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Larry Ellison Overtakes Jeff Bezos, Mark Zuckerberg To Become World's Second Richest Amid Oracle's 'Watershed' Moment
Friday, June 13, 2025 - 3:01am | 653Larry Ellison, the co-founder and chairman of Oracle Corporation (NASDAQ:ORCL), has surpassed Jeff Bezos and Mark Zuckerberg to become the second-richest person in the world. What Happened: Ellison’s net worth soared by $26 billion to $243 billion on Thursday, marking...
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Jeff Bezos, Lauren Sánchez Appear At Monaco Grand Prix As Formula 1 Gains Traction With Celebrities And Billionaires
Tuesday, May 27, 2025 - 6:03am | 452High-profile celebrities, including Amazon.com Inc. founder Jeff Bezos and actress Sofia Vergara, attended the prestigious 2025 Monaco Grand Prix on Sunday, highlighting Formula 1‘s growing appeal among entertainment industry figures and wealthy investors. What Happened: The glamorous race...
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As Gates and Buffett Step Back, New Tax Rules And Emerging Women Donors Signal Shift In Billionaire Philanthropy Landscape
Monday, May 26, 2025 - 6:36am | 483The traditional foundation-based philanthropy model pioneered by Bill Gates and Warren Buffett faces disruption from proposed tax policies, while female mega-donors like Melinda French Gates and MacKenzie Scott reshape charitable giving through trust-based direct donations. What Happened: Gates...
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Jim Cramer Says Bulls Need 'Steady Drip Of Trade Deals' To Assure Market About Recession And Inflation As S&P 500 Futures Fall After Big Rally
Tuesday, May 13, 2025 - 8:25am | 835Jim Cramer believes that a consistent flow of trade agreements is crucial to bolstering market confidence and allaying fears of both recession and a surge in inflation. What Happened: In a recent post on X, Cramer asserted that a “steady drip of trade deals” might be the key ingredient...
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Elon Musk, Mark Zuckerberg And Jensen Huang See $34 Billion Wiped Out In A Single Day: Here's How Much Other 'Magnificent 7' Billionaires Lost After Trump's Liberation Day
Friday, April 4, 2025 - 7:13am | 879Top billionaires Elon Musk, Mark Zuckerberg, and Jensen Huang lost nearly $34 billion after the bloodbath on Wall Street on Thursday. Here’s how much the ‘Magnificent 7’ billionaires lost in total. What Happened: Wall Street witnessed its most brutal trading day in years, with all...
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Elon Musk's Ex-Wife Spills The Truth About What It Really Takes To Be A Billionaire: 'There Is No Roadmap, No Blueprint For This'
Saturday, March 8, 2025 - 3:40pm | 663Justine Musk, the first wife of billionaire Elon Musk, once shared her unique insights on the journey to becoming a billionaire. What Happened: In 2015, Justine Musk responded to a Quora thread questioning whether determination and hard work alone lead to a billion-dollar fortune. As Elon Musk's...
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Jamie Dimon Supports 'Warren Buffett Rule' Of Taxing The Rich, He Says It Will Fix America's Debt Problem — 'I Would Spend The Money That Helps Make It A Better Country'
Thursday, August 15, 2024 - 9:14pm | 596In an attempt to address the escalating US debt crisis, Jamie Dimon, CEO of JPMorgan Chase & Co., has suggested a possible solution: taxing the wealthy at the same or higher rates than the middle class. What Happened: During a “PBS News Hour” interview, Dimon expressed his belief...
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Bill Ackman Lost $400M On Netflix Shares In 2022: How Much Would The Billionaire Investor Have If He Didn't Sell?
Tuesday, July 30, 2024 - 9:43am | 561In 2022, Netflix Inc's (NASDAQ:NFLX) stock traded down more than 65% amid growth concerns and an overall sell-off in the tech industry. During that dip, billionaire investor Bill Ackman purchased more than $1 billion worth of shares through his hedge fund Pershing Square Capital while the stock...
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Mark Cuban Credits Father's Wisdom for Billion-Dollar Success Story: '...His Job Didn't Have A Future'
Thursday, February 29, 2024 - 2:18am | 727Mark Cuban, the billionaire entrepreneur and owner of the NBA’s Dallas Mavericks, attributes his success to a piece of advice from his father when he was just 14 years old. This advice, which Cuban received while working alongside his father, has been a guiding principle throughout his career...
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Former Microsoft CEO's Son Opens Up About Struggles Of Growing Up With A Billionaire Dad: 'I Was Deeply Uncomfortable'
Wednesday, February 28, 2024 - 1:35am | 713Pete Ballmer, the son of former Microsoft CEO Steve Ballmer, recently shared his experiences of growing up in a wealthy household. In a candid interview, he revealed the challenges and privileges that come with being the child of a billionaire. What Happened: Pete Ballmer, a 29-year-old stand-up...
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Charles Koch-Backed Group Pulls Plug Nikki Haley's Campaign Funding, But Warns Of 'Irreparable Damage' If Trump Becomes GOP Nominee
Sunday, February 25, 2024 - 10:00pm | 848In a significant blow to Nikki Haley’s presidential campaign, the influential conservative organization Americans For Prosperity Action (AFP Action) has decided to cease funding her bid for the Republican nomination. What Happened: AFP Action, a group closely associated with the Koch network...
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Sam Bankman-Fried Joins The List Of Convicted Billionaires, But Who Leads The Winners/Losers List From The Trial?
Monday, November 6, 2023 - 3:25pm | 1130While the Sam Bankman-Fried trial has come to an end with multiple convictions, there are a number of interesting facets to look at, including who were the winners and losers of the case, as well as shining a light on fraud by other billionaires. The news of SBF’s verdict...
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Billionaire Hedge Fund Boss Ken Griffin Pays Tokyo Disney Trip For 1,200 Staff And Families
Tuesday, October 31, 2023 - 4:53am | 490Hedge fund magnate Ken Griffin footed the bill for over 1,000 employees and their families from Citadel and Citadel Securities to visit Walt Disney Company‘s theme park Disneyland in Tokyo, commemorating the firms’ recent anniversaries. What Happened: The...
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Mark Cuban Shares The Key Thing You Must Have In Order To Become A Billionaire: 'Any Billionaire Who Tells You They Could Just Do It Again, No'
Saturday, October 28, 2023 - 11:25am | 375In an interview with WIRED released this week, billionaire entrepreneur and Dallas Mavericks owner Mark Cuban delved deep into a myriad of subjects, from the unpredictability of achieving billionaire status to the evolving landscape of cryptocurrencies and non-fungible...
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Billionaire Investor Mark Mobius Puts All His Money Outside US: 'I'm All International And Emerging Markets'
Saturday, July 29, 2023 - 8:00am | 436Billionaire investor Mark Mobius is so bullish on emerging markets, particularly in Asia, that he has no investments in the U.S., Business Insider India reports. Emerging Markets Focus “I’m all international and emerging markets in particular,” the founder of Mobius Capital...