It appears that the wealthy in this country have begun to embrace social media more and more in the last year, and they definitely have a favorite social network. The Social Network, that is: Facebook. According to a report from …

According to The Luxury Institute’s latest WealthSurvey, "The Wealthy and Web 2.0", wealthy online consumers ( average income $287K and net worth just over $2 million) are flocking to social networks.