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☆ Billionaire Joe Ricketts' latest drama is right out of 'Yellowstone'
▼ + stars: | 2024-06-27 | by ( Madeline Berg | ) www.businessinsider.com time to read: +6 min

While the regional wildlife coordinator for Wyoming Game and Fish supported the proposal, Ricketts' neighbors were another story, the Nebraska Examiner said. That's what I kind of equate it to," one local told The Daily Beast about Ricketts at the time. "That's just not something that's ever going to be well received, whether it was Mr. Ricketts or the next billionaire with a big dream and a big plan." And in the end, Ricketts is getting his big dream and big plan — just not when he wants it. According to estimates at the town meeting, the hotel will now take six years to build rather than three.

Persons: —, Joshua Coursey, Joe Ricketts —, Donald Trump, Ricketts, Forbes, Jackson, " Ricketts, Little Jackson, He's, Fish, Foundation's Coursey, Matthew Prince, Prince, Bill Gross, Dale Chihuly, Gross, Vinod Khosla, Coursey, That's Organizations: Service, Business, Foundation, Chicago Cubs, Wyoming, Nebraska Examiner, City, Daily Locations: Bondurant, Wyoming, Paramount's, Sublette County , Wyoming, Teton County, Los Angeles and New York, Northwest Wyoming, Sublette, Laguna Beach , California

☆ Photos show Mark Zuckerberg's style evolution — from hoodies to silver chains
▼ + stars: | 2024-06-15 | by ( Jordan Hart | ) www.businessinsider.com time to read: +1 min

Mark Zuckerberg isn't style icon by any means, but he's working on it. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . All eyes were on him even in his early 20s, and the public quickly noted his laid-back style that consisted mostly of gray t-shirts. This story is available exclusively to Business Insider subscribers.

Persons: Mark Zuckerberg, —, Zuckerberg — who's, Forbes Organizations: Service, Meta, Business

☆ Billionaire real estate investor Frank McCourt wants to buy TikTok — but he's not interested in the algorithm
▼ + stars: | 2024-05-16 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +3 min

Read previewReal estate mogul Frank McCourt is the latest person to raise his hand to try to acquire TikTok's US business. Related stories"We thought this was a really fantastic opportunity to accelerate the creation of an alternative internet," McCourt told the Associated Press. McCourt wants to change TikTok's basic business to an open-source model that allows users and creators more control over their data. McCourt told the New York Times that he doesn't want the algorithm. "We doubt very much that China would sell TikTok with the algorithm," McCourt told the Times.

Persons: —, Frank McCourt, McCourt, Kirkland, Ellis, TikTok, Forbes, Tim Berners, Lee, TikTok . McCourt, Eric Schmidt, Steven Mnuchin, he's Organizations: Service, Guggenheim Securities, Business, Associated Press, Liberty, Los Angeles Dodgers, Big Tech, New York Times, Times Locations: China

☆ Kris Jenner, 68, says she has no plans to retire
▼ + stars: | 2024-05-10 | by ( Amanda Goh | ) www.businessinsider.com time to read: +1 min

Kardashian-Jenner clan matriarch and "momager" Kris Jenner, 68, says she won't retire. Working gives her "all sorts of different qualities" in life, Jenner said on "This Life of Mine with James Corden." But there's no denying the money's good: Jenner has an estimated net worth of $230 million, per Forbes. AdvertisementThere's a saying on the internet that goes "The devil works hard, but Kris Jenner works harder." And true enough, Jenner, 68, has no plans to retire.

Persons: Kardashian, Jenner, Kris Jenner, James Corden, —, we're, Corden Organizations: Forbes, Service, Business

☆ Mark Zuckerberg is now California's richest billionaire after his fortune surged over the last year, report says
▼ + stars: | 2024-05-03 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +2 min

Mark Zuckerberg is California's richest billionaire, with a net worth of $177 billion, per Forbes. AdvertisementMark Zuckerberg is now the richest billionaire in California, with a net worth of $177 billion, a new Forbes report said. The report, which maps out the richest billionaire in each state for 2024, said the Meta CEO overtook Google cofounder Larry Page as the Golden State's richest person. AdvertisementZuckerberg's net worth placed him behind Texas' richest person, Tesla CEO Elon Musk, and Amazon founder Jeff Bezos, who took the title in Florida. The 54 billionaires researched by Forbes for the report were together worth $1.6 trillion, $100 billion more than in 2023, the outlet said.

