Latest in Billionaire's Million Investment
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Banana auction billionaire's $30 million investment in Trump's crypto token highlights new ways to enrich president-elect
Billionaire Justin Sun, who paid $6.2 million for a banana at auction, has invested $30 million into Donald Trump's crypto venture token.Business - CNBC - Yesterday -
U.S. indicts Indian billionaire Gautam Adani in $265 million bribery scheme
Gautam Adani, one of the world's richest people, is accused of concealing that a solar energy project was being facilitated by an alleged $265 million bribery scheme.Top stories - CBS News - 6 days ago -
Tencent to Invest $500 Million in Cloud Infrastructure in Indonesia
Tencent Holdings plans to set up its third internet data center in Indonesia, as the Chinese tech giant furthers its partnership with GoTo Group and Alibaba Group.Business - The Wall Street Journal - November 11 -
Exxon to Invest $200 Million to Expand Texas Plants
Exxon plans to expand its effort to build the plans to process 1 billion pounds of waste annually by 2027.Business - Inc. - 5 days ago -
Michael Bloomberg’s $50 million donation to Harris campaign could be half of what the billionaire’s real estate is worth
From the Hamptons to the Bahamas, Bloomberg has amassed an incredible portfolio of lavish properties around the globe.Business - MarketWatch - November 4 -
With Senate control at stake, these billionaires and groups have spent over $160 million on this one Montana race
Billionaires are keeping a close eye on Montana’s Senate race and have poured an unprecedented amount of money into the state, hoping to tilt the fight to control the Senate.Business - MarketWatch - November 4 -
Here’s your $22 million chance to be neighbors with Bill Gates or Jeff Bezos, and why billionaires love this town so much
A staggering waterfront “smart home” that is located in a billionaire-loved Seattle suburb has been put on the market for $22 millionBusiness - MarketWatch - November 20 -
Arizona counties invest millions to reassure voters of election security
The ballot boxes in Arizona's Pinal County are equipped with GPS tracking devices, something officials say can assure the public all election equipment is protected.Top stories - CBS News - October 31 -
This Electric Aircraft-Maker Just Landed a $318 Million Investment
Beta Technologies’s Series C funding comes just a month after a $20 million investment to build out charging infrastructure across the country.Business - Inc. - November 1 -
Investment firm stole $658 million in a Ponzi scheme targeting conservatives and immigrants
Using celebrity endorsers like Bill O’Reilly and buying ads targeting conservatives and immigrants, a New Jersey real-estate investment company promised huge returns but stole millions.Business - MarketWatch - November 13 -
McDonald's investing $100 million to lure customers after E.coli outbreak
The U.S. Centers for Disease Control and Prevention has said slivered onions on the McDonald's Quarter Pounders were the likely source of the E. coli.Top stories - CBS News - November 16 -
McDonald’s to Invest $100 Million in E. Coli Outbreak Recovery
Of that, $65 million will go to the McDonald’s franchises hit the hardest.Business - Inc. - November 16 -
Apple Offers $100 Million Investment in Indonesia to Lift iPhone 16 Ban
The amount the U.S. tech giant has offered is 10 times higher than an initial plan to invest $10 million and will be invested over the next two years.Tech - The Wall Street Journal - 6 days ago -
Indonesia arrests Filipino fugitive accused of running a $67 million investment scam
Authorities on Indonesia’s tourist island of Bali said they've arrested a Filipino fugitive accused of helping scam over $67 million out of clients in the PhilippinesWorld - ABC News - Yesterday -
Apple Offers $100 Million Investment in Indonesia to Lift iPhone 16 Ban
The amount the U.S. tech giant has offered is 10 times higher than an initial plan to invest $10 million and will be invested over the next two years.Tech - The Wall Street Journal - 6 days ago -
I’m 71 with $2 million in retirement savings and a conservative investment strategy. Am I doing this right?
