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How to become a billionaire
  + stars: | 2024-01-23 | by ( Henry Blodget | ) www.businessinsider.com   time to read: +6 min
But, according to one friendly billionaire, Mark Cuban, there's no downside to being one. But by far the most common way to become a billionaire in the US is to make tons of money. If that were Brady's only income, and he saved all of it, it would still take him 50 years to become a billionaire. Others are shares of partnerships (hedge funds or private-equity funds, for example) or licensing agreements (like billionaire Michael Jordan's deal with Nike). Mark Cuban also recently said that becoming a billionaire is all about luck.
Persons: , Mark Cuban, year's, Forbes, Tom Brady, Michael Jordan's, Warren Buffett, Berkshire Hathaway, Luck, it's Organizations: Service, Business, year's Forbes, Forbes, NFL, Nike, Berkshire, Microsoft, Oracle, Google, Facebook, Bloomberg, Berkshire Hathaway, Amazon, Walmart Locations: Berkshire, America, Norway, Dell
But she doesn't sign contracts with her clients, instead focusing on genuine relationships. Talent managers might have a bad rep with overbearing contracts and hefty fees, but for Perice and Made By All, clients are only held to a handshake. "I don't believe in contracts, so everything is a handshake for me, and my word is my contract," she said. Deals between clients and brands are done with signed contracts, but Perice still communicates with the NFL via DMs and texts. "Adam loves giving back, so we're able to really tie in the things that he cares about his brand."
Persons: Leanne Perice, She's, , I'm, Teyana Taylor, Perice, , Kanye, Taylor, Ugo Mozie, There's, influencer Helen Owen, Adam Waheed, it's, Waheed, Adam Organizations: Service, Interscope Records, NFL, DMs, CMO, UPS, Spice, Forbes Locations: Bali, West Coast, Los Angeles, Europe, Florence, Italy, Fairfax
Greg Lippmann says inflation will be difficult to tame and may be at 3.5% to 4% for some time. His somewhat contrarian view starts with the belief that taming inflation won't be as easy as many expect. Lippmann estimates that in the intermediate term, inflation is going to reach anywhere between 3.5% to 4%. Second, it's going to keep rates higher for longer, which means that the debt expense of companies is going to go up. So we have among the highest yielding portfolios we've ever had and from a ratings perspective, the safest portfolio we've ever had."
Bill Gates is sounding the alarm on political polarization in the US. "Political polarization may bring it all to an end, we're going to have a hung election and a civil war," he told Forbes recently. Gates, who has been the target of many conspiracy theories over the years, also pointed out the dangers of misinformation. Over the years, Gates and ex-wife Melinda French Gates have donated billions to vaccine research, development, and delivery through their foundation. Anybody who's got good innovations on reducing polarization, getting the truth to be as interesting as the crazy stuff, that would be well worth investing in," Gates told Forbes.
Bill Gates and ex-wife Melinda French Gates hope to keep their foundation running for 25 more years, at which point he'll be 91 and French Gates will be 83. Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy PolicyThe Bill & Melinda Gates Foundation has been around for 25 years, and Bill Gates says that's just its halfway mark. Gates and Melinda French Gates established the philanthropic organization in 2000. In 25 years, Gates will be 91 years old, and French Gates will be 83. Alongside Warren Buffett, Gates and French Gates in 2010 created the Giving Pledge, which asks billionaires to publicly commit to give most of their wealth away to philanthropic efforts either during their lifetimes or in their wills.
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