What proposed billionaire tax could cost the world’s richest people
The Golden State’s billionaires might have to hand over anywhere from $50 million to $13 billion apiece, depending on their individual net worths.
The Golden State’s billionaires might have to hand over anywhere from $50 million to $13 billion apiece, depending on their individual net worths.
America’s top philanthropists: From Warren Buffett and Bill Gates to newcomer Reed Hastings of Netflix, the most generous people in the country have doled out billions.
As of January 1, the 10 richest people on the planet are worth nearly $1.47 trillion—$30 billion more than a month earlier. And Facebook founder Mark Zuckerberg has overtaken Bill Gates to become the world’s fifth richest person.
As of October 1, the ranks of the wealthiest people on the planet include 9 self-made Americans and a French luxury goods tycoon.
Falling stocks, wounded unicorns and rising interest rates translated into a down year for the world’s wealthiest people.
There’s a new No. 2 on Forbes’ ranking of the world’s wealthiest people.