Topline Roman Abramovich said Wednesday he is selling his English soccer team Chelsea FC and will donate all net proceeds to victims of Russia’s war in Ukraine, ending his nearly 20-year ownership of ...
Tag: Billionaire
Russia-Ukraine crisis is “very bullish” for Bitcoin, says Billionaire Bill Miller
TL;DR Breakdown: US billionaire Bill Miller says the ongoing crisis is bullish for Bitcoin. Russia can adopt BTC as a reserve asset. The US wants more regulatory frameworks to ensure crypto isn’t used...
Billionaire Ken Griffin Admits He Was Wrong About Bitcoin, Crypto
Billionaire Ken Griffin has a rocky relationship with the crypto sphere, to say the least. After being one of the fledgling critics of the young industry, he distinguished himself by buying up at the ...
Billionaire Trio Behind Singapore’s Sea Ltd See Fortunes Tumble After Earnings Disappoint
Forrest Li, cofounder and chairman of Sea Ltd. Wei Leng Tay/Bloomberg The three cofounders of Sea Ltd. saw their collective net worth tumble $1.9 billion on Tuesday after the Southeast Asian internet ...
Hotpot Billionaire Zhang Yong Steps Down As Haidilao CEO
Zhang Yong speaks during a news conference in Hong Kong, China, on September 11, 2018. Photographer: Anthony Kwan/Bloomberg Zhang Yong, the billionaire founder of Chinese hotpot chain Haidilao, has st...
South Korean Billionaire Businessman Kim Jung-ju Passes away, Aged 54
News has emerged that Kim Jung-ju, a prominent South Korean businessman, investor, philanthropist, and founder of Korea’s largest gaming company, Nexon, died on Monday at the age of 54, according to t...
Indonesian Billionaire Chairul Tanjung’s Trans Retail Teams Up With Bukalapak For Online Grocery Platform
Chairul Tanjung, founder and chairman of CT Corp., speaks during the Belt and Road Summit in Hong … [+] Kong, China, on September 11, 2017. Vivek Prakash/Bloomberg Trans Retail Indonesia, contro...
Billionaire admits he was wrong about Bitcoin as Citadel looks to crypto markets
American multinational hedge fund and financial services company Citadel is poised to enter cryptocurrency markets this year. Speaking on Bloomberg Wealth with David Rubenstein, Citadel founder Ken Gr...
Billionaire Ken Griffin Admits He Was Wrong About Crypto
Alex Dovbnya Citadel’s Ken Griffin has changed his stance on cryptocurrencies Citadel CEO Ken Griffin has changed his tune on cryptocurrencies, admitting that he was wrong about the burgeoning a...
Billionaire Steven Cohen Loads Up on These 2 Penny Stocks
Which stocks are either a fan favorite or a must-avoid? Penny stocks. These tickers going for less than $5 apiece are particularly divisive on Wall Street, with those in favor as well as the naysayers...
Billionaire Accepting Crypto for $70 Million Basquiat Painting
Alex Dovbnya It will be possible to purchase the monumental painting of Jean-Michel Basquiat with cryptocurrencies during an upcoming auction Japanese billionaire Yusaku Maezawa is auctioning his Jean...
Indian Billionaire Mukesh Ambani Becomes Asia’s Richest Person Again Amid Putin’s War
Red-hot oil prices and a deal between two of India’s biggest retail players helped push up Mukesh Ambani’s fortune by $2.8 billion on Monday, even as broader global markets reeled. Getty Images ...
Billionaire Kwek Leng Beng’s City Developments Ramps Up Singapore Projects As Home Sales Hit Record
Billionaire Kwek Leng Beng, chairman of City Developments, speaks during a news conference in … [+] Singapore, on August 11, 2017. Nicky Loh/Bloomberg City Developments—controlled by billionaire...
Billionaire Lim Kok Thay’s Genting Adding Electronic Betting In The U.S. As Casino Operator Narrows Losses
Lim Kok Thay, chairman and CEO of Genting Bhd, reacts during a Bloomberg Television interview in … [+] Singapore, on December 14, 2018. Nicky Loh/Bloomberg Genting Bhd—controlled by Malaysian bi...
Russian Billionaire Roman Abramovich Hands Control Of Chelsea FC To Charitable Foundation
Topline Russian billionaire Roman Abramovich announced Saturday he will give “the stewardship and care of” Chelsea FC to the trustees of the soccer team’s charitable foundation after nearly 20 years o...
