#billionaire-exodus

#billionaire-exodus

Billionaireism describes both the pathology that affects you when you are so wealthy that you're effectively above consequences and above moral consideration for others, and the pathologies that having a society dominated by such people inflicts on the rest of us.

Launching a fund used to be a real test of endurance, with timelines often stretching across many months. The process demanded patience that many ambitious founders found difficult to sustain.

"This is a system shock," says Nigel Green, CEO of deVere Group. "You have a material energy supply disruption and a structural shift toward fragmentation."

Albert Douglas found himself facing a long prison sentence in Dubai, leading to a desperate attempt to escape that ultimately failed, resulting in years of legal battles and imprisonment.

Some buyers want a residence permit and eventual permanent residence in the European Union. Others want the cheapest citizenship, faster visa-free travel, or a place to obtain residency while they build a business.

Many UK nationals working in the UAE, Kuwait, and Saudi Arabia are looking to return home. However, being in the UK increases the likelihood of being classified as a UK tax resident under the Statutory Residence Test (SRT).

The One Big Beautiful Bill Act made the bonus depreciation permanent, allowing company executives to write off 100 percent of the cost of an investment that depreciates in value, like a humble fleet van or an eight-figure business-class jet.

Amazon's merger with Globalstar is set to enhance its satellite operations, providing significant infrastructure and capabilities in the low-Earth orbit sector, which is crucial for expanding connectivity options.

Ben McKenzie’s documentary, Everyone Is Lying To You For Money, takes viewers on a revealing journey through the chaotic world of cryptocurrency, showcasing the skepticism surrounding it.

Statistics Canada reported that the income gap measuring the difference in disposable income between the top 40 percent and bottom 40 percent reached 46.7 percentage points in 2025, up from 46.4 percentage points the previous year.

In March 2026, US startups raised $19.06 billion across 630 deals, a significant decline of 64.4% year-over-year from March 2025's $53.5 billion, which was heavily influenced by OpenAI's $40 billion mega-round.

Goldman Sachs' Chief Equity Strategist Peter Oppenheimer has called the recent sell-off in U.S. tech stocks a rare 'buying opportunity,' suggesting that the current market conditions may favor investment in this sector.

"I'm in favor of not having any rules against insider trading. I would like all the information out there as soon as it's available. Because look, as a society, we are better off knowing as soon as possible anything that is knowable."

KB Home's forthcoming move will mark its return to the Phoenix area, where the company was headquartered for a few years in the 1960s before shifting its operations to Los Angeles.

California may be losing two of the state's most famed residents and generous political donors. Filmmaker Steven Spielberg recently moved to New York and Facebook co-founder Mark Zuckerberg is eyeing purchasing a new property in Florida, stirring speculation about whether their decisions are tied to a proposed new tax on California billionaires to fund healthcare for the state's most vulnerable residents.