Billionaires live under "buy, borrow, die," and California's wealth tax wouldn't touch that. An estimated $1 trillion of ...

Private equity controls trillions of dollars managed without transparency to the public, while exploiting tax loopholes ...

Typically what the wealthy do is sell investments when they are low, then make other similarly valued investments, ...

He said the rich need to be taxed. It’s true. And the points he makes show a set of mechanisms allowing wealth that has grown ...

Why is it that powerful people typically wait until they have no power to take the right position and effectively admit they were wrong when they had more power to do something about it? We see this ...

Silicon Valley’s wealthiest residents are once again threatening to leave California, this time over a proposed state wealth tax that tech founders warn could fundamentally reshape where innovation — ...

A decade ago, a successful private-equity dealmaker left his firm to start a new one. He asked his financial adviser to help him structure the endeavor in a tax-efficient way. The executive lived in ...

Heading into 2025, private equity executives were predicting a new heyday. After several years of high interest rates and a tough regulatory environment that had chilled dealmaking, the private equity ...

Buyout firms have struggled to sell companies they own and have instead found a workaround to get cash back to clients: Selling the companies to themselves. By Maureen Farrell Maureen Farrell covers ...

Firms should seek out opportunities to unload capital, drive portfolio growth and prove PE’s potential to their investors. Private equity must invest unused capital (“dry powder”) or risk losing ...

As funds deliver mediocre returns and shed investors, the industry is struggling to unload 31,000 investments, an increase over this time last year. By Maureen Farrell Heading into 2025, private ...