Author name: Szabi

Would Lotto Winner Edwin Castro Get Hit With California Billionaire Tax?

Would Lotto Winner Edwin Castro Get Hit With California Billionaire Tax?

California resident Edwin Castro is the biggest lottery winner of all time, after hitting a $2.04 billion Powerball jackpot in 2022. But would he be liable under a proposed California law to tax the wealth of billionaires? The answer, it turns out, is complicated and far from clear. But Castro’s case highlights the difficulty ofRead …

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The Rise of Preserve Living

The Rise of Preserve Living

As affluent buyers rethink what constitutes luxury real estate, a notable shift is underway: from urban pied-à-terres toward expansive, legacy-driven land ownership. Increasingly, high-net-worth individuals are prioritizing acreage, privacy, and long-term stewardship over sheer interior square footage and chic ZIP codes. The result is a growing demand for large-scale properties within a few hours ofRead …

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