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Alex Wong/Getty Images A New York Times editorial titled “Abolish Billionaires” introduced many readers to an increasingly strong rallying cry on the American left. Progressive politicians are calling for significantly increased taxes on the rich to counteract exceptionally high levels of wealth inequality in the US. While there may be eyebrow-raising rhetoric around these policies, […]
Caitlin Ochs/Reuters Rep. Alexandria Ocasio-Cortez and Sens. Elizabeth Warren and Bernie Sanders have all recently proposed hiking taxes on the wealthiest Americans. The progressive tax proposals have incensed the right-wing and many of America’s billionaires, some of whom might run for president in 2020. While the right-wing says the left is fueling a class-war, progressives […]
Billionaires Jack Dorsey, founder of Twitter, and Salesforce head Marc Benioff squared off over whether San Francisco tech giants should be taxed to help solve the city’s catastrophic homelessness problem. At the midterms next month residents of the ultra-liberal city will be asked to vote on Proposition C – a new tax, amounting to approximately […]
Jeff Gross/Getty Images Billionaires often make extravagant purchases — like buying their own sports team. CEOWORLD magazine recently ranked the 20 wealthiest owners of major league sports teams around the world. Some billionaire owners own more than one team — like Paul Allen, who owns the Portland Trail Blazers and the Seattle Seahawks. Billionaires have […]
Decentral Anthony Di Iorio made his fortune as an early adopter of hot cryptocurrencies bitcoin and ethereum. Now, the cryptocurrency billionaire is spending some of his cash on two video game-inspired real estate projects in Toronto. Di Iorio recently purchased two spaces in Toronto. One is a 15,000 square foot office space for his blockchain […]
REUTERS/Daniel Becerril A month before Mexico’s presidential election, leftist Andres Manuel Lopez Obrador’s lead continues to grow. Business leaders and wealthy Mexicans are dismayed, and they’ve tried to warn voters away from the frontrunner. But such warnings are unlikely to persuade Mexicans who are backing AMLO. Mexican presidential candidate Andres Manuel Lopez Obrador’s lead has […]
Paul Marotta/Getty Images Most billionaires needed a lifetime of work to amass their fortunes, but others were able to earn $ 1 billion in a relatively short amount of time. The list includes online commerce pioneers like Jeff Bezos and tech innovators like Mark Zuckerberg and Evan Spiegel, who all became billionaires with less than […]
Billionaire vacation perks far exceed luxury hotels and first-class flights. Private Farrari driving lessons, after-hour visits to tourist sites, and private art tours are just some of the experiences Nota Bene Global plans for the its wealthiest clients. Nota Bene Global plans vacations for the ultra-wealthy, who have net worths ranging from $ 10 million to $ 8 […]
Reuters/Lindsey Wasson According to Forbes, there are just over 2,000 billionaires in the world. TitleMax made an infographic showing which countries have the most billionaires. The US, China, and Germany take the lead. There are roughly 36 million millionaires in the world. That means if you meet someone from the global population at random, there’s […]
Thomson Reuters President Donald Trump is heading to the World Economic Forum in Davos, Switzerland, to deliver a shocking address to world leaders and the international billionaire class, according to Axios’s Mike Allen. Trump will give “a very carrot-and-stick message,” according to Allen, who cited a senior administration official. He will reportedly reaffirm the US’s […]
