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☆ Inside Sergey Brin's Busy Social Schedule: Parties, Festivals, Burning Man
▼ + stars: | 2022-12-15 | by ( Rob Price | Hugh Langley | ) www.businessinsider.com time to read: +4 min

In late August this year, Sergey Brin headed to Burning Man. The 49-year-old tech titan traveled to the festival in style, island-hopping across the Pacific Ocean in a modified seaplane. Brin has been spotted more than once at house parties at NeoGenesis, a coliving space for entrepreneurs in the Bay Area. As for the bigger psychedelic party, when Burning Man reopened in August after its pandemic hiatus, Brin stayed at First Camp, a VIP community frequented by festival organizers and their friends. Rob Price is a correspondent at Insider, writing features and investigations about the technology industry.

☆ Google cofounders Larry Page and Sergey Brin gave $438 million to charities through their foundations last year. Here's where the tech gurus' huge donations went.
▼ + stars: | 2022-12-14 | by ( Rob Price | Hugh Langley | ) www.businessinsider.com time to read: +8 min

In 2021, Google's cofounders, Larry Page and Sergey Brin, collectively gave away nearly half a billion dollars from their philanthropic foundations. 2 moguls, 2 different approaches to charitiesBrin's personal foundation, the Sergey Brin Family Foundation, disbursed roughly $250 million in both 2020 and 2021. The Sergey Brin Family Foundation lists three key officers. Brin's and Page's philanthropic donations, while extensive, represent a fraction of their net worths. Brin donates directly to the Sergey Brin Family Foundation, while Page's contributions to the Carl Victor Page Memorial Foundation are routed through a limited-liability company named Florida LLC.

☆ US lawmakers want answers on FTX's collapse. Sam Bankman-Fried may not have them.
▼ + stars: | 2022-12-12 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +4 min

But first, we are going to hear more from Sam Bankman-Fried this week, even if you think we've already heard quite enough from him. Sam Bankman-Fried testifies during a hearing before the House Financial Services Committee on December 8, 2021 in Washington, DC. Disgraced FTX founder Sam Bankman-Fried, who said he once considered himself a "model CEO," tweeted last week that he would testify before tomorrow's House Financial Services committee hearing focused on his firm's blowup. FTX's new CEO, John J. Ray III, who oversaw the bankruptcy of Enron, will testify in the first part of the hearing. A private lunch with the billionaire is on the table if you're willing to pony up the cash.

☆ Larry Page, Sergey Brin Post-Google Lives: Investments, Yachts, Islands
▼ + stars: | 2022-12-11 | by ( Hugh Langley | Rob Price | ) www.businessinsider.com time to read: +33 min

Even before their retirement from Google, Page and Brin relied heavily on their respective family offices to bring order to their worlds. The Bay Area headquarters of Koop, Larry Page's family office, is nondescript and gives little indication of the billionaire's empire. Insider; Marianne Ayala/Insider Show less Bayshore Global Management, Sergey Brin's family office, is based in Palo Alto and has a bit more of a public face. Insider; Marianne Ayala/Insider Show lessThe difference in styles holds true for Brin's family office, Bayshore Global Management. The CEO of Page's family office is Wayne Osborne, a former elder in the Presbyterian Church who attended Princeton Theological Seminary.

☆ The 5 best leadership books I read this year — and what they taught me about running a company
▼ + stars: | 2022-12-06 | by ( David Siegel | ) www.businessinsider.com time to read: +5 min

For a roadmap for effective, kind leadership and smart decision-making, he shares 5 book recommendations. Publishing a leadership book gave me a newfound perspective on the genre. Here are the top five leadership books I read in 2022 and why I found each one particularly enriching. After reading The Promise of a Pencil, I learned how seemingly small acts can make a world of difference in communities. For anyone considering executive coaching or looking to find a coach, this book is a must-read.

