Tag Archives: billionaire

Launching a billion-dollar business or rising to the top of the C-suite requires making some sacrifices, and oftentimes, downtime can be in short supply. CEOs are divided on how they feel about work-life balance, but many seem to take issue with the concept itself—and Amazon founder Jeff Bezos is set on redefining the notion on his own terms. “I don’t …

Launching a billion-dollar business or rising to the top of the C-suite requires making some sacrifices, and oftentimes, downtime can be in short supply. CEOs are divided on how they feel about work-life balance, but many seem to take issue with the concept itself—and Amazon founder Jeff Bezos is set on redefining the notion on his own terms.  “I don’t …

Less than 10 years after dropping out of New York University and then starting what would become the prediction market Polymarket in the bathroom of his Lower East Side apartment, Shayne Coplan has been crowned the youngest ever self-made billionaire by capitalizing on Gen Z’s readiness to bet on anything. On Tuesday, the New York Stock Exchange’s parent company, Intercontinental …

MacKenzie Scott’s latest round of gifts sends a clear message: Her commitment to diversity, equity, and inclusion remains intact—and she’s doubling down on it through major, unrestricted support for scholarship providers serving students of color and underrepresented communities. Recent donations include a $42 million gift to 10,000 Degrees, a Bay Area nonprofit expanding college access for low-income and largely non-white …

A $2 billion investment from NYSE parent ICE vaults Polymarket’s 27 year-old founder Shayne Coplan into the three-comma club and intensifies its rivalry with prediction market competitor Kalshi. At 27, Shayne Coplan has become the world’s youngest self-made billionaire. His estimated 11% stake in Polymarket, the blockchain-based prediction platform he founded in 2020, is now worth at least $1 billion. …

Peter Thiel, the billionaire political svengali and tech investor, is worried about the antichrist. It could be the US. It could be Greta Thunberg. Over the past month, Thiel has hosted a series of four lectures on the downtown waterfront of San Francisco philosophizing about who the antichrist could be and warning that Armageddon is coming. Thiel, who describes himself …

A year after John Paulson (left) raised $50 million for Donald Trump at a fundraiser at his Palm Beach home, he gained $60 million himself thanks to the government’s investment in Trilogy Metals. Getty Images The federal government’s $35.6 million investment for a 10% stake in a small Vancouver-based mining business produced a windfall for its investors, one of whom …

Billionaire Ken Griffin warns on gold’s rally as Goldman targets nearly $5,000  MarketWatch Citadel’s Griffin Calls Rush to Gold as Safer Asset ‘Concerning’  Bloomberg.com Citadel’s Griffin says U.S. on ‘sugar high’ as investors rush to gold (XAUUSD:CUR:Commodity)  Seeking Alpha US Dollar Collapsing, Investors Prefer Bitcoin, Gold, Silver Instead, Says Citadel Executive  Yahoo Finance America’s economy is on a ‘sugar high’ warns Ken Griffin, and …

One of the billionaire brothers behind the biggest meat-processing company in the world is worried about satisfying America’s insatiable craving for protein. Wesley Batista, who, with his brother Joesley Batista, controls the $15 billion Brazilian meat-packing behemoth JBS, said the U.S. needs to import more product from abroad to meet demand. “The U.S. is facing the highest beef price in …

Hedge-fund billionaire Paul Tudor Jones says stage is set for massive rally before bull market reaches ‘blow off’ top  MarketWatch Paul Tudor Jones says ingredients are in place for massive rally before a ‘blow off’ top to bull market  CNBC Paul Tudor Jones: ‘It feels like 1999’ as ingredients are in place for a dot-com bubble environment  Seeking Alpha Why Paul Tudor Jones …