Warren Buffett’s Son Didn’t Know His Father Was a Billionaire Until His 20s: What California Families Can Learn About Wealth Transfer and Estate Planning

Warren Buffett’s Son Didn’t Know His Father Was a Billionaire Until His 20s: What California Families Can Learn About Wealth Transfer and Estate Planning

If you’re a California resident managing significant assets or planning how to pass your wealth to the next generation, Warren Buffett’s approach to family wealth offers powerful lessons about discretion, values, and... Read more »
Google Billionaire Larry Page Snaps Up 2 Miami Mansions for 3 Million—After Moving Business Out of California Amid Wealth Tax Threat

Google Billionaire Larry Page Snaps Up 2 Miami Mansions for $173 Million—After Moving Business Out of California Amid Wealth Tax Threat

Billionaire Google co-founder Larry Page has reportedly splashed out more than $173 million to snap up two mansions in the tony Miami enclave of Coconut Grove—days before it was claimed that the... Read more »
Why is a Monaco billionaire snapping up properties in Carmel and Big Sur?

Why is a Monaco billionaire snapping up properties in Carmel and Big Sur?

CARMEL-BY-THE-SEA, Calif. —  People call it “The Pit.” It’s a massive, unsightly hole in the ground — the site of a construction project in downtown Carmel-by-the-Sea whose previous owners ran out of money... Read more »
Billionaire accused of stealing sand in Malibu, lawsuit says

Billionaire accused of stealing sand in Malibu, lawsuit says

California’s beaches are public, but on the sands of Malibu, one billionaire has been accused of stealing a slice of paradise — or at least a few scoops of it — for... Read more »
Biotech Billionaire Buys El Segundo Office Building for M

Biotech Billionaire Buys El Segundo Office Building for $25M

NantWorks, the biotech holding company run by Los Angeles-based billionaire Patrick Soon-Shiong, has bought another El Segundo office building, boosting its portfolio of office, land and data centers in the South Bay... Read more »
Billionaire Robert Friedland ID’d as M Beach Estate Buyer

Billionaire Robert Friedland ID’d as $47M Beach Estate Buyer

Billionaire mining magnate Robert Friedland has been identified as the mystery buyer of a 2-acre bluffside estate in Carpinteria last fall for $46.9 million. The founder of Vancouver-based Ivanhoe Mines and his... Read more »
Billionaire Taylor Thomson Sells Bel-Air Estate for M

Billionaire Taylor Thomson Sells Bel-Air Estate for $27M

Digital business entrepreneur Katherine Power has bought a century-old mansion in Bel-Air for $27 million — or $16 million off its initial asking price. The co-founder of fashion e-commerce site Who What... Read more »