billionaire

Amazon CEO Jeff Bezos added a record $13 billion to his fortune on Monday amid a coronavirus-fueled boom for his e-commerce empire. A 7.9 percent jump in Amazon’s stock price helped the world’s richest man notch the largest one-day increase to any individual’s net worth in the history of Bloomberg’s Billionaires Index, which tracks the …

That’s some pay raise. Tesla CEO Elon Musk added a whopping $5 billion to his net worth on Monday thanks to Tesla’s never-ending stock rally, allowing him to finish the day as the fifth-richest person in the world with a net worth of $74.2 billion. Musk, who as recently as a few weeks ago was …

An activist investor declared that “Elizabeth Warren is right” as he left the helm of his giant hedge fund to focus on environmental and social-impact investing. Jeffrey Ubben — a corporate cage-rattler who has prodded for change at behemoths including Microsoft, BP and Nintendo — said he is leaving his $16 billion hedge fund, ValueAct …

Jeff Bezos would have become the world’s first $200 billion man on Monday — if not for that pesky divorce last year. The world’s richest man saw his net worth grow by $2.6 billion on Monday to top $152 billion, according to Forbes, while ex-wife MacKenzie Bezos saw her own wealth hover just shy of …

The combined fortunes of America’s billionaires ballooned by $434 billion during the coronavirus pandemic, even as millions of Americans lost their jobs, a new report says. That marked a 15 percent increase in the total net worth of the nation’s more than 600 billionaires between March 18 and May 19 as much of the country …

Amid the collapsing economy due to the coronavirus pandemic, Jeff Bezos is expected to come out smelling like a rose — and reach the exalted status of the world’s first trillionaire, according to research. The Amazon founder — whose fortune is estimated at $143 billion, up from $125 billion on April 12, according to the …

President Trump lashed out at Wall Street bears Wednesday as the stock market digested fresh warnings about the coronavirus pandemic. Trump suggested on Twitter that it’s “barely legal” for pessimistic investors to give gloomy forecasts if they stand to profit from market crashes like the one the virus crisis caused. “When the so-called ‘rich guys’ …

Billionaires contribute daily to the “common good”—not only through charity, but through human ingenuity and the progress and prosperity that produces for all of us. ran into a neighbor on the street the other day and we chatted about life at home during COVID-19 and how we are all coping with social distancing. I mentioned …

Chefs from some of New York City’s top restaurants are leaving the business to work for billionaires after losing their jobs to the coronavirus, Side Dish has learned. Out-of-work chefs from Jean-Georges, Daniel, Eleven Madison Park, Per Se and Gramercy Tavern are being poached by talent agents and even real estate brokers to work for …

Forbes magazine has finally confirmed Kanye West‘s billionaire status, but according to the musician, they still shorted him on his actual net-worth. Editors at the money mag claim West, 42, took issue with his published $1.3 billion estimate, texting staffers that apparently don’t know “how to count” that his net-worth is actually closer to 3.3 …