Category: High Net Worth Individuals

Trump’s Tax Audit Shows Depths of IRS Funding Woes

The agency lacks the resources to go after rich taxpayers. For years, a single revenue agent was responsible for the audits of Donald J. Trump.
‘Major Trustee, Please Prioritize’: How NYU’s E.R. Favors the Rich

Dozens of doctors said the nonprofit hospital pressured them to give preferential treatment to donors, trustees and their families.
Musk Asks Twitter Users If He Should Step Down After Fury Over His Policies

Fury mounted over Mr. Musk’s moves to prevent Twitter users from sharing links to other social media platforms. The billionaire also asked whether he should remain as head of the service.
Twitter Suspends Over 25 Accounts That Track Billionaires’ Private Planes

The suspended accounts include one that followed the private plane of Elon Musk, Twitter’s owner.
Twitter Suspends Over 25 Accounts That Track Billionaires’ Private Planes

The suspended accounts include one that followed the private plane of Elon Musk, Twitter’s owner.
Sam Bankman-Fried and Schlubby Style

Sam Bankman-Fried’s choices may signal an end to the schlubby mystique.
Sam Bankman-Fried Interview: Read the Transcript

In a discussion with Andrew Ross Sorkin of The New York Times, Sam Bankman-Fried blamed “huge management failures” and sloppy accounting for the collapse of the FTX cryptocurrency exchange.
Epstein Estate Agrees to Pay U.S. Virgin Islands More Than $105 Million

The estate of the disgraced financier Jeffrey Epstein will repay tax benefits and half the proceeds from the sale of an island he owned.
Manchester United Owners Consider Sale of Storied Club

The Glazer family has hired advisers to weigh its options for the multibillion-dollar soccer club, which it has owned since 2005.
Jean Arnault Debuts New Louis Vuitton Watch Prize

Jean Arnault, the 24-year-old son of the luxury goods titan Bernard Arnault, is introducing a new watchmaking prize from Louis Vuitton.
Elon Musk Heads to Court to Defend His Billions in Tesla Pay

A shareholder is asking the court to void a 2018 compensation package that has paid the chief executive nearly $50 billion.
FTX’s In-House Performance Coach Is Just as Surprised as You Are

George K. Lerner, a psychiatrist who has worked at the collapsed crypto exchange FTX since last year, said he had no knowledge of wrongdoing at the firm.