A billionaire was accused of stealing Malibu sand. Now he’s donating a new beach to the public

Beachgoers may be the big winners in a high-profile dispute between the California Coastal Commission and Mark Attanasio, the billionaire businessman who owns the Milwaukee Brewers baseball team. In 2024, Attanasio’s construction... Read more »

Billionaire Craigslist Founder Reveals Why He Quit San Francisco for New York

Craigslist founder Craig Newmark has revealed why he chose to ditch San Francisco in order to become a full-time philanthropist on the East Coast.   In a recent candid interview with SFGATE, the... Read more »
Billionaire Stephen Ross Unveils His Vision for ‘Wall Street of the South’

Billionaire Stephen Ross Unveils His Vision for ‘Wall Street of the South’

Billionaire real estate developer Stephen Ross has launched a 10,000-square-foot immersive Experience Center in downtown West Palm Beach, FL, showcasing his vision for transforming the area into the “Wall Street of the... Read more »
Bankrupt Chinese Billionaire Finally Finds Buyer for  Million Home

Bankrupt Chinese Billionaire Finally Finds Buyer for $12 Million Home

Jailed billionaire Miles Guo has appears to have secured a buyer for his palatial New York City apartment—just one month before he is due to be sentenced for his role in a... Read more »
Would Lotto Winner Edwin Castro Get Hit With California Billionaire Tax?

Would Lotto Winner Edwin Castro Get Hit With California Billionaire Tax?

California resident Edwin Castro is the biggest lottery winner of all time, after hitting a $2.04 billion Powerball jackpot in 2022. But would he be liable under a proposed California law to... Read more »
Palo Alto Rejects Proposed Ban on Billionaire Megacompounds

Palo Alto Rejects Proposed Ban on Billionaire Megacompounds

Palo Alto, CA, has balked at an ambitious proposal to crack down on billionaires creating multiproperty compounds, such as Mark Zuckerberg’s highly controversial 11-home spread. The Palo Alto City Council on Monday... Read more »
Sam Altman’s  Million San Francisco Mansion Targeted by Molotov Cocktail

Sam Altman’s $65 Million San Francisco Mansion Targeted by Molotov Cocktail

San Francisco police have arrested a man accused of throwing a molotov cocktail at OpenAI CEO Sam Altman‘s $65 million home—and allegedly making threats outside of his company’s headquarters in the city.... Read more »
AI boom catapults San Francisco median home price above  million

AI boom catapults San Francisco median home price above $2 million

The artificial intelligence boom has driven up San Francisco’s median home sales price to a record $2.15 million. Real estate brokerage firm Compass said that recent transactions showed that some parts of... Read more »
Billionaire Mall Magnate, David Simon, Leaves Legacy of Shopping Centers Behind

Billionaire Mall Magnate, David Simon, Leaves Legacy of Shopping Centers Behind

David Simon, CEO of Simon Property Group—the largest mall owner in the country—died Sunday at age 64. He’d been diagnosed with pancreatic cancer in 2024—and, according to a press release, Simon passed away... Read more »
Bernie Sanders Plays LA In Push for Billionaire Tax Act

Bernie Sanders Plays LA In Push for Billionaire Tax Act

U.S. Senator Bernie Sanders aimed for California’s class of tech titans and struck the heart of the Golden State’s luxury residential real estate market in leading a rally for the proposed 2026... Read more »