#billionaires
13 stories
California votes on first-ever wealth tax for billionaires
Proposition 40 would impose a one-time 5% tax on people worth over a billion dollars, but Democrats in the state are divided on whether it works.
NPR · 2m
Wealthiest Angelenos: A Wealth of Uncertainty
California's proposed 5% wealth tax sparks billionaire exodus as election nears.
Los Angeles Business Journal · 1m
California's billionaire tax sparks wealth tax debate
Proposition 40 would tax billionaires' assets once, but opponents fear it opens the door to taxing all Californians.
Fortune · 1m
Democrats and billionaires unite against California wealth tax
Top Democratic leaders join the ultra-rich in opposing Proposition 40, a first-in-the-nation tax on billionaire wealth ahead of California's November vote.
ABC News · 2m
The 20 richest women in the world, ranked
Most of the world's richest women grew their wealth over the past year, with combined fortunes of $886 billion.
Business Insider · 1m
Record wealth threshold as young billionaires surge in US
Forbes' 2024 list shows ten billionaires under 40, mostly from AI, with four from Anthropic alone.
Business Insider · 1m
Billionaires buy The Empty Pockets album for $285k
Billionaires pay $285,000 for The Empty Pockets' album.
Music Ally · 1m
America's billionaires cluster in five states
Nearly two-thirds of the Forbes 400 richest Americans live in just five states, led by California's tech fortunes.
Business Insider · 1m
Aaron Rowe Defends Ed Sheeran Amid Macklemore Tour Fallout
Aaron Rowe says public criticism targets the wrong person as Ed Sheeran's tour faces backlash over Macklemore's pro-Palestinian stance.
Billboard · 1m
Billionaire heirs are pushing for faster giving
Younger generations are rewriting philanthropy, demanding their wealthy parents give away fortunes now instead of waiting decades.
Fortune · 3m
Nobel economists back California's billionaire wealth tax
Six Nobel Prize winners say Prop 40 could spark a global movement to tax the ultra-wealthy.
Fortune · 1m
Billionaires are easier clients than millionaires
A 25-year-old luxury travel expert charges $100K annually and says the ultrarich are surprisingly low-maintenance compared to those with less money.
Fortune · 1m
Bill Koch's $125 million Aspen bet went bad
A Koch billionaire spent a decade chasing nine figures for his Aspen ranch, then watched an auction settle it at $33.5 million.
Business Insider · 1m