Tax evasion by millionaires and billionaires tops $150 billion a year, says IRS chief – CNBC
The nation’s millionaires and billionaires avoid more than $150 billion a year in taxes, increasing the government’s deficit and creating a “lack of fairness” in the tax system, according to the head of the Internal Revenue Service. With billions of dollars in new funding from Congress, the IRS has begun a sweeping crackdown on wealthy […]
The ultimate status symbol: billionaires’ quest for private islands
Why doesn’t Washington wipe out Big Tech? “Takedown with Chris Hansen” host Chris Hansen and “Comfort Crisis” author Michael Easter discuss the dangers of social media and the actions of the Washington government on “Jesse Watters Prime Time.” Discuss failures. In the high-stakes world of high-tech billionaires, the pursuit of a private island has become […]
Elon Musk bought Twitter after then-CEO refused to ban billionaire’s jet tracking account: book
Chief Twit just might be worthy of that title! In his recent book, Battle for the Bird, he claims that Elon Musk began buying Twitter after rejecting former CEO Parag Agrawal’s demands to shut down @ElonJet. The account, run by Jack Sweeney, uses public information to track Mr. Musk’s private jet, causing distress to the […]
Harvard alumni backed by billionaires fail to make cut for board ballot
Billionaire investor Bill Ackman, who led a campaign criticizing Harvard University reeling from turmoil over anti-Semitism, plagiarism and practices related to financial management, on Friday named four candidates on the Ivy board’s ballot. Attempts to add additional members failed. League school. Another candidate backed by Facebook founder Mark Zuckerberg also failed to make it onto […]
Hollywood moguls, billionaires flood Biden’s victory fund with six-figure donations
Hollywood moguls and other wealthy billionaires fully supported President Biden’s re-election in the last quarter, pouring millions of dollars into the Biden Victory Fund, according to filings. Several of his wealthy supporters made six donations to the Biden Victory Fund (a joint fundraising effort made up of the Biden campaign, the Democratic National Committee, all […]
Baltimore Orioles Being Sold In Bombshell $1.725 Billion Deal To 2 Private Equity Billionaires: REPORT
They are free! They are free! The Baltimore Orioles are free! Manager John P. Angelos is selling the storied Baltimore Orioles franchise to two private equity billionaires, Mike Arrogetti and David Rubenstein, in a shocking deal, according to a report Tuesday. That’s what it means. ESPN. The sale reportedly values the Orioles at $1.725 billion. […]
Sports Illustrated’s future in standoff between billionaires: sources
The future of Sports Illustrated rests in a high-stakes game of chicken between the magazine's billionaires, The Post has learned. In one corner stands Manoj Bhargava, founder of 5-Hour Energy and majority shareholder of SI publisher The Arena Group. He took the risky gamble of withholding license fee payments in order to renegotiate the terms […]
Nikki Haley Gets Backing of Pro-Mass Immigration Wall Street Billionaires
Republican presidential primary candidate Nikki Haley, a former ambassador to the United Nations, has the backing of Wall Street billionaires who tend to flood the domestic labor market with foreign workers. On January 30th, the true identities of Wall Street billionaires will be revealed. host New York City Fundraiser for Haley. Tickets to attend start […]
Wall Street billionaires plan Haley fundraiser after New Hampshire: Report
A group of Wall Street billionaires is planning a fundraiser for Republican presidential candidate Nikki Haley in New York City after the New Hampshire primary, Bloomberg News reported. Billionaires Stanley Druckenmiller, Henry Kravis, Ken Langone and Cliff Asness are reportedly planning a fundraiser for Haley on January 30th. according to the invitation Viewed by Bloomberg. […]
Tech billionaires want to build a new city in rural California. Voters may get a say on it | California
A controversial plan backed by Silicon Valley billionaires to build a new city on farmland in Northern California could go before voters later this year. California Forever, the company that secretly acquired 60,000 acres of land in Solano County and recently revealed plans to build a city there, announced Wednesday it will file a ballot […]