Tech industry investors spent roughly $900 million buying land to build a dream city in a rural part of the Bay Area. It could be years, though, before they can do anything with it.
Category: High Net Worth Individuals
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Mike Moritz, Reid Hoffman and Other Silicon Valley Titans Said to Be Behind Mysterious Land Deals
A mysterious company has spent $800 million in an effort to buy thousands of acres of San Francisco Bay Area land. The people behind the deals are said to be a who’s who of the tech industry.
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Looks From a Hamptons Dinner Party With Clinton Aide Huma Abedin
Ms. Abedin, the longtime political aide, co-hosted a dinner, and the West Texas art and performance space drew supporters to a fund-raiser.
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What Is It About Montecito?
Trying to understand the allure of a place that’s home to Oprah, the self-exiled royals, a celebrity juicer, Katy Perry’s dad — and the New American Dream.
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Leon Black Is Pressed on Jeffrey Epstein Fees by Senate Committee
The billionaire investor paid Jeffrey Epstein $158 million for tax and estate planning services. Lawmakers want to know if the fees should have been taxed as a gift.
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‘Quiet Luxury’ Becomes a Flex for the Ultrarich
In the world of the ultrawealthy, luxury is only quiet if you don’t know what to listen for.
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Air Taxis, Hyped for Years, May Finally Arrive by 2028
Federal regulators released a plan that would allow a new generation of small aircraft to transport people short distances.
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David Gilmour, Who Turned a Tiny Island Into a Resort, Dies at 91
An entrepreneur for more than 50 years, he built a luxurious club in Fiji and started a bottled water company, now the second-largest imported water brand in the United States.