Venture capitalist Tim Draper is doubling down on his prediction that Bitcoin (BTC) will reach a price of more than $250,000, a meteoric ascent of over 1,400% from the king crypto’s current value. In ...
Tag: Billionaire
Billionaire Steve Cohen Goes Big on These 2 “Strong Buy” Stocks
2022 has undoubtedly been a rough one for investors. Even accounting for the recent gains, all the major indexes are still down for the year and the backdrop of economic uncertainty still hovers menac...
New FTX CEO Says Former Billionaire Bankman-Fried Led ‘Unprecedented’ Failure—’Incessant’ Tweets Undermine Bankruptcy Case
Topline Longtime bankruptcy attorney John J. Ray III, the new CEO of befallen cryptocurrency exchange FTX Trading who led disgraced energy firm Enron after its storied collapse in 2001, issued a scath...
Soaring Coal Prices Fuel Shares Of Indonesian Coal Company, Mints New Billionaire
A barge on the river of Mahakam to load coal from the mining area in Samarinda, East Kalimantan. BAY ISMOYO/AFP via Getty Images The share price of Jakarta-listed coal company Prima Andalan Mandiri mo...
Rep. Karen Bass Defeats Billionaire Rick Caruso
Topline Rep. Karen Bass (D-Calif.) beat billionaire real estate tycoon Rick Caruso in Los Angeles’ mayoral election, staving off a surprisingly competitive challenge from a tough-on-crime former Repub...
Another Billionaire Megadonor Defects From Trump After 2024 Launch—As Party Heavyweights Stray From Former President
Topline Blackstone CEO Stephen Schwarzman will not support former President Donald Trump in the 2024 GOP presidential primary, Schwarzman told Axios, making him at least the second Republican megadono...
Billionaire Carl Icahn warns that you can’t cure red-hot inflation. But he likes these 2 ‘cheap and viable’ stock picks for protection
‘The worst is yet to come’: Billionaire Carl Icahn warns that you can’t cure red-hot inflation. But he likes these 2 ‘cheap and viable’ stock picks for protection Easy mo...
Billionaire Carl Icahn Looks for Diamonds in the Rough; Here Are 2 Stocks He’s Snapping Up
The elections are behind us, the latest inflation data showed an easing back in the rate of increase, and markets finished last week with their best trading sessions in months. The signs have aligned ...
Congressman Brad Sherman Takes Aim at ‘Billionaire Crypto Bros’ for Slowing Regulation
U.S. Congressman Brad Sherman has hit out at the crypto industry in the wake of the FTX collapse, pointing the finger at “billionaire crypto bros” for attempting to delay “meaningful legislation” from...
‘Delusion’ Rampant Among Crypto’s Institutional Investors, Warren Buffett’s Billionaire Confidant Says
Topline Famed investor Charlie Munger once again condemned cryptocurrencies following last week’s disintegration of crypto exchange FTX, becoming the latest billionaire to lash out at FTX and its foun...
Billionaire Charlie Munger labels crypto as ‘partly fraud’ that’s ‘good for kidnappers’
As the recent crisis caused by the collapse of FTX continues to wreak havoc across the cryptocurrency market, the critics are offering their two cents on the situation and the industry in general, inc...
Congressman Brad Sherman Blames ‘Billionaire Crypto Bros’ for the FTX Collapse
Congressman Brad Sherman, Chairman of the Subcommittee on Investor Protection and Capital Markets, in a statement regarding the collapse of FTX, has blamed ‘billionaire crypto bros’ for deterring prop...
Billionaire Mark Cuban still believes in crypto and smart contracts – crypto.news
On Monday, American billionaire, entrepreneur, and media appropriator Mark Cuban sparked Twitter and said he believes in Smart Contracts while investing in the crypto industry. Moreover, tokens valuat...
Australia’s AGL Energy To Accelerate Exit From Coal Power As Billionaire Activist Installs Board Nominees
Mike Cannon-Brookes, co-founder and chief executive officer of Atlassian Pty Ltd., reacts during the … [+] Financial Review ESG Summit in Sydney, Australia, on Friday, June 15, 2022. Photographe...
Billionaire Mark Cuban Explains Why He Invests in Crypto
Vladislav Sopov “Shark Tank” star compares smart contracts on programmatic blockchains with early days of streaming Contents Billionaire Mark Cuban: “Smart contracts will have a sign...
