Six Banks Seen Reaping $157 Billion on Trump’s Return
The six giants of US banking are expected to post their second-highest annual profit ever — a $157 billion haul — after riding out President Donald Trump’s dramatic policy changes.
The six giants of US banking are expected to post their second-highest annual profit ever — a $157 billion haul — after riding out President Donald Trump’s dramatic policy changes.
Bill Gates transferred $7.9 billion to a nonprofit controlled by Melinda French Gates in late 2024, according to a recent tax filing from the charity.
Our practical tips on taking charge of your finances this year.
Philip Erdoes, who built a wide-ranging career as a venture capitalist and serial entrepreneur while supporting his wife’s ascent as one of Wall Street’s most powerful women, has died. He was 62.
Governor Gavin Newsom has used his final formal address to California lawmakers to push back against a renewed wave of criticism, as President Donald Trump and billionaires rally against a proposed wealth tax in the state and allegations of fraud.
Paul Allen’s estate has sold its stake in a wealth adviser that was once part of the Microsoft Corp. co-founder’s private investment firm in the latest shake-up of assets tied to the late entrepreneur.
Billionaire Chris Rokos’ hedge fund posted yet another year of double-digit gains, joining peers cashing in on macro trades last year.
The president’s latest announcement sounds dramatic, but the numbers tell a different story
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At least a half-dozen billionaires left California before the new year, and their exodus could soon be followed by more than a dozen others in the face of a proposed 5% tax on their wealth, according to financial advisers to the rich.