Sophie Alexander

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Wall Street Heavyweights Are Sounding Alarm About Stocks

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David Tepper and Stan Druckenmiller believe that U.S. stocks are vastly overvalued.

Social Distancing Shows Signs Of Reining In Virus On West Coast

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The gains are hard-won yet precarious, says one health official.

Problem-Solving Billionaires Can't Solve Every American Problem

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The bulk of philanthropic funding usually comes in the first few weeks following a hurricane or other large disaster.

Beverly Hills Eclipsed By Calabasas As Home For Rich And Famous

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These days, the Clampetts of the "Beverly Hillbillies" TV show might pick a different destination.

Rout Lops $139 Billion From World’s Top Fortunes, Led By Arnault

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It's the biggest drop since Bloomberg began tracking the fortunes of the world's wealthy.

In America’s Richest Town, $500k A Year Is Now Below Average

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Atherton, Calif., tops Bloomberg’s Richest Places annual index for the fourth straight year.

Jeff Bezos Sets Record With $165 Million Beverly Hills Home Purchase

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The Amazon.com founder agreed to buy a Beverly Hills mansion on nine acres.

Ultra-Wealthy Donors Place Low Priority On Environmental Causes

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Many in control of mega-fortunes aren’t putting a high priority on saving the environment through their donations.

The Millionaires Who Actually Want To Pay More In Taxes

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They call themselves Patriotic Millionaires, and they say it’s time for the ultra-rich to kick in more to Uncle Sam.

What Taco Bell’s $100,000 Salary Offer Says About U.S. Jobs

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A tight labor market is jacking up salaries in the food-service industry.

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