Billionaire
Investors Cash Out Fast of Bitcoin ETFs but Price Remains Stable
American investors have reversed course, cashing out of spot Bitcoin exchange-traded funds after a hot run at the beginning of August. Data from Farside Investors shows that investors pulled over $385 million from the U.S. funds last week. The week before, the funds had received fresh cash every day, bringing in more than $865 million
African investment entity planned by Egypt as it seeks expanded BADEA funding
Egypt plans to establish a new investment entity to coordinate its investments in Africa and is urging the Arab Bank for Economic Development in Africa (BADEA) to expand its backing for continental infrastructure and trade initiatives, Foreign Minister Badr Abdelatty said on Sunday. Abdelatty, who serves as Minister of Foreign Affairs, Emigration and Egyptian Expatriates
Wealthy House candidates eye payoffs in Florida Republican primaries
More than a dozen House candidates in Florida have poured over $1 million into their campaigns ahead of Tuesday’s primary elections, a CQ Roll Call analysis of fundraising reports shows. The investments — by 14 Republicans running for eight different House seats — come after the GOP-led state Legislature approved a new congressional map this
Revealed! Billionaire Farmers Up NORTH
How They Rake In Billions Annually The North has some of the biggest commercial farming operations in the country, and they range from multi-thousand-hectare mechanized farms to large Agribusiness companies that aggregate thousands of small holders. The region’s climate and land mass make it ideal for grains, legumes, dairy, poultry, and now even horticulture and
Billionaire Femi Otedola Gifts Late Minister’s Wife ₦50 Million Amidst Heated Will Dispute
Billionaire businessman Femi Otedola has reportedly gifted ₦50 million to Queen Sholape Demola Seriki, the third wife of his late friend, Ademola Seriki. The gesture comes shortly after Sholape went public with her frustrations over an ongoing dispute involving the late minister’s properties. Ademola Seriki, a former Minister of State for Defence and ambassador, passed
Billionaire Okoya Family Alliance with Ojugbana Raises Stakes in Nigeria’s Agriculture and Industrial Construction Sectors
LAGOS — An emerging business alliance between Lanre Okoya, son of billionaire industrialist and founder of the Eleganza Group, Aare Razaq Okoya, and Les Ojugbana, son of distinguished nobleman, accomplished businessman and founder of MADEC Associates Nigeria Limited, Chief F. E. Ojugbana, is attracting growing attention within Nigeria’s business and investment community. Industry observers say
Billionaire Michael Saylor’s Strategy Buys Bitcoin Dip With $100 Million Purchase
Topline Strategy on Monday disclosed a bitcoin purchase valued at more than $100 million, after billionaire Michael Saylor’s firm—the world’s largest institutional holder of bitcoin—announced a rare sale of the cryptocurrency amid a broad drop in the world’s most valuable digital asset. Bitcoin’s price recently dropped under $60,000 for the first time since 2024. Getty
Nigerian billionaire Aliko Dangote reveals why he failed to buy Arsenal
Soccer
Aliko Dangote, President of the Dangote Foundation. Photo Credit: Imago
Nigeria's wealthiest man and the richest black man, Aliko Dangote, has opened up on...
Billionaire Tom Steyer Running for California Governor Says Cities There ‘Do Not Want New Housing’
Billionaire Tom Steyer , one of the top contenders for governor of California, argued that the state's leading challenge is its lack of housing affordability, blaming local resistance to new development. Steyer made his remarks during Tuesday night's televised gubernatorial debate that saw seven candidates seeking to replace outgoing Gov. Gavin Newsom —five Democrats and
Malaysian Billionaire Brothers’ IOI Properties To Buy Prime Singapore Office Tower For $2 Billion
Malaysia's IOI Properties is doubling down on its investments in Singapore's Marina Bay financial district with the acquisition of Asia Square Tower 2. © 2024 Bloomberg Finance LP IOI Properties Group—controlled by Malaysian billionaire brothers Lee Yeow Chor and Lee Yeow Seng —is buying a prime office building in Singapore for S$2.5 billion ($2 billion)
A Billionaire Beach Party: Mark Zuckerberg’s $170 Million Florida Purchase Tops March’s Most Expensive Home Sales
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Bitcoin
Investors Cash Out Fast of Bitcoin ETFs but Price Remains Stable
American investors have reversed course, cashing out of spot Bitcoin exchange-traded funds after a hot run at the beginning of August. Data from Farside Investors shows that investors pulled over $385 million from the U.S. funds last week. The week before, the funds had received fresh cash every day, bringing in more than $865 million
African
African investment entity planned by Egypt as it seeks expanded BADEA funding
Egypt plans to establish a new investment entity to coordinate its investments in Africa and is urging the Arab Bank for Economic Development in Africa (BADEA) to expand its backing for continental infrastructure and trade initiatives, Foreign Minister Badr Abdelatty said on Sunday. Abdelatty, who serves as Minister of Foreign Affairs, Emigration and Egyptian Expatriates
House
Wealthy House candidates eye payoffs in Florida Republican primaries
More than a dozen House candidates in Florida have poured over $1 million into their campaigns ahead of Tuesday’s primary elections, a CQ Roll Call analysis of fundraising reports shows. The investments — by 14 Republicans running for eight different House seats — come after the GOP-led state Legislature approved a new congressional map this
public
US Treasury Asks For Public Input on Landmark Genius Act Crypto Legislation
The U.S. Department of the Treasury is moving fast with crypto regulation, with the government body asking for public comment on the landmark GENIUS Act. In a Monday announcement, the Treasury said that it was welcoming input from stakeholders on a proposed rule that would provide clarity to industry regarding who needs a license to
Billionaire
Hedge Fund Billionaire John Overdeck’s Wife Seeks $6.2 Billion in Divorce Settlement
Eweeeeee!!! The divorce showdown between hedge fund billionaire John Overdeck and his wife Laura Overdeck has intensified, with Laura now demanding a staggering $6.2 billion settlement. The case, unfolding in a Newark courtroom, has been described as the biggest contested divorce in New Jersey history. Laura is asking for 35% of John’s stake in Two