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
California is considering a new tax plan. It would target the state's billionaires. The idea is to tax their wealth, not their income. This has sparked a heated debate. Some people support the tax. They argue that billionaires' wealth has grown a lot in recent years. A one-time 5% tax would not hur
A big shot in the crypto world has some thoughts on taxes and wealth. Mike Novogratz, who runs Galaxy Digital, thinks the talk about taxing the super-rich should happen at the national level, not just in states like California. He said this isn't a small issue that will fade away. Novogratz believe
A Conservative lawmaker, Lord Wolfson, finds himself in hot water. He's a shadow attorney general and a lawyer for Roman Abramovich, a Russian billionaire under UK sanctions. Labour isn't happy about this setup. They say it's a conflict of interest. Justice Minister Jake Richards even called it "ind
A recent investigation by German authorities into Russian billionaire Alisher Usmanov has come to a close. The probe focused on alleged violations of foreign trade laws. Specifically, it looked into payments made for security services at two properties in Bavaria. The payments were made between Apri
Beyoncé has done it again. She is now a billionaire, joining an exclusive club of only five musicians. This is not just about her music. It is about her smart moves and bold choices. Her latest album, \"Cowboy Carter, \" changed the game. It was not just a new sound. It was a new way to make money.
The recent Netflix documentary, Murder in Monaco, dives into the bizarre and tragic story of Edmond Safra, a billionaire banker who met a mysterious end in 1999. The documentary has quickly climbed the Netflix charts, sparking curiosity and debate among viewers. Edmond Safra was a wealthy private b
Billionaires are changing how they give money to causes. Mark Zuckerberg and his wife Priscilla Chan have stopped funding FWD, a group that pushes for immigration and criminal justice reform. They supported this group for ten years. Now, they want to focus on AI and science instead. Zuckerberg's mo
Larry Ellison, a tech billionaire, is making waves with a huge $40 billion promise. He's backing his son's plan to take over Paramount. This isn't your typical charity donation. It's a new way of giving where billionaires use their money to shape industries instead of just writing checks. Ellison's
AMC's stock hit a new low, dropping to $1. 64. This happened even though the company had a great weekend with the new Avatar movie. The movie brought in over 4 million people and made $88 million. Most of the money came from special 3D showings. Investors are not happy. They are worried about the f
