The Titan submersible tragedy spotlights the issues around rescue operations and government oversight as an increasing number of wealthy thrill seekers undertake risky adventures and expeditions.
Category: High Net Worth Individuals
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Netanyahu Trial Gets a Hollywood Mention From a Political Rival
Yair Lapid, a former colleague and now nemesis of Prime Minister Benjamin Netanyahu, testified that he had been asked to help a wealthy film producer with a tax break.
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Founders of Three Arrows, Failed Crypto Fund, Are Living Large
The implosion of Three Arrows Capital, a cryptocurrency hedge fund, devastated the industry. Its two founders spent the next year surfing, meditating and traveling the world.
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Companies Push Prices Higher, Protecting Profits but Adding to Inflation
Corporate profits have been bolstered by higher prices even as some of the costs of doing business have fallen in recent months.
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$49.5 Billion in U.S. Treasury? For These Billionaires, That’s Nothing
The cash balance at the Treasury Department is now lower than the net worth of some of the world’s richest people.
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After Nearly Collapsing, Indian Billionaire’s Stock Is Back on the Rise
Investors have again rushed into the conglomerate controlled by Gautam Adani after a panel signaled that the investigation into the company’s finances was getting nowhere.
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Building Boom on Mykonos Reveals ‘Wretched’ Side of Greece’s Recovery
Investors are eager to cash in on soaring demand for luxury properties, but an attack on an archaeologist investigating building violations brought a darker underbelly to light.
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Jeff Bezos’ New Yacht, Koru, Is Finally Ready to Set Sail
Amazon’s founder has been spotted on Koru, a massive schooner with a design that evokes the golden age of sailing in the early 20th century.
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The Greatest Wealth Transfer in History Is Here, With Familiar (Rich) Winners
In an era of surging home and stock values, U.S. family wealth has soared. The trillions of dollars going to heirs will largely reinforce inequality.