☆ Here are the 7 richest people in the world who haven’t signed the Giving Pledge—Jeff Bezos is No. 3
▼ + stars: | 2022-11-27 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +7 min

But Bezos, whose recent announcement followed years of criticism over his relative lack of philanthropic giving, isn't the only billionaire who hasn't signed the pledge. Arnault has not signed the Giving Pledge, nor has he commented on the pledge publicly. Jeff Bezos: $116 billion net worthBezos has donated more than $2.4 billion in his lifetime, according to a Forbes estimate. But the billionaire has skirted questions about the Giving Pledge for years, especially after his ex-wife, Scott, signed it shortly after their 2019 divorce. Sergey Brin: $84.9 billion net worthLike fellow Google co-founder Page, Sergey Brin has not signed the Giving Pledge.

☆ 'Pronatalism' explained: Why tech titans like Elon Musk want to have tons of kids to save the world
▼ + stars: | 2022-11-18 | by ( Julia Black | ) www.businessinsider.com time to read: +4 min

Tech titans like Elon Musk want to counteract the effects of population decline by having lots of children. Elon Musk, who has fathered 10 known children with three women (including twins last year with one of his employees), is the highest-profile figure currently associated with this movement. So some are turning to the next best thing: having lots of children, and funding new fertility technologies that one founder said are "reinventing reproduction." "The person of this subculture really sees the pathway to immortality as being through having children," said Simone Collins, a VC and co-founder of the nonprofit initiative Pronatalist.org. Read Insider's full feature, "Billionaires like Elon Musk want to save civilization by having tons of genetically superior kids.

☆ Billionaires like Elon Musk want to save civilization by having tons of genetically superior kids. Inside the movement to take 'control of human evolution.'
▼ + stars: | 2022-11-17 | by ( Julia Black | ) www.businessinsider.com time to read: +40 min

"We are the Underground Railroad of 'Gattaca' babies and people who want to do genetic stuff with their kids," Malcolm told me. Ellison, meanwhile, who has two children in their 30s, has reportedly resumed having kids — with his 31-year-old girlfriend. "The person of this subculture really sees the pathway to immortality as being through having children," Simone said. The person of this subculture really sees the pathway to immortality as being through having children. Before she met Malcolm, Simone was convinced she wanted to live her life single and child-free.

☆ Alphabet must cut headcount and trim costs, activist investor TCI says
▼ + stars: | 2022-11-15 | by ( Rohan Goswami | ) www.cnbc.com time to read: +3 min

TCI's stake represents 0.27% of outstanding Alphabet shares, according to Factset data, a position that the hedge fund has steadily accumulated since 2017. TCI noted that headcount has "increased at an annual rate of 20% since 2017," the year that TCI first disclosed their Alphabet position. TCI argued for an increase in share buybacks and the establishment of an EBIT margin target for Google Services. Significantly, TCI argued that Google's "Other Bets" category – their Moonshot division – demanded immediate attention, singling out self-driving vertical Waymo as a unit that failed to justify "its excessive investment." Alphabet shares are down more than 30% year-to-date.

☆ Amidst the layoffs at Amazon, the company's ultra-secretive research lab is at risk of being shut. It's a sign things are changing 'dramatically' at the company.
▼ + stars: | 2022-11-14 | by ( Eugene Kim | ) www.businessinsider.com time to read: +14 min

Early last month, members of Amazon's secretive in-house research lab, Grand Challenge, were called into an unexpected video meeting. Weibel announced 3 of the 5 projects Grand Challenge was working on would shut down, effective immediately. When other team employees wanted to collaborate with the team, they needed additional approvals from its leadership. Amazon Glow was among the Grand Challenge projects to be discontinued at the end of this year. Getting support promoting Grand Challenge projects was a challenge too.

☆ US tech billionaires made a record $59 billion after Thursday's market rally, granting respite from a very bad year for tech stocks
▼ + stars: | 2022-11-11 | by ( Huileng Tan | ) www.businessinsider.com time to read: +2 min

US tech billionaires made a record $59 billion after Thursday's market rally, per Bloomberg. Thanks to this, 32 tech billionaires collectively added $59 billion to their net worth on Thursday, per Bloomberg, as much of the billionaires' fortunes is tied to their share holdings in listed tech companies. Amazon founder Jeff Bezos came in at pole-position, netting the biggest one-day jump in net worth, as his fortune soared by $10.5 billion to $119.6 billion. About 80% of Bezos's net worth is derived from his stake in Amazon, per Bloomberg. Despite the one-day rally, tech stocks have been in a funk this year.

