82-year-old CEO grew a $7.8 billion fortune from company shares—now she’s selling stock to charity and signed Bill Gates' pledge to give away 99%

82-year-old CEO grew a $7.8 billion fortune from company shares—now she’s selling stock to charity and signed Bill Gates’ pledge to give away 99%

CEOs with major controlling stakes in their billion-dollar companies have the power to make themselves richer and richer, but one 82-year-old tech leader isn’t cashing in for herself. Judy Faulkner, the CEO of Epic Systems, has been selling her non-voting shares back to the company—and redirecting the profits elsewhere. “I’ve never cashed a single share…

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Bill Gates and Warren Buffett's Giving Pledge after 15 years: Only 9 of the 256 billionaires actually followed through on giving away half their wealth

Bill Gates and Warren Buffett’s Giving Pledge after 15 years: Only 9 of the 256 billionaires actually followed through on giving away half their wealth

The Giving Pledge is a charitable campaign, launched in 2010 by Bill Gates and Warren Buffett, that invites the world’s wealthiest individuals and families to publicly commit to giving away at least 50% of their wealth to philanthropy, either during their lifetimes or in their wills. The Institute for Policy Studies’ report “The Giving Pledge…

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Figma’s CEO is now worth $5 billion after IPO—like Mark Zuckerberg, he dropped out of college to build a tech empire instead of sitting in class

Figma’s CEO is now worth $5 billion after IPO—like Mark Zuckerberg, he dropped out of college to build a tech empire instead of sitting in class

Figma burst onto the public stock exchange last week, surging in share price by 333% and hitting a market cap of over $70 billion in just the first few days of trading. For investors bullish on startups, last week was a rejuvenation after a sluggish stretch in the IPO market. But for Figma cofounder and…

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Tesla’s poor stock performance has slashed Elon Musk’s wealth by $80 billion—another tumble like that could dethrone the world’s richest man

Tesla’s poor stock performance has slashed Elon Musk’s wealth by $80 billion—another tumble like that could dethrone the world’s richest man

Elon Musk claims to have slashed billions of dollars worth of wasteful spending during his time as head of the Department of Government Efficiency (DOGE)—but his controversial role may have done more damage to his pocketbook than he anticipated. This year alone, Musk has lost some $80 billion in his net worth, bringing his current…

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America's wealthiest suburb where annual household income tops $600K — and it's located in New York state

America’s wealthiest suburb where annual household income tops $600K — and it’s located in New York state

Big Apple commuter town. Seriously big bucks. Scarsdale has been named America’s wealthiest suburb in a new study, with the mean household income exceeding an eye-popping $600,000 in 2023. The tony Westchester town, with a population of 17,723 residents, topped the rich list, compiled by GOBankingRates. The company analyzed suburbs with at least 5,000 households,…

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