Former Treasury Secretary Larry Summers announces his resignation as a tenured Harvard professor, ending a decades-long association with the university as scrutiny intensifies over his past ties to the late financier and convicted sex offender Jeffrey Epstein.
A proposed wealth tax in California is triggering an unprecedented exodus of tech billionaires to Florida's tax-friendly shores, with Larry Page's massive purchases igniting a high-stakes property rush in Miami's most exclusive enclaves.
In an exclusive interview, Google DeepMind CEO Demis Hassabis details how the hands-on return of Larry Page and Sergey Brin is reigniting the company's innovation engine, marking a strategic shift to reclaim leadership in the AI era.
A proposed wealth tax in California is triggering a new wave of ultra-luxury migration to South Florida, with tech billionaires like Larry Page leading a spending spree that is redefining Miami's property market and local economy.
A proposed 'billionaire tax' in California is accelerating a seismic shift of tech wealth and corporate headquarters to Florida, reshaping real estate markets and sparking a fierce debate over economic policy and the future of innovation.
Elon Musk's net worth has surged to $839 billion, according to Forbes' 2026 Billionaires List, a figure that surpasses the combined wealth of the list's bottom 693 individuals. The milestone underscores the accelerating concentration of wealth at the very top.
Meta CEO Mark Zuckerberg is purchasing a waterfront mansion on Florida's exclusive Indian Creek Island, a move seen as part of a broader trend of ultra-wealthy individuals relocating from California amid proposals for a significant one-time wealth tax.
Meta CEO Mark Zuckerberg's major donation to Sacramento State for STEM and AI facilities signals a deepening commitment to California, even as other billionaires exit amid proposed wealth tax concerns.
A handful of California's wealthiest residents, including Google founders, have relocated ahead of a proposed one-time levy, taking a quarter of the initiative's projected revenue with them and fueling a well-funded counter-campaign.
Alphabet has structured a new three-year compensation deal for Google CEO Sundar Pichai, potentially worth nearly $700 million, with a significant portion tied to the performance of its autonomous vehicle and drone delivery units.
A wave of ultra-wealthy buyers, including Silicon Valley's most prominent founders, is acquiring trophy properties in Miami and its enclaves. Driven by tax concerns and lifestyle appeal, this trend signals a potential long-term shift in capital and influence from traditional tech hubs.
The release of millions of pages from the Jeffrey Epstein case by the U.S. Justice Department has unveiled the late financier's social and professional ties to a vast array of powerful figures across politics, finance, and tech, raising fresh questions about the scope of his influence.
The Loyola University Chicago community is reeling after freshman Sheridan Gorman was fatally shot in what police describe as a random attack near campus. A 25-year-old man, Jose Medina, now faces murder charges as Gorman's family establishes a scholarship to honor her legacy of kindness.
Forbes' 2026 ranking reveals a historic surge in global billionaires, driven by artificial intelligence, with a significant concentration residing in Connecticut.
As Forbes' annual billionaires list swells to a historic 3,428 individuals, driven by an AI-fueled wealth surge, Vermont claims just one resident among the ultra-wealthy: Boston Scientific co-founder John Abele.
Kenneth Feld and his family, stewards of iconic brands like Ringling Bros. and Monster Jam, have secured a spot on the Forbes World's Billionaires list with an estimated $2.5 billion net worth, even as their ranking shifts in a volatile global wealth landscape.
While high interest rates freeze the broader U.S. housing market, a surge of incomprehensible wealth is transforming Miami's exclusive enclaves, with Mark Zuckerberg's record $170M purchase highlighting a stark divide.
Forbes' latest ranking reveals a historic surge in global billionaire wealth, driven by AI and soaring markets. The United States leads with 989 billionaires, while Texas emerges as a major hub, hosting figures like Elon Musk and a host of energy, retail, and tech magnates.
Forbes' latest ranking reveals a historic surge in global billionaire wealth, driven by artificial intelligence. While the U.S. leads with a record 989 billionaires, the New England states of New Hampshire and Maine see no new names joining the elite list this year.
California Attorney General Rob Bonta has initiated a vigorous state-level antitrust investigation into the proposed mega-merger between Paramount Skydance and Warner Bros. Discovery, sharply criticizing what he describes as a retreat by federal enforcers and signaling a potential legal showdown.
