California’s top 1% pay nearly half the state’s income taxes—Prop 40 critics say it may hit everyone
California’s revenue is notoriously top heavy, leaving state coffers vulnerable to boom-and-bust cycles as the wealthiest residents see…
Billionaires have left the U.K. and taken $160 billion to Monaco, Switzerland, and the UAE
It’s estimated that billionaire U.K. residents who have loosened their ties to the country in the past two…
Google’s Sergey Brin has now donated more than $100 million to oppose California’s billionaire tax
Google cofounder Sergey Brin has now spent more than nine figures combating California’s proposed wealth tax. According to…
California voters narrowly back billionaire tax in new poll
California’s explosive billionaire tax battle is tightening dramatically just weeks before voters decide whether to slap the state’s…
California billionaire tax draws majority support in new poll
California voters favor the billionaire tax that’s on the November ballot, according to a new poll — but…
Roger Federer Is No Longer A Billionaire—As Sneaker Brand Stock Slumps
Topline Tennis legend Roger Federer is no longer a billionaire, Forbes estimates, after the share price for On…
California Dems defy Gavin Newsom, Xavier Becerra on billionaires tax
California Democrats officially endorsed a controversial billionaire wealth tax on Sunday, putting the state’s Democratic Party at odds…
Real estate insiders reveal cost of Mamdani’s pied-à-terre tax
Buyers with big budgets are bewildered. Brokers, builders and building boards are apoplectic. It’s only been a month…
NYC mansion outed as the city’s priciest home in tax list
Love may be priceless — but when it all falls apart, it certainly comes with a price. The…
Americans are quietly abandoning the daily habit that billionaires say set them up for success
Bill Gates, Barack Obama, and Oprah Winfrey all share a daily habit that most Americans have quietly abandoned:…
Philanthropy leader at the Giving Pledge says billionaire heirs are pushing for faster giving
Millennials and Gen Xers are facing down one of the greatest transfers of wealth in history—with some $124…
Union boss behind billionaire tax unloads on Gavin Newsom in rare interview
The union leader spearheading California’s controversial billionaire tax proposal went on the offensive against Gov. Gavin Newsom, accusing…