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Here's how much money America's 10 wealthiest people would have if the US had...
The wealthiest people in America would be substantially less rich if the United States had a wealth tax, a new study published by the Brookings Papers on Economic Activity shows.If a moderate wealth...
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Wealth tax explainer: Why Bernie Sanders, Elizabeth Warren and billionaires...
A wealth tax like the one proposed by presidential candidate Sen. Elizabeth Warren would make ultra-wealthy Americans pay the federal government a small percentage of their net worth each year.Sen....
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Fox's revenue and employee headcount shrank after the Disney sale — but...
Fox Corp. CEO Lachlan Murdoch— Rupert Murdoch's billionaire heir — is still being paid the same $20 million he was to lead the much larger 21st Century Fox before the sale to Disney, a review of...
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Fiji Water billionaires Stewart and Lynda Resnick just gifted $750 million to...
Philanthropists and entrepreneurs Stewart and Lynda Resnick have pledged $750 million to Caltech.The donation is the largest ever to support research into environmental sustainability.Resnick is the...
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Rupert Murdoch's daughter-in-law bucks the family's conservative reputation,...
Kathryn Murdoch, the daughter-in-law of international media tycoon Rupert Murdoch, publicly contradicted the family's conservative stance on climate change in an interview with The New York Times' John...
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Forever 21 just filed for bankruptcy — and the husband and wife duo who...
Forever 21 cofounders Jin Sook and Do Won Chang are no longer billionaires, according to Forbes estimates.The fast-fashion retailer filed for bankruptcy on September 29 after a failed attempt to...
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A Chinese billionaire cut the price of his Beverly Hills mansion and relisted...
Chinese businessman Chanchai Ruayrungruang has cut the price of his Beverly Hills home to $22.5 million.Back in April, he listed the home for $24.95 million, the Los Angeles Times' Jack Flemming...
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The top 10 countries with the most ultra-wealthy people, ranked
Ten countries account for 72% of the world's ultra-wealthy population, according to Wealth-X's 2019 World Ultra Wealth Report.The report defines the world's ultra-wealthy population as those with $30...
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The billionaire cofounder of Shopify says he intentionally slowed the...
Tobias Lütke, the billionaire CEO of e-commerce platform Shopify, experienced high highs and low lows during the company's early days, he said on an August episode of NPR's "How I Built This with Guy...
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Luck vs. skill: The founders behind major businesses like Bumble, Shopify,...
Many entrepreneurs agree that it takes a combination of skill and luck to build a billion-dollar business.Squarespace CEO Anthony Casalena said he thinks that "anyone who possibly claims that they...
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François Pinault just gave $109 million to help rebuild the Notre-Dame. Meet...
The Pinault family finalized its $109 million gift to help rebuild Notre-Dame on October 1, nearly six months after the cathedral caught fire, according to the Associated Press.François Pinault is the...
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The 5 richest men in the US have a staggering combined wealth of $435.4...
The five richest men in the US are worth a combined $435.4 billion, according to the Forbes 400 of 2019.Amazon CEO Jeff Bezos, the richest man in the world, is worth $114 billion.He's followed by Bill...
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Meet the 15 youngest, richest American billionaires
Forbes released its 2019 edition of the Forbes 400 list, which ranks the richest billionaires in America.In order to make the Forbes list, individuals had to have a minimum net worth of $2.1...
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Melinda Gates just promised to put $1 billion towards gender equality over...
Melinda Gates plans to spend $1 billion over the next decade in hopes of reducing gender inequality, the philanthropist and investor announced in an essay she wrote for Time.In the essay, published...
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The richest American 37 years ago wouldn't even make it onto the Forbes...
Forbes released its 2019 edition of the Forbes 400 list, which ranks the richest billionaires in America.Individuals must have a minimum net worth of $2.1 billion to make the list.When Forbes published...
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The 15 richest women in America, ranked
Forbes released its 2019 edition of the Forbes 400 list, which ranks the wealthiest people in America. Individuals need a minimum net worth of $2.1 billion to make the list.Many of the women on the...
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Conservative megadonor Ken Langone, the billionaire financier behind Home...
Billionaire financier Ken Langone, who played a crucial role in funding Home Depot's meteoric rise, blasted Sen. Bernie Sanders on Thursday.Langone told Business Insider that he won't apologize "for...
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'On some level, no one deserves to have that much money,' billionaire...
In a rare move toward transparency, Facebook livestreamed its employee Q&A session on Thursday evening.It covered a wide range of topics, but one particularly interesting question concerned Sen....
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The richest man in Hong Kong just pledged $127 million to help small, local...
Li Ka-shing, the richest man in Hong Kong, has pledged to donate HK$1 billion ($127 million) to help local businesses suffering after months of mass protests caused an economic meltdown, his charitable...
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13 billionaires who dropped out of college before making their fortunes
Approximately 1 in 8 billionaires on the 2018 ranking of the Forbes 400 wealthiest people in America was a college dropout, Business Insider previously reported.Some of the wealthiest people in the...
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