Billionaire brokerage founder Charles Schwab has seen his personal fortune plummet in the aftermath of Silicon Valley Bank’s collapse over the weekend. According to the Bloomberg Billionaires Index, w...
Tag: billionaires
Meet The Billionaire’s Son Who Persuaded McDonald’s To Serve Filet-O-Fish Supplied By His Firm
The second generation of leadership at Trident Seafoods, America’s biggest fishing company, commits to reinvesting billions to shore up its Alaska operations and pave the way for a third generation to...
Biden Will Propose A New 25% Minimum ‘Billionaires Tax’ In 2024 Budget, Report Says
Topline President Joe Biden will float a new 25% minimum tax on billionaires in his budget proposal set to be unveiled Thursday, Bloomberg reported, among a series of new taxes on corporations and the...
Biden’s 2024 Budget Will Focus On ‘Billionaires Tax’ And Lowering The Deficit By $3 Trillion: Here’s What To Know
Topline President Joe Biden will propose new taxes on the wealthy in order to lower the federal deficit by $3 trillion when he unveils his 2024 budget plan Thursday — but the proposal is expected to f...
The Inflation Reduction Act Is Very Good At One Thing: Making Billionaires Richer
Welcome to the $400 billion green subsidy gravy train. The nation’s biggest solar panel maker, First Solar, sells $3.5 billion a year of its “thin-film” solar panels made with exotic “cadmium tellurid...
Project’s Groundbreaking makes altcoin backed by bitcoin billionaires to surge
The world of cryptocurrencies is filled with ups and downs. While Bitcoin has been the most prominent cryptocurrency in the world for many years, there are now many other cryptocurrencies that have ga...
Altcoin Backed by Bitcoin Billionaires Surges 35% As Crypto Project’s ‘Groundbreaking’ Update Nears
An altcoin backed by a pair of famous Bitcoin (BTC) billionaires is surging as the crypto project’s upgrade rapidly approaches. New data reveals that storage-focused blockchain Filecoin (FIL), which i...
America’s Most Eligible Billionaires
Even the world’s richest people can be unlucky in love. From Elon Musk and MacKenzie Scott to Kim Kardashian and Tyler Perry, these billionaires are still looking for a Valentine. testing As the Bea...
Tool Maker’s IPO Mints China’s Latest Billionaire
A woman walks down a flight of stairs at the Shenzhen Stock Exchange in 2019. Photographer: Qilai … [+] Shen/Bloomberg © 2019 Bloomberg Finance LP Today’s listing at the Shenzhen Stock Exchange ...
Biden’s going after the billionaires in his State of the Union speech tonight, and he’s not thrilled with oil companies either
President Joe Biden says he won’t stand in the way of anyone trying to become a billionaire, but that doesn’t mean he won’t step in to tax the rich or corporate America. Biden will take the stage Tues...
Billionaires Worth $123 Billion Buy Stake In Kushner’s Thrive
(Bloomberg) — A group of global billionaires worth at least $123 billion are buying a stake in Thrive Capital, the venture-capital firm founded by Josh Kushner. Most Read from Bloomberg India’s ...
Billionaires Invest in XRP: Betting Win against SEC
SEC accused Ripple of selling unregistered securities in the form of XRP tokens. Going on since December 2020, in these two years, the SEC has failed to prove their point. Hoping for a win, investor...
Meme Stock Billionaire’s Alibaba Wager Risks Clash With Beijing
(Bloomberg) — Ryan Cohen enthralled a generation of stock market punters by placing counter-intuitive bets on household names from GameStop Corp. to Bed Bath & Beyond Inc. Now, the activist ...
Beauty Farm IPO Soars By 53% On Hopes China Spending Poised To Recover
Shoppers and visitors walk along Nanjing Road shopping street in Shanghai last July. Consumer … [+] spending may get a boost this year from the end of the country’s “zero-Covid”...
Bitcoin Billionaires to SEC charges
Join Our Telegram channel to stay up to date on breaking news coverage As shown in the movie “The Social Network,” Cameron and Tyler Winklevoss, who co-founded Facebook and were duped by Mark Zuckerbe...