Persons: Mark Zuckerberg, Zuckerberg, —, Larry Page, Elon Musk, Jeff Bezos Organizations: Forbes, Service, Meta, Golden, Amazon, Business Locations: California, Meta, Texas, Florida, San Francisco, Palo Alto, Tahoe, Kauai, Hawaii

☆ Alaska, Delaware, and West Virginia are the only states that still don't have a single billionaire resident
▼ + stars: | 2024-05-03 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

Alaska, Delaware, and West Virginia aren't home to any billionaires, Forbes reported. AdvertisementAlaska, Delaware, and West Virginia are the only states that still don't have a single billionaire resident, according to a new report by Forbes. Forbes estimates that the West Virginia resident, who's also the president of Marshall University, was worth about $900 million as of March. AdvertisementTo be clear, Alaska, Delaware, and West Virginia are among the least-populated states in the US. According to Census Bureau estimates for 2023, Alaska was the fourth-smallest state or district in the US by population, Delaware was seventh-smallest, and West Virginia was 13th-smallest.

Persons: Forbes, —, Elon Musk, Mark Zuckerberg, Michael Bloomberg, Brad Smith —, who's, Elizabeth Snyder, Jonathan Rubini, Leonard Hyde, Hyde Organizations: Service, Forbes, New, Henley & Partners, Microsoft, Marshall University, Properties, Wall, Henley, Partners Locations: Alaska, Delaware, West Virginia, California, Alaska , Delaware, Texas, New York, Tex, Florida, . California, Austin, Scottsdale , Arizona, Palm Beach , Florida

☆ TikTok employees are reportedly being asked by US border patrol agents if they're part of the Chinese Communist Party
▼ + stars: | 2024-04-30 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +1 min

US border patrol agents have interrogated more than 30 ByteDance and TikTok employees, per Forbes. They're being asked about ties to the CCP, and the security of American user data. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementUS Customs and Border Protection (CBP) agents have interrogated more than 30 ByteDance and TikTok employees traveling to the US from China, according to a report by Forbes.

Persons: They're, Shou Zi Chew, — Organizations: Forbes, CCP, Service, Border Protection, Forbes . Employees, Chinese Communist Party, Business Locations: China

☆ Take a look at the superyacht the Jefferies CEO just bought from the Houston Rockets' billionaire owner
▼ + stars: | 2024-04-27 | by ( Madeline Berg | ) www.businessinsider.com time to read: +3 min

Jefferies CEO Rich Handler sold $65 million of stock — some of which he used to buy a superyacht. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . According to the yacht's shipyard, Westport Yachts, the off-market deal was pending as of last month. I just love it," Fertitta told a local ABC affiliate in 2017, referring to Boardwalk's $40 million price tag.

Persons: Rich Handler, Tilman Fertitta, —, Handler, van, Fertitta, I've, Forbes, Michael Organizations: Jefferies, Boardwalk, Service, Houston Rockets, Westport Yachts, ABC, Yachts International, Feadship —, Boat Locations: Westport, Fort Lauderdale , Florida, St

☆ La Liga branded ‘embarrassing’ by Barcelona for lack of goal-line technology in Real Madrid’s controversial El Clásico win
▼ + stars: | 2024-04-22 | by ( Matias Grez | ) edition.cnn.com time to read: +4 min

CNN —Barcelona manager Xavi and goalkeeper Marc-André ter Stegen have labeled La Liga “embarrassing” for its lack of goal-line technology after the team was denied what it thought was a legitimate goal in Sunday’s 3-2 El Clásico defeat by Real Madrid. The camera angles provided by VAR were inconclusive – including one looking directly down the goal line that was blocked by Lunin’s body – meaning Soto’s original decision stood. According to FIFA, goal-line technology can notify a referee within “a second” if the whole of the ball has crossed the line. Barcelona's German Marc-Andre ter Stegen called La Liga's lack of goal-line technology 'embarrassing.' “I can’t find the words to explain what happened on the goal line,” Ter Stegen told reporters, per ESPN.

