Rick Caruso, Billionaire Developer, Jumps Into Los Angeles Mayor’s Race

“The electorate in 1993 is completely dissimilar to the electorate in 2022,” said Sonja Diaz, the director of the Latino Policy & Politics Initiative at the University of California, Los Angeles. “We’re talking about two different Los Angeleses.” Homelessness —

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Billionaire Ronald Lauder condemns Whoopi Goldberg, will ship free copies of Maus to Tennessee

Billionaire Ronald Lauder is warning against a “rising tide of Jew hatred,” ripping Whoopi Goldberg along with the Tennessee School District which banned the Pulitzer Prize winning Holocaust book Maus — and offering to send them all free copies. “These

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US Collector and Billionaire Surrenders Millions Worth of Stolen Art

From top to bottom: a fresco, larnax, death mask, and Stag Head Rhyton. Image: Manhattan District Attorney’s Office Michael Steinhardt, a billionaire investor and antiquities collector, agreed on Tuesday (December 7) to surrender 180 stolen relics worth a combined US$70 million. Steinhardt,

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Peloton CEO John Foley Is No Longer a Billionaire

Image: Bloomberg Peloton CEO John Foley’s net worth plunged by US$400 million on Thursday (November 4) after the company said it expected to bring less revenue next fiscal year following its weaker-than-expected quarterly earnings.  Peloton, known for its internet-connected stationary

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Billionaire Sacklers’ immunity threatened as DOJ moves to block opioid deal

Enlarge / PURDUE PHARMA, STAMFORD, Conn. – 2019/09/12: Members of P.A.I.N. (Prescription Addiction Intervention Now) and Truth Pharm staged a protest outside Purdue Pharma headquarters over the recent, controversial opioid settlement. The Department of Justice is fighting to strip the

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Billionaire Sacklers granted lifetime legal immunity in opioid settlement

Enlarge / Friends and family members of people who have died during the opioid epidemic protest against a bankruptcy deal with Purdue Pharmaceuticals that allows the Sackler family to avoid criminal prosecution and to keep billions of dollars in private

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