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“This designer decks out yachts and jets for billionaires” When their superyacht, private jet or presidential palace needs a zhuzh, the world’s richest call Pinto. Since 1971, the lauded design firm founded by the Moroccan-born interior designer and photographer Alberto Pinto (who died in 2012) has completed more that 500 projects ranging from salons in…
“Joe Biden to propose ‘billionaire’s tax’ on richest Americans: report” The Biden Administration is poised to announce a new tax on the wealthy that could send Elon Musk into orbit. Biden’s “Billionaire Minimum Income Tax” proposal would set a 20 percent tax rate floor on Americans worth more than $100 million — hitting not only…
“‘Russian asset tracker’ tallies $17.5B worth of oligarchs’” A new online database is pulling back the curtain on the massive wealth accumulated by cronies of Russian President Vladimir Putin. The “Russian Asset Tracker” was unveiled Monday by the Organized Crime and Corruption Reporting Project, with details on $17.5 billion worth of luxury homes, aircraft, yachts…
“#Top 15 hedge fund managers raked in $15.8 billion last year” What a difference a year makes. The list of highest performing hedge fund titans in 2021 is here — and there’s more than a few upsets among the 15 managers who raked in a collective $15.8 billion last year. Citadel’s Ken Griffin jumped to…
“#Data reveals record NYC resale profits during the pandemic” Billionaire Dan Och flipped his 220 Central Park South penthouse in late 2021 for a staggering $188 million — and left New York real-estate gawkers flipping out in the process. That purchase price, alone one of the biggest in city history, made waves — but so…
“#Peloton CEO John Foley drops $55M on Hamptons compound as company faces increased scrutiny” Peloton chief executive John Foley has quietly snatched up a $55 million estate in East Hampton — even as employees of the exercise-bike company fret about their futures as its stock price tanks, The Post has learned. Foley’s new 4-acre spread…
“#Musk says Bezos needs to spend ‘less time in the hot tub’” The world’s richest man has some advice for the world’s second-richest man: Work harder. Elon Musk says Jeff Bezos needs to spend more time working at his space company Blue Origin and “less time in the hot tub” if the Amazon founder hopes…
“#Elon Musk calls Elizabeth Warren ‘Senator Karen’ in spat over taxes” Elon Musk called Elizabeth Warren “Senator Karen” and said she reminded him of an “angry Mom” on Tuesday after the Massachusetts Senator said the Tesla CEO should pay more in taxes. “Let’s change the rigged tax code so The Person of the Year will…
“#Japan billionaire Maezawa to fulfill childhood dream with space flight” Baikonur, Kazakhstan, Dec 7 – Japanese billionaire Yusaku Maezawa said he could barely contain his excitement a day ahead of blasting off to the International Space Station in a prelude to a more ambitious trip around the moon with Elon Musk’s SpaceX planned in 2023….
“#Billionaires use ‘Uber for private jets’ to avoid climate shaming” It’s awkward flying private. The ultra-wealthy and corporations are increasingly turning to Uber-like private jet sharing companies to maintain their climate credibility and avoid being “flight shamed” — while still avoiding the masses on commercial flights. Private jet charter companies say they are scrambling to…