Persons: Xavi, Marc, André ter, Vinícius, Andreas Christensen’s, Lamine, Andriy Lunin, César Soto’s, Javier Tebas, “, ”, German Marc, Andre ter Stegen, Javier Soriano, ” Tebas, Lucía Taboada, El, Jude Bellingham, ” Ter Stegen, ” Xavi, Jude Bellingham's, David Ramos, Carlo Ancelotti, Ter Stegen Organizations: CNN —, Liga, Real Madrid, Barca, La Liga, FIFA, AFP, Getty, Liga didn’t, Diario AS, ” Real Madrid, ESPN, Real, Forbes Locations: CNN — Barcelona, Sunday’s, Spanish, German, La, Barcelona

☆ Pro-Russian troops appear to use motorcycles to outwit drones and assault Ukrainian positions
▼ + stars: | 2024-04-13 | by ( Cameron Manley | ) www.businessinsider.com time to read: +1 min

Pro-Russian separatist soldiers appear to have attacked Ukrainian positions on motorcycles. Russian forces have had to explore increasingly inventive ways to outwit Ukrainian drone strikes. AdvertisementPro-Russian soldiers with a separatist militia have released footage on social media appearing to show them attacking Ukrainian positions on fast motorcycles. The maneuver appears to have been conducted by militia forces from the Zarya Battalion in the Luhansk region. It highlights Russian forces' adaptation to the continued challenges and threats posed by Ukrainian first-person view (FPV) attack drones.

Persons: —, Forbes, Robotyne Organizations: Luhansk People's, Service, Zarya Battalion, Forbes, CNN, Business Locations: Russian, Luhansk, Luhansk People's Republic, Ukrainian, Donetsk Oblast

☆ Meet the billionaire 'king of subprime car loans' whose company underwrote Trump's $175 million civil fraud bond
▼ + stars: | 2024-04-02 | by ( Ana Altchek | ) www.businessinsider.com time to read: +4 min

Billionaire Don Hankey's company underwrote a $175 million appeal bond for Donald Trump. The 80-year-old oversees Hankey Group, which employs over 3,400 people and whose assets are worth around $22.5 billion, per Forbes. Axos Bank CEO Greg Garrabrants has previously donated around $50,000 to Republican campaigns since 2012, with $9,600 in support of Trump, according to Federal elections records. Related storiesHankey's net worth is estimated at $7.4 billion, according to Forbes — and it's nearly doubled within the last three years. The mansion ended up auctioning for less than half of its expected $500 million worth.

Persons: Don Hankey's, Donald Trump, Hankey, —, Don Hankey swooped, It's, that's, Trump, refinanced, Greg Garrabrants, Forbes —, Ford, Westlake, Niami, David Sucsy, Niami's, Allen J, Schaben, Getty Hankey, Debbie Hankey Organizations: Bel, Service, Hankey Group, Forbes, Hankey's, Specialty Insurance, Bloomberg, Axos Bank, Axos, Trump, Westlake Financial Services, Hankey Investment, Bel Air, Los Angeles Business Journal, University of Southern Locations: Southern California, Bel Air Los, Bel, University of Southern California, Malibu

☆ A Ukrainian soldier said they were 'suffering' from Russia's use of night-vision drones, says report
▼ + stars: | 2024-03-16 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +3 min

Some Ukrainian forces are struggling against Russia's night-vision drones, a soldier told the Kyiv Post. AdvertisementSome Ukrainian forces are "suffering" from Russia's use of night-vision drones, a Ukrainian soldier said. AdvertisementThese types of drones pose problems for Ukrainian forces, as they often move personnel and equipment in the dark to avoid attacks. Ukraine also has the technology to produce drones with thermal-imaging cameras, but their high price means they haven't been a priority. "Our night-vision drones prevail over darkness," the department wrote in the post.

Persons: —, Forbes, IFVs Organizations: Kyiv Post, Service, Brigade, Forbes, Ministry of Defense, 59th Motorized Brigade Locations: Kyiv, Vuhledar, Donetsk, Ukraine, Ukrainian, Russia

☆ Videos appear to show Russia using vulnerable golf cart-style vehicles to transport its troops to attack Ukrainian positions
▼ + stars: | 2024-03-09 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +1 min

Videos appear to show Russia using vulnerable golf cart-style vehicles near the frontline in Ukraine. Russia has suffered significant vehicle losses during the war in Ukraine. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRussia appears to be using open-top golf cart-style vehicles near the frontline in Ukraine, possibly in response to suffering significant vehicle losses during the war. One video appears to show a Russian armored column, which included several Desertcross 1000-3 all-terrain vehicles, attacking Ukrainian positions in Donetsk Oblast, Forbes reported.

