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    Palm Beach, Never Richer, Is a Draw for Young MAGA. Locals Aren’t Pleased.

    Donald Trump’s presidency has turned this Florida island into the nightlife headquarters of MAGA, but the town’s old guard — much of it Republican — doesn’t love the new vibe.There are no star maps on Palm Beach, and many of its biggest estates are hidden behind elaborate landscaping. To learn what belongs to whom, and how much it cost, a guide is needed, and Dana Koch, who has been selling real estate here for 22 years, knows the area cold. He’s a veteran docent in a zoo where the creatures are billionaires and it’s difficult to see the cages.“Howard and Beth Stern live here,” he said, pointing to a gate flanked by shrubbery. “This whole place, he paid about $50 million for it years ago. Now it’s worth $200 million.”On it goes, an inventory of rich and famous people, a patter that rambles along, like Mr. Koch’s car, at about 10 miles an hour. Jon Bon Jovi lives there. That’s where Roger Ailes slipped in the shower and died. William Lauder built this, after buying Rush Limbaugh’s place for $155 million and tearing it down.Some homes are identified by job (N.F.L. owner, sugar magnate) others by names, (Dr. Oz, Tom Ford, Charles Schwab). That lot once belonged to Jeffrey Epstein, whose place was razed. A new house is under construction, and the owners, Mr. Koch speculates, are going to apply for a new address.After the election last year, in one week alone, $100 million of residential real estate was sold in Palm Beach.Martina Tuaty for The New York TimesThese have been busy months for Mr. Koch, 52, who is not related to the famous Republican donors. (“Same name, different bank account.”) Palm Beach is, of course, home to President Trump’s private club, Mar-a-Lago. After the election in November, there was a “Trump bump,” with $100 million worth of property on Palm Beach going under contract in the span of a week. Late last year, the Fox News host Sean Hannity purchased a $23.5 million mansion in nearby Manalapan, then spent $14.9 million on an oceanfront townhouse in Palm Beach in January. (He’d previously spent $5.3 million for a townhouse here in 2021.)We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    You Only Get Married a Few Times. Why Not Go All Out?

    As the Jeff Bezos-Lauren Sánchez nuptials approach, a look at how second weddings went from low-key to lavish. They were one of the world’s most famous couples, their future sealed when he renounced his throne for her and she renounced her husband for him. But so much disapproval surrounded the audacious affair between King Edward VIII of England and the American socialite Wallis Simpson that their eventual marriage, before a handful of guests in France in 1937, felt more like a perp walk than a wedding.“It was a sad little service,” Lady Alexandra Metcalfe, a wedding guest known as “Baba Blackshirt” because of her reputed Nazi sympathies, wrote in her journal. “It could be nothing but pitiable and tragic to see a King of England of only six months ago, an idolized King, married under these circumstances.”It seems quaint to remember the days when second weddings were typically quiet and modest affairs, especially after a bit of adultery. Perhaps there was a sense that everyone was allowed just one public spectacle-style wedding in a lifetime. Maybe it was considered indecorous to declare “til death do us part” once again, when death had clearly not parted you the first time you said it.That’s why former monarchs fled to France and commoners had small, tasteful celebrations, perhaps at City Hall, the brides wearing outfits like “a gray suit and a pillbox hat,” as the high-end event planner Bryan Rafanelli described it in an interview.In contrast, let us consider the 2025 version of a royal wedding: the forthcoming marriage in Venice between Jeff Bezos, the billionaire king of Amazon, and the ex-TV host and helicopter pilot Lauren Sánchez. Having entered public consciousness when their racy texts were leaked to the tabloids during their previous marriages, their relationship — buoyed and insulated by Mr. Bezos’ estimated $228 billion fortune — has always had the feel of an extended P.D.A. victory lap.Depending on what you read, the wedding will cost $15 million, or $20 million. Or maybe it will be scaled back to under $10 million because of the couple’s supposed decision to be “less ‘Marie Antoinette’” after the Blue Origin spaceflight this spring featuring Ms. Sánchez and a group of her famous female friends. The 11-minute mission suffered from a bit of a P.R. problem when the women donned sexy space outfits, discussed their extraterrestrial makeup routines and, in the case of Katy Perry, declared the intention to “put the ‘ass’ in astronaut.”We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Donald Trump and Elon Musk’s Fight Brings the Memes Out in Full Force

    What happens when two billionaires with huge followings on social media start a public feud? Great memes.It was a messy divorce, and the internet was watching from the sidelines. So of course, the memes were out in full force.As the relationship between President Trump and Elon Musk unraveled publicly on Thursday, bystanders flooded social media with memes comparing them to the main figures in some of the most legendary feuds, including the teenage frenemies of “Mean Girls” and the rappers Drake and Kendrick Lamar.“The big beautiful bill led to the big beautiful breakup,” one person observed on X, Mr. Musk’s social media platform, referring to the disagreement over Mr. Trump’s domestic policy bill that set off the clash. An X account devoted to political jokes posted a doctored image of an iPhone emergency alert: “THE GIRLS ARE CRASHING OUTTTTT,” it announced.It’s “like Kendrick v. Drake but with two Drakes,” another X user posted, comparing Mr. Trump and Mr. Musk to the rapper who was perceived as having definitively lost his feud with Mr. Lamar after Mr. Lamar performed a diss track at the Super Bowl in February.Other scenarios recast Mr. Trump and Mr. Musk as a divorced couple sharing custody of their child, Vice President JD Vance; supermarket lobsters being egged on to fight; and two monkeys engaged in a knife fight surrounded by cheering spectators clutching fistfuls of money — a scene from a 2000 episode of “The Simpsons.”We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    What Does Ultra Wealth Look Like?

