Mr. Epstein helped the billionaire Leon Black defer capital gains taxes from the swap. A Senate committee is scrutinizing some of Mr. Black’s art deals as it looks into tax avoidance schemes.
Category: High Net Worth Individuals
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Two Penthouses, and Their Terraces, Led the Market in September
At one building on the Upper East Side, two sprawling apartments sold at prices just above and below $30 million.
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New York Is Rebounding for the Rich. Nearly Everyone Else Is Struggling.
The huge income gap between rich and poor in Manhattan is the latest sign that the economic recovery from the pandemic has been lopsided in New York City.
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Want to Spur Green Energy in Wyoming? Aim for the Billionaires.
One man’s quest to lure climate investment from the wealthy enclave of Jackson underscores how the climate law works: It runs on rich people.
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Want to Spur Green Energy in Wyoming? Aim for the Billionaires.
One man’s quest to lure climate investment from the wealthy enclave of Jackson underscores how the climate law works: It runs on rich people.
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LVMH’s Bernard Arnault Is the King of Luxury, but Who Is Next to the Throne?
With brands like Tiffany, Dom Pérignon and Louis Vuitton, LVMH turned him into one of the world’s richest men. But with five children, he has a hard decision to make.
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I.R.S. Deploys Artificial Intelligence to Target Rich Partnerships
The tax agency is opening examinations into large hedge funds, private equity groups, real estate investors and law firms.
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The Latest Fad in the Hamptons: Pottery Wheels
Hamptonites can’t get enough of pottery wheels in their backyards. One ceramist is bringing the messy, yet soothing, hobby into the homes of the moneyed elite.
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How the Dream of Building a California City From Scratch Got Started
A former Goldman Sachs trader moved to the Bay Area to make it in tech. He ended up buying rural land with money from some of Silicon Valley’s wealthiest people.