A lawsuit pitted the former chairman’s widow and daughters against the son he adopted, challenging the patriarchal traditions of a $10 billion conglomerate.
A sudden influx of cash can offer a sense of relief for a young person. But for those grieving a loss or dealing with large sums of money for the first time, it can also feel overwhelming.
The billionaire investor paid Jeffrey Epstein $158 million for tax and estate planning services. Lawmakers want to know if the fees should have been taxed as a gift.
Marlene Engelhorn, 30, heir to a fortune, isn’t interested in philanthropy, believing it only perpetuates existing power dynamics. She’s calling for structural change to how the ultrarich are taxed.