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On Monday, several Democrats, headlined by Senators Elizabeth Warren, as well as reps Pramila Jayapal (Washington) and Brendan Boyle (Pennsylvania), and co-sponsored by Bernie Sanders, proposed a new tax that would take 3 percent annually on wealth that surpasses $1 billion, in addition to a 2 percent tax of households and trusts with wealth valued between $50 million and […]

According to Forbes, Tyler Perry is officially a billionaire. The details of his success are written about in a long-form article entitled From “Poor As Hell” to Billionaire: How Tyler Perry Changed Show Business Forever. If you don’t have the time, the name of that write-up should be enough to support our opening sentence.  For those who […]

According to Bloomberg (the news agency) Bloomberg (the mayor turned brief presidential candidate) spent more than $1 billion to fund his momentary attempt at becoming the 2020 nominee for the Democrats. This revelation is not the first one to point out how much money the former NYC mayor just threw away on a completely doomed […]

If you’re stuck in a dead end job but you have a “bright personality” and also know how to suck up to the rich, this could be your big moment. We say that because Yusaku Maezawa, the Japanese billionaire entrepreneur pictured above, has unveiled a campaign in which he’ll select a “female partner” to take on […]

Apple has announced it will take a big step in helping combat the housing crisis in California. The tech giant revealed a $2.5 billion plan to help ease the housing and affordability crisis in the state, a problem that many believe it helped cause by drawing more workers to California. With the increasing number of […]

A new report on Donald Trump‘s finances from the New York Times proves what anyone who has been paying attention already knows: the president was not the shrewd businessman he paints himself as.  After sourcing and corroborating tax returns from 1984-1994, the Times reports that Trump lost $1.17 billion dollars among his core businesses in […]