Clippers owner Steve Ballmer is one of the richest men in the United States, with an estimated net worth north of $27 billion. He was one of the very first Microsoft employees, and he worked as the company’s CEO for 14 years before stepping down and buying the Clippers in 2014. As an ultra-rich, recently retired guy…
Boyish scamp and retrograde class warrior Paul Ryan is turning his attention to “tax reform,” a term of art for the process of moving our nation’s wealth into the bank accounts of the very rich. Here is one statistic that tells the entire story.
You want some fuckin class war? This is the shit, right here.
Last week, TMZ reports, unidentified burglars broke into the unoccupied home of singer Alanis Morissette and made off with $2 million worth of jewelry. No one was harmed.
This week, Mark Zuckerberg’s $45 billion philanthropic foundation announced it is bringing on David Plouffe and Ken Mehlman, two of America’s most prominent political operatives. It is worth reflecting on the vast, vast power being wielded by the unaccountable foundations of the rich. Let’s do it!
Economic inequality in America has been rising steadily since the Reagan era. Why? A new research paper identifies what it say is the main culprit: the fact that we’ve stopped taxing the rich.
“The Left,” to the extent such a thing exists in America, seems extremely energized by Donald Trump’s victory. They/ we are ready to fight back! What’s the plan? How about... more of the same?
This presidential election could decide the fate of abortion, immigration, race relations, and nuclear proliferation. What our nation needs now is a patronizing letter from an egomaniac corporate CEO.
When people who manage lots of money are feeling confident, they invest that money. When they feel scared, uncertain, and pessimistic, they just hold onto cash, waiting fearfully for disaster to strike. How are they feeling now?
Joe Ricketts is the billionaire founder of TD Ameritrade and owner of the Chicago Cubs. He spent millions running ads denigrating Donald Trump. Now he’s backing Donald Trump. Joe Ricketts is a bad person who should be castigated and disrespected by civil society.
There are only three controls in EpiPen Tycoon. You can increase the price of an EpiPen by $5, reduce it by $5, or, in the rare occasions that the public gets too mad at you, deploy a few outrage-deflating special bonuses. The goal is simple: you, Heather Bresch, are the CEO of Mylan. You want to make as much money as…
H.B. Blades was a sixth-round pick from Pittsburgh who played four seasons for Washington as a linebacker. The team cut him in 2011, and formally paid him $40,000 in severance pay in September 2012. However, they also paid out that same sum a few months later, and they’ve been fighting in court ever since to recoup…
SAN FRANCISCO—Larry's cock is 13 stories high, which is odd because most buildings don't have 13 stories because it's bad luck, but Larry doesn't have to worry about bad luck, because he is the fifth-richest man in the world. He's so rich and so weird that people write more about how rich and weird he is than about…
You know, $54.5 million just doesn't go as far as it once did. Tiger Woods, who scraped together enough dough to get a mortgage at that price in Jupiter Island, Fla., two years ago, is already finding that out. We've all been there.
The economically-inclined folks at The Wall Street Journal have taken the time to quantify this sobering figure: It takes A-Rod 6 pitches to make $100k.
Leave it to the Times — the publisher's kid, no less — to come up with one of the dumber reasons to hate the infinitely hateable Yankee Stadium: The kiddies can't get autographs anymore!
"It seems logical that children of privilege who have access to world-class coaching and state-of-the-art facilities should develop professional-level talent, but for some reason that almost never happens." The answer, he says, "is elusive." [VF.com]