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Why Billionaires Like Jeff Bezos Invest Millions In Contemporary Art
Friday, August 18, 2023 - 1:38am | 764In the 1987 movie “Wall Street”, Michael Douglas played the role of Gordon Gekko, a high-powered and ruthless corporate raider. Charlie Sheen portrayed Bud Fox, an up-and-coming Wall Street stockbroker who eventually became one of Gordon Gekko’s stock traders. There’s a...
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George Soros' Charity To Cut Workforce By 40% After Son Takes Over
Saturday, July 1, 2023 - 2:29am | 431The Open Society Foundations, a nonprofit organization founded by billionaire George Soros, is planning to reduce its staff by at least 40% in the upcoming months, Bloomberg reports. This decision comes after the recent handover of control from George to his son, Alex Soros. Significant Changes...
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Elon Musk Takes Swipe At Biden For His 'Super-Wealthy Tax' Tweet: 'Acting Upon That Would Upset A Lot of Donors'
Sunday, June 18, 2023 - 1:55pm | 409President Joe Biden has been crusading for a proposal to tax billionaires as a means of balancing the budgetary deficit. The president's tweet about it caught the attention of Elon Musk, who is the world's richest man. “It's about time the super-wealthy start paying their fair share,...
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US Diplomat Fires Back At Viktor Orbán For Comparing George Soros Succession To 'Godfather': 'The Dog-Whistle Conspiracy…'
Monday, June 12, 2023 - 11:35pm | 541Hungary-U.S. troubled relationship turned into a Twitter spat on Monday after Prime Minister Viktor Orbán swiped as billionaire, investor and philanthropist George Soros reportedly decided to hand over his $25 million empire to his son, Alex Soros. What Happened: The European leader on Monday...
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Elon Musk Invites George Soros' Heir For Twitter Spaces Interview: '…Violent Criminals Need To Stop'
Sunday, June 11, 2023 - 11:40pm | 949After hosting Twitter Spaces With Florida Governor Ron DeSantis and Robert F. Kennedy Jr. – two 2024 presidential candidates, Elon Musk has now invited Alexander “Alex” Soros, the successor of billionaire investor and philanthropist...
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Alex Soros Steps Up, Inherits George Soros' Philanthropic And Political Legacy
Sunday, June 11, 2023 - 5:41pm | 541Billionaire investor and philanthropist George Soros has reportedly passed the baton of his $25 billion empire to his youngest son, Alexander "Alex" Soros, aged 37. The change was made official in a recent interview with The Wall Street Journal, where Alex shared his intentions to extend...
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Trump's Truth Social Skit Roasting DeSantis' Twitter Spaces Chaos Leaves Internet In Splits
Thursday, May 25, 2023 - 1:05am | 728While the political world was buzzing with anticipation as Florida Governor Ron DeSantis geared up for his highly anticipated 2024 campaign announcement on Twitter Spaces, Donald Trump attempted to seize the spotlight, resorting to a barrage of insult-packed rants and diatribes to mock the Florida...
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'I'll Say What I Want:' Elon Musk Defends Brazen Tweets In Wake Of Potential Fallout For Tesla, Twitter
Wednesday, May 17, 2023 - 2:36am | 765Elon Musk stands by his controversial tweets, even if it means losing potential Tesla Inc. (NASDAQ:TSLA) buyers and Twitter advertisers. What Happened: While speaking with CNBC’s David Faber during Tesla’s annual shareholder meeting, Musk justified his...
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Elon Musk Says George Soros Reminds Him Of This Marvel Supervillain: 'He Wants To Erode The Very Fabric Of Civilization'
Tuesday, May 16, 2023 - 1:55am | 559Elon Musk took to Twitter to share an analogy between billionaire investor George Soros and Marvel Comics’ antagonist Magneto. What Happened: Musk tweeted hinting at a resemblance he sees between Soros, who is also a prominent philanthropist, and the fictional character, Magneto. "Soros...
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George Soros Cashes Out Of Tesla Amid Stock's Rebound — Here's How The Billionaire's Fund Adjusted Its Portfolio In Q1
Saturday, May 13, 2023 - 3:30pm | 578Billionaire investor George Soros' family office made several changes to its portfolio holdings in the first quarter, according to 13F filed by the fund on Friday. EVs Out Of Favor: Soros Fund Management sold its entire holding of Tesla, Inc. (NASDAQ:TSLA) in the first quarter and disposed of a...
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IRS Data Shows Americans Getting $27 Billion Less In Tax Refunds This Year; Here's What Investors Can Do To Keep More Money In Their Pockets
Wednesday, April 26, 2023 - 1:24pm | 668Tax refunds can help people pay down debt and boost savings. But this year, Americans are getting less help from Uncle Sam, according to the Internal Revenue Service. The latest IRS data suggests that as of April 14, the agency has issued $215.36 billion of refunds. That is $27.3 billion — or...
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How Billionaires Like Jeff Bezos, Elon Musk and George Soros Pay Less Income Tax Than You – And How You Can Replicate The Strategy. It's Legal
Wednesday, April 19, 2023 - 10:48am | 812Most billionaires don’t get to where they are by earning a salary. And that also means they might pay less income tax than Americans who make a living through wages. According to a report from ProPublica, some billionaires in the U.S. paid little or no income tax relative to the vast amount...
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Jeff Bezos, George Soros, Mark Cuban, and Ray Dalio All Have One Thing in Common: They're Making a Big Bet on This Industry
Thursday, April 13, 2023 - 12:33pm | 708When billionaires jump on the same trend, it’s important for investors to take notice. The pieces often don’t come together immediately, but these investors have millions of dollars in resources dedicated to getting the most up-to-date information as quickly as possible. They might see...
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DeSantis Defends Trump Against 'Soros Funded Prosecutor,' But Takes A Swipe With 'Hush Money To A Porn Star'
Monday, March 20, 2023 - 3:17pm | 662The 2024 presidential election could lead to a face-off between former President Donald Trump and Florida Governor Ron DeSantis for the Republican nomination. The battle could have been elevated Monday, with DeSantis offering comments on a possible indictment of Trump. What Happened: ...
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Jeff Bezos, George Soros, Mark Cuban, and Ray Dalio All Have One Thing in Common: They're Making a Big Bet on This Industry
Monday, March 13, 2023 - 12:07pm | 712When billionaires jump on the same trend, it’s important for investors to take notice. The pieces often don’t come together immediately, but these investors have millions of dollars in resources dedicated to getting the most up-to-date information as quickly as possible. They might see...