Cody Campbell, an oilman, has spent millions paying students to play football at Texas Tech. Now he worries that people like him are ruining college sports.
Category: High Net Worth Individuals
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Control of Tesla Is at Stake in Vote on Elon Musk’s Pay Plan
Mr. Musk’s supporters say he may quit if shareholders don’t approve a trillion-dollar package. Some investors say it’s excessive and would give him too much sway.
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Are Wealth Taxes the Best Way to Tax the Ultra Rich?
Plans for a wealth tax, which is dividing France, have gotten popular around the world as inequality has widened and government debt has risen.
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Musk’s Trillion-Dollar Pitch
Despite a drop in Tesla profit, the billionaire exhorted investors to back his proposed compensation package, or face consequences.
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Wealthy Americans Are Spending. People With Less Are Struggling.
Data show a resilient economy. But that largely reflects spending by the rich, while others pull back amid high prices and a weakening labor market.
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Delta and United Are Leaving Other Airlines Behind
Delta Air Lines and United Airlines have accounted for most of the industry’s profits since 2022. Their appeal to wealthy travelers could become a liability if the economy weakens.
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Delaware’s Highest Court Considers Elon Musk’s Tesla Pay Plan
The justices on the state Supreme Court heard arguments in a long dispute about whether the Tesla chief executive’s compensation was fair to shareholders.
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Mamdani Seeks to Charm New York’s Most Powerful Capitalists
Key power brokers attacked Zohran Mamdani and raised millions for his leading opponent in the Democratic primary. Now many are talking to him behind the scenes.
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Inside the Closed-Door Meetings of the N.F.L.’s Billionaire Owners
Every three months, closed-door meetings of the billionaires who own N.F.L. teams become displays of status, beefs and sometimes Trump-induced headaches.
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With Amex’s Platinum Refresh, an Even More Exclusive Card Emerges
The card, which will cost $895 a year, leans even further into lifestyle and travel benefits that are attractive to younger generations.
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Howard Lutnick, the Pierre Hotel and Claims of a Secret Plan
Some residents of the Pierre claim that Howard Lutnick, who owns the penthouse, was part of a plot to sell off this symbol of Manhattan glamour and wealth.