A group of wealthy Americans, some with inheritances and some with self-made fortunes, are calling for a tax on the net worth of people like them. Source: NYT > Business – Patricia Cohen
How a Real Estate Concept From the Middle Ages Can Still Backfire
The value of fractional real estate has long been debated. Critics see it as a hustle, while supporters say it is a smarter way to use a vacation home. Source: NYT > Business – Paul Sullivan
Meet the Money Whisperer to the Super-Rich N.B.A. Elite
Who do Klay Thompson and other N.B.A. stars trust to manage their wealth? A guy who knows how to rebound with $8,000 stuffed into his underwear. Source: NYT > Business – Devin Gordon
Lawsuit Could Cool a Fast-Growing Way of Giving to Charities
The suit sheds light on concerns around donor-advised funds, which disburse money over time but offer an immediate tax deduction. Source: NYT > Business – Paul Sullivan
MacKenzie Bezos Owns $36 Billion in Amazon Shares. Now She Is Vowing to Give Away Much of Her Wealth.
After her divorce from the Amazon founder and chief executive Jeff Bezos was announced earlier this year, Ms. Bezos has pledged away more than half of her wealth in committing to the Giving Pledge. Source: NYT > Business – Sandra E. Garcia
MacKenzie Bezos Promises to Give More Than Half of Her Fortune to Charity
After her divorce from the Amazon founder and chief executive Jeff Bezos was announced earlier this year, Ms. Bezos has pledged to give away much of her fortune. Source: NYT > Business – Sandra E. Garcia