Billionaires enjoyed an incredible performance in 2020 and 2021, adding nearly $2 trillion to their collective wealth during the COVID-19 pandemic. But the richest people on the planet are now hemorrhaging as the stock market plunges and central banks tighten monetary policy. Elon Musk, Jeff Bezos, Mark Zuckerberg, and Larry Page are among the top…
Plagiarizing The Billionaires: How to Invest Your Way Around Inflation
Commentary “The finance gerontocracy that runs the country through whatever silly virtue-signaling-slash-hate-factory term like ESG [environmental, social, and governance] they have versus what I would call—what we have to think of as a revolutionary youth movement…. When they choose not to allocate to Bitcoin, that is a deeply political choice, and we need to be…
White House Announces New Minimum Tax on Billionaires
WASHINGTON—President Joe Biden will announce a new minimum tax targeting billionaires as part of his 2023 fiscal year budget on Monday, according to the White House. The Biden administration announced the proposal on Sunday in a fact sheet ahead of the budget release, stating that the president’s plan “rewards work, not wealth.” “President Biden’s Billionaire…
White House to Propose New Minimum Tax on Billionaires
WASHINGTON—President Joe Biden will announce a new minimum tax targeting billionaires as part of his 2023 fiscal year budget on Monday, according to the White House. The Biden administration announced the proposal on Saturday in a fact sheet ahead of the budget release, stating that the president’s plan “rewards work, not wealth.” “President Biden’s Billionaire…
A Billion Questions About the Billionaires’ Tax
Commentary “According to reports, Republicans are still furiously debating changes to their bill. And no one knows when they will put the bill on the floor. A bill like this deserves weeks of debate on the floor,” said Sen. Chuck Schumer (D-N.Y.) in November 2017. With respect to whatever is decided behind closed doors in…
Combined Fortune of World’s Wealthiest Families Increased 22 Percent in the Last Year
By Entrepreneur Staff Right now, Jeff Bezos, Elon Musk, and Bernard Arnault dominate the ranking of the world’s great billionaires. However, if we talk about entire families, the list changes completely. As reported by Bloomberg, the combined fortune of the 25 richest families of the world increased 22 percent last year and the new list is…
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