    In HBO’s “Mountainhead,” the “Succession” creator Jesse Armstrong uses subtle status symbols — and a secluded $65 million ski chalet — to convey hierarchy among the 0.001 percent.When Paul Eskenazi, the location manager for “Mountainhead,” a new film from the “Succession” showrunner Jesse Armstrong, set out to find a house to serve as the primary setting for this satire about a group of ultrarich tech bros, he needed a very specific kind of extravagance. In the same way that “Succession,” which Eskenazi also worked on, reveled in “quiet luxury,” “Mountainhead” needed its moneyed protagonists to be living large but without flamboyance. Its characters are too wealthy for mere McMansions, and not any private residence would do.Portraying how the ultrawealthy really live — with all their subtle signals and status cues — has become something of a specialty for Armstrong and Eskenazi. It’s about not just private jets and sprawling homes, but the quiet hierarchies within the top 1 percent. There’s a pecking order between the 0.01 percent and the 0.001 percent, the kind of distinction that insiders equate to owning a Gulfstream G450 versus a Gulfstream G700.From left, Cory Michael Smith, Steve Carell, Jason Schwartzman and Ramy Youssef in “Mountainhead.”Courtesy of HBOWhen Eskenazi found a lavish, 21,000-square-foot ski chalet built into a hill of Deer Valley in Utah, he knew it was the right fit — not because it was so large and impressive, though it’s certainly both, but because its extravagance had a subtlety that made it almost understated.“There’s a kind of quiet wealthy embedded in that location that doesn’t necessarily scream at you. It reveals itself slowly,” Eskenazi said, pointing out that it has a private gondola with direct access to a nearby ski resort. “It’s not flashy, but it’s deeply exclusive — the kind of feature that signals a level of access and control money affords without ever needing to show off.”“Mountainhead” is a tightly wound satirical chamber drama about four rich friends in tech who gather for a weekend of carousing while the world is plunged into chaos. There’s Venis (Cory Michael Smith), the founder of a Twitter-like app whose new A.I. creator tools have triggered a tidal wave of online disinformation; Jeff (Ramy Youssef), whose content-moderation software holds the key to resolving global strife; Randall (Steve Carrell), an elder plutocrat with a philosophical bent; and Hugo (Jason Schwartzman), whose meager $500 million net worth has earned him the nickname “Soups,” for “soup kitchen.”We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Elon Musk, Distanced From Trump, Says He’s Exiting Washington and DOGE

    Elon Musk took a swipe at President Trump’s signature domestic policy legislation, saying it would add to the national deficit. He complained to administration officials about a lucrative deal that went to a rival company to build an artificial-intelligence data center in the Middle East. And he has yet to make good on a $100 million pledge to Trump’s political operation.Mr. Musk, who once called himself the president’s “first buddy,” is now operating with some distance from Mr. Trump as he says he is ending his government work to spend more time on his companies. Mr. Musk remains on good terms with Mr. Trump, according to White House officials. But he has also made it clear that he is disillusioned with Washington and frustrated with the obstacles he encountered as he upended the federal bureaucracy, raising questions about the strength of the alliance between the president and the world’s richest man.Mr. Musk was the biggest known political spender in the 2024 election, and he told Mr. Trump’s advisers this year that he would give $100 million to groups controlled by the president’s team before the 2026 midterms. As of this week, the money hasn’t come in yet, according to multiple people familiar with the matter, who spoke on the condition of anonymity to describe the behind-the-scenes dynamic.Mr. Musk did not respond to a request for comment. In a post on X, his social media site, on Wednesday night, he officially confirmed for the first time that his stint as a government employee was coming to an end and thanked Mr. Trump “for the opportunity to reduce wasteful spending.”“The @DOGE mission will only strengthen over time as it becomes a way of life throughout the government,” he added, referring to his Department of Government Efficiency team.The billionaire’s imprint is still firmly felt in official Washington through that effort, an initiative to drastically cut spending that has deployed staff across the government. But Mr. Musk has said in recent days that he spent too much time focused on politics and has lamented the reputational damage he and his companies have suffered because of his work in the Trump administration.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Another Suspect Is Arrested in Bitcoin Kidnapping and Torture Case