☆ Self-driving cars were supposed to take over the road. What happened?
▼ + stars: | 2022-11-01 | by ( Matt Mcfarland | ) edition.cnn.com time to read: +8 min

Caitlin O'Hara/Bloomberg/Getty ImagesGeneral Motors bought a self-driving company in 2016. Big talk, smaller resultsUrmson, while leading Google’s self-driving car project before founding Aurora, talked of his preteen son never needing to get a driver’s license. A self-driving car, without a steering wheel or pedals, would have to be able to drive itself in literally every situation possible. “It’s really, really hard,” Waymo’s then-CEO John Krafcik said in 2018 of self-driving technology. Companies developing lidar, widely seen as a key component for self-driving vehicles, as well as self-driving companies, have seen their stocks plummet recently.

☆ Elon Musk owning Twitter should give everyone pause
▼ + stars: | 2022-10-29 | by ( Seth Fiegerman | ) edition.cnn.com time to read: +7 min

Elon Musk, the mercurial billionaire, had agreed to buy Twitter for $44 billion the month before only to begin raising doubts about the deal soon after. Now, Musk joins the list of rich, white men who single-handedly control social platforms that collectively reach and shape the lives of billions of people around the world. And Musk, who will reportedly have “absolute control over Twitter” according to a shareholders’ agreement, promises to be uniquely disruptive. To those in the first camp, Musk serving as the sole decider at Twitter may be cause for celebration. Elon Musk is a conglomerate, and each arm of his empire potentially gives him more leverage, real or imagined, in advocating for the others.

☆ Elon Musk's fortune has fallen by $110 billion in less than a year, but he's still the world's richest person
▼ + stars: | 2022-10-23 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +2 min

Despite his wealth taking a hit, Musk is $80 billion better off than Bill Gates and $71 billion ahead of Jeff Bezos. Last year he sold $31 billion worth of stock in Tesla to help pay for his $44 billion Twitter takeover. Forbes included the $31 billion in his net worth, excluding taxes, as the deal has not yet completed. His wealth shrunk from $302 billion in April to $216 billion in June, but recovered to $279 billion in August. He is seeking help from investors and may need to sell Tesla shares worth between $5 billion to $10 billion next week.

☆ It's time for Mark Zuckerberg to step down
▼ + stars: | 2022-10-13 | by ( Linette Lopez | ) www.businessinsider.com time to read: +8 min

Mark Zuckerberg should quit. He should step down from his position as CEO of Meta and let someone else manage Facebook, WhatsApp, and Instagram. Zuckerberg was so excited about legs that he jumped for joy as he talked about them. Zuckerberg already has two very profitable platforms — Facebook and Instagram — but their popularity is declining. Internally, employees told the Times, Meta workers refer to metaverse projects as MMH, or "Make Mark Happy,'' projects.

☆ How one pioneering platform is working to detoxify social media
▼ + stars: | 2022-10-13 | by ( Jordan Parker Erb | ) www.businessinsider.com time to read: +5 min

But some platforms are trying to detoxify social media. Twitter; Mastodon; Vicky Leta/Insider1. One pioneering platform is working to detoxify social media. Once championed as heralds of a more interconnected world, social media has instead contributed to loneliness, low self-esteem, and the proliferation of harmful disinformation, Evan Malmgren writes. With 4.4 million users, Mastodon looks like Twitter, but rather than a single website, it's an open-source software platform that allows users to run self-hosted, "federated" social networks.

☆ Elon Musk's battle with Twitter shows that even the brashest, loudest leaders can face a reckoning
▼ + stars: | 2022-10-11 | by ( Ebony Flake | ) www.businessinsider.com time to read: +7 min

Now, though, his latest fight with Twitter shows the perils of always leading with bravado: While scandal is unlikely to sink the CEO, he's making extra work for himself — more than he usually does. Musk's negotiations to buy Twitter were subsequently halted when he pushed for concessions the platform was unwilling to give. Duncan Levin, a criminal defense attorney who represents controversial clients, such as Harvey Weinstein, Clare Bronfman, and Anna Delvey, told Insider: "No one is scandal-proof. Musk's ability to bounce back from repercussions is the result of a complex interplay of a fierce, cultlike fandom and his transformational leadership style, experts told Insider. What's more, he's highly intelligent and ahead of most people, a former manager at Tesla previously told Insider.

