Sen. Elizabeth Warren (D-Mass.) renewed her push to tax the richest Americans on Thursday responding to reports showing ...

The AI boom lifted billionaires to a record 3,795 with $15.1 trillion in wealth, but Bloomberg says the peak has likely been reached.

The AI investment craze pushed the ranks and richest of the world's billionaire population to nearly 3,800 people and $15.1 trillion in combined wealth in 2025, per a recent report by Altrata. The AI ...

A cadre of anti-tax Californians have seen their personal wealth increase by over 64 percent in the last twenty months.

Wealth taxes are justified and overdue, but until we confront corporate power directly, wealth will continue concentrating in ...

The world's population of billionaires reached an all-time high in 2025, with the AI investment supercycle and broad equity market gains lifting both headcounts and fortunes to levels that would have ...

Not every California billionaire opposes Proposition 40. In January, Nvidia’s chief executive, Jensen Huang, whose net worth ...

Propositions 41 and 42 could prevent the wealth tax from taking effect if either passes and receives more yes votes.

Supporters say Prop. 42 protects 401(k)s and pensions. Opponents say its real target is the billionaire tax.

AI investment is helping the rich get richer, according to a new report. The billionaire class saw its population grow by 8.2 percent in 2025, fueled in part by the AI investment boom, a new report ...

California’s 2026 Billionaire Tax Act (Initiative No. 25-0024) is a citizen-led ballot measure sponsored by SEIU-United Healthcare Workers West. It proposes a one-time 5% excise tax on the global net ...