“I’m in good health and still working part time.”Business - MarketWatch - November 16 -
McDonald's to invest more than $100 million to speed up recovery after E. coli outbreak
This week, the company completed the return of Quarter Pounder burgers, with slivered onions, to all restaurant menus nationwide.Business - CNBC - November 15 -
Washington Spirit owner Michele Kang makes $30 million investment in U.S. Soccer women's and girls' programs
Kang's is the largest philanthropic investment in women's and girls' soccer in the federation's historySports - CBS Sports - 3 days ago -
Billionaires see the stakes of election
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Billionaires with business interests riding on election For billionaires who have ...Politics - The Hill - October 31 -
China loses third of its billionaires as economy falters
ByteDance chief Zhang Yiming leads country’s ‘rich list’ with $49bn fortuneWorld - Financial Times - October 29 -
FirstFT: Harris calls on America to ‘turn the page’ on Trump
Also in today’s newsletter, Ukraine and Russia hold secret talks, while Alphabet and Reddit shares rise after resultsWorld - Financial Times - October 30 -
An excess of billionaires is destabilising politics – just as academics predicted
Politicians have always courted the wealthy, but Elon Musk and co represent a new kind of donor, and an unprecedented danger to democracy. The concept of “elite overproduction” was developed by ...World - The Guardian - October 31 -
Billionaires have business interests hinging on election outcome
Billionaires who have funneled tens of millions of dollars into the 2024 election or who have made key decisions affecting the race have a lot riding on the outcome. Two of the biggest names to get ...Politics - The Hill - October 31 -
Gautam Adani charged in US over alleged $250mn bribery scheme
Prosecutors accuse tycoon and others of lying to investors and offering millions in bribes to land lucrative contractsWorld - Financial Times - 6 days ago -
US charges Indian billionaire Adani over alleged $250m bribery scheme
The Adani Group has denied the allegations of bribery and fraud, calling them "baseless".Top stories - BBC News - 6 days ago -
It’s bananas to regard art as an investment
Enjoy your paintings and sculptures. Just don’t expect a return on what you paid for themBusiness - Financial Times - 8 hours ago -
The Washington Post is a reminder of the dangers of billionaire ownership | Siva Vaidhyanathan
In blocking the newspaper from endorsing Kamala Harris, Jeff Bezos is not acting cowardly so much as slyly. Last week the Washington Post refrained from endorsing a candidate in the presidential ...World - The Guardian - October 29 -
Steve Ballmer: the tech billionaire asking if voters want ‘just the facts’
Former Microsoft boss seeks to build better democracy with dataWorld - Financial Times - November 2 -
Revealed: billionaires are ‘ultimate beneficiaries’ linked to €3bn of EU farming subsidies
Thousands of small farms have closed according to analysis of official but opaque data from EU member states. ‘We didn’t realise how hard it is’: small farmers in Europe struggle to get by The ...World - The Guardian - November 3 -
Australian billionaire Ellison to leave miner over ‘profoundly disappointing’ conduct
Mineral Resources shares fall 10% after board concludes founder used company resources for personal benefitWorld - Financial Times - November 4 -
A Russian reprieve for JPMorgan?
Trump victory puts a twist in the tale of Moscow vs America’s biggest bankWorld - Financial Times - November 7 -
Was the Polymarket Trump whale smart or lucky?
Know thy neighbour, not thy traderWorld - Financial Times - November 7 -
For billionaire Mark Cuban, luxury real estate in a prime location trumps politics
Though the ‘Shark Tank’ star and entrepreneur has been a vocal critic of Donald Trump, he still hangs on to his lux N.Y. condo in the Trump tower.Business - MarketWatch - November 11 -
How billionaires could benefit from Trump's second term
Billionaires backed President-elect Donald Trump's bid to get back in the White House, but now that the deal is done, what could they get in return? CBS News investigative reporter Dan Klaidman ...Top stories - CBS News - November 12 -
Olav Thon, billionaire Norwegian real estate developer, dead at 101
Olav Thon, a billionaire entrepreneur recognizable for his bright red cap who went from selling leather and fox hides in his youth to build one of Norway’s biggest real estate empires, has diedWorld - ABC News - November 16 -
Be brave and impose minimum tax on world’s billionaires, urges Spanish minister
Carlos Cuerpo calls on G20 leaders to act and says election results show citizens want redistribution of wealth. Spain’s economy minister has urged the world’s richest countries to “be brave” and ...World - The Guardian - November 18 -
Gautam Adani takes on plan to redevelop Mumbai’s biggest slum
Locals and opposition parties denounce tycoon’s bid to rehouse 1mn people in crowded part of India’s financial capitalWorld - Financial Times - November 20
