A Conservative lawmaker, Lord Wolfson, finds himself in hot water. He's a shadow attorney general and a lawyer for Roman Abramovich, a Russian billionaire under UK sanctions. Labour isn't happy about this setup. They say it's a conflict of interest. Justice Minister Jake Richards even called it "ind
A recent investigation by German authorities into Russian billionaire Alisher Usmanov has come to a close. The probe focused on alleged violations of foreign trade laws. Specifically, it looked into payments made for security services at two properties in Bavaria. The payments were made between Apri
Beyoncé has done it again. She is now a billionaire, joining an exclusive club of only five musicians. This is not just about her music. It is about her smart moves and bold choices. Her latest album, \"Cowboy Carter, \" changed the game. It was not just a new sound. It was a new way to make money.
The recent Netflix documentary, Murder in Monaco, dives into the bizarre and tragic story of Edmond Safra, a billionaire banker who met a mysterious end in 1999. The documentary has quickly climbed the Netflix charts, sparking curiosity and debate among viewers. Edmond Safra was a wealthy private b
Billionaires are changing how they give money to causes. Mark Zuckerberg and his wife Priscilla Chan have stopped funding FWD, a group that pushes for immigration and criminal justice reform. They supported this group for ten years. Now, they want to focus on AI and science instead. Zuckerberg's mo
Larry Ellison, a tech billionaire, is making waves with a huge $40 billion promise. He's backing his son's plan to take over Paramount. This isn't your typical charity donation. It's a new way of giving where billionaires use their money to shape industries instead of just writing checks. Ellison's
AMC's stock hit a new low, dropping to $1. 64. This happened even though the company had a great weekend with the new Avatar movie. The movie brought in over 4 million people and made $88 million. Most of the money came from special 3D showings. Investors are not happy. They are worried about the f
The Knight family has made a huge donation to fight cancer. They gave $2 billion to the Oregon Health & Science University's Knight Cancer Institute. This is a lot of money. It is more than double the second-biggest donation this year. Warren Buffett gave $746. 7 million to his foundation. That is a
The super-rich have been living in a dream world. They've had the power to shape laws and politics to their liking, all thanks to some big court rulings. This has made them incredibly wealthy. The top 20 richest Americans saw their wealth double in just five years. But they've been doing this behind
Ken Griffin, the head of Citadel Advisors, made some interesting choices in the tech world during the last quarter. With a massive $50. 1 billion under management, Griffin is a big player. He increased his investments in most of the top tech companies, but there was one notable exception: Amazon. G
