Wealth

Gates’ $100 billion fortune in 1999 would be worth about $149 billion in today’s dollars. So today, Bezos officially passed the inflation-adjusted Gates high. Bezos’ fortune has more than doubled over the past two years as Amazon’s stock has soared. Earlier Monday, Amazon shares hit an intraday all-time high of $1,841.95, and the company’s market
0 Comments
Across all millionaires, investments to short-term holdings and fixed income, rather than equities, are more likely to increase, according to the CNBC survey. The view from millionaire investors does not portend a sustained pulling out of equities. Financial and investment advisors suggested that the increased short-term investments reflect, among other things, wealthy individuals waiting for
0 Comments
The North American market remains the revenue juggernaut for Facebook, with just under $5.7 billion booked in the first quarter and almost double European revenue, which is the second-largest source of revenue globally. North America also is the outlier by ad revenue per user. Facebook reported worldwide per-user advertising revenue of $5.45 in Q1 2018,
0 Comments
Past lottery winners have discovered the hard way that the more people who know they’ve won, the greater the chance they’ll be approached for things like personal loans, handouts, investment opportunities and charitable donations. Another challenge is figuring out exactly how to split the winnings. There are tax considerations, and some states have limits on
0 Comments
When he was 18, Ronaldo signed with Manchester United, the massive English football club. Since then, he’s taken the soccer world by storm. He has 654 career goals on the books, and his legs alone are insured for $144 million. Ronaldo may not be the world’s highest paid player in his sport, but what separates
0 Comments
Worldwide, approximately 815 million people worldwide are food-insecure, meaning that they do not have reliable access to sufficient quantities of safe, nutritious and affordable food. Even more people – approximately 2 billion – have deficiencies of important micronutrients such as iron, iodine and zinc. Insufficient dietary iron can lead to iron deficiency anemia, a condition
0 Comments
The Chainalysis data quantifies this distinct shift in the make-up of bitcoin owners from longer-term investors — those who held the asset for more than a year — to short-term investors who have traded more recently, by analysing how regularly coins have changed hands. Last November — before December’s pricing peak — the amount of
0 Comments