Florida voters on Tuesday approved a major overhaul of the state’s property tax system. But the droves of billionaires and other ultrawealthy people who recently moved there are unlikely to notice much of a difference from its headline tax break. Amendment 3—which raises the homestead exemption on non-school property taxes from $50,000 to $150,000 in
A lot of people talk about changing the world. But Amazon’s billionaire founder, Jeff Bezos, gave Eva Longoria $50 million to actually do it. And two years on, she says the biggest myth still surrounding philanthropy is that you have to be rich to do it. “One of the biggest misconceptions about philanthropy is that impact
With a net worth of $222 billion, Mark Zuckerberg is one of the richest people in the world and the owner of a massive real-estate portfolio that spans the entire U.S. His latest purchase from August is a 440-acre estate and accompanying 196-year-old castle in County Waterford, Ireland, a purchase that reportedly set him back
Amazon founder Jeff Bezos got out of Washington before it became a more expensive place to be a billionaire. In spring 2025, he sold his Hunts Point mansion for $63 million, according to King County property records. It’s the most expensive home sale on record in the state, Puget Sound Business Journal reported. The sale
Elon Musk isn’t over Delta Air Lines choosing a rival in-flight WiFi provider instead of Starlink. After some X users posted about choosing to book with United Airlines over Delta due to its Starlink internet, Musk said on Wednesday, “I warned them. It will get much worse.” It comes after Musk said Delta would “lose
Thirteen years ago, Jeff Bezos strode into a room on the set of CBS’ 60 Minutes and revealed Amazon’s first delivery drone, predicting 30-minute drop-offs of airborne packages within the next four to five years. Ever since, the e-commerce giant has struggled to live up to that promise. On Wednesday, it took a step forward,