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
New Celebrities Join the Billionaire Club in 2025
Several celebrities have joined the exclusive group of billionaires, turning their careers into successful business empires. Internationally recognised stars like Jerry Seinfeld, Arnold Schwarzenegger, and Bruce Springsteen have become billionaires through a mix of hard work, smart decisions, and leveraging their fame. These stars are great examples of how entertainment and business can go hand
Billionaire Investor Regrets Not Owning Bitcoin, Suggests $5 Trillion Market Cap
Billionaire investor Philippe Laffont regrets not getting into Bitcoin earlier, but he also mulls over when the right entry point might be. Speaking to Joe Kernen, Becky Quick and Andrew Ross Sorkin on CNBC’s Squawk Box, Laffont said the total market cap of BTC could hit US$4–5 trillion (AU$6–7.6 trillion...
Billionaire Bitcoin Whales Waking Up; More Than 80,000 BTC Moved—Should You be Worried?
As the Bitcoin price is heading close to the ATH, interesting events unfold within the crypto markets. Not long after, a whale that had remained dormant for over 14 years woke up, transferred 10,000 BTC, and reportedly sold. Many more ‘Billionaire’ whales have also emerged. Despite this, the BTC price continues to remain calm with
US Billionaire Reveals Why He Rejected His Son’s Job Request, Made Him Earn His Stripes
Last Updated: April 02, 2025, 09:42 IST Instead of giving a job to Jon Paul in his company, Jorge Perez encouraged him to gain experience elsewhere before considering a role in the family business. Billionaire Jorge Perez. (Related Groups.com) In a surprising move, billionaire Jorge Perez revealed that he had rejected his son Jon Paul’s
Mexican Billionaire Ricardo Salinas Allocates 70% of His Wealth to Bitcoin
You are here: Home / News / Mexican Billionaire Ricardo Salinas Allocates 70% of His Wealth to Bitcoin Ricardo Salinas now holds 70% of his portfolio in Bitcoin and Crypto-related assets. Salinas rejects bonds and external stocks, focusing on Bitcoin and gold investments. Salinas plans to make Banco Azteca the first Mexican bank to accept
Billionaire Ricardo Salinas Shifts 70% of Liquid Assets to Bitcoin, Shuns Bonds in Bold Investment Pivot
Salinas now holds 70% of his liquid portfolio in Bitcoin, with the remainder in gold and gold miners, and no exposure to bonds or stocks. He is considering delisting Grupo Elektra to address tax challenges, which aligns with his preference for alternative assets over traditional investments. Salinas recommends dollar-cost averaging for average investors to mitigate
Billionaire Alibaba Invests $53 Billion in AI to Compete with Top Tech Companies
Chinese billionaire Jack Ma’s company, Alibaba, is making a big move into artificial intelligence (AI) by investing $53 billion over the next three years to improve its AI technology, including building big data centres. This plan puts Alibaba in competition with major tech companies like Microsoft...
Billionaire Aga Khan Dies
His Highness Prince Karim Al-Hussaini, Aga Khan IV, the 49th hereditary Imam of the Shia Ismaili Muslims, has passed away. The Aga Khan Development Network (AKDN) confirmed his death noting that he passed away peacefully in his sleep on Wednesday night aged 88 years. "His Highness Prince Karim Al-Hussaini, Aga Khan IV, 49th hereditary Imam
Newsletter
Don't miss
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