Stephen Ross Views California Billionaire Tax as Beneficial for Palm Beach
Billionaire Stephen Ross Envisions Palm Beach as a Tech Hub (Bloomberg) — Billionaire Stephen Ross is setting his sights on transforming Florida’s Palm Beach County into a new Silicon Valley, suggesting that it offers a more favorable business climate for tech investors compared to California. In a recent interview with Bloomberg News in Palm Beach, […]
Billionaire Bill Ackman stands by his contentious $10,000 contribution to the ICE agent involved in the fatal shooting of Renee Nicole Good.
Bill Ackman Defends GoFundMe Donation for ICE Officer Billionaire Bill Ackman has drawn attention for donating $10,000 to a GoFundMe campaign supporting the federal immigration officer involved in the fatal shooting of anti-ICE activist Renee Nicole Goode. He admitted that he didn’t fully investigate the circumstances before making the donation. Ackman, who is 59, confirmed […]
Crypto Billionaire Michael Saylor Lists Nvidia and Bitcoin as Top Assets of the Decade: Here’s Their Performance
Michael Saylor Highlights Top Assets of the Decade On Sunday, Michael Saylor, the Executive Committee Chairman of Strategy Co., Ltd. (MSTR), shared insights into the company’s focus on Bitcoin as a key asset. This highlights how MSTR has emerged among the top performers, only trailing behind Nvidia Inc. (NVDA) in the realm of high returns. […]
California advocacy group receives $3 million contribution from billionaire Pete Thiel to oppose wealth tax
Peter Thiel Donates to Fight California’s Wealth Tax Peter Thiel isn’t saying much after making a significant $3 million donation to a lobbying group focused on blocking a contentious wealth tax in California. The co-founder of Palantir reportedly contributed this sum to the California Business Roundtable on December 29, as revealed by The New York […]
Understanding California’s suggested ‘Billionaire Tax’ and the wealthy leaving to avoid it
California’s Proposed Billionaire Tax Act of 2026 California is considering the Billionaire Tax Act of 2026, which might be on the ballot in November 2026. This act would introduce a one-time tax targeting the state’s wealthiest individuals. Specifically, it proposes a 5% tax on personal wealth exceeding $1 billion, and it would be retroactive to […]
California’s wealth drops an astonishing $1 trillion in just one month due to concerns over a ‘Billionaire Tax,’ according to a wealth expert.
California has seen an astonishing loss of nearly $1 trillion in wealth over the last month, primarily due to worries surrounding a proposed “billionaire tax,” as noted by a prominent state resident. This significant measure, which even left-leaning Governor Gavin Newsom opposes, would introduce a one-time 5% tax on individuals with assets exceeding $1 billion […]
Billionaire Bill Ackman Gives $10,000 to ICE Officer Involved in Fatal Minneapolis Shooting
Bill Ackman Raises Funds for ICE Officer Involved in Shooting Billionaire investor Bill Ackman shared that he contributed to a fundraising effort for the U.S. Immigration and Customs Enforcement (ICE) officer who fatally shot a woman in Minneapolis on Wednesday. He also mentioned attempting to provide support to the victim’s family. Ackman donated $10,000 to […]
Investment firm of ‘invisible billionaire’ sees 73% growth in 2025
Bluecrest Capital Management’s Strong Performance The private investment firm founded by billionaire Michael Platt, who has a unique backstory of learning to invest from his grandmother, continues to see impressive profits. The firm reported a return of approximately 73% last year after choosing to return external capital in 2015. Bluecrest Capital Management transitioned from a […]
Billionaire brothers from New Zealand spend over $65M on burned Malibu properties with a plan to construct prefab houses.
Billionaire Brothers Buy Burned Malibu Land for Prefab Homes New Zealand billionaire brothers have acquired 16 acres of beachfront property in Malibu, which was ravaged by a fire last year. They’ve dedicated over $65 million to plans for building prefabricated homes on the site. Nick and Matt Mowbray, co-founders of the toy company Zuru, intend […]
Two Smart Stocks This Billionaire is Investing In for 2026
Third Point’s Notable Moves in Q3 Since its inception in 1995, Daniel Loeb and Third Point Management have managed to achieve impressive results. Whenever they make moves in the market, it’s worth taking note, especially with the two stocks they’ve recently acquired in the third quarter—the outlook for these investments appears quite promising. Recently, we’ve […]