Report: Super angel billionaire Ron Conway blindsided by crypto allies
Billionaire venture capitalist Ron Conway has reportedly severed ties with a cryptocurrency super PAC called Fairshake after the group announced it would support the Republican running against Senator Sherrod Brown (D-Ohio). Politico Report. Brown is the longtime chairman of the…
Teenage daughter of Morgan Stanley manager and entrepreneur missing at sea after tornado
A celebration aboard a luxury superyacht off the coast of Italy continued to bring tragic news on Monday. Morgan Stanley International Chairman Jonathan Bloomer was reported missing from the sunken yacht, according to the telegraph. Bloomer was aboard the 184-foot…
Jamie Dimon calls for introduction of the “Buffett Rule” to tax millionaires
Jamie Dimon is reviving a ten-year-old tax rule proposed by Warren Buffett. Donald Bowers/Getty Images for Fortune Last month, the U.S. national debt surpassed a record $35 trillion for the first time, fueling economists’ fears that the country is heading…
Saris unite guests at Ambani’s wedding
Authentic Meaning of the Saree Traditional attire includes a silk sari in bright colors and often with gold thread borders for weddings. Some saris even have printed family trees or motifs with animals, fire and flowers. To show respect to…
Austrian billionaire Richard Lugner has died at the age of 91
Billionaire businessman Richard Lugner – who was known for paying celebrities such as Kim Kardashian and Pamela Anderson hundreds of thousands of dollars to accompany him to lavish events – died on Monday. He was 91 years old. The Austrian…
This would mean a victory for Harris for the tax burden of the rich
REX / Shutterstock.com Being rich has always been good, but there has never been a better time to have money to spend than now. According to the Institute for Policy Studies, America’s billionaires have become 62 percent richer during the…
Elon Musk, Jeff Bezos and other super-rich in the crosshairs? Economist says there is “no turning back” on tax proposal of 2% minimum tax rate for billionaires
Elon Musk, Jeff Bezos and other super-rich in the crosshairs? Economist says there is “no turning back” on tax proposal of 2% minimum tax rate for billionaires As the rich exert their influence and grab a disproportionate share of the…
Meet 3 of the richest women in Chinese history, including one of the richest women of all time
Given China’s wealth at the time, which accounted for 23 percent of global GDP, she has a good chance of being remembered as the richest woman in history; some estimates put her fortune at $16 trillion. In its 5,000-year history,…
How the super-rich are pimping out their high-tech bunkers
As a billionaire, it’s not just about living a life of luxury—it’s also about surviving the apocalypse in style. Gone are the days when a basement panic room was enough to calm the nerves of the world’s elite. Today, the…
Italy doubles its ‘billionaire tax’ to 200,000 euros for super-rich expats
The Italian government announced on Wednesday that it would double the flat tax on foreign income for high earners who have moved from abroad from 100,000 euros ($110,000) to 200,000 euros a year. The original tax rate, which is levied…