Billionaire Mark Cuban Says FTX ‘Blowup’ Has Little To Do With Crypto – Here’s What He Means
Billionaire entrepreneur Mark Cuban says the recent crypto market cataclysm triggered by the collapse of FTX has more to do with banking failures than crypto itself. The Shark Tank investor tells his ...
Who is billionaire FTX co-founder Gary Wang and why is he still committing code?
As the crypto exchange FTX unravelled this month, the spotlight has remained firmly on its CEO, Sam Bankman-Fried, who cultivated a public persona as an altruist while lobbying top regulators and poli...
Congressman Sherman accuses ‘billionaire crypto bros’ of impeding crypto-regulations
U.S Congressman Brad Sherman has taken aim at crypto’s rich and elite, accusing them of impeding necessary legislations required to regulate the industry. The representative of California’s 30th Congr...
US lawmaker blames ‘billionaire crypto bros’ for delayed legislation
United States congressman Brad Sherman, a known crypto skeptic, has pointed the finger at “billionaire crypto bros” for slowing down much-needed cryptocurrency regulation. In a Nov. 13 statement addr...
Billionaire Mark Cuban attacks the system
Join Our Telegram channel to stay up to date on breaking news coverage The abrupt implosion of the FTX cryptocurrency exchange has shook the industry and beyond. The company’s financial difficulties s...
Rep. Brad Sherman asks for increased regulation, calls out ‘billionaire crypto bros’
Congressman Brad Sherman, D-Calif., is the latest politician to call for increased regulation of the cryptocurrency market in the wake of FTX’s multibillion-dollar downfall. “The sud...
Chinese tech billionaire Richard Liu gives up front office roles and direct ownership at JD, but is he still in control?
One of China’s most prominent tech tycoons is relinquishing direct ownership and executive roles in various entities under the business empire he founded nearly a quarter century ago, triggering...
Billionaire Daniel Loeb Denies Report About Potentially Rescuing FTX
Alex Dovbnya The prominent American investor is not interested in bailing out of the cryptocurrency empire In a recent tweet, American billionaire investor Daniel S. Loeb denied being involved in bail...
This Famous Billionaire Investor Defends FTX’s SBF, Deletes Tweet Instantly
In an almost instantly deleted tweet, billionaire investor Bill Ackman “gave credit” to former CEO Sam Bankman Fried of now-bankrupt crypto exchange FTX. He lauded for his “accountability,” and said ...
Don’t be fooled—Thursday’s rally doesn’t mean we are out of a bear market, billionaire investor Carl Icahn warns
Even after the best day the stock market has seen in two years, famed investor Carl Icahn still isn’t changing his pessimistic outlook on the economy. Icahn reiterated warnings that the U.S. is in a r...
FTX Files For Bankruptcy—Former Billionaire Sam Bankman-Fried Resigns As CEO
Topline Embattled cryptocurrency exchange FTX announced on Friday morning it has commenced Chapter 11 bankruptcy proceedings and that its former billionaire CEO Sam Bankman-Fried has resigned from the...
Beto’s Free Speech Comeback? After Loss In Texas Governor’s Race, O’Rourke Will Fight For The Right To Call A Pipeline Billionaire A Crook
Beto O’Rourke stumping at a ‘Keeping the Lights On’ rally in Houston on February 15, 2022, the … [+] one-year anniversary of the winter storm that crippled the state. Getty Ima...
Beleaguered Billionaire Hui Ka Yan Struggles To Hold Onto His Crumbling Empire
Hui Ka Yan, a member of the CPPCC National Committee and chairman of Evergrande Group, attends a press conference at the fifth session of the 12th CPPCC National Committee on March 9, 2017 in Beijing,...
Sam Bankman-Fried Not In The Bloomberg’s Billionaire Club Anymore
Following the crisis in FTX, the firm’s CEO, Sam Bankman-Fried (SBF), has been trying to salvage the exchange. He has been gathering resources and funds from other subsidiaries and SBF-owned companies...
How the Fall of Washington’s Favorite Crypto Billionaire Will Change Regulation
In a major setback for its regulatory future, the crypto industry has lost what likely was its biggest and most-connected cheerleader in Washington. FTX CEO Sam Bankman-Fried, who charmed the interne...