Latest in Billionaires Cash
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Billionaires and their cash head to Washington for Trump’s inauguration
CEOs are lining up for a swearing-in ceremony that is expected to smash fundraising recordsFinancial Times - 16h -
Democrats push for inaugural oversight as Trump committee rakes in cash
Trump's second inaugural committee has reportedly raked in $170 million and is on track to end up with around $200 million.CNBC - 1d -
Your cash emergency fund probably isn’t going to cut it in this economy
The amount of time people spend looking for a new job in the U.S. has grown lengthier — yet most people have not adjusted their savings to account for that.MarketWatch - 13h -
Jays add Straw, cash for Sasaki in Guardians deal
The Blue Jays acquired $2 million in international signing bonus pool money and outfielder Myles Straw in a trade with the Guardians on Friday.ESPN - 1d -
Kevin O'Leary says he's offering $20B cash for TikTok
Investor Kevin O’Leary, widely known as a star from “Shark Tank,” said he offered TikTok’s owners $20 billion in cash to buy the platform during a Friday appearance on Fox News’s “America’s ...The Hill - 1d -
Democrats push for inaugural oversight as Trump committee rakes in cash
Senate Democrats are pushing for more transparency from presidential inaugural committees, as a wave of cash from corporations and their billionaire leaders floods Washington, D.C., before ...NBC News - 1d -
Cash App owner failed to protect customers from fraud, feds say
Cash App-owner Block must offer up to $120 million in refunds to consumers who federal regulators say were exposed to potential fraud.CBS News - 1d -
Cash App Ordered to Pay $255 Million in Penalties Over Fraud
The transfer-money app, owned by Jack Dorsey’s Block, racked up a hefty bill of fines and restitution for what federal regulators called “woefully incomplete” customer protections.The New York Times - 2d -
At Davos, Trump will face a less friendly brand of billionaire – but their dominance is waning | Larry Elliott
These high priests of globalisation are facing the fact that Trump’s tariffs are part of a global shift to protectionism. Hollywood would struggle to come up with a better plot. On Monday, as ...The Guardian - 2d -
Billionaire Bill Ackman wants to build a ‘modern-day Berkshire Hathaway’
Ackman has unveiled his vision to form a new business out of Howard Hughes Holdings “that would acquire controlling interests in operating companies.”MarketWatch - 4d -
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MLS to implement cash transfers between clubs
The MLS announced Tuesday will be allowed to use cash to acquire players from other clubs for the 2025 season, marking a significant shift from previous rules that restricted transfers to non-cash ...ESPN - 4d -
Billionaire Issa brothers’ EG Group readies $13bn US IPO
Private equity-backed petrol station business expected to list as early as this yearFinancial Times - 6d -
Jamie Dimon on the economy, billionaires, and income inequality
The chairman and CEO of JPMorgan Chase explains why he's referred to cryptocurrencies like Bitcoin as a Ponzi scheme; his bank's efforts to improve the lives of lower-income Americans; and his ...CBS News - 6d -
China's Local Governments Settle Overdue Bills With Apartments, Not Cash
In recent years, Chinese property developers have used unsold apartments to settle debts to construction companies and furniture suppliers. Now, Chinese local governments are following suit.The Wall Street Journal - 6d -
Death threats by WhatsApp: extortion drains Peruvians’ cash
From barbers to private schools, businesses and individuals are forced to send payments to criminals active across the regionFinancial Times - 6d -
Scott Bessent, Trump’s Billionaire Treasury Pick, Will Shed Assets to Avoid Conflicts
Financial disclosure forms show hundreds of millions of assets including property in the Bahamas and investments in Bitcoin and bets against China’s currency.The New York Times - Jan. 11 -
To resist the climate crisis, we must resist the billionaire class | Peter Kalmus
To solve the climate crisis, power must flow away from the billionaire class. When I feel uncertain, I find it’s helpful to write down things I know to be true. Fossil fuels are causing ...The Guardian - Jan. 10 -
