wealth
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Bill Gates isn’t thrilled about the prospect of an Elizabeth Warren presidency. While speaking at the New York Times Dealbook Conference on Wednesday, the Microsoft co-founder expressed concerns over the Massachusetts senator’s signature wealth tax. Gates told reporter Andrew Ross Sorkin he was open to raising taxes and was willing to pay tens of billions of dollars; but he has his limits. […]
Never underestimate the ability of rich people to find a new scam. With a new spotlight on the outright bribery that brought down people like Lori Loughlin, wealthy parents have found a new way to game the college admissions system for their kids. The Education Department is investigating the practice of rich families transferring guardianship […]
There’s been another development in the Kardashianverse, and—as is standard issue at this point—there’s also a great deal of subsequent criticism to speak of. Kim Kardashian, per the Los Angeles Times, has Kimono and related variants (Kimono Body, Kimono Intimates, Kimono World) among an assortment of filed trademarks still awaiting review. Tuesday, she announced the launch of […]
We’ve become used to quietly terrible billionaires, the type who use their wealth to reshape laws and practices to their benefit and use their gravity-shifting hoarding of resources to make the world slightly/greatly worse. But the type of barons who inspired works like The World’s Most Dangerous Game are still out there. Take the anonymous rich guy who is […]
The numbers involved at the top end of the music industry are always surprising. Even one-hit wonders can rake in millions of dollars on a single hit, and while that’s less true in the age of streaming, the worth of certain people can still be staggering. Take, for example, Mac Miller. The late rapper didn’t […]
Drake has asked that a judge ban any evidence of his wealth from an upcoming trial between himself, a music publishing company called Hebrew Hustle, and the estate of jazz musician Jimmy Smith. In 2014, Hebrew Hustle and Smith’s estate sued Drake for allegedly sampling a Smith song on the track “Pound Cake/Paris Morton Music […]