For nearly two decades, starting in 1990, Bill Gates consistently held the title of either the richest or second-richest person on the list of America’s wealthiest individuals. However, in a significant change, Gates’ ranking dropped to No. 9 on the 2023 wealthiest list, down from No. 6 the previous year. Despite retaining a substantial fortune…
Taiwan’s foreign ministry has made it clear that the country is not subordinate to China in response to China’s President Xi Jinping‘s claim that “Taiwan is a sacred territory of China,” Taiwan News reported. While addressing a press conference on Tuesday, MOFA Spokesperson Jeff Liu responded by emphasising that Taiwan has never been ruled by…
Market watchers are saying that Warren Buffett may be looking to buy Japanese financial firms and shipping companies as Berkshire Hathaway Inc.’s return to the yen bond markets fuels speculation he’s raising money to build stakes in value stocks. The billionaire’s company this week mandated banks to manage a yen bond sale in the global…
Oct 03, 2024 11:00 AM IST OpenAI seeks $6.6 billion from investors with non-competition pledge, targeting rivals like Anthropic and xAI. As global investors such as Thrive Capital and Tiger Global invest $6.6 billion in OpenAI, the ChatGPT-maker sought a commitment beyond just capital — they also wanted investors to refrain from funding five companies…
Elon Musk had funded Republican causes long before he endorsed Trump in July, per new reports. He has funneled millions in donations to conservative groups since 2022. His America PAC has also donated tens of millions of dollars to support Trump’s campaign. Thanks for signing up! Access your favorite topics in a personalized feed while…
Bill Gates, co-chairman of the Bill & Melinda Gates Foundation, attends a news conference at the World Economic Forum 2022 (WEF) in the Alpine resort of Davos, Switzerland May 25, 2022. — Reuters After nearly two decades of being ranked as either the richest or second richest person on the annual Forbes 400 list of…
In a recent LinkedIn post, billionaire investor Ray Dalio, founder of Bridgewater Associates, offered his insights on China’s economic future, suggesting the country stands at a critical juncture. What Happened: Dalio’s analysis comes in the wake of significant policy announcements by Chinese leadership, including President Xi Jinping and key economic bodies. Dalio highlighted three key…
Former First Lady Melania Trump offered a passionate defense of a woman’s right to abortion, including in the late stages of pregnancy — a direct contradiction of the views of her husband, Republican presidential nominee Donald Trump, according to excerpts of her memoir that is scheduled to be released next week. “It is imperative to…
Oct 03, 2024 08:14 AM IST Warren Buffett’s Bank of America stock sales slowed for the third consecutive round, totaling $338 million. Warren Buffett’s sales of Bank of America stock slowed for a third straight round, fetching some of the lowest prices since he began a spree of liquidations in mid-July. Warren Buffett, Chairman and…
Elon Musk covertly funneled tens of millions of dollars to conservative groups and Republican campaigns years before he publicly threw his weight behind former President Donald Trump, according to The Wall Street Journal. The newspaper reported Wednesday that the tech mogul secretly gave more than $50 million to bankroll a series of ad campaigns by…