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Apple CEO Tim Cook became a billionaire this month, after nine years at the helm of the world’s most valuable company. The 59-year-old executive’s net worth passed the $1 billion mark thanks to a nearly 5 percent jump in Apple’s stock price last week that put its market value near $2 trillion, according to an …
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You know what’s really cool? $100 billion. On Thursday, Facebook’s Mark Zuckerberg joined the so-called Centibillionaire Club — the gang of three people who have a net worth of more than $100 billion. The only other club members are Amazon chief Jeff Bezos and Microsoft co-founder Bill Gates. The BBC reports that Zuckerberg was pushed into the …
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Mark Zuckerberg has joined the world’s most exclusive club of the ultra rich. The Facebook CEO on Thursday became a centibillionaire: someone who is worth at least $100 billion. He crossed the milestone after shares in the social network surged. Only two other men, Amazon’s Jeff Bezos and Microsoft’s Bill Gates, have bigger personal fortunes. …
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Hedge fund billionaire Ray Dalio fired off a bunch of tweets promoting his bestselling book on Friday — minutes after it was reported that his hedge fund axed staff amid steep losses. Dalio’s Bridgewater Associates, located in Westport, Conn., handed out pink slips to dozens of employees on Friday, according to the Wall Street Journal, …
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Amazon CEO Jeff Bezos added a record $13 billion to his fortune on Monday amid a coronavirus-fueled boom for his e-commerce empire. A 7.9 percent jump in Amazon’s stock price helped the world’s richest man notch the largest one-day increase to any individual’s net worth in the history of Bloomberg’s Billionaires Index, which tracks the …
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That’s some pay raise. Tesla CEO Elon Musk added a whopping $5 billion to his net worth on Monday thanks to Tesla’s never-ending stock rally, allowing him to finish the day as the fifth-richest person in the world with a net worth of $74.2 billion. Musk, who as recently as a few weeks ago was …
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An activist investor declared that “Elizabeth Warren is right” as he left the helm of his giant hedge fund to focus on environmental and social-impact investing. Jeffrey Ubben — a corporate cage-rattler who has prodded for change at behemoths including Microsoft, BP and Nintendo — said he is leaving his $16 billion hedge fund, ValueAct …
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Jeff Bezos would have become the world’s first $200 billion man on Monday — if not for that pesky divorce last year. The world’s richest man saw his net worth grow by $2.6 billion on Monday to top $152 billion, according to Forbes, while ex-wife MacKenzie Bezos saw her own wealth hover just shy of …
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The combined fortunes of America’s billionaires ballooned by $434 billion during the coronavirus pandemic, even as millions of Americans lost their jobs, a new report says. That marked a 15 percent increase in the total net worth of the nation’s more than 600 billionaires between March 18 and May 19 as much of the country …
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Amid the collapsing economy due to the coronavirus pandemic, Jeff Bezos is expected to come out smelling like a rose — and reach the exalted status of the world’s first trillionaire, according to research. The Amazon founder — whose fortune is estimated at $143 billion, up from $125 billion on April 12, according to the …
Apple CEO Tim Cook became a billionaire this month, after nine years at the helm of the world’s most valuable company. The 59-year-old executive’s net worth passed the $1 billion mark thanks to a nearly 5 percent jump in Apple’s stock price last week that put its market value near $2 trillion, according to an …
