Tag Archives: Billionaires

Palm Beach, a suburb? Not likely, residents say

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Residents were taken aback when GoBanking.com recently categorized the luxury haven as a “suburb.” Local agents agree that Palm Beach is “a category by itself.” Continue reading →

$110M Aspen mansion primed to set Colorado record

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The seller of the 4.5-acre property at the base of Red Mountain is Canadian professional hockey player-turned-entrepreneur Patrick Dovigi. The buyers are former casino mogul Steve Wynn and financier Thomas Peterffy. Continue reading →

Jeff Bezos adds $90M mansion to Miami property portfolio

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The mansion marks the Amazon founder’s third such purchase on Indian Creek Island, an exclusive enclave in Miami with limited availability. Continue reading →

Matt Beall: Hawaii’s market is ‘extraordinarily strained’

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The Hawaii Life CEO said after pandemic demand and the Maui fires, inventory has been sparse. But he also said the market is finding its way back to seasonality, and philanthropic giving and community involvement are at a high. Continue reading →

America’s wealthiest real estate billionaires in 2023

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From multifamily unit holdings to industrial properties, some of real estate’s wealthiest billionaires made out better than others this year. Collectively, Forbes’ list of the 25 wealthiest real estate tycoons are worth about $139 billion. Continue reading →

The number of US billionaires grew in 2022. Here’s where they live

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Not surprisingly, America’s billionaires are largely clumped in coastal cities, according to a new analysis showing where they are located in 2022 and how that changed from 2021. Continue reading →

How luxury clients may be impacted by Biden’s wealth tax proposal

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The “Billionaire Minimum Income Tax,” as outlined in Biden’s proposal, would require households worth more than $100 million to pay a tax of at least 20 percent on both their income and any unrealized gains — including real estate. Continue reading →

Amid IPO craze, mortgage industry CEOs join Forbes’ billionaires list

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Mat Ishbia of United Wholesale Mortgage and Anthony Hsieh of loanDepot joined Rocket’s Dan Gilbert on Forbes’ list of billionaires after taking their companies public. They are now some of the richest men in the mortgage industry. Continue reading →