The proposal calls for California residents worth more than $1 billion to pay a one-time tax equivalent to 5% of their assets ...

Peter Thiel reportedly explored spending more time outside California and even opening an office for his Los Angeles-based ...

On Friday, hedge fund billionaire Bill Ackman sounded the alarm over California's economic future as reports suggest some of ...

California is on a path to self-destruction,” wrote Bill Ackman, joining opposition to a tax proposal alongside Google’s ...

Bill Ackman warned that California is driving itself toward economic decline amid a proposed billionaire wealth tax prompts.

It’s uncertain whether the proposal will reach the statewide ballot in November, but some billionaires like Peter Thiel and ...

A request by Gawker Media Group’s bankruptcy estate to subpoena billionaire Peter Thiel is focusing attention on a defamation lawsuit given new life thanks to a reader comment on one of the defunct ...

Some investors are saying “told you so,” while others are doubling down, as a selloff in bitcoin and other digital tokens hits crypto-treasury companies. Plus, world-building in AI, the brewing Zuck ...