Billionaires

Barry Diller called out ultrarich Americans who support Trump for economic reasons.The IAC chairman said those people were ignoring Trump’s character flaws in pursuit of financial gain.Both Trump and Harris have pitched tax breaks ahead of this year’s presidential election. Barry Diller criticized other ultrawealthy Americans for backing former president…

Prominent tech CEOs and billionaires condemned the shooting at a Trump rally on Saturday, with some voicing their support for former President Donald Trump.At least two people, including the suspected shooter, were killed on Saturday after shots were fired at the rally in Butler, Pennsylvania, according to a statement from…

The condominium board at 432 Park Avenue in midtown Manhattan — once the tallest residential building in the Western Hemisphere — first sued the building’s developers in 2021.In their lawsuit, the board argues that the alleged mismanagement at the 96-story, 125-unit skyscraper was “one of the worst examples” of developer…

Billionaire investor Barry Sternlicht’s Nantucket beach house has been demolished due to erosion.Strict zoning rules and unstable land make it unlikely that Sternlicht will be allowed to rebuild.The ongoing erosion is causing property values to fall on parts of the exclusive island. Billionaire investor Barry Sternlicht’s Nantucket beach house is…