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Wednesday, December 25, 2024

What is spiderweb capitalism? Inside the intricate system that lets the super-rich hide their cash

For her new book, author Kimberly Kay Hoang researched a complex web of interconnected subsidiaries that are virtually impossible to identify and track. The wealth gap isn’t isolated to just the United States. There’s the rich and then the uber-rich, who despite their stratospheric wealth, are …

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