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qwant news | Exclusive | Palantir's Alex Karp is assembling a $75M compound in Miami Beach -- after shelling out $28.5M for a waterfront teardown AI generated summary, Read the full article for complete information. Billionaire Palantir CEO Alex Karp is assembling a $75 million waterfront compound in Miami Beach, securing 265 feet of water frontage across two adjacent properties: a $28.5 million teardown at 29 East San Marino Drive on the Venetian Islands, which includes a 1935 bungalow, pool and dock on a third‑of‑an‑acre lot with 105 feet of frontage, and a nearby parcel he bought last summer for $46 million at 55 East San Marino Drive. Both acquisitions were made through anonymous shell companies and brokered by Joel Lusky of Brokerage South Florida Real Estate, and Karp plans to combine them into a single, expansive compound. The purchases coincide with Palantir’s recent relocation of its headquarters from Denver to Aventura, Florida, and reflect a broader trend of tech billionaires—including Peter Thiel, Mark Zuckerberg, Larry Page and Sergey Brin—investing heavily in luxury Miami‑area real estate. Read more: https://nypost.com/2026/04/30/real-estate/palantirs-alex-karp-is-assembling-a-75m-compound-in-miami-beach-after-shelling-out-28-5m-for-a-waterfront-teardown/ #AlexKarp #Palantir #JoelLusky #PeterThiel #MarkZuckerberg #JeffBezos #IvankaTrump #JaredKushner #LarryPage #SergeyBrin

qwant news | The SEIU declares war on California's tax base — and its economy AI generated summary, Read the full article for complete information. The Service Employees International Union (SEIU) is pushing the “2026 Billionaire Tax Act,” which would impose a one‑time 5 % tax on the net worth of California’s ultra‑wealthy, earmarking 90 % of the revenue for health‑care spending that directly benefits the union and its members. While the initiative has gathered enough signatures to qualify for the Nov. 3 ballot, critics argue the tax could trigger a new wave of billionaire exoduses—already seen with figures like Larry Page, Mark Zuckerberg, Sergey Brin, Larry Ellison and Peter Thiel—potentially costing the state $13 billion in personal‑income tax and up to $25 billion in broader economic revenue. The SEIU’s pursuit follows revelations of extensive Medi‑Cal fraud, yet opponents warn that the tax’s projected $100 billion revenue is unrealistic, and that wealthier residents will employ legal tactics to minimize liability, further depressing asset values and harming California’s economy for generations. Read more: https://nypost.com/2026/04/28/opinion/the-seiu-declares-war-on-californias-tax-base/ #SEIU #DaveRegan #Medi_Cal #UnitedHealthcare #LarryPage #MarkZuckerberg #SergeyBrin #LarryEllison #PeterThiel