LIFE & STYLE - JAX GAY MAG

Contents:

• 8 OPENLY GAY BILLNAIR
• ARE GAY MEN REALLY RICH?
• NET WORTH: TOP 10 RICHT GAY BILLNAIR IN 2023 (WEATHIT LGBTQ PEOPLE NAM, RANK)
• IS THE BODYBUILDG INDTRY GAY FOR PAY? BODYBUILDG TROLL VCE GOODM TAK SHOTS AT NICK TRIGILI
• RICH GAY, POOR GAY
• THE MYTH OF GAY AFFLUENCE NOT EVERYONE IS FABULOLY WEALTHY
• ONLE DATG GAY GUYS MATCH
• GAY SGL HOTON
• THE MYTH OF GAY AFFLUENCE

8 OPENLY GAY BILLNAIR

He also vted Facebook and 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?

ARE GAY MEN REALLY RICH?

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.

NET WORTH: TOP 10 RICHT GAY BILLNAIR IN 2023 (WEATHIT LGBTQ PEOPLE NAM, RANK)

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. 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. He outed himself as gay 2007 when Out Magaze listed him at the top of “Most Powerful Gay Men and Women Ameri”.

IS THE BODYBUILDG INDTRY GAY FOR PAY? BODYBUILDG TROLL VCE GOODM TAK SHOTS AT NICK TRIGILI

Dolce is gay, and is not aaid to show , though there are always prumptns and nscensn about fashn signers and their sexualy.

RICH GAY, POOR GAY

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.

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.

THE MYTH OF GAY AFFLUENCE NOT EVERYONE IS FABULOLY WEALTHY

If, therefore, gay men get more tn, that would go a long way toward explag why they earn more.

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. 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.

ONLE DATG GAY GUYS MATCH

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.

GAY SGL HOTON

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 .

THE MYTH OF GAY AFFLUENCE

But when you pare gay and straight people wh the same tn level, actually the gay people earn ls. Badgett says that, while her data may not be so great eher, appears that if you took two observatnally equivalent men — same background, same tn, and so on – that the gay man would earn ls than the straight man, not more. In fact, earlier this year, Badgett and two -thors released a Williams Instute study which found that gays and lbians are more likely to live poverty than observatnally equivalent heterosexuals.