California is home to many crypto billionaires. A new tax plan has them talking about leaving. A union proposed a 5% tax on assets for residents worth over $1 billion. This could bring in up to $100 billion. The tax would also include a one-time fee of $1 billion for those worth over $20 billion. Th
In the summer of 2024, Sydney's central business district (CBD) faced an unexpected health challenge. A rare outbreak of Legionnaires' disease, caused by the bacterium Legionella pneumophila serogroup 1 (Lp1), made its presence known among visitors to the bustling area. Legionnaires' disease is no
The super-rich have been living in a dream world. They've had the power to shape laws and politics to their liking, all thanks to some big court rulings. This has made them incredibly wealthy. The top 20 richest Americans saw their wealth double in just five years. But they've been doing this behind
Artificial intelligence (AI) is a hot topic these days. Everyone is talking about it. But who will it really help? That's the big question. Sen. Bernie Sanders and AI expert Geoffrey Hinton recently shared their thoughts on this. Sanders thinks the main issue is who has control over AI. He doubts t
In recent times, a growing number of Americans have started to view billionaires as a potential danger to their democratic system. This shift in perspective is significant, as it reflects a changing attitude towards wealth and power in the country. Many people are now questioning the influence that
Kris Jenner's 70th birthday party was not your average celebration. It was a high-profile event that brought together some of the world's wealthiest individuals. The party took place at the luxurious Jack Werner estate in Beverly Hills, which was recently acquired by Jeff Bezos for a staggering $165
The ultra-rich are shifting their focus from traditional luxuries to sports teams. This isn't just about passion for the game; it's a smart move. Sports teams are turning out to be a goldmine for investors. Over the past few decades, top teams have grown faster than many other investments. This grow
In the fast-paced world of technology, three young entrepreneurs have made a significant mark. Brendan Foody, Adarsh Hiremath, and Surya Midha, all just 22 years old, have become billionaires after their AI recruiting startup, Mercor, secured $350 million in funding. This valuation puts their compan
Billie Eilish, the famous singer, made a bold statement at an awards event. She questioned why billionaires have so much money while many people struggle. She was speaking in front of Mark Zuckerberg, the billionaire behind Meta. Eilish urged the super-rich to give away their wealth, especially now
Two big names in tech, Peter Thiel and Michael Saylor, are making waves in the crypto world. They're both investing heavily, but their strategies couldn't be more different. Saylor, the head of Strategy, is going all-in on Bitcoin. He's been buying up as much as he can, using a unique method. His c
