The way you handle your personal finances says a lot about you. It shows how you can cope with financial difficulties, manage your income, save, and even invest. Learning financial skills and gaining financial knowledge is important if you are willing to achieve your short-term and long-term money goals, get rid of debt, and become […]
On Tuesday, Haun Ventures, founded by former federal prosecutor turned crypto investor Katie Haun, announced a $500 million early-stage fund. The firm also announced an additional $1 billion for more mature startups which will focus on Web3. Haun Ventures’ launch comes at a challenging time for the crypto industry. Following an all-time high for Bitcoin […]
Axios’ report states that China now has a total of 1,133 billionaires, a figure which is growing approximately three times faster than the US’ billionaire population. Presently, the US had 716 billionaires. The three cities with the largest billionaire populations are now all in China, with Shenzhen recently bumping New York City from third place. […]
What The Research Shows The new industry-wide research report, titled the Ambition Index, has highlighted that 37% of UK businesses have investment plans in place, compared to 26% before the pandemic - a strong sign that business confidence is picking up. Private equity deals in the UK, both in terms of deal volume and value, […]
On Monday, Berkshire Hathaway announced it had agreed to purchase insurance company Alleghany for $11.6 billion in cash. The company said the deal, expected to close in the fourth quarter of this year, represents “a multiple of 1.26 times Alleghany’s book value at December 31, 2021” in addition to a 16% premium to Alleghany’s average […]
As Russia’s unprovoked attack on Ukraine continues, heads are increasingly turning to the country’s president and his mysterious fortune. How rich is Russian President Vladimir Putin? Is Putin richer than Tesla CEO Elon Musk? And how did Putin amass his elusive net worth? President Putin’s Net Worth In 2018 the Kremlin disclosed that President Putin […]
1. Bill Gates And Melinda French Gates Bill Gates launched the Bill and Melinda Gates Foundation alongside his then-wife Melinda French Gates in 2000. The Microsoft co-founder and his wife pledged to donate 95% of their wealth and, by 2010, had given $17 billion away to their foundation to support health projects and tackle poverty […]
Annie Button, professional content writer and branding aficionado, explains the importance of debt recovery for big business. Unsurprisingly, the main goal of business is to make more money than you lose. Staying in the black is vital for the success of any business but there are times when debt is the best option. Businesses using […]
Rolls-Royce’s announcement came as the company returned to profit last year after meeting its restructuring targets a year sooner than anticipated. In 2020, Rolls-Royce saw a $4 billion loss compared to a profit of £124 million in 2021. Despite today’s crash for Rolls-Royce shares, analysts say the stock has recovered well since October 2020, when […]
Shares in Tesla fell for the fourth day in a row to their lowest level since September amid a broad decline in global stock markets, largely due to geopolitical tensions surrounding Russia and Ukraine. According to the Bloomberg Billionaires Index, Tesla’s CEO remains the wealthiest person in the world. Nonetheless, Musk has seen $71.7 billion […]
Elon Musk may have said that he doesn't have a pot of money lying around, but you can bet your bottom dollar that he doesn't have to search for change in his wallet to fill up his fancy Tesla. Yes, Musk might not have billions sitting in a bank account, but he does have billions […]
Analysts predict Porsche could be valued at up to €90 billion in an initial public offering (IPO). Currently, the market value of Volkswagen — which completed its acquisition of Porsche in 2012 — stands at around €116 billion. Speaking to Reuters, two people familiar with the matter said that, in the potential IPO, Volkswagen could […]
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