Tax attorneys say celebrities like Grammy Award winner Lauryn Hill are often sentenced and prosecuted more vigorously so that officials can send a message to the public.» Read More
Tax attorneys say celebrities like Grammy Award winner Lauryn Hill are often sentenced and prosecuted more vigorously so that officials can send a message to the public.
Most of the wealthy have a binary view of taxes: less or more. But billionaire Ronald Perelman has a more nuanced view. He believes income taxes should be high for the wealthy, but the estate tax should be abolished.
A British socialite is embroiled in a fight between an ex-Goldman exec and a hedge-fund millionaire over her child-support claims.
Stung by revelations about his ex-budget minister's Swiss bank account, French President Francois Hollande pushed legislation aimed at making elected officials disclose their wealth.
Berkshire Hathaway billionaire Charles Munger is giving a $110 million in stock to the University of Michigan — the largest donation in its history — for a graduate student residence hall.
The FBI says the Upper East Side gallery figured in a gambling and money-laundering ring that stretched from Moscow to Los Angeles.
In the highly personal interview, the cable magnate talked about his wealth, his land holdings and the one toy he does enjoy: Barry Diller's yacht.
The recent birth of a daughter to Roman Abramovich and his girlfriend helps explain why the Russian billionaire has kept his mega-yacht docked on Manhattan's West Side.
That'll give him something to wine about: A judge awarded a billionaire $12 million after a tech entrepreneur sold him vintage wine that turned out to be fake.
Cosmetics tycoon Leonard Lauder has promised New York's Metropolitan Museum of Art his long-sought collection of Picassos and other works.
Silicon Valley’s latest attempt to shape national policy risks attracting negative publicity, critics say.
The split between oil king Harold Hamm and his wife could required him to sell a large number of shares or give her shares that she might then sell.
Forget about golden parachutes. Mason may be the first CEO in modern-day capitalism to get a lead parachute.
Less than a year after buying the Hawaiian island of Lanai, Oracle chief Larry Ellison has purchased Island Air, a local airline that factors in his development plans.
French actor Gerard Depardieu's flirtation with moving to Russia to escape tax hikes obscures the broader fact that wealthy Russians are fleeing their country.
Two brothers from Texas who own some 431 square miles of Montana ranch land don't break into the top 30 landowners in America.
Billionaire Warren Buffett said that killing the charitable deduction would not change his giving.
San Jose, Calif. and Houston recorded the fastest percentage growth in the number of millionaires among the top 10 Metro areas.
Before you go out and buy a mansion and a yacht, here is some smarter advice on what you should do if you win the $425 million Powerball.
Indian farm machinery maker Mahindra and Mahindra is a possible investor in Aston Martin, whose iconic British sports cars are favoured by 007.