The yearly list of billionaires includes many of Jeffrey Epstein’s associates — here are the names in the documents.
Forbes Unveils 40th Annual Billionaires List Tied to Epstein Forbes Magazine has just released its latest world billionaires list, and it shows some connections to Jeffrey Epstein’s past associations. Following the Justice Department’s release of documents regarding Epstein back on December 19, a considerable number of wealthy individuals linked to him have stepped down and […]
Many California billionaires move to Florida due to suggested wealth tax
Property managers and local officials in Florida are noticing an increase in California billionaires looking to relocate, primarily due to worries over a potential wealth tax. A new initiative from the Service Employees International Union of Health Care Workers West aims to impose a one-time 5% tax on the net worth of California residents with […]
California union leader advocates for controversial tax on billionaires
Interestingly, the individuals who might shape California’s destiny aren’t necessarily Governor Gavin Newsom or former President Donald Trump. It’s actually the influential union leaders that many find intimidating, who are keen on extracting a whopping $1 trillion from the state. At the forefront is Dave Regan, president of SEIU-United Healthcare Workers West since 2011, pushing […]
DSA candidates criticize billionaires while continuing to accept money from the wealthy.
It’s interesting, or maybe even a bit ironic, to see left-leaning candidates linked to the Democratic Socialist Party of America (DSA) pulling in significant donations from billionaires. This seems quite at odds with their campaign narratives that criticize the wealthy elite. An email sent out by DSA-LA asked Angelenos to back candidates who “fight ICE, […]
Bernie Sanders supports California’s tax on billionaires at an event
Sanders Backs California’s Billionaire Tax Initiative During an event in California, Senator Bernie Sanders expressed strong support for the state’s proposed “billionaire tax.” He emphasized the importance of democratic power, stating, “Billionaires will learn that we still live in a democracy.” He criticized pervasive greed and moral decline in the country. Speaking to a crowd […]
Sen. Warren advises the Fed and Treasury against supporting crypto billionaires.
Warren Urges Caution on Crypto Bailouts On Wednesday, Senator Elizabeth Warren, a Democrat from Massachusetts and a key figure on the Senate Banking, Housing, and Urban Affairs Committee, urged the Treasury Department and the Federal Reserve to make sure that “taxpayer funds are not used to bail out crypto billionaires and other highly leveraged crypto […]
Kevin Kiley aims to stop the widespread departure of billionaires from California by challenging the wealth tax.
California Lawmakers Push Back Against Wealth Tax In a bid to halt the departure of billionaires and significant wealth from California, lawmakers are challenging a proposed wealth tax they deem “fundamentally unfair.” Representative Kevin Kiley (R-Calif.) is set to introduce a bill on Friday aimed at preventing the state from imposing retroactive taxes on individuals […]
Billionaires Chris Larsen and Tim Draper start a political action committee against unions
Billionaires vs. Unions: A New Political Battle in California In a noteworthy shift, California cryptocurrency billionaires Chris Larsen and Tim Draper are investing substantial amounts into a political organization named Grow California. This group aims to challenge the influential labor unions in the state and promote moderate candidates for the legislature. Speaking with a publication, […]
Gavin Newsom shares personal conversations with billionaires
California’s Ultra-Wealthy Urge Governor to Reconsider Proposed Billionaire Tax Governor Gavin Newsom shared at a recent Bloomberg Forum in San Francisco that many of California’s richest residents are urging him to abandon a proposed one-time tax of 5% on individuals with assets exceeding $1 billion. This initiative could potentially affect around 250 billionaires in the […]
Billionaires Invest in an Index Fund That Is Outperforming AI Stocks Nvidia and Palantir in 2026
The SPDR Gold Stock ETF (NYSEMKT:GLD) has increased by 25% this year. In comparison, Palantir Technologies saw a decline of 12%, while Nvidia rose by 3%. Interestingly, over the last six months, the gold fund has outperformed both AI stocks by at least 50 percentage points. On another note, the SPDR Gold Stock ETF has […]