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Millionaires ask leaders at Davos to tax the rich

The Swiss resort town of Davos hosts the World Economic Forum each January, bringing together politicians, policymakers, and business executives. Christian Hartmann/Reuters Nearly 400 wealthy individu...

4dBusiness InsiderPoliticsImpact

John Lee calls Hong Kong’s CPPCC delegates a ‘steadfast patriotic force’

Hong Kong delegates to China’s top political advisory body are a “steadfast patriotic force” and make an important contribution to the city’s long-term prosperity and stability, Chief Executive John L...

4dSouth China Morning PostPoliticsImpact

Billionaires’ wealth hits record in 2025, Oxfam warns of political risks ahead of Davos

The world’s billionaires grew richer than ever in 2025, charity Oxfam said on Monday, warning of “highly dangerous” political consequences as elites gather at the World Economic Forum in Davos. It sai...

6dFrance 24PoliticsImpact

Billionaires' wealth hits new peak amid rising poverty, Oxfam says

Billionaire wealth surged at three times ‍its recent pace ​last year to reach its highest level on record, deepening economic and political divides that threaten democratic ⁠stability, anti-poverty gr...

6dFrance 24economicsImpact

AI Utopianism Masks Tech Billionaires’ Fear: Douglas Rushkoff

Economists and technologists say AI hype obscures displacement, infrastructure costs, and uneven gains....

Jan 17DecryptTechnologyImpact

Flatter Trump or fight him? Smart billionaires do both

Good relations with the US commander-in-chief are more than a nice-to-have...

2dFinancial TimesPoliticsImpact

Are Drake Maye's turnovers an issue for Patriots against the Broncos?

The Broncos' defense is the best in the league at getting to the quarterback. How will the Patriots respond?...

5dESPNSports

David Sacks calls California wealth tax 'an asset seizure,' says it's 'not a one-time, it's a first time'

AI czar David Sacks Alex Brandon/AP White House AI czar David Sacks criticized the possibility of a California wealth tax. If the tax is ultimately approved, he said it will be "the beginning of s...

3dBusiness InsiderPoliticsImpact

Galaxy Compares DeFi Provisions in Crypto Bill to Patriot Act Surveillance

Galaxy said that new Treasury authorities in a Senate draft could mark the largest surveillance expansion since 2001....

Jan 14Decryptcryptocurrency

‘I am just so tired of Trump’: Greenland on alert as US hovers

Anxiety and patriotism swirl as details of a ‘future deal’ touted by Donald Trump trickle out...

2dFinancial TimesPoliticsImpact

I'm a millionaire living in California. I'm happy to pay higher taxes since I have more wealth — it just makes sense.

Scott Ellis is a millionaire who supports higher taxes for the wealthy, including himself. Courtesy of Scott Ellis Scott Ellis is a Silicon Valley millionaire who supports California's proposed wealth...

4hBusiness InsiderPoliticsImpact

Our guide to every NFL divisional round game: Previews, bold predictions and X factors

Bills-Broncos? 49ers-Seahawks? Texans-Patriots? Rams-Bears? We have picks, predictions and stats to know for the divisional round games....

Jan 16ESPNSports

‘Sideshow’ concerns and billionaire dreams: What I learned from Elon Musk’s lawsuit against OpenAI

This is an excerpt of Sources by Alex Heath , a newsletter about AI and the tech industry, syndicated just for The Verge subscribers once a week. Elon Musk first sued OpenAI in February 2024. Despite ...

Jan 16The VergeTechnologyImpact

Galaxy warns Senate crypto bill gives US Treasury massive surveillance power

Galaxy says the draft crypto market structure bill would give the US Treasury new powers to freeze transactions and deploy Patriot Act–style measures....

Jan 14CoinTelegraphPolitics

Meet Nicola Peltz Beckham, the billionaire heiress, actor, and director who's married to Brooklyn Beckham

Nicola Peltz Beckham and her husband, Brooklyn Beckham. Allen Berezovsky/Getty Images Nicola Peltz Beckham is the daughter of billionaire businessman Nelson Peltz. She married David and Victoria Beckh...

3dBusiness InsiderEntertainmentImpact

Google cofounder Larry Page reportedly bought multiple Florida properties ahead of proposed California billionaire tax

Google cofounder Larry Page reportedly purchased property in South Florida. EMMANUEL DUNAND/AFP/GettyImages Google cofounder Larry Page bought property in Florida amid California's proposed billionair...

Jan 16Business Insidereconomics

A fallen billionaire's bulletproof Mercedes sold at bankruptcy auction for $63,000. Here's how it went down.

Joe Buglewicz for BI Business Insider took a deep-dive look at the bankruptcy auction of an armor-plated Mercedes. The auction was entirely online, and people placed 115 bids without kicking the tires...

Jan 17Business InsidereconomicsImpact

I pay the millionaire's tax in Massachusetts. I've thought about moving my family away, but I'm staying for my kids.

Sam Slater says he wants to raise his children in Massachusetts, despite paying the millionaire's tax. Sam Slater California's proposed wealth tax is sparking debate among billionaires across the stat...

Jan 15Business InsiderPoliticsImpact

Novogratz’s Galaxy to launch $100mn crypto hedge fund

Billionaire’s firm plans portfolio to profit from rising and falling prices, following sharp sell-off in digital assets sector...

4dFinancial TimescryptocurrencyImpact

Musk bows to pressure over Grok creating sexualised AI images

UK prime minister says xAI will restrict the image generator as billionaire pledges to follow laws in all markets...

Jan 14Financial TimesTechnologyImpact
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