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One-time billionaire hedge funder Phil Falcone is cash-poor and can’t pay a nearly $14 million legal tab owed to a law firm, according to a new lawsuit. The controversial financier — whose wife, Lisa Falcone, landed on Page Six for name-dropping Alicia Keys and using the N-word in front of her black personal chef — …
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Ron Perelman’s infamous selling spree appears to continue with his palatial Hamptons estate, The Post has learned. The billionaire businessman behind Revlon is entertaining offers for his Hamptons property known as “The Creeks” for around $180 million, sources familiar with the situation said. A Perelman spokeswoman on Friday denied the heavily guarded estate, which sits …
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The world’s top tech tycoons lost nearly $44 billion in wealth Thursday as the stock market suffered its worst day in months. The massive losses for the industry’s 10 richest people followed a dizzying rally in tech stocks that helped the Nasdaq index hit an all-time high this week even though the coronavirus pandemic has …
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MacKenzie Scott has captured the title of richest woman on earth just days after ex-husband Jeff Bezos became the world’s first $200 billion man. Scott — who earlier this summer dropped the Bezos surname she had kept since their 2019 divorce — has added a staggering $30.3 billion to her net worth so far in …
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It’s a real life rags-to-riches story. Tyler Perry, who was once homeless, is officially a billionaire, according to Forbes. The 50-year-old media mogul has earned $1.4 billion in pre-tax income since 2005, the money outlet reports. They estimate his net worth is $1 billion, “with a clear path to future membership in The Forbes 400.” …
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Vermont Senator Bernie Sanders wants to tax billionaires out of existence, or at least make them an endangered species. His proposed wealth tax of up to 8 percent per year would mean “the wealth of billionaires would be cut in half over 15 years,” he says. The progressive tax would start at 1 percent on …
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Make room, Jeff, Bill and Mark: the 12-digit club has a new member. Elon Musk’s fortune crossed the $100 billion mark on Friday as Tesla’s shares continued a dizzying rally that has seen the company’s market cap more than quadruple this year. The South Africa-born chief executive has now followed Amazon’s Jeff Bezos, Microsoft founder …
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Jeff Bezos is giving a whole new meaning to the title of world’s richest man. The Amazon CEO’s net worth soared to a record $200 billion on Wednesday when shares of his online shopping behemoth hit $3.403.64 on surging demand for contactless shopping. The stock recently traded at $3,406.84, up 1.8 percent, or $60.35 a …
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The billionaire financier who promised to pay off an entire college class’s student debt is under federal probe for possible tax crimes, a new report says. A web of offshore financial transactions is at the heart of the probe of Robert F. Smith, a money manager and philanthropist who is the wealthiest black person in …
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Elon Musk on Tuesday became the fourth-richest man on earth after a surge in Tesla shares helped him leapfrog French luxury titan Bernard Arnault. The eccentric tech tycoon — who added $7.8 billion to his net worth on Monday, thanks to a more than 9-percent jump in Tesla’s stock — is now worth $84.8 billion, …
One-time billionaire hedge funder Phil Falcone is cash-poor and can’t pay a nearly $14 million legal tab owed to a law firm, according to a new lawsuit. The controversial financier — whose wife, Lisa Falcone, landed on Page Six for name-dropping Alicia Keys and using the N-word in front of her black personal chef — …
