Tag Archives: Billionaire

Tim Cook joins the billionaire club as Apple nears $2tn valuation 

Apple has thrived under Cook’s leadership with the iPhone X and a move into subscription TVApple chief executive Tim Cook has joined the billionaire club as the iPhone maker is poised to become the US’s first $2tn company.Apple’s performance has so far proved to be coronavirus-proof, crushing Wall Street expectations in each of the last two quarters, and pus […]

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Facebook boss Mark Zuckerberg joins centibillionaire club 

The 36-year-old follows Jeff Bezos and Bill Gates as fortune passes $100bn for first timeMark Zuckerberg’s fortune has passed $100bn (£76bn) for the first time, adding him to an exclusive club of the world’s centibillionaires, after Facebook’s shares surged on news it is to launch a rival to the video-sharing app TikTok.Facebook announced the US rollout of I […]

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Doris Buffett, Philanthropist Sister of Warren, Dies at 92 

(Bloomberg) — Doris Buffett, a philanthropist who with the financial assistance of her billionaire brother Warren Buffett gave life-changing gifts to people down on their luck, has died. She was 92.Buffett died at her home in Rockport, Maine, on Tuesday, surrounded by family and friends, listening to Billie Holiday music, according to her grandson Alexander […]

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Kris Kobach projected to lose Kansas primary, despite backing from Peter Thiel 

Shelly Yang/Kansas City Star/Tribune News Service via Getty Images Decision Desk is projecting that Rep. Roger Marshall will win the Republican primary for Senate in Kansas, a huge blow to contender Kris Kobach. It’s also a blow to the political ambitions of billionaire tech investor Peter Thiel, who had enthusiastically supported Kobach, offering public sup […]

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Trump has lost the financial support of some of the billionaires who bankrolled his 2016 campaign — take a look at who’s dropping out in 2020 

Andrew Harrer – Pool/Getty Images President Donald Trump has lost the financial support of at least four billionaires who made six-figure gifts to his campaign in 2016. One of Trump’s billionaire backers publicly denounced him in a 2017 op-ed. While a handful of Trump’s 2016 donors have jumped ship, he’s also gained plenty of new ones: Most of […]

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At Least 36 Billionaires Made Six-Figure Contributions To Committees Supporting Joe Biden In The Last 3 Months 

Soros, Steyer, Spielberg and more: Billionaire cash has poured into Joe Biden’s campaign since April.

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China Gets Its First Vaping Industry Billionaires 

China is home to the world’s second-largest number of billionaires after the United States.

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Amazon’s Jeff Bezos And Ex-Wife MacKenzie Add Combined $22 Billion To Fortunes In One Week 

In an otherwise tepid week of trading, 12 billionaires including six e-commerce tycoons gained a total of $61 billion.

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Deutsche Bank fined $150 million for relationship with Jeffrey Epstein, other lapses 

New York regulators faulted the German bank for what it called a series of procedural failures and mistakes in its handling of the billionaire investor’s accounts.

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Russian billionaire offers to buy two statues BLM protesters want removed from US cities 

Businessman Andrey Filatov, 48, who runs the Art Russe Foundation – focusing on the preservation of soviet-era art – has made an offer for two statues US officials backed for removal.

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Touch The Sky: Kanye West announces 2020 presidential run 

“We must now realize the promise of America by trusting God, unifying our vision and building our future. I am running for president of the United States! #2020VISION,” the born-again billionaire rapper tweeted as Americans marked Independence Day.

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Warren Buffett says this is how to financially survive the coronavirus 

The billionaire CEO of Berkshire Hathaway has shared this money advice for COVID-19.

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Billionaire investor Leon Cooperman warned day traders against reckless betting. Here are 12 of his best quotes. 

Rick Wilking/Reuters Billionaire investor Leon Cooperman is the chairman and CEO of Omega Advisors. His wealth is estimated to be about $3.2 billion.  Cooperman recently warned that Robinhood traders are “doing stupid things” that will “end in tears.” Here are 12 of his best quotes on success, markets, COVID-19 and much more. Visit Busine […]

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Coronavirus has widened America’s vast racial wealth gap, study finds 

Bonanza for billionaires as combined wealth surges to $3.581tnBezos, Gates and Zuckerberg get richer as unemployment risesThe coronavirus pandemic has proved a bonanza for billionaires and further widened the enormous racial wealth gap in the US, according to a new report released Friday. Related: ‘I’m squeaking by right now’: voices of Americ […]

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