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For decades, the president has claimed charitable deductions on golf courses he never gave away.Now, facing one of the most significant tax bills of his life, he’s pushing the scheme even further—and appears to be using the presidency to get away with it.
Senior Editor
California’s two wealthiest people have left the state over its proposed wealth tax, adding to a growing exodus from the Golden State that has helped shuffle the ranks of several state’s richest residents in recent years.
ByMatt Durot,
Deputy Editor
Money & Markets
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Berkshire HathawayBRK.B
JPMorgan ChaseJPM
VisaV
MastercardMA
Exxon MobilXOM
Costco Wholesale CorpCOST
Johnson & JohnsonJNJ
Procter & GamblePG
Home DepotHD
Bank of AmericaBAC
AbbVie Inc.ABBV
Palantir Technologies Inc.PLTR
Coca-ColaKO
Philip Morris InternationalPM
UnitedHealth GroupUNH
IBMIBM
Cisco Systems, Inc.CSCO
T-Mobile USTMUS
General ElectricGE
SalesforceCRM
ChevronCVX
Abbott LaboratoriesABT
Morgan StanleyMS
American ExpressAXP
Walt DisneyDIS
Uber Technologies, Inc.UBER
NVIDIA CorporationNVDA
TeslaTSLA
Forbes Vetted
Paravel is relaunching with a new and improved luggage collection that features a range of suitcases, packing cubes and totes.Here’s everything we know so far.
Editorial Assistant
News Break
Billionaire Updates
Musk unveiled a new Roadster model described as a flying car.
$921.7B+$13.2B
Elon Musk
Real Time Net Worth as of 10/19/2026
Bezos, the Amazon founder, said AI may allow a three-day work week.
$380.7B+$10.8B
Jeff Bezos
Real Time Net Worth as of 10/19/2026
LIVE POLL
4 Responses
Is current AI tech stock growth an economic bubble?
Also in the Forbes CEO newsletter: Executives get realistic about AI (but ROI is in sight), inflation trends upward, Eli Lilly’s CEO searches for the next game changing drug
Staff Writer.