The Great Cashout!
The Great Cashout—Bezos, Leon Black, Dimon, and Walton family have now sold combined $11B in company stock this month— some for the first time ever.
Recent
LPL Financial Expands Suite of Service for High Net Worth Clientel
LPL Financial is broadening its suite of offerings to support financial advisors in delivering exceptional service to affluent clientele.
Kevin O’Leary Says He Will No Longer Invest in ‘Loser’ New York After Trump Verdict
“Shark Tank” investor Kevin O’Leary ripped into what he called “loser” New York and vowed to no longer invest in the state.
Moving to Florida Could Save Jeff Bezos at Least $600 Million. How Florida Became ‘Nirvana’ for the Superrich
Bezos's recent move from Seattle to Miami paying off. When he sold $2 billion worth of Amazon shares last week, he saved around $140 million in taxes.
Judge Voids Elon Musk's "Unfathomable" $56 Billion Tesla Pay Package
Delaware judge on ruled that Elon Musk's record-breaking $56 billion Tesla pay package could be tossed calling the compensation "an unfathomable sum".
JPMorgan Awards CEO Jamie Dimon $36 Million After Most Profitable Year Ever
JPMorgan Chase (JPM) boosted the compensation of CEO Jamie Dimon after the lender earned more money in 2023 than any American bank ever.
Zuckerberg Unloads Nearly Half Billion of Meta Stock
Mark Zuckerberg, the CEO of Meta Platforms, the parent company of Facebook, recently liquidated nearly half a billion dollars of Meta stock.
