Anyone who lives in California as of January 1, 2026 would be subject to the proposed tax, and the math works like this: If ...

There’s a proposal making the rounds in California to levy a 5 percent wealth tax on anyone worth more than $1 billion. The proposal isn’t guaranteed to make it to the ballot next year. Just like when ...

From Michael Douglas' daughter Carys to Gwyneth Paltrow's girl Apple, Hollywood nepo babies are recycling their parents' ...

The year 2025 marked a turning point in global wealth creation, with billionaires increasing in number, influence and reach at a ...

Bill Ackman warned that California is driving itself toward economic decline amid a proposed billionaire wealth tax prompts.

It’s uncertain whether the proposal will reach the statewide ballot in November, but some billionaires like Peter Thiel and ...

Elon Musk’s net worth increased by nearly 50% to $645bn with founders of Google and Amazon also seeing huge wealth gains ...

According to Forbes, most of the new AI billionaires are either founders or senior executives of SaaS companies, foundation model firms, or businesses focused on replacing ...

Jeff Beck and Jimmy Page had been close friends ever since they met in their teens. It was Page who recommended Beck as Eric ...

The staggering total, up from $1.9 trillion at the start of the year, reflects Wall Street’s all-in bet on artificial ...

More than 50 individuals involved in the AI sector became billionaires this year, Forbes reported on Thursday. Many of those people are entrepreneurs involved in startups, such as the seven ...