What a wealth tax is, and how California's Prop. 40 would work
A plain guide to taxing fortunes instead of income, who Prop. 40 would reach, and the ways the very rich have responded before the vote.
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A plain guide to taxing fortunes instead of income, who Prop. 40 would reach, and the ways the very rich have responded before the vote.
A first-of-its-kind exhibition at The King's Gallery will trace 500 years of British royal jewellery, with around two thirds of the pieces shown publicly for the first time.
The Real Deal says agents tie the Amazon founder to the buyer of a 17,500-square-foot estate. Public records name only a Delaware company, and none of the sources we reviewed has Bezos confirming the link.
A never-exhibited Monet fetched €50 million ($56 million) with fees on Thursday, more than the high estimate and the most for any artwork sold at auction in France, the reports say.
The larger-than-life torso nearly tripled its high estimate in New York, but reports differ on whether $34.3 million is the hammer price or includes fees.
Artnet's headline points to a $100M-plus Modigliani, but our sources don't say whether it sold, what it cost or in which currency. Here is what is confirmed from the opening days.
Bloomberg's index put Musk's estimated net worth at $921 billion on Oct. 20, after a brief trip above $1 trillion earlier this month.
Fairmont says the Fifth Avenue landmark will shut its 282 guest rooms, event spaces and Palm Court for restoration. No exact January closing date has been given.
The 300,000-square-foot campus, built with Signature Aviation, is reserved for NetJets customers and reflects what the company calls surging demand for Las Vegas flights.
The charter company will fly guests to the Fort Lauderdale International Boat Show's on-site landing zone and offer short aerial tours of the show, Oct. 28 through Nov. 1.
Supercar Blondie says the Bugatti-Rimac CEO gave the first of 40 Nevera R cars to its owner; the car lists from €2.3 million.
Sotheby's New York holds its Magnum Opus evening auction tonight, with estimates totaling $32.65m to $47.62m before premiums. A second sale follows on Thursday.
This week's Gift Edit runs from a six-place-setting egg at $185,000 to Christofle silver-plate at $830 to $1,910 and a $230 Lancôme advent calendar, with prices as the sellers list them.
A nearly 10-acre compound west of Fort Lauderdale, with a full basketball complex, is on the market at an asking price, not a sale price.
Forbes' live ranking showed Musk above $1 trillion on Wednesday after a surge in SpaceX and Tesla. These are estimates that change through the day.
A 1907 Kandinsky returned to the heirs of Amsterdam collectors Hedwig and Emanuel Lewenstein sold above its estimate, though short of the artist's auction record.
Mansion Global reports the seven-bedroom estate sold about 19% under its July list price; the listing agents say it went under contract after 47 days on the market.
The hammer price is not what the winner pays: a tiered fee on top adds millions to a top lot. Here is how the arithmetic works, using rates the auction houses publish.