Tag: High Net Worth Individuals

How Twitter’s Board Went From Fighting Elon Musk to Accepting Him

Twitter’s board had reached the end of the road.It was April 24. Ten days earlier, Elon Musk, the…

Elon Musk Is a Typical Twitter User, Except for One Thing

Musk’s acquisition has been more than a little crazy-making on a platform where many users’ chief obsession is…

Jeffrey Epstein, a Rare Cello and an Enduring Mystery

At first Mr. DeRosa didn’t take Mr. Epstein’s command seriously. But Mr. Epstein kept calling, as did members…

They Are the Heirs of Nazi Fortunes, and They Aren’t Apologizing

In 2016, BMW’s charitable arm was consolidated under the name BMW Foundation Herbert Quandt. It is now a…

Biden to Include Minimum Tax on Billionaires in Budget Proposal

WASHINGTON — The White House will ask Congress on Monday to pass a new minimum tax on billionaires…

How Roman Abramovich Used Shell Companies and Wall Street Ties to Invest in the U.S.

In July 2012, a shell company registered in the British Virgin Islands wired $20 million to an investment…

U.K. vs. Oligarchs: ‘The Gloves Are Now Off’

In a report in December on corrupt money in Britain, Chatham House, a research institute on foreign affairs,…

How Roman Abramovich, a Russian Oligarch, Found Himself Under Sanctions

As Russian troops massed near the border with Ukraine last month, the American ambassador to Israel received an…

A 459-Foot Mystery in a Tuscan Port: Is It a Russian’s Superyacht?

One trade website, which bills itself as “the global authority in superyachting,” claims that the vessel’s owner is…

Billionaires Battle Over a Hotel and Quality of Life on St. Barts

The Dupré companies started the projects as the island was dealing with new concerns about sustainability. A 2016…

U.K. Moves to Tighten Laws on Oligarchs. Critics Say It’s Too Late.

LONDON — Eighteen months ago, Evgeny Lebedev was ushered into the clubby inner circle of aristocratic Britain: the…

They Made Millions on Luna, Solana and Polygon: Crypto’s Boom Beyond Bitcoin

Brenda Gentry, 46, a cryptocurrency speculator from San Antonio, said she started buying Bitcoin in 2020 before switching…