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CALIFORNIA WEALTH TAX
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...
- Jio IPO’s GMP rises to 22% as India’s largest ever issue set to open on October 21. Should you subscribe?The IPO is priced at Rs 1,065-1,119 per share and will open on October 21, closing on October 23. At the upper end of the price band, the g...
- Stocks in news: Reliance Industries, Jio Financial, Tata Tech, HDB Financial and WiproIndian equity benchmarks ended lower after a volatile session influenced by strong wholesale inflation and elevated crude oil prices. The N...
- 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...
- In 2013, Lakers coach Mike D’Antoni bought an ocean-view California home for $6.9 million; two years later, he sold it for $9.5 millionMike D'Antoni, the former Los Angeles Lakers coach, bought a home in Manhattan Beach for $6.9 million. He sold this property two years late...
- 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...
- How much money is considered rich in America? $2.3 million may be the benchmark, but where you live changes everythingThere is no number that suddenly makes a person rich. Still, Americans have a figure in mind. A 2025 Charles Schwab survey found that peopl...
- Democrats to probe lucrative Trump family business deals if they win midterms* Majority in House or Senate would give Democrats subpoena power and funds for expanded investigative staff * Trump-linked crypto firms an...
- Sen. Bernie Sanders unveils bill to ban artificial superintelligence and create Department of AISenators Bernie Sanders and Greg Casar have put forward pivotal legislation aimed at banning superintelligent AI and controlling advanced A...
- 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 ...
- The Year of Freak: How an Elon Musk’s SpaceX employee’s big bet on company stock became a $25,000-a-month adventure across Europe and beyond for a yearBrian Aggrey and Phoebe Novack are enjoying a year of travel and creative pursuits. They are spending $25,000 monthly on experiences and pe...
- In Silicon Valley, AI data center boom meets local resistanceIn Silicon Valley's biggest city, residents and environmental groups are organizing against a wave of proposed data center projects that of...
- In the 1970s, Arnold Schwarzenegger made his first millions in real estate, before Hollywood turned him into an action starIn the 1970s, Arnold Schwarzenegger made his first millions in real estate, before Hollywood turned him into an action star. The actor and ...
- Ellen DeGeneres has generated roughly $200 million from buying and selling 50 luxury homes in two decades; her biggest deal produced a $26 million gainEllen DeGeneres and Portia de Rossi have strategically amassed considerable wealth, primarily through their impressive real estate ventures...
- US billionaire Mark Cuban, worth more than $10 billion, has a bold plan to tackle wealth inequality. Shark Tank star wants companies to do...Mark Cuban, who is reportedly worth more than $10 billion, has proposed a new way to tackle wealth inequality: companies should either give...
- Jensen Huang would owe $8 billion under new billionaire tax, and he’s perfectly fine with itJensen Huang billionaire wealth tax California: Nvidia CEO Jensen Huang expressed indifference to a proposed California wealth tax that cou...
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