Billionaire Frank McCourt's Project Liberty bids for TikTok ahead of Supreme Court arguments
The internet advocacy group's proposed purchase would bring TikTok under American ownership and prevent it from being banned in the U.S.CNBC - Jan. 9 -
This Billionaire’s ‘Don’t Die’ Strategy Boils Down to 5 Basics
Bryan Johnson, the founder of Braintree and subject of a new Netflix doc, is on a quest for remarkable longevity.Inc. - Jan. 9 -
Australian casino group Star faces cash crunch as shares tumble 28%
Money laundering penalties and cost of living crisis take toll on gambling operationsFinancial Times - Jan. 9 -
Trump Inauguration, Awash in Cash, Runs Out of Perks for Big Donors
The president-elect has raised more than $170 million for his swearing-in, an inaugural record, as wealthy Americans flock to curry favor with him and some give money even without the prospect of ...The New York Times - Jan. 8 -
Bitcoin Is Luring More Companies and Their Cash
It is a sharp pivot away from the cautious approach of the traditional corporate treasury, normally charged with safeguarding cash rather than chasing higher returns.The New York Times - Jan. 8 -
China expands ‘cash for clunkers’ scheme to rice cookers and microwaves
Beijing unveils $11bn in subsidies to trade in appliances amid concern over weak economic momentumFinancial Times - Jan. 8 -
The Billionaire Mining Magnate Who Bet Coal Had a Future---and Won Big
The U.K. closed its last coal-powered plant, but 76-year-old Low Tuck Kwong ignored naysayers and built a fortune from the world’s dirtiest fossil fuel.The Wall Street Journal - Jan. 7 -
Meta Follows Elon Musk’s Lead, Moves Staffers to Billionaire-Friendly Texas
According to Mark Zuckerberg, Meta trust and safety workers will be relocated to Texas to prevent them from “censoring” users. Experts point to other advantages.Wired - Jan. 7 -
Emirati billionaire investing $20B in US to build data centers
President-elect Trump announced Tuesday that Emirati billionaire Hussain Sajwani plans to invest $20 billion in the United States “over a very short period of time” to build data centers across the ...The Hill - Jan. 7 -
Business leaders court Trump as UAE billionaire promises to spend $20 billion on U.S. data centers
President-elect Donald Trump drew another expression of support on Tuesday, as a billionaire businessman from the United Arab Emirates, Hussain Sajwani, promised to spend at least $20 billion in ...MarketWatch - Jan. 7 -
Will flattery get you everywhere with Donald Trump? Billionaires are determined to find out | Arwa Mahdawi
The US has been for sale to the highest bidder for some time, while democracy dies in plain sight. The difference now? How shamelessly transactional the incoming president is. Reader, I was wrong. ...The Guardian - Jan. 7 -
Maga vs the billionaires
Trump’s fragile coalition is already splintering over immigrationFinancial Times - Jan. 6 -
Seahawks' Smith cashes in on $6M bonus in win
While Geno Smith said he cared most about the win in Sunday's finale, he also hit three contract escalators in the game worth $6 million.ESPN - Jan. 5 -
Washington Post cartoonist quits after drawing of Bezos, other billionaires with Trump is rejected
A Washington Post cartoonist has quit her role at the paper, saying that her bosses blocked publication of a satirical cartoon that depicted billionaires, including one resembling Post owner Jeff ...NBC News - Jan. 5 -
Washington Post cartoonist quits after drawing of Bezos, other billionaires with Trump rejected
A rough sketch of the cartoon shows several men resembling corporate billionaires kneeling before a man wearing a suit and a long tie, representing Trump.CNBC - Jan. 5 -
How Jensen Huang and 3 Nvidia Board Members Became Billionaires
Longtime Nvidia board member Tench Coxe is among the company’s newly minted billionaires.Inc. - Jan. 2 -
How Saffron, a Precious Import, Became an American Cash Crop
It’s hard work to harvest, but a growing cadre of small farmers and home gardeners are cultivating the spice for profit, or simply pleasure.The New York Times - Jan. 2 -
Number of US venture capital firms falls as cash flows to tech’s top investors
Risk-averse financial institutions concentrate money on biggest Silicon Valley VCs in trend that threatens smaller groupsFinancial Times - Jan. 1
