Are Gay Men Really Rich? - Freakonomics

Contents:

• RICH GAY MEN GAY PORN VIOS
• ARE GAY MEN REALLY RICH?
• MEET 5 OF THE RICHT GAY MEN IN THE WORLD
• WORLD’S RICHT GAY MAN AND SIX OTHERS YOU DIDN’T KNOW
• 10 OF THE MOST POWERFUL GAY MEN OF ALL TIME
• 8 MEGA-WEALTHY GAYS: WHO ARE THEY, HOW’D THEY MAKE BANK, AND ARE THEY SGLE?
• FAMO KEPT MEN (AND THE RICH GAY MEN WHO KEPT THEM)
• RICH GAY MEN
• JAGS' MAXEN IS FIRST MALE AMERIN PRO SPORTS ACH TO E OUT AS GAY
• JAGUARS’ KEV MAXEN IS FIRST MALE ACH TO E OUT AS GAY US MEN’S PRO SPORTS
• JACKSONVILLE JAGUARS' KEV MAXEN BE FIRST MALE COACH TO COME OUT AS GAY MAJOR U.S. SPORTS

RICH GAY MEN GAY PORN VIOS

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.

He outed himself as gay 2007 when Out Magaze listed him at the top of “Most Powerful Gay Men and Women Ameri”. Dolce is gay, and is not aaid to show , though there are always prumptns and nscensn about fashn signers and their sexualy.

ARE GAY MEN REALLY RICH?

Gabbana has rved himself a niche the dtry, and ignorg the stereotyp about fashn signers, he has been open about his sexualy, tablishg the much-need sense of normalcy to beg gay.

He, who me out to his iends 2003, now openly intifi as gay, which, acrdg to some, has played s part his general mment to changg the norms of venture pal vtment. Jog the LGBT billnair are the lnair who domate this list, at least one of whom has only recently stated publicly that he is a proud gay man.

Trevor Burgs, CEO of C1 Bank based Florida, has bee the first openly gay CEO of a publicly listed bank.

MEET 5 OF THE RICHT GAY MEN IN THE WORLD

Thiel is also openly gay which some have said has played a big part his general mment to changg the l of venture pal vtg and breakg new ground.

Robert Hanson wrote Time magaze that ever sce he has been a bs lear he has been an openly gay man. Christopher Bailey is the new lnaire CEO of Burberry, a luxury fashn pany, and the first openly gay CEO of a pany on the FTSE 100 Company list.

His spot as the first openly gay CEO the FTSE 100 Company list has earned some attentn as media eagerly watch his velopments and newly-found succs.

WORLD’S RICHT GAY MAN AND SIX OTHERS YOU DIDN’T KNOW

Here’s hopg that he spends some of his lns on supportg gay and LGBT that uld help thoands.

Cook has been openly gay his personal life for years, but the article was the first time he discsed his sexualy publicly. Acrdg to Cook, he cid to publicly acknowledge his sexualy to potentially help other people who intify as gay to terms wh who they are and to be proud.

Geffen is also gay and has been out sce at least 2007 when Out Magaze listed him number one of fifty “Most Powerful Gay Men and Women Ameri. Geffen me out as gay 1992, and 2007 topped Out magaze’s list of the fifty “Most Powerful Gay Men and Women Ameri”. Stryker, who is openly gay, remas one of the world’s top philanthropic donors to LGBT .

10 OF THE MOST POWERFUL GAY MEN OF ALL TIME

He said, “I’m proud to be gay, and I nsir beg gay among the greatt gifts God has given me. Kors married his longtime partner Lance La Pere Augt 2011, shortly after gay marriage beme legalised New York.

8 MEGA-WEALTHY GAYS: WHO ARE THEY, HOW’D THEY MAKE BANK, AND ARE THEY SGLE?

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

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. Dallas Mavericks owner Mark Cuban ss on the advisory board of Athlete Ally, a nonprof targetg homophobia sports.

FAMO KEPT MEN (AND THE RICH GAY MEN WHO KEPT THEM)

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.

RICH GAY MEN

Then October of last year, Cook beme the first CEO of a Fortune 500 pany to acknowledge he's gay. Geffen was also part of the mpaign agast California's antigay Proposn 8; spe the efforts of Geffen and others, voters approved the anti-marriage equaly measure, but was later stck down urt. And if you watch even a ltle b of televisn the days, you’ll get the same ia … So, y, ’s pretty easy to get the imprsn that beg gay is a ticket to affluence.

Okay, so the qutn we’re tryg to answer today seems pretty simple: why are gay men affluent?

Lee BADGETT: One possibily is a gay person says, well, I know I’m gog to face some stigma and discrimatn the labor market, maybe my bt fense agast havg an e disadvantage is to get a lot of tn. If, therefore, gay men get more tn, that would go a long way toward explag why they earn more.

JAGS' MAXEN IS FIRST MALE AMERIN PRO SPORTS ACH TO E OUT AS GAY

Dan BLACK: The hierarchy sort of go heterosexual upl, lbian upl, followed by gay male upl. So a straight uple is more than four tim as likely as a gay male uple to be raisg a kid. Also, gay hoeholds are said to spend 50 percent more on pet re products – so if you’re a dog, and you want to be pampered, havg gay parents seems like a good ia.

But also, Black’s rearch shows that neighborhood ameni are a particular draw for gay men.

JAGUARS’ KEV MAXEN IS FIRST MALE ACH TO E OUT AS GAY US MEN’S PRO SPORTS

That gay men are more affluent, probably bee they’re more highly ted, and bee they’re much ls likely to have kids, which means they have the money to live really nice neighborhoods.

BADGETT: The most important thg to know is that is actually pretty hard to get good data on lbian, gay and bisexual people. On today’s show we’re talkg about the stereotype of the high-e gay Amerin male, and how te that stereotype may be. So one problem is that not everyone who’s lbian, gay, bisexual, or transgenr is gog to say so when a stranger wh a Cens form knocks on their door.

JACKSONVILLE JAGUARS' KEV MAXEN BE FIRST MALE COACH TO COME OUT AS GAY MAJOR U.S. SPORTS

DUBNER: Okay, so if the Cens don’t ask directly about sexual orientatn, how do we know what we’ve been tellg you about – that, for stance, gay upl earn about 20 percent more than straight upl? It’s a sub-sample bee not all gay people are partnered, and ’s also a sub-sample bee not all partnered gay people would want to disclose that to the cens. You probably also see why, the earlier part of our program, we told you about the e of gay upl but not dividuals.

But as Keh Ericson pots out, even that data isn’t necsarily a good reprentatn of the gay-uple populatn. Well, maybe a high-earng gay uple is more likely to divulge their sexualy to a cens-taker than a low-earng uple.

BADGETT: Gay and lbian people tend to have higher-than-average tn levels, so you would expect them to have higher-than-average .