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Jack Ma Loses $3B In A Day After Alibaba's Stock Crash
Wednesday, November 4, 2020 - 12:11am | 264Read More...Alibaba Group Holding Ltd (NYSE: BABA) co-founder Jack Ma’s wealth eroded by nearly $3 billion as the Chinese conglomerate’s shares fell more than 8% in New York after its Ant Group’s dual listings in Shanghai and Hong Kong were suspended, according to the Bloomberg Billionaires...
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Tim Cook Now A Billionaire As Apple Nears $2T Valuation
Tuesday, August 11, 2020 - 3:24am | 420Read More...Apple Inc (NASDAQ: AAPL) Chief Executive Officer Tim Cook is now a billionaire — thanks to the near $2 trillion market cap Apple is enjoying, Bloomberg reported Tuesday. What Happened Cook’s wealth has exceeded the $1 billion mark, according to the calculations done by...
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US Billionaires Add $406B To Collective Wealth While More Than 30M People Lose Jobs During Pandemic
Friday, May 1, 2020 - 9:28am | 680Read More...The collective wealth of billionaires rose by $406 billion in March, despite the economic havoc wreaked upon the masses by the coronavirus pandemic. The Rich Keep Growing Richer The Insitute For Policy Studies, a Washington, D.C.-based progressive think tank, noted that 170 billionaires...
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Who Made, Lost The Most Money In 2018
Monday, December 31, 2018 - 2:41pm | 416Read More...Among the list of billionaires who made the most money in 2018 are two names that are unfamiliar to many investors: Tim Sweeney and Lei Jun. What Happened 2018 was a rough — comparatively — year for billionaires, as the 500 individuals who make up the Bloomberg Billionaires Index...
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Asia Is Home To More Billionaires Than America
Thursday, November 2, 2017 - 7:28am | 332Read More...Many people would assume America is home to more billionaires than any other continent. But this isn't the case at all, according to Quartz. As of the end of 2016, the world is home to 1,542 billionaires who control $6 trillion worth of wealth. By region, 637 of these billionaires live in Asia...
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The Combined Net Worth Of The World's Billionaires Is $8 Trillion
Friday, March 10, 2017 - 2:44pm | 412Read More...The combined fortune of every billionaire in the planet is a mind-boggling $8 trillion, up 16 percent from a year ago. According to the Hurun Global Rich List 2017, there are 2,257 billionaires in the world — 69 more than there were a year ago and 804 more compared to five years ago. For the...
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The World's Elite Made A Cool $237 Billion Throughout 2016
Wednesday, December 28, 2016 - 10:38am | 424Read More...2016 was a good year for the world's richest, who collectively made $237 billion throughout the year. According to the Bloomberg Billionaires Index, the total net worth of the world's 200 richest rose 5.7 percent to $4.4 trillion through the end of trading on December 27. Leading the charge was...
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This 25-Year-Old Heir Became A Multi-Billionaire Overnight
Thursday, August 11, 2016 - 8:06am | 289Read More...Gerald Cavendish Grosvenor, the UK's wealthiest native-born person, died suddenly on Wednesday at the age of 64. He held the title 'Duke of Westminster' and his fortune totaled 13 billion pounds ($19 billion) in 2015. As a duke, (the highest ranking member of a county, not to be...
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Mark Cuban Has Some Advice If You Want To Be A Billionaire
Monday, June 6, 2016 - 12:36pm | 363Read More...Mark Cuban best exemplifies the "American Dream" as he hustled his entire life to achieve greatness not only in personal wealth, but his impact on society. Cuban's ambitions can be traced back to his roots as selling garbage bags door-to-door as a teen in Pittsburgh. Today,...
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Why Some Billionaires Are Turning Bearish
Tuesday, September 16, 2014 - 11:58am | 655Read More...Real estate mogul Sam Zell has never been shy about expressing his opinions, and his tone on equities is sounding increasingly bearish. Sam Zell During a recent CNBC interview, Zell noted, “I don't remember any time in my career where there have been as many wildcards floating out...
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How To Invest Like A Billionaire Using ETFs
Monday, August 4, 2014 - 3:20pm | 482Read More...The investment community has long been fascinated with the stock-picking prowess of billionaire investors such as Warren Buffett or Carl Icahn. Until recently, the easiest way to access the best ideas of these rock star investors was to purchase their holding companies, such as Buffett’s...
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Mark Zuckerberg: Spreading The Wealth
Thursday, December 9, 2010 - 11:33am | 255Read More...Like so many of the world's most well-known billionaires, Mark Zuckerberg has taken the first step in becoming a grand-scale philanthropist. The Wall Street Journal reports that Zuckerberg has signed onto the Giving Pledge, which asks its signatories to commit publicly to give away the majority of...













