Mark Cuban built his fortune in the tech world. That doesn’t mean he worships Silicon Valley. The billionaire star of ABC’s “Shark Tank” makes a conscious effort to keep his investments outside of the California tech hub, he told Bill Maher on a recent episode of the “Club Random” podcast. California has higher taxes and
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If you ever find yourself taking a meeting with Jeff Bezos, don’t expect the billionaire Amazon founder to speak first. Before Bezos stepped down as Amazon’s CEO in 2021, he made a practice of letting his employees speak first. Now, his girlfriend Lauren Sanchez — the founder of Santa Monica, California-based aerial filming company Black
dmphoto | E+ | Getty Images Tax season is underway, and there’s been increased scrutiny of the IRS as it starts deploying part of the nearly $80 billion in funding approved for the agency by Congress in August. While Treasury Secretary Janet Yellen has said goals include boosting customer service and improving technology, critics have
Jeffrey Coolidge | Photodisc | Getty Images Black Americans are roughly three to five times more likely to face an IRS audit than other taxpayers, according to a new study. While there isn’t evidence of explicit discrimination from the IRS or its revenue agents, the findings show the disparity stems from a faulty software algorithm
In 2016, I retired early at 35. At the time, I had $900,000 saved, and within a few years was able to accumulate a $1 million net worth. I wasn’t born rich. I worked nothing but 9-to-5 jobs. I didn’t receive an inheritance or win the lottery. And I was never the smartest person in the
Morsa Images | Digitalvision | Getty Images If you worked from home in 2022, you may be wondering if you qualify for the home office deduction, which offers a tax break for part of your home expenses. Remote work was an option for 10.6% of workers in 2022, with higher percentages among tech, legal and
A worsening macroeconomic climate and the collapse of industry giants like FTX and Terra have weighed on bitcoin’s price this year. STR | Nurphoto via Getty Images After a tough year for crypto, you may be looking for ways to turn steep losses into possible tax breaks. The digital currency industry lost nearly $1.4 trillion
It took me 20 years of trial and error before I achieved a multimillion-dollar net worth. Now, at 64, I draw income from the 18 companies I started and the 12,000 apartment units I own. But I wish I had known sooner how ultra wealthy people think about money. I’ve built relationships with many millionaires
After Akio Toyoda, CEO and President of Toyota, announced he was stepping down on Thursday, he shared his advice to his successor and his business philosophy. Photo by Yoshikazu Tsuno | Gamma-rapho | Getty Images After Akio Toyoda, the CEO and President of Toyota, announced he was stepping down on Thursday, he shared his advice
Colorful cafe bars at the iconic Beale Street music and entertainment district of downtown Memphis, Tennessee. benedek | iStock | Getty Images Despite broad hikes in rental prices, competition is easing in some U.S. markets as inventory grows, according to a new report from national real estate brokerage HouseCanary. At the end of 2022, the
In this article MC-FR Follow your favorite stocksCREATE FREE ACCOUNT Bernard Arnault, Chairman and CEO of LVMH Moet Hennessy Louis Vuitton, attends a news conference to present the 2022 annual results of LVMH in Paris, France, January 26, 2023. Gonzalo Fuentes | Reuters Luxury giant LVMH said China’s wealthy consumers have started returning to stores
Bill Gates says some of the world’s governments have handled the spread of Covid-19 better than others, but the billionaire won’t give any country a perfect mark. “I wouldn’t say any country got it totally right,” Gates said in a recent interview at the Lowy Institute, a think tank in Sydney, Australia, adding: “Nobody …