Are Gay Men Really Rich? - Freakonomics

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He also vted Facebook and Airbnb.When asked for his opn on why more CEOs aren't openly gay, Thiel said, "A lot of the bs are global reach, and when you have ctomers all over the world, be a qutn of ‘Will they hold that (beg gay) agast you?''"Ste Erik Hagen, of the vtment pany Cani AS, is worth approximately $2.2 billn. He officially me out as gay 2015.Domeni Dolce, one half of the duo behd Dolce & Gabbana, is worth $1.61 billn. In 2007, Out magaze lled Geffen the most powerful gay man the untry.

Dpe his billnaire stat, he liv a relatively most home Palo Alto.He me out as gay 2014.

Yet jt seven, or 0.4%, of the globe's 1,645 billnair openly intify as lbian, gay, bisexual or transgenr.

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Among the openly-gay hyper-wealthy are Domeni Dolce and Stefano Gabbana, the duo behd fashn power hoe Dolce & Gabbana.

ARE GAY MEN REALLY RICH?

Some of the bsmen and women have ed their fortun to advote for gay rights. A 2013 Gallup poll timat that 3.5% of Amerins intify as lbian, gay, bisexual or transgenr; statistilly, 19 of Ameri’s 492 billnair should intify as such. Billnair have exprsed their allegiance for their gay dghters and sons fancially: hedge fund billnaire Pl Sger has given more than $10 ln to support marriage equaly – his gay son, Andrew, tied the knot – while Progrsive surance’s Peter Lewis, recently ceased, donated $250,000 to the Gay & Lbian Victory Fund 2008, as my lleague Clare O’Connor noted.

His son, Jonathan, is also gay.

Dallas Mavericks owner Mark Cuban ss on the advisory board of Athlete Ally, a nonprof targetg homophobia sports. Beg wealthy do not necsarily make easier to publicly intify as gay.

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“Do you know how many people the fancial world are openly gay?” Thiel reportedly asked one iend, explag that he didn’t want his sexual orientatn to get the way of his work, wr The New Yorker's Gee Packer.

By our reckong, Thiel is the only one who is openly gay. Of urse, some untri are more equal than others terms of gay rights, which might expla why natns wh the send- and third-hight number of billnair – Cha, 152, and Rsia, 111 – do not list a sgle LGBT billnaire.

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