☆ Startup Workspan raised $30 million to keep growing as it helps top tech companies like Microsoft, Cisco, and SAP manage relationships with partners
▼ + stars: | 2022-10-05 | by ( Paayal Zaveri | ) www.businessinsider.com time to read: +4 min

Ecosystem management tool Workspan has raised a $30 million Series C round. Workspan's tools help companies like Microsoft and Amazon Web Services co-sell with partners. It was there that he came up with the idea for what would become his next company, WorkSpan. Workspan was able to gain momentum quickly because of how necessary its tool is to large technology companies, Bawa said. Workspan has raised a total of $66 million in funding from investors like Insight Partners, Mayfield Fund, M12, and Redline Capital Management.

☆ The era of Big Tech moonshots is over. Amazon, Google, Facebook, and Microsoft are pulling back on ambitious, risky long-term projects after many of them failed.
▼ + stars: | 2022-09-29 | by ( Hugh Langley | Eugene Kim | Kali Hays | ) www.businessinsider.com time to read: +13 min

Amazon, Google, Microsoft, and Facebook have scaled back their ambitious "moonshot" projects. Moonshots like Google X and Amazon Grand Challenge allowed tech firms to build innovative projects. Before Amazon, Parviz led a similar team at Google called Google X. Page and Brin championed X projects they loved, helping them gain funding and headcount within the unit. Parviz, who created the once-hyped-up Google Glass, left Google X in 2014 to start Amazon's Grand Challenge.

☆ Musk and Brin: A brief history of the billionaires' friendship leading up to rift caused by an alleged affair
▼ + stars: | 2022-07-24 | by ( Jordan Hart | ) www.businessinsider.com time to read: +2 min

Google cofounder Sergey Brin was a longtime friend and investor of Elon Musk. Musk and Brin often spent time sharing ideas with Google cofounder Larry Page, Vice reports. Wall Street Journal reports Musk had an affair with Brin's estranged wife in 2021. Brin, a Tesla investor, provided the struggling company with $500,000 during the 2008 financial crisis, according to WSJ. Brin reportedly acknowledged the gesture but still doesn't speak to Musk regularly, the Journal says.

☆ Family offices have become a $6 trillion powerhouse in investing—and deal-making
▼ + stars: | 2022-07-11 | by ( Robert Frank | ) www.cnbc.com time to read: +11 min

Family offices now manage more than $6 trillion in wealth, according to some estimates, surpassing the estimated $4 trillion managed by hedge funds. Many billionaire hedge fund managers, seeking lighter regulation or freedom from benchmarks and outside investor demands, are also converting to family offices. Singapore recently created a Family Office Development Team to lead and coordinate initiatives that will attract more family offices. The Wealth Management Institute has launched the Global-Asia Family Office Circle in Singapore to attract more family offices. Even family offices that serve more than one family often receive an exemption from the SEC to keep their filings confidential.

Persons: Andrew Cohen, John Paulson, Leon Cooperman, That's, Exchange Sara Hamilton, Cohen, John D, Rockefeller, J.P, Morgan, Goldman Sachs, " Cohen, Morgan Stanley, Daniel DiBiasio, We've, Michael Dell's, Goldman, Gregg Lemkau, West, Byron Trott, Sara Hamilton, Nicky, Jonathan Oppenheimer, Sergey Brin, James Dyson, Bill Hwang, Alexandria Ocasio, Dennis Kelleher, Kelleher, Archegos, Hamilton Organizations: Street, Morgan Private Bank, Forbes, Federal Reserve, Campden, Family, Exchange, JPMorgan, Bank of America, Citigroup, Credit Suisse, UBS, Deutsche Bank, Morgan Stanley Family, MSD Partners, Container Technologies, BDT Capital Partners, Wealth Management Institute, Google, SEC, Archegos Capital Management, Rep, Better Locations: Asia, U.S, Wall, West Monroe, Singapore, Alexandria, Cortez, Archegos

