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Ms. Odell is the author of the Back Row newsletter and “Anna: The Biography.” If you spend enough time around the very rich these days, it’s clear. People didn’t look like this before because people ...

Mayor Zohran Mamdani wants to raise income taxes on New York City’s millionaires. Tax increases elsewhere have not led to an exodus, but some worry the city is reaching a tipping point. By Emma G.

Steve Roth was responding to the announcement by New York’s mayor of tax on second homes worth more than $5m Sign up for the Breaking News US newsletter email The phrase “tax the rich” can be “just as ...

No one likes higher taxes. But New York City Mayor Zohran Mamdani’s plan to tax wealthy residents’ second homes has elicited a highly emotional response from two of the city’s richest. “Creepy and ...

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America’s great fortunes span the nation—from Oregon to Rhode Island, Montana to Texas. But the wealth isn’t spread evenly from sea to shining sea. More than half of the 400 richest people in the U.S.