Billionaire Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, says it’s “amazing” what bitcoin has accomplished but believes the cryptocurrency is not going to be an ef...
Tag: Billionaire
Billionaire Ray Dalio believes that fiat is in jeopardy
Although the billionaire Ray Dalio feels that fiat currency is in danger, he is also of the opinion that neither Bitcoin (BTC) nor stablecoins are the solution to the problem. As a kind of reaction, i...
Billionaire Ray Dalio Claims Bitcoin Enjoys Disproportionate Attention
Alex Dovbnya Founder of world’s most powerful hedge fund claims that Bitcoin is getting too much attention for its relatively ‘tiny’ size Contents Cash is no longer trash Neutral sta...
Billionaire investor Ray Dalio has described fiat currency as being in serious jeopardy
Ray Dalio, a billionaire investor, has said that fiat money is under “jeopardy” as an effective store of wealth, but he does not think that Bitcoin (BTC) and stablecoins will be the answer...
Former Russian Billionaire Mysteriously Died Last Year. Now His Family Is Feuding Over His Fortune
Dmitry Zelenov and his widow Natalia, pictured here in Miami in 2016. getty On December 4, real estate baron Dmitry Zelenov became one of the latest Russian oligarchs to mysteriously pass away after h...
Billionaire Offers Bitcoin-fix to Solve Srilankan Economic Crisis
South Asian country Sri Lanka is battling its worst economic meltdown; citizens are suffering for the basics. Inflation stood at 54.2%, while the economy shrunk by 8%. A billionaire cryptocurrency gos...
Billionaire pitches Bitcoin to Sri Lanka, gets snubbed
Billionaire investor Tim Draper recently pitched Bitcoin adoption to Sri Lankan officials. The pitch was shot down by the Governor of the Central Bank. Pro-crypto investor Tim Draper’s recent trip to ...
Gautam Adani Briefly Falls Out Of Top 20 Richest As His Net Worth Spirals After ‘Corporate Con’ Allegations
Topline Indian billionaire Gautam Adani briefly fell out of the world’s top 20 richest people on Friday after losing $12 billion in a day, a spectacular fall from his former position as the world’s th...
Sri Lanka rejects billionaire Tim Draper’s Bitcoin pitch to tackle corruption
Tim Draper, a prominent cryptocurrency advocate, and billionaire investor faced unexpected resistance during his recent visit to Sri Lanka. The Silicon Valley entrepreneur was in the country to film a...
Billionaire Investor Charlie Munger Reiterates US Should Ban Bitcoin
Charlie Munger, the Vice Chairman of Berkshire Hathaway and Warren Buffett’s right-hand man, reiterated his stance against Bitcoin and the entire crypto industry. This time, the American billionaire i...
Billionaire and Bitcoin Cynic Charlie Munger Renews His Criticism of Crypto, Calls for US Ban
Well-known crypto skeptic and billionaire Charlie Munger is renewing his criticism of digital assets, calling for US regulators to ban crypto. In a new opinion piece published by The Wall Street Journ...
$90 Billion Collapse of Billionaire Adani’s Empire
The break was short, very short. Accusations of fraud, stock-market manipulation and illegal practices made by the New York short-seller Hindenburg Research against Adani Group, the conglomerate of I...
Struggling Billionaire Gautam Adani Scores Crucial Victory
Billionaire Gautam Adani can catch his breath. For the past week his conglomerate has been rocked by allegations of fraud that threaten its expansion. These accusations are made by the New York inve...
Billionaire Kwek Leng Beng’s CDL In Talks To Buy Historic London Marina Complex From Blackstone
Yachts prepare to sail out of St. Katharine’s dock on August 3, 2009 in London, England. Dan Kitwood/Getty Images City Developments Ltd. (CDL)—controlled by billionaire Kwek Leng Beng—said late ...
Billionaire Gautam Adani Gets Vote Of Confidence From Abu Dhabi Firm’s $400 Million Investment
Gautam Adani speaks at the World Congress of Accountants in Mumbai on November 19, 2022. INDRANIL MUKHERJEE / AFP Gautam Adani has won a vote of confidence from a $400 million investment by Internatio...
