MacKenzie Bezos announced on Twitter on Thursday that she and Jeff Bezos have completed the process of dissolving their marriage, leaving her with $35.6 billion in Amazon stock. MacKenzie Bezos said she was “happy” to be giving her ex-husband 75 percent of their stock in Amazon along with voting control of her shares. She also
Wealth
Apple TV Plus. Apple News Plus. Apple Arcade. Apple Card. All the details still haven’t been announced, like pricing and mechanics, but Apple CEO Tim Cook hosted Hollywood royalty at the company’s Cupertino headquarters last week. The promise: a new model for digital commerce and digital content that emphasizes privacy over targeting and subscriptions over
The U.S. Department of Justice charged 50 people last month in a multi-million-dollar scheme that allowed rich parents to cheat the college admissions system. By faking standardized test scores and bribing athletics officials, those parents managed to get their kids into elite schools like Georgetown, Stanford, Yale, and USC. But what if you don’t want
Manhattan real estate had its worst first quarter since the financial crisis, capping the longest losing streak for sales in over 30 years, according to a new report. Total sales fell 3 percent in the first quarter, according to a report from Douglas Elliman and Miller Samuel. That marked the sixth straight quarter of declines,
When it comes to managing their money, most people are content on their own. That could backfire. Despite reports that many workers are living paycheck to paycheck and not even half of all adults would be able to cover an unexpected $1,000 expense, the majority of Americans are declining any financial help or advice. To
The activists known as the Patriotic Millionaires, who describe themselves as “proud traitors to their class,” want to meet with every member of Congress as part of a new lobbying campaign aimed at convincing lawmakers to raise taxes on the rich. During these meetings, the millionaires intend to use the threat of withholding their endorsements
Delta and American Express are extending their exclusive partnership that includes Delta SkyMiles Credit Cards, the companies said Tuesday. The agreement, which now runs through 2029, will allow the companies to build on a partnership that has worked well for both. “Enhancing customer loyalty is at the heart of our business. Our partnership with American
It was the sale that shocked the world — and the housing data. Hedge fund billionaire Ken Griffin’s $238 million purchase of a condo in Manhattan single-handedly boosted the average sales price in Manhattan by more than $100,000 in the first quarter, according to an analysis. A report from Douglas Elliman and Miller Samuel showed
HED IDEAS: 32-year-old multimillionaire cannabis entrepreneur got his start as a teen treating epilepsy with weed At the age of 14, Joshua Haupt woke up in an ambulance. He was supposed to be in school, but he had suffered a seizure at the breakfast table. Later that day, Haupt was diagnosed with epilepsy. That diagnosis