The legislation cuts in half a tax write-off potentially worth hundreds of millions to some professional sports team owners.
Category: High Net Worth Individuals
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Who won a seat at Trump’s crypto Dinner?
The New York Times reviewed a guest list and social media posts to identify who was invited to President Trump’s private event for customers of his cryptocurrency business on Thursday and a White House tour on Friday. Here are some of them.
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Republicans Harness Tax Code to Punish Trump’s Political Nemeses
Immigrants and wealthy universities, as well as foreign companies, would see higher taxes under the House-passed bill.
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Without a Prenup, David Geffen’s Divorce Could Get Interesting
The billionaire’s marriage to David Armstrong ended with the familiar “irreconcilable differences.” Is Mr. Geffen’s fortune in jeopardy?
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Laurene Powell Jobs Cuts 10% of Jobs at Emerson Collective
Ms. Powell Jobs has privately said her philanthropy needed to practice more austerity, according to people who heard her remarks.
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Gulf Deal-Making Spree Also Benefited Elon Musk and His Family
The world’s richest man inked new deals as he tagged along on Trump’s tour of the Gulf.
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Money Talks (and Listens) at Saudi Investment Forum Attended by Trump
The wealthy and the powerful gathered in Saudi Arabia with the goal of becoming even more so. “They’re going to walk away with a lot of checks,” President Trump said.
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Highlights of Warren Buffett’s Life
Mr. Buffett, 94, was crowned the “Oracle of Omaha” because of smart investments he made as the chief executive of Berkshire Hathaway. He also made some mistakes.
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The Trump Billionaires Who Run the Economy and the Things They Say
“You have to laugh to keep from crying,” one Republican pollster said about recent comments by the billionaires on the stock market, retirement funds and Social Security.