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WEALTH TAX ON BILLIONAIRES
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...
- LeBron James invested $6.5 million in Liverpool FC in 2011. Fifteen years later, that stake is reportedly worth $96 millionLeBron James, known for his incredible prowess on the basketball court, has also carved a niche for himself as a savvy entrepreneur and inv...
- 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 ...
- India's middle-income trap has a problem money may fixEconomist Thomas Piketty says India can escape the middle-income trap through massive investment in education, healthcare and infrastructur...
- 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...
- Coinbase CEO Brian Armstrong, one of crypto’s richest leaders, has a $9 billion net worth, but he says he won’t create a charity foundation: "I'm not going to do that"Coinbase CEO Brian Armstrong, one of crypto’s richest leaders, has a massive net worth of $9 billion but he has taken a different approach ...
- Warren Buffett turns 96: Top 10 investing lessons from the Oracle of OmahaAs Warren Buffett turns 96 in his first birthday since stepping down as Berkshire Hathaway's CEO, the piece revisits the investing principl...
- 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...
- India’s family offices prepare for $1.5 trillion wealth transferIndia anticipates a significant intergenerational wealth transfer exceeding one trillion dollars. Family wealth is becoming more institutio...
- Trump dwarfs his predecessors in the number of ultra-rich in his second White House, report showsDonald Trump appointed significantly more millionaires to his administration than prior presidents. Fifty-seven officials in his government...
- Inside Jeff Bezos and Mark Zuckerberg's 'Billionaire Bunker' in Miami's Indian Creek IslandIndian Creek Island, known as the "Billionaire Bunker," offers extreme privacy for the wealthy. This exclusive enclave features limited hom...
- India's growing Rs 100 crore club tells a bigger tax storyMore than five hundred taxpayers disclosed incomes exceeding one hundred crore rupees for the current fiscal year. This growth reflects ris...
- Number of billionaires grows 4-fold in five years to 576 in AY'26: Income tax return dataFive hundred seventy-six individuals reported over Rs 100 crore income in 2025-26. This figure shows a fourfold increase from the previous ...
- 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...
- IMF's Gita Gopinath supports ‘progressive taxation’, flags wealth tax complexitiesIn an interview with TOI, IMF's first deputy managing director Gita Gopinath expressed support for a progressive tax structure. She emphasi...
- Tax the billionaires, Congress isn't alone in its demand amid a 'rare political opportunity'Congress has queried Prime Minister Narendra Modi's stance on "billionaire tax", particularly as it approaches discussion at the upcoming G...
- Congress pitches for 'billionaire tax'The Congress party questioned Prime Minister Narendra Modi's position on a proposed 2% wealth tax on billionaires, a topic to be discussed ...
- As Davos opens, Oxfam urges 'billionaire busting' policiesThe aid group made its plea as the Swiss Alpine village hosts political leaders, CEOs and celebrities for the week-long World Economic Foru...
- Oxfam calls for wealth tax on billionairesSpeaking at a session on gender parity during the World Economic Forum Annual Meeting 2022 here, Oxfam International Executive Director Gab...
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