    The man, William Duplessie, surrendered to the police Tuesday morning. Authorities have said the victim was an Italian man who was tormented in a luxury Manhattan townhouse for weeks.A third person accused of kidnapping a man and torturing him for nearly three weeks to steal his Bitcoin fortune surrendered to the police on Tuesday morning, said Police Commissioner Jessica S. Tisch.The police identified the man, who has connections to Switzerland and Miami, as William Duplessie. He had spent days negotiating his surrender with the Police Department after the arrest on Friday of two others, John Woeltz, a cryptocurrency investor, and Beatrice Folchi, according to two law enforcement officials briefed on the matter. Ms. Folchi was quickly released and her prosecution was deferred, one of the officials said.“We know he is going to be charged, with Mr. Woeltz, with kidnapping and false imprisonment of an associate,” Commissioner Tisch said in an interview on Fox 5 of Mr. Duplessie, shortly after he turned himself in.The episode burst into public view on Friday morning when the victim, an Italian man, escaped from the lavish, 17-room townhouse in the NoLIta neighborhood of Manhattan where he had been held captive and flagged down a traffic agent.The victim, Michael Valentino Teofrasto Carturan, and Mr. Woeltz had ties to a crypto hedge fund in New York, according to an internal police report relayed by a third law enforcement official.But Mr. Carturan and Mr. Woeltz fell out over money and Mr. Carturan flew to Italy, according to the report. Soon after, Mr. Woeltz persuaded him to return to New York.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    New York’s Deepest Pockets Turn Out to Fight Poverty

    Thousands of Wall Street big shots crowded into the Javits Center Monday night for the annual Robin Hood gala. Founded in 1988, Robin Hood is one of New York’s largest anti-poverty groups, and its yearly fund-raiser lures the city’s deepest pockets for a night that results in millions in grants.A sea of men in navy jackets and brown oxfords filed through metal detectors to enter the cavernous hall, which was decked out with sports-themed decorations that included a giant inflatable basketball and baseball mitt. Thirsty bankers and hedge fund managers ordered vodka tonics and pours of Johnnie Walker Black Label at a bar housed in a soccer net. Boxers standing on small podiums jabbed at bright green punching bags that read “#fightpoverty.”After a marching band and a cheerleading squad performed, some 3,500 guests filed into an arena-like dining hall filled with hundreds of tables populated with sports, politics and finance figures. They included the National Football League’s commissioner Roger Goodell, the former N.F.L. quarterback Colin Kaepernick, the philanthropist Laurie M. Tisch and former Mayor Michael Bloomberg. Serena Williams sat beside her husband, Alexis Ohanian, one of the founders of Reddit and a Robin Hood board member.As the former New York Giants quarterback Eli Manning tucked into a plate of fried chicken, he considered the importance of giving back.“This city is filled with the people who root for me and who have rooted for me,” Mr. Manning said, “and I think all New York athletes and sports teams have a responsibility to give back.”Gov. Kathy HochulDolly Faibyshev for The New York TimesWe are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Elon Musk Leaves Washington Less Than Legendary

    The partnership between the president and the richest man in the world is coming to an end. There is one clear loser in the breakup of this affair, and it is Elon Musk.He fell from grace as effortlessly as he had risen. Like a dime-store Icarus, he took too many chances, never understood the risks and flew too close to the sun. Wrapped in the halo of his social-media superstardom, he was blinded to the reality of his circumstances until it was too late.Mr. Musk has already inked several lucrative federal contracts and could get far more, but he leaves Washington with his reputation as a genius jack-of-all-trades — a reputation he relied on to boost his company’s stock prices and win investors for his ambitious adventures — severely damaged. Once likened to the Marvel superhero Tony Stark, he is becoming increasingly unpopular. Many formerly proud owners of his Tesla electric cars are trading them in or pasting apologies on their bumpers. Sales have plummeted.Mr. Musk is hardly the first wealthy businessman to decamp to Washington: The Gilded Age millionaires, top hats in hand, focused on currying favor with the Senate, where laws were made and tariffs determined. With the collapse of the economy, the New Deal and the coming of a world war, the White House began to play a significantly larger role in directing the economy, and the businessmen paid it more attention. Dozens of them descended on the capital; others joined the cabinet. No matter when or in what position they served, however, they played by Washington’s rules, taking on well-defined, limited responsibilities and, for the most part, staying out of public view.Mr. Musk broke with that tradition. Nobody was going to shut him up or rein him in. He was in the White House with his 4-year old son on his shoulders, on the stage of a Conservative Political Action Conference rally, promoting his cost-cutting crusade by waving a chain saw. He and his Department of Government Efficiency deputies spread chaos through Washington, locking staffers out of computer systems, gaining access to personal data on private citizens and identifying government employees they deemed expendable.At first, President Trump appeared to endorse every cost-cutting move by his unorthodox adviser, declaring on social media that he and his cabinet were “EXTREMELY HAPPY WITH ELON.” But Mr. Musk then violated the cardinal rule of Trumpland by daring to criticize the president’s policies and appointees — not just once or twice, but with remarkable consistency.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More