Chris Larsen, the man who turned a crypto startup into a multi‑billion dollar fortune, has made San Francisco his personal laboratory for rapid change. He does not sit in a boardroom and wait for policy to trickle through; he throws money at problems, then watches the results. His first big move
Binance founder Changpeng “CZ” Zhao shared a quirky moment from a recent podcast. He had never sat in a Lamborghini before, yet the host left one waiting for him at the exit. CZ laughed when he said, “I sat in it for a bit. ” The interview covered many topics: Bitcoin trends, artificial intellige
The story begins in the 1970s, after a scandal that shook the nation. New rules were made to stop rich people from buying elections. They set limits on how much could be spent and required donors to be named. Even the biggest campaign groups were capped at $1, 000 a year. One billionaire industriali
Billionaire Ken Griffin has sent a clear warning to cities that push high earners too hard: they might not like where their policies lead. After dismantling his Chicago operation in 2022, he’s now in a direct clash with New York’s Mayor Zohran Mamdani over taxes aimed at the ultra-rich. Griffin’s mo
New York’s latest tax debate just got personal. The city’s plan to charge extra fees on luxury homes owned by part-time residents has landed on the doorstep of Ken Griffin, a hedge fund billionaire and one of the world’s richest people. Instead of a typical policy announcement, Mayor Mamdani chose t
Illinois Governor JB Pritzker is no stranger to writing big checks for political battles. But if he decides to run for president in 2028, he won’t be footing the entire bill himself. That’s according to people close to his inner circle, who say he’s already testing the waters with national fundraise
New York is seeing a fight over AI rules that breaks normal political rules. A tech billionaire is spending millions to push for strict laws, especially to protect children from AI dangers and stop job losses. He backs a former tech critic now running for office. But big tech companies are fighting
California is testing a new idea that might backfire. The state now has a “billionaire tax” on the ballot, pushed by union leaders who argue it will help fund public services. But the plan has already started a quiet exodus—not of the poor, but of some of the state’s wealthiest residents. Many had s
A new voice in the debate is Senator Tommy Tuberville, who says that letting billionaires own college teams could hurt the spirit of college sports. He argues for a model like the NFL, where all 32 teams share revenue equally instead of having one powerful conference dominate. The NFL’s history show
Tom Steyer, a billionaire running for California governor, faced backlash after he avoided giving a grade to current Governor Gavin Newsom during an interview. The question was simple: what letter would Steyer assign to Newsom’s performance over his two terms? Instead, he replied that people have co