Hong Kong Billionaire Edwin Leong Takes The Long View On Housing
Patience is what matters to Hong Kong billionaire Edwin Leong’s venture into residential development. And with a net worth of $4.4 billion, the founder and chairman of Tai Hung Fai Enterprise can affo...
Billionaire Peter Lim, Wellington College To Set Up International Schools In Southeast Asia
Established in 1859, the Wellington College campus in Crowthorne is about an hour’s drive west of … [+] London Courtesy of Wellington College Wellington College has partnered with Singapor...
Billionaire Mark Cuban Assesses Future of Crypto, Says Traders Must Separate Signal From Noise
Shark Tank star Mark Cuban says that much like the emerging days of internet stocks, investors who can figure out which digital assets have the most utility going forward will be successful in the wor...
Jinhui Mining Gains Nearly 44% In China Stock Debut As IPO Mints New Billionaire
A security officer wearing a face mask walks in front of the Shanghai Stock Exchange building in … [+] Shanghai in 2020. (AP Photo) ASSOCIATED PRESS Shares in Jinhui Mining, a China processor of...
Billionaire continues to pour scorn on Federal Reserve and tells the people to buy Bitcoin
Ricardo Salinas Pliego, billionaire, and the third richest man in Mexico, tells people on his Twitter account to keep buying Bitcoin, and scoffs at the cynicism of the Federal Reserve. We are always t...
Mexican Billionaire Says It Again: Buy Bitcoin Today — And Thank Him Later?
Recently, Mexican billionaire Ricardo Salinas Pliego recommended investors to purchase bitcoin “immediately.” He asserted that bitcoin is the “new gold” and that the United States is increasingly beco...
Facebook Says It’s Not Responsible for Crypto Scam Ads Featuring Billionaire Andrew Forrest
Earlier this month, Australian billion Andrew Forrest announced that he will be taking Facebook to the court on account of several crypto scams ads running on the platform under his name. However, in ...
Australia’s AGL Rejects $3.6 Billion Takeover Bid From Brookfield, Billionaire Mike Cannon-Brookes
Mike Cannon-Brooks is the cofounder and CEO of the Australian software company, Atlassian. Renee Nowytarger/The Sydney Morning Herald via Getty Images AGL Energy has rejected the A$5 billion ($3.6 bil...
Mexico’s Third Richest Billionaire Says Buy Bitcoin, Forget About Selling, You’ll Thank Me Later – Markets and Prices Bitcoin News
The third-richest billionaire in Mexico, Ricardo Salinas Pliego, advises to buy bitcoin, keep buying while the price is still low, and hold the crypto without thinking of selling. “Trust me, you’re go...
Popular Billionaire Stacking These 2 Altcoins Heavily!
The American entrepreneur and billionaire Mark Cuban is bullish about MATIC and Ethereum. Cuban prefers Ethereum and its scaling solution to Bitcoin, claiming that the latter isn’t the best way to hol...
Billionaire George Soros Pulls the Trigger on These 2 High-Yield Dividend Stocks
We’re more than 6 weeks into 2022, and the market uncertainty that characterized January has, if anything, deepened. The sharp drops have turned instead to higher volatility, giving a chart of Februar...
Billionaire Lim Kok Thay’s Genting Singapore Spending $300 Million To Revamp Casino Resort, Theme Park
Lim Kok Thay reacts during a Bloomberg Television interview in Singapore on December 14, 2018. Nicky Loh/Bloomberg Genting Singapore—controlled by Malaysian billionaire Lim Kok Thay—is investing S$400...
Billionaire Investor Charlie Munger Says Fiat Currency is “Going to Zero”
The 98-year-old vice chairman of Berkshire Hathaway has hypothesized that fiat currency is “going to zero” in the next hundred years. The veteran investor made the comments in an interview with Yahoo!...
Billionaire Investor Charlie Munger Calls Crypto A ‘Disease’ And Praises China For Banning It
Topline Famed investor Charlie Munger, vice chairman at Berkshire Hathaway and longtime business partner of Warren Buffett, shared his investing thoughts at an annual address on Wednesday, in which he...
Billionaire Investor With ‘Very Big’ Bitcoin Position Says BTC Is Insurance Policy Against Economic Disaster
Renowned investor Bill Miller says that as Bitcoin (BTC) adoption spreads so will its functional roles as a store of value. Miller tells CNBC in a new interview that people will choose to ascribe valu...