Wealth

The Saudi government declined to comment about the chateau to the Times, but has disputed reports that a Saudi royal purchased the da Vinci on behalf of Crown Prince Mohammed. In light of the anti-corruption arrests, the chateau and yacht purchases send signals that are inconsistent with Crown Prince Mohammed’s social and economic reforms, said
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If you read the headlines, the spoils of the Republican tax plan will disproportionately benefit the wealthy. It’s been called a “tax cut for the rich,” “a Christmas gift for the wealthy” and more. And that’s true: Any back-of-the-envelope math shows that in both dollar terms and in percentage terms, the largest tax cuts clearly
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The Republican tax plan may still be in flux. But the wealthy are already taking steps to avoid some of the most costly parts of the plan and reduce their taxes. Wealth management firms and accountants to the rich are scrambling to prepare their clients for the biggest set of tax changes since 1986. While
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“Tax-Hike Fears Fuel Talk of Exodus From Manhattan and Greenwich,” read a recent headline on Bloomberg, which quoted Bruce McGuire of the Connecticut Hedge Fund Association saying: “It would almost be irresponsible if [the wealthy] weren’t thinking of moving.” New York Governor Andrew Cuomo predicted the changes would be “devastating” to New York. Moody’s Analytics
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Mexico’s secretary of tourism disputed reports of tainted alcohol and described warnings about criminal activities from the U.S. State Department as “misleading” on Wednesday. “There is no evidence about tainted alcohol,” Enrique de la Madrid Cordero said on CNBC’s “Power Lunch.” Cordero said the case he reviewed concerned “excessive alcohol” — a problem associated with
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‘Tis the season to do good, but especially on Tuesday. Charitable donations generally pick up at the end of the year. Yet experts say they kick into high gear on “Giving Tuesday,” a single day specifically focused on charity in the shopping-heavy week after Thanksgiving. #GivingTuesday raised $177 million last year, according to GivingTuesday.org —
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Understanding the “ins and outs” of social media is essential now for businesses to thrive online. And for British fashion and beauty guru Trinny Woodall, social media has proven key to promoting her profile and her company’s portfolio. “Trinny London,” a business that she launched in October that offers its customers a stackable, versatile makeup
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Source: Ritz-Carlton Charlotte, N.C. One of three made-of-macaron trees at the Ritz-Carlton Charlotte, N.C. There’s no charge to visit the Holiday Wonderland, on view now through Dec. 27 in the lobby of the Ritz-Carlton Charlotte in North Carolina — but it will certainly make you hungry. Decorations include three trees bedecked with a total of
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