Can China’s Billionaires Breathe A Sigh Of Relief In 2023?
Jack Ma, cofounder of Chinese e-commerce behemoth Alibaba and fintech giant Ant Group. PHILIPPE LOPEZ/AFP via Getty Images) For China’s richest billionaires, last year was the worst in decades. Covid-...
Mysterious Deaths Of Crypto Billionaires Brew Panic In The Community ⋆ ZyCrypto
Advertisement     The crypto community has had to bear one of the coldest crypto winters in the sector’s history this past year. However, nothing has been as chilling ...
FTX Collapse: Dispute Between Billionaires Winklevoss, Silbert Escalates
FTX’s bankruptcy filing has reverberated again through the crypto space, and in a big way. Cameron Winklevoss, co-founder of the Gemini cryptocurrency exchange, has accused billionaire Barry Sil...
Crypto billionaires’ subsequent deaths spark wild theories among the community
The death of four crypto billionaires within a month has caught the crypto community’s attention. These deaths occurred under suspicious circumstances, and more importantly, some of these billio...
Coincidence? Four crypto billionaires die in one month
With cryptocurrency exchanges collapsing, crypto CEOs either getting arrested or on the run, and prices all over the place, the cryptocurrency sector seems to be running into quite a few hitches, the ...
Crypto Billionaires Saw Massively Declining Fortunes in 2022
2022 has been the year everything crashed for the crypto industry. The latest Forbes report shows that even the richest in the sector were significantly affected, as the top 17 crypto billionaires los...
Crypto Billionaires Lost $116 Billion in 2022
2022 and the ongoing bear market have seen a wave of unprecedented losses, bankruptcies, and liquidations. According to a recent report by Forbes, crypto billionaires lost a total of $116 billion duri...
Crypto billionaires lost $116M since March: Report
The bear market and the wave of bankruptcies in the crypto industry drained $116 billion from the pockets of founders and investors in the past nine months, according to recent estimates by Forbes. T...
Two Valuable Investing Lessons From Two Legendary Billionaires
The list of billionaires in the world is comprised largely of entrepreneurs such as Elon Musk, Larry Ellison, Larry Page, and Bill Gates,who have built their fortunes largely through the development o...
Brad Sherman: Billionaires Have Prevented Crypto Regulation from Forming
Brad Sherman – a cryptocurrency skeptic and congressman – says crypto billionaires are largely responsible for the fact that digital asset regulation has taken so long to arrive. Brad Sherman Wants Re...
Top 5 billionaires who lost the most money due to 2022 crypto crash
After the market experienced a trillion-dollar crypto crash in 2022, it was a challenging year financially for cryptocurrency billionaires. Numerous lawsuits have been filed by aggrieved investors see...
Twitter Suspends Multiple Accounts Tracking Billionaires’ Private Jets, Bans Sharing Of Publicly Available Flight Data
Topline Twitter on Wednesday banned several accounts which shared publicly available data on the locations of private jets belong to multiple billionaires, including Twitter CEO Elon Musk who said he ...
Crypto Billionaires Think Elon Musk Will Do Well with Twitter
Crypto billionaires are all very pleased with Elon Musk as of late, and they’re very excited that the South African entrepreneur is taking over Twitter. Crypto Billionaires Are Happy with Elon Musk Mu...
Where to Invest Over the Next 5 Years? Billionaires Weigh In.
The world’s billionaires see the energy sector and the Asia-Pacific region, excluding China, as top investment and business opportunities over the next five years, according to a new UBS report. Forty...
Damn The Torpedoes, America’s Billionaire Investors Go Full Speed Ahead On China
China has been called “uninvestable,” but billionaires continue to bet on the “Chinese miracle.” GETTY IMAGES 2022 VCG Billionaire Ray Dalio has managed money for Chinese clien...
Biden Raises Eyebrows With Tax Hike Comment—But It’s Only Directed At Billionaires
Topline President Joe Biden reiterated support on Tuesday for a proposed new tax targeting billionaires, saying at an event in Virginia Beach that “I want to make it clear—I’m going to raise some taxe...