Sergey Brin is joining his Google co-founder, Larry Page, in reducing ties to the state where they built their fortunes.
Category: High Net Worth Individuals
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Bill Gates Makes a Multibillion-Dollar Divorce Payout
The billionaire and philanthropist has made a nearly $8 billion payment to the private foundation of his ex-wife, Melinda French Gates, new tax filings show.
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New Car Sales Are Rising Thanks to Purchases by the Well-Off
A larger proportion of new cars are being bought by affluent Americans as prices and interest rates for auto loans climb, analysts said.
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The New Billionaires of the A.I. Boom
Just like past tech booms, the latest frenzy has produced a group of billionaires — at least on paper — from smaller start-ups.
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A Wealth Tax Floated in California Has Billionaires Thinking of Leaving
It’s uncertain whether the proposal will reach the statewide ballot in November, but some billionaires like Peter Thiel and Larry Page may be unwilling to take the risk.
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When Did Everything Become ‘K-Shaped’?
What started as a term to describe the pandemic recovery has become a catchall in these anxious economic times.
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A $600 Suckling Pig? Wagyu for All? On Menus, It’s a New Gilded Age
In Manhattan and across the country, restaurants are trotting out ever-pricier dishes and luxury upgrades to meet the demand from affluent diners.
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Sleep Cots and Graham Crackers at Elon Musk’s Child Care Program
Mr. Musk has ambitions to remake education, but his latest effort to open an elementary school in Texas appears to have faltered.
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Should You Donate to Charity This Year or Wait? It Depends.
Changes in the tax law will have different effects on people who take the standard deduction versus high earners who itemize.
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Questions About Larry Ellison’s Financing Pledge for Paramount’s Bid for Warner Bros.
The Oracle co-founder has pledged billions to finance Paramount’s takeover bid for Warner Bros. Discovery — which has questions about his commitment.
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What Michael Dell’s Blockbuster Donation Means for Philanthropy
Michael Dell and his wife, Susan Dell, plan to give away billions of dollars to fund investment accounts for children in the United States.