/worlds-billionaires Archives - 📈 NewzGlobe.com

📈 NewzGlobe.com

Financial Times For The Savvy Investor

📈 NewzGlobe.com

Financial Times For The Savvy Investor

in Billionaires, Investing, Money
Billionaire Leon Cooperman Knows ‘For Sure’ Election Results Will Be Challenged—Here’s His Outlook On Stocks And The Economy
Topline Billionaire hedge fund manager Leon Cooperman, the longtime chairman and CEO of now-defunct investment advisory Omega Advisors, isn’t bullish on the economy’s long-term outlook, but the short-term should be favorable for stocks—even if election results are challenged, he said on CNBC Friday. Leon G. Cooperman speaks during a conference in New York City back… More
November 6, 2020, 11:46 am
in Billionaires, Business, Consumer Tech, Innovation, Investing, Markets, Money
Zoom Is Now Worth More Than ExxonMobil—And Founder Eric Yuan’s Net Worth Has Nearly Doubled In Three Months
As Zoom Video Communications’ stock has skyrocketed, so too has the fortune of its billionaire … [+] founder. Victor J. Blue/Bloomberg High-flying video conferencing service Zoom, which has seen skyrocketing demand during the coronavirus pandemic, is now worth more than ExxonMobil, one of the world’s largest oil and gas companies. As of 2:30 p.m. ET,… More
October 29, 2020, 12:10 pm
in Billionaires, Business, Consumer Tech, Innovation, Markets, Money
Intel Cofounder Gordon Moore’s Fortune Falls $1 Billion After Chip Firm’s Disappointing Earnings
Intel’s stock tumbled nearly 11% on Friday, lowering Moore’s net worth to under $10 billion. Justin Sullivan/Getty Images Gordon Moore, the world’s 48th-richest person, shed $1 billion from his fortune on Friday as Intel INTC stock plummeted on the back of disappointing third-quarter earnings. Shares of Intel, which Moore cofounded in 1968, fell nearly 11%… More
October 23, 2020, 12:46 pm
in Billionaires, Business, Markets, Money, Taxes
Billionaire Brian Sheth Likely To Leave Private Equity Firm After Robert Smith’s Tax Fraud Scandal
Under Sheth’s watch, Vista Equity Partners has conducted more software acquisitions than any other … [+] company or investor in recent years. Patrick T. Fallon/Bloomberg Following billionaire Robert Smith’s admission to tax fraud last week, one of his private equity firm’s top dealmakers—cofounder and president Brian Sheth—looks set to depart. While Sheth—who launched Vista Equity… More
October 19, 2020, 2:17 pm
in Billionaires, Business, Consumer Tech, Innovation, Money, Retail, Taxes
Trump’s Biggest Side Hustle Outside Of ‘Apprentice’? Multi-Level Marketing Schemes
Topline President Trump made over $11 million endorsing two multi-level marketing companies in the 2000s for which he and his children would later be sued for fraud, according to the New York Times, which revealed for the first time how much money the future president received for hawking the MLMs, and that those two endorsements… More
September 29, 2020, 1:05 pm
in Asia, Billionaires, Business, Leadership, Money
Singapore’s 50 Richest: $37 Billion Added To Their Wealth Amid Pandemic
Getty This story is part of Forbes’ coverage of Singapore’s Richest 2020. See our full coverage here. Pandemic-induced economic pains have pushed Singapore into recession. For the quarter ended in June, the trade-dependent country reported a year-on-year 13.2% drop in GDP, despite $68 billion in stimulus packages by the government to shore up the economy. The benchmark… More
August 19, 2020, 2:35 pm
in Billionaires, Business, Consumer Tech, Innovation, Investing, Markets, Money
Apple Becomes First U.S. Company Worth More Than $2 Trillion
TOPLINE Apple hit a new milestone on Wednesday, becoming the first publicly traded U.S. company to reach a market capitalization of over $2 trillion and doubling in valuation over the last two years. Apple CEO Tim Cook. Taylor Hill/WireImage KEY FACTS The iPhone maker’s stock is up almost 55% so far in 2020, and shares… More
August 19, 2020, 9:15 am

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