Latest in Rich Billionaire
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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 -
Battle of the billionaires: the mega rich spending to swing the US election
A small number of big spenders are having an outsize effect on fundraising in the 2024 presidential voteWorld - Financial Times - October 27 -
Founder of TikTok owner ByteDance jumps to top of China’s rich list as number of billionaires shrinks
Zhang Yiming, the founder of TikTok owner ByteDance, is China’s richest person, with personal wealth of $49.3 billion, an annual rich list showed Tuesday.Top stories - NBC News - October 30 -
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 -
Steve Ballmer on becoming one of the world's richest billionaires
LA Clippers owner and former Microsoft CEO Steve Ballmer, has seen his net worth soar north of $120 billion.Top stories - CBS News - October 13 -
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 -
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 -
$10mn? $30mn? $100mn? The redefinition of the super-rich
The rapid rise in billionaires has disrupted what it means to be part of the moneyed eliteBusiness - Financial Times - October 14 -
Is there a danger of F1 becoming the best rich drivers?
F1 correspondent Andrew Benson answers your questions before the season resumes with this weekend's United States Grand Prix.Top stories - BBC News - October 15 -
My brilliant Korea: rediscovery of a rich cultural narrative
By writing a book about Korean myths, a writer learned that the old stories ran deep in her family. In my childhood homes, I grew up with Korean culture all around me. For years we had a woodblock ...World - The Guardian - October 20 -
The Patagonian shale riches driving Argentina to an energy surplus
New oil pipelines will boost exports from the Vaca Muerta formation, although gas infrastructure is more complexWorld - Financial Times - October 23 -
How squeezing the rich through tax may backfire
If Britain is to have a more European welfare state, it needs a more European tax systemBusiness - Financial Times - October 24 -
Meme coins’ unlikely rally turns gags into riches
A bewildering resurgence shows that followers can be found even in the frothiest end of the spectrumWorld - Financial Times - November 1 -
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Elon Musk battles Indian billionaires over satellite internet spectrum
Starlink head in spat with owners of Reliance Jio and Bharti Airtel mobile networks who call for space bandwidth auctionsWorld - Financial Times - October 16 -
Billionaire Tom Gores to buy 27% of the LA Chargers for $750 million
Gores is buying in at an enterprise value of $4 billion, more than a 30% discount to the team's value of $5.83 billion, according to CNBC's 2024 rankings.Business - CNBC - October 17 -
Billionaire investor says market is 'very convinced' of Trump victory
Billionaire investor Stanley Druckenmiller said Wednesday that the market is “very convinced” of an election victory for former President Trump. “I must say, in the last 12 days, the market and the ...Politics - The Hill - October 17 -
Battle of the billionaires: Harris deploys Mark Cuban as Elon Musk stumps for Trump
As Elon Musk steps up his work on behalf of former President Donald Trump, Kamala Harris is calling in her own billionaire, Mark Cuban.Politics - NBC News - October 17 -
How Silicon Valley Billionaires Became Trump’s Biggest Donors
Elon Musk and a group of Silicon Valley allies have built a shadow campaign to put Donald Trump back in office.Top stories - The New York Times - October 18 -
Meet David Hoffmann, the Florida Billionaire Buying Up Print Newspapers
David Hoffmann has already bought 5 percent of one of America’s largest newspaper companies. Now, he wants to control the whole thing.Business - The New York Times - October 22 -
Legal concerns over billionaire Elon Musk PAC giveaway to support Trump
A campaign tactic by Donald Trump ally Elon Musk is raising new legal concerns. The billionaire is offering a big cash prize to battleground state voters who sign a petition for his Trump super ...Top stories - CBS News - October 22 -
Another billionaire investor positions for a Trump win. He’s placing ‘inflation trades.’
Legendary investor Paul Tudor Jones said Tuesday he’s moved his portfolio in the direction of a victory by Donald Trump in the Nov. 5 presidential election, but warned of a potential reckoning over ...Business - MarketWatch - October 23 -
Musk v Ambani: Billionaires battle over India's satellite internet
Musk's Starlink and Mukesh Ambani are preparing to face off in India’s satellite broadband market.Top stories - BBC News - October 22 -
Democrats rip Musk as billionaire takes leading role in Trump campaign
Billionaire tech magnate Elon Musk is drawing attacks from top Democrats and concern from election watchdogs as he barnstorms for former President Trump in a crucial swing state. Over the past ...Politics - The Hill - October 25 -
‘Anticipatory obedience’: newspapers’ refusal to endorse shines light on billionaire owners’ motives
The Los Angeles Times and the Washington Post both declined to endorse a candidate – a sign of political media capture. When two American billionaires blocked the newspapers they own from endorsing ...World - The Guardian - October 26 -
Who is Bidzina Ivanishvili, the shadowy billionaire behind Georgia’s pivot to Russia?
Country’s wealthiest and most influential figure has guided shift away from the west while cultivating an air of mystery. In the winding streets of ancient Tbilisi, one is ever under his watchful ...World - The Guardian - October 27 -
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 - 6 days ago -
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 - 5 days ago -
A Russian reprieve for JPMorgan?
Trump victory puts a twist in the tale of Moscow vs America’s biggest bankWorld - Financial Times - 2 days ago -
Was the Polymarket Trump whale smart or lucky?
Know thy neighbour, not thy traderWorld - Financial Times - 2 days ago -
‘It’s boom time’: Renewable growth is faster in the global south than in rich countries
Energy consultancy RMI says emerging economies could overtake rich nationsWorld - Financial Times - October 16 -
CNBC's Inside India newsletter: The changing face of India's rich
The Tatas, Ambanis and Adanis have long been the face of India's wealthy population. That is changing as India's rich populace gets a new identity.Business - CNBC - October 17 -
These ultra-rich college endowment funds have a lot to learn about investing
Endowment managers’ attraction to hedge funds, real estate and other alternative investments ends poorly.Business - MarketWatch - October 19 -
It Is ‘All About the Fish’ on Park Ave.
Avid and influential anglers turned out to honor Bob Rich Jr. at the Bonefish & Tarpon Trust’s annual gala in Manhattan.Lifestyle - The New York Times - October 19