Persons: —, Forbes Organizations: Service, Forbes, Business Locations: Russia, Ukraine, Russian, Donetsk Oblast

☆ Christopher Nolan put a bet on himself when it came to Oscar frontrunner 'Oppenheimer' and walked away with a $72m payday, says report
▼ + stars: | 2024-03-09 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +3 min

This story is available exclusively to Business Insider subscribers. UniversalRepresentatives for Nolan and Universal did not respond to a request for comment sent by Business Insider outside regular working hours. Few in Hollywood can command such lucrative first-dollar gross arrangements, although it has previously happened in a Nolan pic. Leonardo DiCaprio chose to forego his then-typical $20 million paycheck for a minimum salary and an unspecified cut of the first-dollar gross. AdvertisementPer Forbes, directors who have previously wrangled first-dollar gross arrangements include Steven Spielberg, Peter Jackson, and James Cameron, placing Nolan in an elite group.

Persons: —, Christopher Nolan doesn't, Oppenheimer, It's, Nolan, Christopher Nolan Nathan Congleton, Cillian Murphy, Forbes, Emma Thomas, J, Robert Oppenheimer, Leonardo DiCaprio, Steven Spielberg, Peter Jackson, James Cameron Organizations: Service, Sunday's Academy, Universal, Business, Forbes, NBC, Warner Bros Locations: American, Los Alamos, Hollywood

☆ Want an A-lister like Rihanna to perform at your wedding? Here's how much it could cost you.
▼ + stars: | 2024-03-05 | by ( Madeline Berg | ) www.businessinsider.com time to read: +5 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Advertisement"If you can afford it, why wouldn't you fly in your favorite artist to perform your favorite songs rather than simply listening to covers?" He had Beyoncé perform at a celebration for his daughter's 2018 wedding, and the next year had The Chainsmokers and Chris Martin at his elder son's wedding festivities. "Generally speaking, you will never beat the thrill of having a major artist perform at your wedding. That means stars may be more amenable to playing at a wedding or corporate party than previously.

Persons: Rihanna, Anant Ambani, Radhika Merchant, —, Bill Gates, Mark Zuckerberg, Ivanka Trump, India's, Mukesh Ambani, hasn't, Stuart McNeill, Craig David, Elton John, Nile Rodgers, Lady Gaga, Flo Rida, Sting, Andrea Bocelli, Kardashian, Chris Martin, it's, Ambani, Beyoncé, Alison Laesser, Alison Bryan, Keck, Usher, you'd, McNeill Organizations: Service, Business, Knightsbridge, Davos, Keck, Spotify, Apple, Forbes Locations: Gujarat, India, Baden, Chicago, New York, Dubai

☆ Congressman presses Elon Musk to provide SpaceX satellite services for US defense forces in Taiwan, report says
▼ + stars: | 2024-02-25 | by ( John L. Dorman | Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +5 min

A Congressman is urging Elon Musk to give SpaceX Starshield access to US forces in Taiwan. AdvertisementElon Musk is facing pressure to provide SpaceX's Starshield satellite network to US defense personnel in Taiwan, according to Forbes. However, the outlet described a "group of US lawmakers" were involved in the calls for Musk to provide satellite access to US defense forces in Taiwan. The letter then called on Musk to brief the select panel regarding Starshield's capabilities in Taiwan by March 8, Forbes reported. The request could present challenges for Musk, who has considerable business ties in China, where Tesla has a significant manufacturing presence.

Persons: Elon Musk, Forbes, —, Elon, Mike Gallagher, Musk, Gallagher, Taiwan's, Lai Ching, Tesla, hasn't, Joseph Wu Organizations: SpaceX, Service, Forbes ., Forbes . Wisconsin GOP, US Defense Department, Forbes, Street, Chinese Communist Party, New York Times, United States Congress, Times, Business Locations: Taiwan, China, Forbes, Forbes . Wisconsin, Russian, Starshield, Hong Kong

☆ Jeff Bezos just sold off $2 billion in Amazon shares in what could be a strategy to make him the richest man in the world — again
▼ + stars: | 2024-02-11 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +4 min

Read previewJeff Bezos this week unloaded 12 million shares of Amazon stock, netting him about $2 billion in a strategic move that may position him to once again claim the title of "world's richest man." Before this week's sale of Amazon stock, Bezos' net worth was only $5 billion behind Musk's $200 billion fortune, putting the title of #1 billionaire well within reach. This week's stock sale is not Bezos' first time offloading a large portion of his Amazon holdings, though it is the only major sale he's made since 2021. That year, Bezos sold $2.5 billion worth of shares as he prepared to step down as CEO. In 2019, Bezos offloaded roughly $2.8 billion worth of the company's stock.

