Washington CNN — The Internal Revenue Service has collected $160 million in back taxes this year by cracking down on millionaires who
Tag: wealthy people
Mohamed Al-Fayed dead at 94
CNN — Mohamed Al-Fayed, the outspoken Egyptian tycoon who transformed the fortunes of two London institutions, the Harrods department store and Fulham
What ethics rules say about Clarence Thomas’ lavish lifestyle bankrolled by his friends
CNN — It’s undeniable that Justice Clarence Thomas’ friendships with billionaires willing to foot his bill on their vacations together have given
Children from wealthiest families more than twice as likely to attend elite universities, study finds
CNN — Children from families in the top 1% financially are more than twice as likely to attend an elite university than
LVMH owner Bernard Arnault reportedly visits China after luxury spending rebound
Hong Kong CNN — Bernard Arnault, chairman and CEO of LVMH, has reportedly arrived in China for his first visit to the
The ultra-wealthy have dangerous pastimes. Who pays when they need saving?
New York CNN — Throughout history, humans have proved incapable of resisting the allure of the Earth’s extremes — its tallest mountains,
Elon Musk and Mark Zuckerberg say they’re ready for a cage fight
London CNN — Business rivalry seemingly isn’t enough for two of the tech industry’s most powerful billionaires. Now Elon Musk and Mark
Big banks are bidding for troubled First Republic as FDIC deadline looms
New York CNN — Federal regulators are holding an auction for ailing regional bank First Republic, a person familiar with the matter
Gautam Adani fails to calm investors over market mayhem that wiped out billions
New Delhi CNN — Indian billionaire Gautam Adani tried to reassure investors on Thursday after he abruptly abandoned his flagship firm’s $2.5
Gautam Adani, Asia’s richest man, is addicted to ChatGPT
New Delhi CNN — Asia’s richest man Gautam Adani says he is addicted to ChatGPT, the powerful new AI tool that interacts
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