California voters will decide on Proposition 40, a ballot measure that would create a one-time 5% tax on the wealth of the state’s billionaires. The vote is scheduled for November 3. If approved, the measure would target California residents who qualify as billionaires under the proposal. The proposal comes as California faces major demands for … Read more
Michael Dell’s net worth is estimated at $276.5 billion as of September 12, 2026, according to Forbes’ Real-Time Billionaires List. Despite reaching a higher fortune than his September 9 figure, Dell is currently ranked No. 3 among the world’s richest people. Michael Dell’s net worth soared as he briefly became the world’s second-richest person on … Read more
PC: San Francisco State University A self-made billionaire couple gave San Francisco State University a $25 million gift, with a large portion of the donation made in XRP, making it one of the biggest cryptocurrency contributions to US higher education at the time. Chris Larsen, an SF State alumnus, and his wife Lyna Lam donated … Read more
By Sarah Kinosian, Marianna Parraga and Gram Slattery The Venezuelan billionaire the US investigated for money laundering now has a Pentagon oil deal CARACAS/MIAMI, Sept 5 – The billionaire who helped broker the Trump administration’s sweeping long-term oil deal with Venezuela was until recently a target of U.S. money-laundering investigations involving funds embezzled from the … Read more
Isabel Getty, great-granddaughter of J. Paul Getty, begins a new chapter with British financier Faris McKinnon. (Photo: Instagram) Isabel Getty, the 32-year-old great-granddaughter of oil tycoon J. Paul Getty, has married British financier Faris McKinnon in an intimate ceremony in London. The billionaire heiress looked elegant in a white skirt suit paired with striking cobalt … Read more
Bill Ackman’s investment career can be traced back to a surprisingly modest beginning: a college sales job that earned him $14,000. While studying at Harvard, Ackman sold advertising for the student-produced Let’s Go travel guides on commission, discovering that he had a knack for turning sales into serious money. The experience offered an early glimpse … Read more
On Monday, a US court ended the long legal saga surrounding Gautam and Sagar Adani by dismissing all criminal charges against the two men and their associate Vneet Jaain at the request of the US government. Judge Nicholas Garaufis of the United States District Court for the Eastern District of New York dismissed criminal charges … Read more
Billionaire Michael Moritz’s newest bet to transform San Francisco is being driven by Crankstart – a private family foundation. Billionaire Michael Moritz and his wife, artist Harriet Heyman, are offering up to $150 million for ideas that could improve life in San Francisco, launching a global competition to address the city’s housing affordability crisis and … Read more
How did Larry Ellison start from scratch and become the second richest man in the world? Tech billionaire Larry Ellison once struggled to pay utility bills to keep his shop running, so much so that he had to beg energy companies for extra time. Decades later, the business tycoon effortlessly wrote a check for $300 … Read more
Billionaire Oracle co-founder Larry Ellison owns a $38 million private jet and previously owned a $490 million megayacht Tech mogul Larry Ellison spent two years in a never-ending legal battle with the city of San Jose just to ensure his private jets would take off and land at midnight. The billionaire is willing to fight … Read more