Tag: billionaires
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Ski Resorts or Billionaire Playgrounds?
The Rising Privatization of America’s Slopes and Its Impact on Real Estate The recent closure of Homewood Mountain Resort, a beloved public ski area on Lake Tahoe’s West Shore, has sparked significant debate over the growing trend of privatizing ski resorts in the United States. This movement not only alters the accessibility of these recreational…
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A Third of British Billionaires Take Wealth Offshore: What the Investigation by The Times Reveals
A recent investigation by The Times has brought to light a significant trend among Britain’s wealthiest individuals: the use of offshore tax havens to secure their fortunes. According to the British daily’s findings, roughly a third of Britain’s billionaires, equating to 28 of the island’s 93 billionaires, have shifted their wealth into tax havens over…
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J.P. Morgan Private Bank Releases Study on Global Billionaires
Conversations with some of the world’s wealthiest families reveal top aspirations, concerns around family governance, values-driven impact strategies and investments NEW YORK, Jan. 10, 2023 /PRNewswire/ — J.P. Morgan Private Bank today released Stewardship & Purpose: Conversations with the world’s wealthiest families, a study conducted by the firm’s 23 Wall Team. The Private Bank’s report captures insights from conversations with…