Persons: —, Jeff Bezos, Bezos, Elon, Bill Gates, Forbes, Musk, Musk's, Bernard Arnault, he's Organizations: Service, Business, Bloomberg, Tesla, SpaceX, The Boring Company, Amazon Locations: Delaware, New York

☆ From million-dollar private boxes to carpooling on private jets, here's how billionaires are doing the Super Bowl
▼ + stars: | 2024-02-09 | by ( Madeline Berg | ) www.businessinsider.com time to read: +6 min

The Super Bowl has always been a draw for billionaires and powerful executives. Elon Musk and Rupert Murdoch at the Super Bowl on Sunday. For an extra $10,000 to $250,000, Carrega arranges in-suite meet-and-greets, pre-game huddles, and photo ops with former Super Bowl champions or commentators. Kevin Mazur/Getty ImagesWhen it comes to accommodations, Vegas is proving easier than many other Super Bowl destinations, Brown said. Charter service VistaJet , whose private flights cost between $14,000 and $25,000 an hour, recorded a 25% increase in flight bookings over last year’s Super Bowl.

Persons: —, Taylor Swift, Hunt, Denise York, Elon Musk, Rupert Murdoch, ’ Michael Rubin's, Josh Harris, Robert Kraft, Goldman Sachs, David Solomon, Caitlin O’Hara, ” Elisabeth Brown, Barnabas Carrega, they're, Brown, “ Price, ” Carrega, Carrega, ” Brown, ” She’s, Savage, Kevin Mazur, Wynn, Leona Qi, you’re, ” Qi, “, ” Organizations: Service, Business, Chiefs, 49ers, Forbes, Patriots, Reuters, “, Knightsbridge, Super, Vegas, Davos Locations: Las Vegas, Sin City, Las, Tampa , Florida, Vegas, “

☆ Exclusive: Healthcare staffing startup Nomad Health just cut more staff, its third layoff in a year
▼ + stars: | 2024-02-05 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +2 min

Healthcare staffing startup Nomad Health just slashed its workforce for the third time in a year, Business Insider has learned. The startup, which matches nurses and other clinicians to open jobs in healthcare, cut staff on Wednesday, according to two former employees and more than a dozen LinkedIn posts. The startup previously cut 25% of its nonclinical workforce in October, Business Insider first reported. The following month, nurse staffing startup ConnectRN slashed 20% of its staff, and IntelyCare laid off at least 30 employees. Like most of its medical staffing peers, Nomad Health last raised capital that year, banking $105 million in June 2022.

Persons: Nomad, Maquel Shaw, Shaw, IntelyCare Organizations: Nomad, Business, Forbes

☆ Florida allies back down on $5 million in state funds for Trump's legal bills after DeSantis threatens to veto
▼ + stars: | 2024-01-23 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +5 min

Read previewOne of Florida's highest-profile billionaires will no longer get state funds to help pay his legal fees, as a newly proposed bill from his allies unraveled on Monday. In 2022, the state spent $13.015 million in matching funds given out to candidates, including Gov. The new bill would modify the existing restrictions on releasing state funds to eligible presidential candidates who live in Florida. AdvertisementPayments for candidates' legal fees through the fund would be replenished by voluntary taxpayer donations collected through driver's license registrations. He claimed late last year that he has racked up $100 million in legal fees, The Hill reported.

Persons: —, unraveled, Donald Trump, Florida State Sen, Ileana Garcia, Jimmy Patronis —, Trump, DeSantis, Ron DeSantis, kkc2yyqVK0, Garcia, @JimmyPatronis, Patronis, wieqYQ8Woq — Ileana Garcia, We've, — Donald Trump, that's Organizations: Service, Business, Fighters, state's Department of Financial Services, Florida State, Florida's, Bloomberg, Trump, Florida Republican, Fighters Fund, Free, Sunshine State, White, Gov, Department of Financial Services, Forbes Locations: Florida, New York, Washington, Atlanta, Free State of Florida, Citrus County

☆ 2 US Bradley fighting vehicles take out Russia's top T-90 battle tank on Ukraine battlefield, video shows
▼ + stars: | 2024-01-13 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +3 min

Read previewA video shows two US-made Bradley infantry fighting vehicles taking out one of Russia's main battle tanks. Bradley IFV of the 47th Brigade of Ukraine engages in a battle with Russian T-90M, Avdiivka front. At the end of the video it’s visible that tank most likely received significant damage as the crew cannot… pic.twitter.com/uutTexfXf5 — Special Kherson Cat 🐈🇺🇦 (@bayraktar_1love) January 12, 2024The Russian tank fires first at the fighting vehicles, and misses. AdvertisementThe two Bradley fighting vehicles spray the tank with 25mm one-pound shells. The Bradley vehicles were likely being operated by Ukraine's 47th Brigade , as it is the only brigade fighting with the US-supplied vehicles, according to Forbes.

