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CALIFORNIA BILLIONAIRES TAX
Reflecting Pool vs. the state of the economy: Trump and Democrats clash in closing messagesDemocrats and Republicans made their final pitches to voters ahead of Tuesday's US midterm elections, with Democrats focusing on rising liv...
US midterm election 2026: Big setback for Donald Trump, what to expect in California on polling Day?US midterm election 2026: California voters will elect a new governor on November 3 and decide a handful of House races that could swing th...
US midterms: Two Indian-origin face-offs to watch, and why they matterUS Midterm election 2026: Two US House races in the 2026 midterms feature Indian-origin candidates competing against each other, with Ro Kh...
Meta eyes record $95 billion equity raise to fund AI expansionThe Facebook parent has launched public offerings worth about $35 billion in common and preferred stock, and said it also plans to launch a...
Meta to create non-voting shares to fund AI expansion, retain Zuckerberg’s controlMeta Platforms plans to introduce publicly traded non-voting Class C shares to fund AI investments, acquisitions and employee compensation ...
Explained: Why is Meta creating a new class of non-voting shares amid its AI growth?Meta plans to create a new class of publicly traded non-voting stock, known as Class C shares, and distribute one Class C share for each ex...
Mark Zuckerberg, worth $240 billion, threatens to leave California over 5% billionaire tax as Meta creates new Class C shares to keep him in stateMark Zuckerberg has threatened to leave California if the state introduces a proposed 5% billionaire wealth tax. In response, Meta has appr...
Ethan Klein’s $9 million Bel Air mansion, 7,500-Sq-Ft luxury estate in spotlight as one of YouTube’s richest stars faces cheating allegationsEthan Klein, one of YouTube’s richest stars with an estimated net worth of $25 million, is facing cheating allegations from his wife, Hila ...
Mark Zuckerberg makes deal with Meta to help him pay billionaire tax if it passesMark Zuckerberg has made a deal to manage potential tax liabilities from a proposed wealth tax in California. The tax would impose a one-ti...
Meta beats expectations but legal penalties hit profit amid AI raceMeta beat investor expectations for third-quarter revenue on Wednesday as it doubles down on a global AI race but the social media giant's ...
Meta strikes deal to keep Mark Zuckerberg in California after wealth tax concernsBy Carlos Me- Meta Platforms has struck a deal with Mark Zuckerberg to keep him living in California after the CEO warned he was considerin...
Tech billionaire Peter Thiel bought Bel Air mansion Casa Encantada in Los Angeles for $130 millionPeter Thiel has been revealed as the purchaser of the mansion Casa Encantada, a Bel-Air property which sold for $130 million at a foreclosu...
Who is Tom Steyer? The billionaire who spent $216 million but failed to advance in California’s Governor’s raceBillionaire investor Tom Steyer spent approximately $216 million of his personal fortune on California’s 2026 governor’s race but failed to...
Google cofounder Sergey Brin bets $102 million to dodge a $13 billion tax bill as California billionaires head for the exitSergey Brin has committed $102 million against a proposed one-time tax on California billionaires. This tax could potentially cost him arou...
The only billionaires making money this year are in techThe roughly 100 technology fortunes among the world’s 500 richest people gained a combined $845 billion through Sept. 30, the most ever for...
Google cofounder Sergey Brin has spent over $100M to oppose California's billionaire tax. Here's how much he could lose if the proposal is passedBrin has contributed over $100 million to oppose California's proposed wealth tax on billionaires. Proposition 40 would impose a one-time 5...
Billionaires abound in California. Why not tax their wealth?No state may be a more natural fit for a tax on billionaires than California. The state leans left politically, needs funds for healthcare ...