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Elon Musk's 2022 Wealth Loss Exceeds $100 Billion For First Time

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Musk, 51, has been preoccupied with Twitter, the floundering social-media network he acquired last month for $44 billion.

Billionaire Investor Carl Icahn Is Betting Against GameStop Shares

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Icahn began shorting GameStop during the height of the meme-stock frenzy around January 2021.

It Was A Brutal Election Year For Self-Funding Candidates

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Mehmet Oz poured $23 million into his Senate campaign. Democrat Trudy Busch Valentine spent $10.4 million.

These 10 Artworks Total $958 Million In Unprecedented November Sales

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People are still buying art, but fewer seem to want art than in the past.

How Fidelity Investments Built America's Biggest Charity

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Donor-advised funds now often come highly recommended by charitable giving experts because they convey an ability to "bunch" donations.

The Battle Between Tax Cheats And The IRS Is About To Heat Up

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The Biden administration could use $104.5 million earmarked for the Treasury's Office of Tax Policy to hire legal staff to write new regulations.

WEG Acquires Calif. RIA BTR With $1B AUM

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WEG oversees more than $55.2 billion in total client assets.

The Waltons: World's Richest Family Trims Exposure To Emerging Markets

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Emerging markets have been pummeled this year, with the MSCI Emerging Markets Index down 24% since Dec. 31.

Bankman-Fried Courted Legislators And Regulators. Now, They're Shunning Him

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All of the FTX co-founders supporters seem to have evaporated in the wake of his firm's bankruptcy.

How Elon Musk Scored A $55 Billion Pay Package That's Now Under Fire

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A lawsuit challenging the Tesla board of directors over the compensation package goes to trial this week.

Chrysler Building Tycoon's Wife Gets £37.5 Million Divorce Award

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Alvina Collardeau-Fuchs is the estranged wife of Michael Fuchs, co-owner of Manhattan's Chrysler Building.

Jeff Bezos Plans To Give Most Of His Fortune To Charity

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He wants to devote money to fighting climate change and to those seeking to unify people in polarized times.

The Richest Art Auction Season In History Continues This Week

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Sotheby's, Christie's and Phillips are set to auction roughly 2,000 lots for as much as $1.9 billion.

Sam Bankman-Fried Fooled The Crypto World And Maybe Even Himself

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It's been one of the most harrowing weeks in the young, freewheeling crypto world.

A Palm Beach Private Island And Set Of Homes Are Up For Sale For $353 Million

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Todd Michael Glaser and his partners are seeking to sell a man-made private island with a renovated mansion.

Tax-The-Rich Measures Pass In Massachusetts, Fail In California

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Massachusetts voted to raise millionaires' taxes. Californians dumped a climate-linked tax.

Russia-Born Revolut Billionaire Gives Up His Citizenship

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His opposition to the war in Ukraine is the likely reason.

Foundations Set Up By The Rich Are Increasingly Using Charity Loophole

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DAFs allow donors to get an upfront tax break and then are used to administer grants.

Billionaire Dan Och Slammed By Hedge Fund For 'Mismanagement'

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A court filing claims Och mishandled a 2016 African bribery scandal involving the firm.

Wealthy Californians Face A Tax-The-Rich Onslaught At Ballot Box

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The state has already been losing thousands of people every month to lower-cost locales.

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