The crypto market began the week on a positive note as Bitcoin, the leading cryptocurrency, reached its new highs for 2023. On March 14, the flagship currency hit $26,000 before experiencing a downtur...
Tag: Billionaire
Bitcoin Will Soon Shatter $250,000 Per BTC, Says Billionaire Tim Draper – Here’s His Timeline
Billionaire venture capitalist Tim Draper believes Bitcoin is hurtling toward a staggering $250,000 Bitcoin (BTC) price tag. In a new exchange with the Observer, Draper says Bitcoin is at the start of...
Billionaire ‘Bond King’ Jeffrey Gundlach Expects Fed to Raise Rates Next Week — ‘That Would Be the Last Increase’ – Economics Bitcoin News
Billionaire Jeffrey Gundlach, aka the “Bond King,” expects the Federal Reserve to raise interest rates at its March meeting next week, which “would be the last increase,” he said. In addition, Gundlac...
Hedge fund billionaire Ken Griffin says US should have let SVB die
Hedge fund boss Ken Griffin says the US government should have allowed Silicon Valley Bank to go under as a “lesson in moral hazard,” rather than stepping in with a rescue package, reports the Financi...
Masatoshi Ito, Japanese Billionaire Who Built 7-Eleven Into A Global Convenience Store Empire, Dies At Age 98
Masatoshi Ito KIMIMASA MAYAMA/BLOOMBERG Japanese billionaire Masatoshi Ito, who helped build 7-Eleven into a global giant, died on Friday at the age of 98. Ito’s company, Seven & i Holdings,...
Korean Founder Of Battery Component Maker Becomes A Billionaire Amid Electric Vehicle Surge
getty As the growing popularity of electric vehicles charge up demand for battery components, shares of South Korea-listed chemicals group EcoPro have surged almost 230% since the beginning of the yea...
Billionaire Kwee Brothers’ Pontiac Land Launches Capella Sydney In Global Push Promising 7 More Hotels By 2025
The Capella Sydney is in the central business district of the Australian city. Courtesy of Pontiac Land After seven years of planning and construction work costing at least A$300 million ($197 million...
Billionaire Warns of Imminent Bank Runs if Government Fails to Guarantee All SVB Deposits – Economics Bitcoin News
Billionaire Bill Ackman has warned of “vast and profound” consequences of the U.S. government letting Silicon Valley Bank (SVB) fail without protecting all depositors. “No company will take even a tin...
Life Lessons And 17 Stock Ideas From Billionaire Value Investor Mario Gabelli
The Bronx-born mutual fund maven illustrates the value of education and hard work, and offers a trove of his best ideas for the current market. The old cynical adage that holds that the best way to en...
Embattled Billionaire Hui Ka Yan Can’t Reach A Deal With Evergrande’s International Creditors
Hui Ka Yan speaks during a news conference on the sidelines of the fourth session of the 12th National People’s Congress in 2016 in Beijing. Etienne Oliveau/Getty Images Hui Ka Yan has made repe...
Billionaire Forrest Li’s Wealth Jumps $919 Million Overnight As Sea Posts First-Ever Quarterly Profit
Forrest Li, chairman and group chief executive officer of Sea Ltd., poses for a photograph in … [+] Singapore on Wednesday, July 8, 2020. Demand for Sea’s mobile games and online-shopping ...
Billionaire Charlie Munger’s Investment Advice Could Make Gen Z Rich — With A Little Patience
Charlie Munger is the billionaire extraordinaire who wears many hats, including being the director of Daily Journal Corp. and the longtime vice chairman of the legendary Warren Buffett’s holding...
Ethereum Creator Vitalik Buterin Nets Nearly $700,000 As Billionaire Sells All His Free Memecoins: On-Chain Data
A leading blockchain tracking firm says Ethereum (ETH) creator Vitalik Buterin is selling all his free meme coins that he was gifted. According to data from Lookonchain, Buterin recently sold $693,000...
After Nailing 2022 Collapse, Billionaire Chamath Palihapitiya Warns Stock Market in Midst of Worst Earnings Gap in 30 Years
Billionaire Chamath Palihapitiya is issuing a warning to investors, saying that the fundamentals of the US stock market are starting to look shaky. In a new All-In Podcast episode, Palihapitiya, who n...
