A writer reports from inside the premium bubble, where there’s no such thing as too much, petty annoyances are nonexistent and the real world never intrudes.
Category: High Net Worth Individuals
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What Does an Ultra-Luxury First Class Ticket Get You? Flying in a Frictionless Bubble.
The New York Times – Business: -
The Biggest Names in Fine Dining Now Have Rock-Star Residencies
The New York Times – Business:From Las Vegas to the Côte d’Azur, high-profile chefs are taking their cuisine on the road.
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The Tax Bill Haunting Your 401(k) and I.R.A.
The New York Times – Business:Most people have piled their savings into tax-deferred accounts, delaying taxes until they retire. Using Roth options can help ease your tax bite.
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California’s Billionaire Tax Battle
The New York Times – Business:Wealthy residents of the state have put millions of dollars toward stopping a proposed 5 percent tax on their assets.
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In a Memoir Draft, Changpeng Zhao of Binance Details the Talks Leading to His Prison Time
The New York Times – Business:In a draft of his memoir, Changpeng Zhao, the founder of Binance, laid out the secret negotiations that led to his imprisonment and a run-in with ICE.
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Elon Musk’s Secret Web of Companies in Texas
The New York Times – Business:The megabillionaire was tied to about 90 companies in the state, which he uses for everything from paying nannies to buying land to supporting Donald Trump’s re-election, according to a Times examination.
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With a New Nigeria Refinery, Africa’s Richest Man Wants ‘to Rescue the Country’
The New York Times – Business:Aliko Dangote, Africa’s richest man, has an ambitious vision for the continent’s most populous nation, but hurdles stand in his way.
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He Hopes to Turn the Island of Nevis Into a Libertarian Paradise, With Crypto
The New York Times – Business:A Bitcoin baron wants to build a libertarian paradise on the island of Nevis. Democracy is getting in the way.
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Homeownership Is Out of Reach for Many Americans, Despite a Buyer’s Market
The New York Times – Business:A growing split between low-to-middle-income families and wealthy households is changing who has access to homeownership now.
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The Latest Way to Create an Isolated Retreat: Buy a Whole Village
Wealthy buyers and tourism entrepreneurs are acquiring abandoned European villages — school, church and bar included.
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Tesla’s Model S, Soon to Be History, Changed the Auto Industry
The company’s chief executive, Elon Musk, said this week that it would stop making the car, an electric pioneer in 2012, as well as the Model X.
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Michael Saylor’s Creative Bitcoin Strategy Isn’t Working
Michael Saylor’s financial alchemy thrust an ordinary software company, Strategy, into the center of the crypto frenzy. It all worked spectacularly, until now.