This year is shaping up to be a milestone moment for state income taxes after last year’s massive changes to federal income taxes.
billionaire
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David Simon, CEO of Simon Property Group—the largest mall owner in the country—died Sunday at age 64. He’d been diagnosed with pancreatic cancer in 2024—and, according to a press release, Simon…
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An affiliate of Paul Singer’s Elliott Management won an auction for Citgo late last year
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A proposed 5% tax on billionaires’ wealth in California has drawn a strong response from crypto executives, who argue it would trigger an exodus of entrepreneurs and capital flight, and…
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Stocks
Are markets getting wary on AI spending? Here’s what billionaire hedge fund founder David Einhorn thinks.
More investors are starting to question the trillion dollar pledges to build AI infrastructure.
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insta_photos / Shutterstock.com You’ve spent years grinding away at your 9-to-5, watching your bank balance inch upward while billionaire CEOs seem to multiply their wealth overnight. It’s tempting to think…
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California’s beaches are public, but on the sands of Malibu, one billionaire has been accused of stealing a slice of paradise — or at least a few scoops of it…
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Startup
A billionaire who spent 10 years predicting things his companies still haven’t achieved gets triggered by tech prophecy
In October last year, the world’s richest conspiracy theorist, Elon Musk, announced plans for a robotaxi, the Tesla Cybercab. Production would begin he said “in 2026”, before correcting himself to…