Billionaire Ken Griffin hit as Silvergate stock price plunges
It is tough being a crypto-focused bank. Silvergate (NYSE: SI) stock price plunged to a historic low as concerns about the bank continued. The shares ended the day at $13.5 on Wednesday and then crash...
Billionaire Charlie Munger Reveals Why Berkshire Hathaway has an $88 Billion Pile of Cash
The S&P 500 dipped by 19% in 2022, but stocks still don’t seem cheap to Charlie Munger, Warren Buffett’s billionaire partner at Berkshire Hathaway. “In my whole adult life, I have never hoarded ca...
Billionaire Israel Englander Is Making Huge Bets on These 2 ‘Strong Buy’ Stocks
After the year’s early rally appeared to hit a brick wall in recent times, the markets seem uncertain which direction to take next, making the seesawing conditions not easy for investors to navigate. ...
Winning ‘Dookey Dash’ Key NFT Sells to Billionaire for $1.63 Million in Ethereum
Esports player Kyle “Mongraal” Jackson has sold his winning “Dookey Dash” key NFT to billionaire entrepreneur Adam Weitsman for 1,000 ETH, or $1.63 million, the 18-year-old gamer announced Monday. Mon...
After Accurately Predicting Global Market Meltdown, Billionaire Chamath Palihapitiya Issues New Alert to Investors
Billionaire venture capitalist Chamath Palihapitiya is issuing a warning to investors that the markets are facing heightened tail risks. In a recent interview, Palihapitiya, who called the impending c...
Crypto Billionaire Sends $327,000,000 in Ethereum (ETH) to DeFi Staking Project: On-Chain Data
Crypto billionaire Justin Sun has sent hundreds of thousands of Ethereum (ETH) to liquid staking service Lido Finance (LDO). The blockchain-tracking Twitter account Lookonchain reports that the Tron (...
Billionaire Lasry Reportedly Sells Stake In NBA’s Bucks To Haslam
Topline Marc Lasry, the billionaire co-owner of the Milwaukee Bucks, sold his stake in the NBA team to the billionaire Haslam family, several outlets reported Monday morning, at a valuation that’s amo...
Real estate billionaire Sam Zell just warned that hot inflation isn’t going away anytime soon — here are 3 shockproof assets to help protect your wealth
With headline inflation figures coming down and a strong labor market, some say that the U.S. economy could be on its way back up. But billionaire investor Sam Zell does not share that optimism. Don&#...
Salesforce and Billionaire Marc Benioff Face a Defining Moment
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, February 27, 2023 Today’s newsletter...
Billionaire Chamath Palihapitya Says Bitcoin’s Explosive Rise Will Pale In Comparison to What’s Coming Next
Billionaire venture capitalist and early Bitcoin (BTC) investor Chamath Palihapitya says he believes a number of emerging trends are offering the greatest opportunity of his investing career. In a fir...
Billionaire ‘Bond King’ Jeffrey Gundlach Warns of ‘Painful Outcomes’ in Next Recession – Economics Bitcoin News
Billionaire Jeffrey Gundlach, aka the “Bond King,” has warned of “painful outcomes that are coming in the next recession.” Commenting on the Federal Reserve’s attempt to curb inflation, he cautioned: ...
Billionaire Steve Cohen Goes Big on These Solar Stocks — Here’s Why You Should Follow
Supply chain snags have been the bane of many industries over the last couple of years and you can add the solar segment to the list of those affected. That said, while costs of solar materials have s...
These Billionaire Owners of Luxury Hotels Plan to Start Cruise Ship Operators
(Bloomberg) — There was no Broadway show, mini golf or video arcades on board the Ritz-Carlton yacht which set sail from Barcelona in October on its maiden voyage. Guests were instead entertaine...
Hong Kong Billionaire Horst Julius Pudwill’s Fortune Drops After Short-Seller’s Attack
Horst Julius Pudwill, cofounder and chairman of Techtronic Industries. Jocelyn Tam for Forbes Asia Horst Julius Pudwill, the cofounder and chairman of Techtronic Industries, saw his net worth tumble m...
Billionaire Private Equity Titan Thomas Lee Dead At 78
Topline Billionaire Thomas H. Lee—a pioneering private equity executive known for taking over Snapple in 1992 and selling it just two years later at 32 times equity—has died at the age of 78, his fami...