Billionaire Gautam Adani Calls on India for Help to Save His Empire
Billionaire Gautam Adani is under siege. Since Jan. 24 Asia’s richest man has faced serious allegations of fraud, money laundering and price manipulation that threaten to take away much of his ...
Billionaire Dogecoin Advocate Elon Musk Doubles Down on Offer To Eat Happy Meal on TV if McDonald’s Accepts DOGE
The billionaire behind Tesla is doubling-down on his offer to eat a Happy Meal on television should McDonald’s accept his favorite crypto, Dogecoin (DOGE). Almost exactly one year ago, the now-owner o...
Billionaire Adani’s Empire Loses $51 Billion in 48 Hours
Suspicion is creating chaos in the empire built by the Indian billionaire Gautam Adani, who since last year has become the richest man in Asia. Adani, 60, saw his fortune jump by more than $40 billio...
Gautam Adani Slips From Top 5 Richest As His Net Worth Plummets After ‘Corporate Con’ Accusations
Topline Indian billionaire Gautam Adani fell out of the world’s top five richest people on Friday as he fights allegations of fraud and Adani Group shares plummet following a damning report by U.S. sh...
India’s Billionaire Showcases Digital Rupee – Trustnodes
Anand Mahindra, an Indian billionaire and a board member of the Reserve Bank of India, bought some pomegranates from a street vendor by paying with Digital Rupee. The payment itself was straight forwa...
Billionaire Bernard Arnault’s LVMH Soars To New Heights As Sales Hit Record $86 Billion
French luxury group LVMH CEO Bernard Arnault. (Photo by ERIC PIERMONT / AFP) (Photo by ERIC … [+] PIERMONT/AFP via Getty Images) AFP via Getty Images Luxury conglomerate LVMH Moët Hennessy Louis...
Jeff Bezos Surpasses Billionaire Gautam Adani As World’s Third-Richest Person After Short Seller’s Scathing Report
Topline Indian tycoon Gautam Adani, chairman of the sprawling Indian conglomerate Adani Group, ceded the title of the world’s third-richest person to Amazon founder Jeff Bezos on Wednesday, afte...
John R. Tyson’s Settlement With Prosecutor Kicks Off What Could Be A Rough Year For Tyson Foods
John R. Tyson, CFO of Tyson Foods Leigh Vogel/Getty Images The company’s share price has fallen since the arrest in November of the CFO, the 32-year-old, fourth-generation heir apparent, on intoxicati...
Angels’ Arte Moreno Walked Away From The Highest Sale Price In Baseball History
That’s how many billions Arte Moreno might have sold the Angels for. Rub it in, Shohei. (Photo by Tom Pennington/Getty Images) Getty Images After announcing in August that he’d initiated a forma...
2 ‘Strong Buy’ Stocks From the Billionaire Who Beat the Bear Market and Broke a Record Last Year
2022 was a miserable one for investors, right? For most that’s probably true but most definitely not for Ken Griffin. The billionaire not only beat the market by a huge margin and outpaced his fellow ...
NFT Collection Party Ape Billionaire Club Price, Stats, and Revie…
The BILLIONAIRE CLUB is a private collection of 10 000 billionaire apes NFTs – unique digital collectibles. Earlier this year, a mysterious force coming from another galaxy summoned the most inf...
Billionaire Charlie Munger Reveals The Reason Berkshire Hathaway Is Sitting On $88 Billion in 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...
This Chinese billionaire has lost over 90% of his fortune and analysts are worried about the future of his 200,000 staff
The chairman of an embattled Chinese real estate developer has seen his wealth drop from $42 billion to $3 billion as the country’s formerly hot property market continues to slow. Hui Ka Yan was...
Billionaire Jack Ma Reportedly Visits Hong Kong As Regulatory Pressure Eases In Mainland China
Alibaba Group cofounder Jack Ma. AP Photo/Firdia Lisnawati Jack Ma, the cofounder of Chinese e-commerce giant Alibaba, is now in Hong Kong to meet friends and finance executives, the Hong Kong Economi...
Fake billionaire Justin Costello could plead guilty in fraud case
A former fugitive accused of falsely telling investors he was a billionaire, a Harvard MBA, and a special forces veteran appears set to plead guilty on Wednesday in connection with an alleged $35 mill...