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With sharp rise in incorporations, Wyoming cements reputation as US secrecy haven

Wyoming — the least populated U.S. state — has overtaken Delaware for the most corporate registrations per capita, cementing the Cowboy State’s reputation as a top secrecy destination for the ultrawealthy, according to new data released today. The analysis, compiled by corporate data firm OpenCorporates and shared with the International Consortium of Investigative Journalists, shows...

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Dutch yacht maker that built Jeff Bezos’ $500 million superyacht fined for Myanmar teak usage

Dutch prosecutors have fined the company that built Jeff Bezos’ $500 million superyacht after discovering that it had used teak wood from Myanmar in violation of European laws, according to the Dutch newspaper NRC. On Nov. 26, the Netherlands Public Prosecution Service imposed a $157,000 fine on Oceanco for using the “wrong timber” during the...

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