Narendra Modi has kept India on its swift upward path among the world’s largest economies. Many Indians are better off, though wealth gaps have widened.
Category: High Net Worth Individuals
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Netflix Co-Founder Reed Hastings’ Utah Ski Resort Is Going Half-Private
The Netflix co-founder bought Powder Mountain, in Utah, and is turning half of it into a private club for wealthy homeowners who pay a hefty annual fee. Will the public-private model fly?
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Stephen Adams, Who Made Yale Music School Tuition-Free, Dies at 86
A billionaire businessman and a late-blooming piano aficionado, he set a record with the anonymous $100 million gift that he and his wife gave the school.
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What Must Nelson Peltz Do to Get Some Respect?
The longtime corporate agitator feels misunderstood. Maybe his fight with Disney could change that.
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Biden’s Budget Calls for Tax Increases on Corporations and the Wealthy
The budget, which would cut the deficit by $3 trillion over the next decade, reinforces Biden’s efforts to counter Republican tax proposals that Democrats deride as giveaways to the wealthy.
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He’s Not Just Looking to Make a Quick Billion
Marc Lore, the entrepreneur behind Diapers.com and Jet.com, would like to disrupt food delivery. But he really wants to build a brand that actually lasts.
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A Tax Sunset Will Change What You Owe the I.R.S.
Important regulations expire at the end of next year, thwarting tax planning and creating a monumental fiscal challenge for Congress.
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Want to Lose a Lot of Money, Fast? Buy a Small Soccer Team in England.
The country’s lower leagues offer a tempting entry to ownership. But the sport’s economics mean even multimillionaires can struggle to compete.