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Category: High Net Worth Individuals

Manchester United Owners Consider Sale of Storied Club

The Glazer family has hired advisers to weigh its options for the multibillion-dollar soccer club, which it has owned since 2005.

Carried Interest Is Back in the Headlines. Why It’s Not Going Away.

Changes demanded by Senator Kyrsten Sinema will preserve a tax loophole that Democrats have complained about for years.

What Would the New Carried Interest Loophole Proposal Do?

Legislation agreed to by top Democrats falls far short of closing a tax loophole that party leaders have complained about for years but would narrow its preferential treatment.

Packing Pitchforks for the Hamptons

Along for an early morning “billionaire wake-up call” with protesters on Meadow Lane.

How Roman Abramovich Used Shell Companies and Wall Street Ties to Invest in the U.S.

Using a network of banks, law firms and advisers in multiple countries, Roman Abramovich invested billions in American hedge funds.

How Private Equity Firms Avoid Taxes

The I.R.S. almost never audits private equity firms, even as whistle-blowers have filed claims alleging illegal tax avoidance.

Invest Like a Pro (Athlete)? It Could Be Profitable, and Risky

With interest in private investments on the rise, getting into deals can take more than money. The cachet of pro athletes is one group’s way of differentiating itself.

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