Meet Netflix billionaire Reed Hastings, who has spent millions on education...
After racking up $40 in late fees at a traditional video rental store, Reed Hastings co-founded Netflix and made $5 billion in the process.Before founding Netflix, Hastings spent one year teaching in...
View ArticleZoom billionaire Eric Yuan made $5 billion in one day as the videoconference...
Zoom CEO Eric Yuan made $5.2 billion Monday after his videoconferencing company reported record quarterly earnings, Bloomberg reports.Zoom said its revenue during the second quarter was 355% higher...
View ArticleHong Kong's richest man holds an $11 billion stake in Zoom that makes up...
Li Ka-shing, Hong Kong's richest man, currently holds an 8.6% stake in video-conferencing app Zoom, worth about $11 billion, Bloomberg reported. After Zoom reported a 355% jump in revenue for the...
View ArticleTyler Perry is America's newest billionaire
Tyler Perry built a billion-dollar fortune writing, producing, and starring in films, television shows, and plays for Black audiences overlooked by mainstream Hollywood.Forbes attributed Perry's...
View ArticleHow Michael Jordan makes and spends his $1.6 billion fortune
Summary List PlacementMichael Jordan is considered to be the greatest NBA player of all time. He's also the richest former professional athlete in the world.Jordan made less than $100 million while a...
View ArticleBillionaire Bill Ackman says market turbulence stems from election and virus...
Summary List PlacementBillionaire investor Bill Ackman told Bloomberg that Thursday's market turbulence isn't a surprise, but also isn't "the beginning of the end." The Nasdaq dipped over 5% in...
View ArticleThere are 614 billionaires in the United States, and only 7 of them are Black
Summary List PlacementIt's not easy for anyone to become a billionaire in America, but it's likely even harder if you're Black.Only seven of the United States' 614 billionaires are African American,...
View ArticleKanye West claims he's worth $5 billion in new interview after striking...
Summary List PlacementKanye West says his deal with Gap nearly doubled his net worth.West made the claim on a September 1 episode of 'Cannon's Class,' telling podcast host Nick Cannon that his net...
View ArticleJapanese billionaire laments $41 million loss from day trading in volatile...
Summary List PlacementJapanese billionaire Yusaku Maezawa expressed regret on Sunday for day-trading stocks and losing 4.4 billion yen (roughly $41 million) in the process.The former CEO of e-commerce...
View ArticleAmerica's 400 wealthiest people added $240 billion to their net worths in the...
Summary List PlacementSEE ALSO: There are 614 billionaires in the United States, and only 7 of them are BlackDON'T MISS: Meet Netflix billionaire Reed Hastings, who has spent millions on education...
View ArticleDonald Trump has fallen 77 places in Forbes' ranking of the 400 richest...
Summary List PlacementThe coronavirus pandemic has decimated the finances of millions of Americans.President Trump's fortune has taken a hit, too: He is nearly $600 million less rich than he was 12...
View ArticleWarren Buffett has lost more money in the past year than anyone else on...
Summary List PlacementSEE ALSO: America's 400 wealthiest people added $240 billion to their net worths in the past 12 months despite the pandemicDON'T MISS: Meet Netflix billionaire Reed Hastings, who...
View ArticleMeet Eric Yuan, the founder and CEO of Zoom, who has made over $12 billion...
Summary List PlacementThe coronavirus crisis has eliminated millions of Americans' sources of income, but not Eric Yuan's.Yuan is the founder of video conferencing app Zoom. Even before the outbreak of...
View ArticleBillionaire Ray Dalio says a Joe Biden win in November wouldn't hurt the...
Summary List PlacementRay Dalio told Top100funds.com that a Joe Biden win will be a "negative initially" for markets but won't be bad in the longer term. The founder of Bridgewater Associates...
View ArticleBillionaire investor Michael Hintze's hedge fund still down 43% this year...
Summary List PlacementBillionaire investor Michael Hintze's hedge fund posted a 1.3% return in August but remains down 42.5% this year, Bloomberg reported Friday.Hintze's CQS Directional Opportunities...
View ArticleBillionaire financier Ken Griffin committed $20 million campaigning for...
Summary List PlacementFrom how he's been writing and donating, Ken Griffin really doesn't want Illinois to change its tax scheme which would raise the taxes of wealthy people like him.The billionaire...
View ArticleStarbucks billionaire Howard Schultz just endorsed Biden after nearly running...
Summary List PlacementHoward Schultz is backing Biden for president.The future of democracy in America is on the ballot in November as America continues to battle the coronavirus pandemic and faces...
View ArticleBillionaire investor Ray Dalio warns the US is in a period of 'great risk' —...
Summary List Placement Billionaire investor Ray Dalio told Bloomberg that the US is in a period of "great risk" because of rising deficits and the uncertainty around the upcoming US election. The most...
View ArticleMeet Costco's multimillionaire cofounder Jim Sinegal, a Democrat megadonor...
Summary List PlacementAfter discovering a passion for retail in college, Jim Sinegal cofounded Costco and built it into one of the largest retailers on the globe, while largely staying out of the...
View ArticleHer fortune came from Hyatt hotels; his came from the Erie Canal. Now, they...
Summary List PlacementWhen couples discuss money over the kitchen table, the conversation is often focused on how to spend less of it, not more.And when they do plot how to spend more of it, it's not...
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