Persons: —, Bradley IFV, Bradley, …, 🐈🇺 Organizations: Service, Bradley, Business, 47th Brigade Locations: Russian, Stepove, Avdiivka, Ukraine, Kherson

☆ Lululemon hits back at founder's anti-DEI comments: They 'do not reflect our company views'
▼ + stars: | 2024-01-07 | by ( Polly Thompson | ) www.businessinsider.com time to read: +4 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe athleisure brand Lululemon has distanced itself from its founder and former CEO Chip Wilson's comments about diversity. "Chip Wilson does not speak for Lululemon, and his comments do not reflect our company views or beliefs," a spokesperson said in a statement, per The Business of Fashion. AdvertisementWilson founded Lululemon, which is now headed by Calvin McDonald, in Vancouver in 1998 as a "yoga-inspired" company for women.

Persons: Lululemon, Chip Wilson's, Wilson, Elon Musk, Bill Ackman, —, You've, Chip Wilson, Chip, Jim Bennett, Getty Wilson, Calvin McDonald Organizations: Forbes, Service, Luluemon, Lululemon, Harvard University Locations: Vancouver, American

☆ Billionaire heirs are getting richer than entrepreneurs as old money prevails amid IPO chill
▼ + stars: | 2023-11-30 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +3 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . As for American billionaires, heirs reported an average net worth of $2.2 billion, topping billionaire entrepreneurs by $700 million. The uber-wealthy have many tools at their disposal to bestow more money to heirs and pay less to the government. AdvertisementThese dynasties will likely compound their riches with more heirs caring about wealth preservation than philanthropic impact, according to UBS's survey. A similar percentage of first-generation billionaires listed wealth preservation as a main goal, but a higher proportion (68%) also chose philanthropy.

Persons: —, It's, IPOs Organizations: UBS, Service, Forbes Locations: Swiss

☆ Nvidia cofounder lives off the grid, owns a private jet named Snoopy, and gives out single-use email addresses to avoid spam
▼ + stars: | 2023-11-29 | by ( Aaron Mok | ) www.businessinsider.com time to read: +3 min

Curtis Priem, cofounder of Nvidia, gave the majority of his stock to his college alma mater, Forbes reported. The chip giant's first CTO spent part of his wealth on an off-the-grid home and a private jet. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . By 2006, Priem sold the rest of his shares, leaving him with a fortune worth around $30 million, Forbes estimated. "I did a little crazy thing, and I wish I'd kept a little bit more [Nvidia shares]," Priem told Forbes.

Persons: Curtis Priem, Forbes, —, could've, Priem, Flexjet, I'd, Nvidia Jensen, Huang, Nvidia didn't Organizations: Nvidia, mater, Service, Foundation, Conservancy, Forbes, Rensselaer Polytechnic Institute, IBM, Computer, Gulfstream G450, RPI, Microsoft Locations: America, mater, Fremont , California

☆ Taylor Swift and Travis Kelce: NFL Commissioner Roger Goodell ‘welcomes’ attention surrounding pop star and tight end
▼ + stars: | 2023-11-23 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +3 min

CNN —The most famous relationship in the world right now has the stamp of approval from the National Football League’s (NFL) commissioner. Roger Goodell, who has served as commissioner since 2006, appeared on CBS Mornings ahead of the NFL’s Thanksgiving games and discussed the superstar pairing of singer Taylor Swift and Kansas City Chiefs tight end Travis Kelce. In October, Kelce and his brother said in their podcast that the NFL was “overdoing it a little bit” on social media regarding the romance between the pop star and the Chiefs tight end. I think it brings a little bit more to the atmosphere, brings a little bit more to what you’re watching. Kelce and Kansas City, who have a 7-3 record heading into Week 12 of the NFL regular season, will take on the Las Vegas Raiders at Arrowhead Stadium on Sunday.

Persons: Roger Goodell, Taylor Swift, Travis Kelce, ”, “, That’s, Swift, Travis, Football’s, Kelce, Jason, we’ve, ” Kelce, I’ve, I’m Organizations: CNN, National Football League’s, CBS, Kansas City Chiefs, NFL, Chiefs, New York Jets, February’s, Forbes, NBC, Arrowhead, Philadelphia Eagles, Kansas City, Las Vegas Raiders Locations: Buenos Aires, Argentina, Kansas

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