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...The Chan Zuckerberg Initiative, co-founded with his wife Priscilla Chan, has called itself “a new kind of philanthropy”, registering as a limited liability company....
...Wyoming invented the Limited Liability Company structure in 1977, but Delaware industrialised it in the 1980s and 1990s, becoming the destination of choice for company owners wanting to maximise business...
...He duly orders a half-dozen oysters to share and a “French dip” steak sandwich with fries. I opt for “acorn-fed” pork belly “from the ranch”....
...These are some mountains in Carinthia, Austria. Bucolic....
...The state offers a structure known as a limited liability company, which can be registered with not much more than a name and address....
...There are at least two other US houses currently available for $100m or more – a Palm Beach mansion owned by developer Donald Trump and the “mountain home” of Joel Horowitz, co-founder and former chief executive...
...But he says they continue to flourish in the US where single member Limited Liability Companies (LLCs) – which are essentially shell companies into which people can place funds – are widely used as a substitute...
...The US went through that process in the 1980s and settled on a plan to bury its radioactive waste under Yucca Mountain in the Nevada desert. Following years of challenges, President George W....
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