French billionaire Bernard Arnault, tax havens and a new 500-million-euro megayacht

The head of the luxury goods group LVMH has just bought an enormous new motor yacht even bigger and even more expensive than his existing one. It has been acquired through a company registered in Malta, as was his current yacht, the Symphony. The estimated price of the new vessel is more than half a billion euros.

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The Bill Gates Problem

You know him as the founder of Microsoft; the philanthropic, kind-hearted billionaire who has donated endless funds to good causes around the world. But there’s another side to Bill Gates. In this fearless, groundbreaking investigation, Tim Schwab offers readers a counter-narrative, one where Gates has used his monopolistic approach in business to amass a stunning level of control over public policy, scientific research and the news media. Whether he is pushing new educational standards in America, health reforms in India or industrialized agriculture in Africa, Gates’s unbridled social experimentation has shown itself to be not only undemocratic, but also ineffective. All of which begs the question: why should the super rich be able to transform their wealth into political power, and just how far can they go?