Already being sued by fellow billionaire and business partner Ronald Perelman, Ira Rennert is now under attack from neighbors in the Hamptons who say his helicopter is too big.
A family limited partnership was once an esoteric way for wealthy families to centralize the management of real estate and cash. But this is not a normal tax year.
Once the symbol of corporate power, skyscraper have become the default setting for luxury living, allowing developers to spread their risk around both office and residential markets.
The vessel will open as the centrepiece of an entertainment village, including a maritime museum, in Port Rashid, where it has been berthed since it was retired from service in 2008.
On both sides of the Atlantic, budget-minded leaders have alienate wealthy individuals and non-profit organizations alike with proposals to clamp down on tax relief on charitable donations.
The most expensive wine ever sold directly from a winery will go on sale this week, from the venerable Australian vintner Penfolds. The limited edition release of the 2004 Penfolds Block 42 Cabernet Sauvignon is priced at $168,000 a bottle.