☆ Google's '20% rule' shows exactly how much time you should spend learning new skills—and why it works
▼ + stars: | 2021-12-16 | by ( Dorie Clark | ) www.cnbc.com time to read: +3 min

This makes it difficult to set aside time to explore ideas that interest us or learn new skills. Enter: Google's "20% time" rule, a concept made popular when Google went public in 2004. Win — even if you loseThis is the ultimate way to make sure your 20% time doesn't go to waste. The point isn't that you have to do your 20% time every Thursday afternoon; the point is to do it, period. But if difficult tasks are the only thing you do, you may grow bored or frustrated and want to quit.

☆ The luxury boats owned by some of the wealthiest people in tech, from a yacht so big it has its own support boat to superyachts with swimming pools and basketball courts
▼ + stars: | 2021-08-10 | by ( Grace Kay | Sindhu Sundar | ) www.businessinsider.com time to read: +2 min

Many billionaires like Jeff Bezos and Richard Branson enjoy spending their time on luxurious yachts. Here are some of the billionaires in tech who own private yachts. Beyond the private planes occupying the hangars of billionaires, yachts have come to symbolize the highly private sites of leisure and networking reserved for the ultra-wealthy. Chartering yachts owned by billionaires like Alphabet cofounder Sergey Brin has previously cost customers anywhere from $773,000 a week to $1.2 million. Take a look at some of the yachts that have been owned by tech billionaires.

Persons: Jeff Bezos, Richard Branson, Jane, fiancée Lauren Sanchez, Bezos, MacKenzie Scott, Larry Ellison, Sergey Brin, Larry Page, Paul Organizations: Morning, Amazon, Tech, Google, Microsoft, Bloomberg

☆ Topul celor mai bogați oameni din lume în anul 2021, conform revistei Forbes
▼ + stars: | 2021-04-07 | by ( Onixmedia Srl | ) diez.md time to read: +5 min

Așadar, mai jos găsiți topul celor 10 miliardari care sunt considerați cei mai bogați oameni din lume în anul 2021. Acum, acesta este directorul general al companiei și deține 16 % din aceasta. Studii: Bezos este licențiat în „Arte și Științe”, Universitatea Princeton din SUA. Cu toate acestea, și-a pierdut interesul pentru educație și a renunțat la universitate după un semestru. Studii: este licențiat în „Arte și Științe” la Universitatea Michigan, are un masterat în științe la Universitatea Stanford.

Persons: Jeff Bezos, Elon, Musk, Tesla, Bernard Arnault, Louis Vuitton, Bill Gates, Paul Allen, Mark Zuckerberg, Mark Elliot Zuckerberg, Warren Buffett, Berkshire Hathaway, Buffett, Larry Ellison, Lawrence Joseph Ellison, Larry Page, Sergey Brin, Lawrence Edward, Larry, Page, Mukesh Organizations: Forbes, Universitatea Princeton, Universitatea Pennsylvania, Politehnică, École, Microsoft Corporation, Microsoft, Facebook, Harvard, Universitatea din, Universitatea Columbia, Oracle Corporation, Google, Universitatea, Universitatea Stanford, Universitatea Maryland, Reliance Industries Locations: Amazon, SUA, francez, Paris, Seattle, Harvard, american, Berkshire, Omaha, Nebraska, Universitatea din Nebraska, americană, Universitatea din Chicago, Universitatea Michigan, Rusia, Ambani, indian, Reliance, India, Universitatea din Mumbai

☆ This is the most common zodiac sign among the world's richest billionaires
▼ + stars: | 2020-05-08 | by ( Anna Papadopoulos | Ceoworld Magazine | ) www.businessinsider.com time to read: +2 min

Libra was the most common sign, with 27 notable billionaires, like Ralph Lauren and Alice Walton. Pisces was next in line, while Cancer came in third as the most common billionaire sign. But did you know one zodiac sign, in particular, is the most likely to produce billionaires? A study has figured out the most common star sign among the world's wealthiest billionaires. With notable billionaires including Ralph Lauren, Stefan Persson, Liliane Bettencourt, Alice Walton, Libra is the star sign of 27 famous-wealthy faces.

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