A Houston billionaire is accused of using a complex web of trusts and limited liability companies to prevent his wife from accessing cash and the 13 homes they acquired together
In 2011, Texas financier Wilbur Edwin “Ed” Bosarge and his wife of 22 years, Marie Bosarge, used a trust to buy, for about $45 million, a flat on Belgrave Square in London, an area nicknamed “Billionaire Square.” Mrs. Bosarge said she then set about decorating the home with the help of interior designers.
Flying back and forth between London and Houston over the next two years, she said she hand-selected furnishings, such as wallpaper in a nautical “Tradewinds” pattern in a nod to the couple’s love of sailing. She even ordered...
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
WSJ News Exclusive | Saudis Take Big Stakes in European Oil CompaniesSaudi Arabia’s sovereign-wealth fund has amassed stakes worth roughly $1 billion in four major European oil companies, buying assets it perceives as undervalued in a market depressed by the coronavirus and low oil prices.
Read more »
New data suggest U.S. coronavirus death toll may not be as high as fearedData suggest the U.S. death toll from the coronavirus may be around 60,000, which isn't as high as previously projected. But the crisis is far from over.
Read more »
Any Rent Is Too Damn High: A Proposal for the Coronavirus EconomyWhen rent came due on April 1st, millions of Americans couldn’t pay. We talked to New York State Senator Michael Gianaris about his plan to forgive rent for three months in the state
Read more »
'I'm heartbroken entirely': Coronavirus threatens high school seniors' graduation dreams“I know logically that it’s gonna get canceled, but I just keep hoping that it won’t. Because it kind of feels like that little bit of hope is the only thing getting me through it.”
Read more »
States rewrite rulebooks to get high school seniors to Graduation DayAmerican high schools have a problem: Seniors need diplomas, but a global pandemic has canceled weeks and months of classes. Now states are rewriting graduation requirement rulebooks to help students across the finish line.
Read more »
TV Ratings: ‘Modern Family’ Series Finale Scores 3-Year High 7.4 Million Viewers“Modern Family” went out with a ratings bang after 11 seasons on Wednesday night. The series finale delivered a 1.6 rating among adults 18-49 and a whopping 7.4 million total viewers, w…
Read more »