Jeremy Grantham, the well-known British investor recently issued a warning that what lies ahead is worse than a recession. But who is Jeremy Grantham and why does he believe this? Renowned for his work examining market bubbles, Grantham shared his opinions on the contemporary economic landscape. He also provides insights that are both thought-provoking and...
One of the biggest issues in the medical care industry in the United States is the price of drugs and medications. People have debilitating or life-threatening diseases, and yet they can’t afford the treatments and medications that they need. Billionaire Mark Cuban has created a new pharmacy with the goal of solving this problem. His...
It’s hard to fathom how much money one billion dollars is, let alone $180.6 billion – Amazon billionaire Jeff Bezos’s current net worth. Irish-American fantasy novel writer Theresa Searcaigh posted this question on her Twitter feed: If billionaires have so much money, why don’t they use it to end poverty? (1,2) Tumblr user Olivesawl responded,...
Farmland is a controversial topic in both the United States and around the world. There are groups who are on the side of protecting it, while there are others who argue that it is an environmental disaster. In Montana, a billionaire-funded conservation group is quietly buying up thousands of acres of farmland in the state....
Billionaire Porsche executive Wolfgang Porsche has filed for divorce from his wife of 16 years after her “dementia-like illness” worsened. His wife Claudia Huebner is 74 and her illness caused a shift in her personality that made it “impossible” for them to live together, according to Porsche. She has four carers who help her all...
At some point, most of us have probably imagined what it would be like to date someone with a lot of money. You know, that moment when your job is nearly killing you and you think: Wouldn’t it be great to just marry someone with a ton of money and never work again? Well, this...
There’s a billionaire space race going on, and not everyone is excited about the outcome. The net worth of billionaires Elon Musk, Richard Branson, and Jeff Bezos amass to about $400 billion — roughly the GDP of Ireland. In the past, only countries were wealthy enough to launch into space. But now three men create...
The world’s wealthiest people are often criticized for being greedy. In many cases, this criticism is warranted. While a significant portion of society struggles to put food on its tables, the wealthiest among us seem to continue to make more and more money. This reality has become even more apparent amidst the COVID-19 pandemic. While millions...
Who doesn’t like an inspirational story of an underdog who, through sheer will, hard work, and a dream, ends up being a billionaire? Of course, the majority of such stories exist in fiction. But there are loads of billionaires out there who claim that their lives were just like this. They claim that they are...
A couple from Boston named Rob and Karen Hale have always been big on making sizable donations to charities. This year though, they’ve set a new goal and are well on their way to making great strides to change the lives of hundreds, if not thousands, of people. The Plan. The Hales have been long-time,...
People have their own opinions about billionaires, however, it can’t be denied that it means something significant if all of them are trying to leave the country. This is what is happening with China’s billionaires. Apparently, nearly all of them are trying to flee the country. If they are successful, they will take $60 billion...
The rise and fall of stock valuations can have significant consequences for both companies and their leaders. Tesla, once a trillion-dollar company, has seen its market value drop in recent months, leading to financial losses for its CEO, Elon Musk. Over the past two months, Tesla’s stock price has fallen sharply, erasing billions from the...
