billionaires

Tax

Tax-Evading Toymaker Gets Slap on the Wrist

Billionaire H. Ty Warner, the sixty-nine-year-old founder of the Beanie Baby franchise, could have been sent to federal prison for five years for tax evasion. Instead, a US district court judge in Chicago treated the toy magnate with kid gloves.
Tax

Mark Zuckerberg Will Continue Paying a Lot of Taxes

For most of us, it might not be so unusual to double our tax bills in one year. That is, unless last year’s tax bill was a billion dollars.
Tax

Will Beanie Baby Founder Do the Time for His Tax Crime?

If the IRS gets its way, H. Ty Warner, creator of the Beanie Baby toy franchise, won’t be enjoying plush surroundings the next five years, he’ll be spending the time in prison for tax evasion.