What’s the so-called ‘wealth tax’ in Biden’s proposed bill, and how would it work?
To help pay for his big economic and social agenda, President Joe Biden is looking to go where the big money is and that's billionaires.
Leaked records open a ‘Pandora’ box of financial secrets
Hundreds of world leaders, powerful politicians, billionaires, celebrities, religious leaders and drug dealers have been hiding their investments in mansions, exclusive beachfront property, yachts and other assets for the past quarter-century, according to a review of nearly 12 million files…
In South Carolina, Sanders could get a boost from billionaire Steyer
Steyer has been courting black voters in the state and has spent tens of millions on ads. That could siphon support from Biden, creating an opening for Sanders.
Bloomberg could qualify for Democratic debate under new party rules
The Democratic National Committee has dropped grassroots fundraising qualifications for the party's Feb. 19 debate before the Nevada caucuses, opening the possibility that billionaire Michael Bloomberg could make his first appearance on stage.
Michael Bloomberg and Tom Steyer's presidential campaigns will test the country’s appetite for rich, self-funded candidates in a year where some of the most popular platforms for the leading Democratic 2020 contenders include vowing to tax the ultra wealthy to…
Communist China's planned economy once prevented its citizens from becoming wealthy. But China now produces billionaires faster than any country in the world, even as President Xi Jinping has cracked down on ostentatious displays of wealth. Special correspondent Katrina Yu…
Why are billionaire entrepreneurs spending their money purchasing newspapers and magazines that appear to be losing money? A mix of philanthropy, ego and ambition.
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