Read the text and decide which of the facts are True, False or Not Stated

The Very Rich

There are no kings or queens in the US, but there are some very rich people. And some of their houses are like palaces. In the nineteenth century, the rich families of New York wanted to leave the city in the hot summer months. They built homes in Newport. Those millionaires [ˈmɪljəneəz] called their homes "cottages" [ˈkɒtɪʤɪz]. Cottages are usually small and simple. But Newport houses were the biggest and most wonderful in the United States. The rich Vanderbilt family paid eleven million dollars to build their house in 1890. That was a lot of money then.

The Newport cottages were open for only seven weeks every year. But at that time, there were parties all night long and the music never stopped. Rich people today do not like to show their money. They are afraid of thieves. Their houses have high walls all around them and big dogs too. Some of today's richest people are movie and pop stars. They have houses in Beverly Hills, near Hollywood. Tourists come by bus to see actors' beautiful homes, but they can only look at them through the gates. The stars like to live in peace and quiet.

1. There are a lot of millionaires in the US.
   [True|False|Not Stated]
2. Cottages in Newport in the 19th century were small and simple.
   [True|False|Not Stated]
3. In the 19th century people lived in the Newport cottages for less than two months.
   [True|False|Not Stated]
4. Today many rich people have houses near Hollywood.
   [True|False|Not Stated]