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
Tech stocks are making waves, and not everyone is happy about it. Michael Burry, a well-known investor, thinks Tesla is way too expensive. He's not alone in criticizing the tech industry for some of its practices. Meanwhile, Nvidia is teaming up with Synopsys, and Jim Cramer thinks this could be a
Mexico's President Claudia Sheinbaum is locked in a heated battle with Ricardo Salinas Pliego, a billionaire with a vast business empire. Sheinbaum accuses Salinas of avoiding taxes and stirring up trouble. Salinas, who has a knack for making headlines, calls himself a fighter against corruption. Bu
Artificial intelligence (AI) is a hot topic these days. Everyone is talking about it. But who will it really help? That's the big question. Sen. Bernie Sanders and AI expert Geoffrey Hinton recently shared their thoughts on this. Sanders thinks the main issue is who has control over AI. He doubts t
The person who started Bitcoin, known as Satoshi Nakamoto, has seen a huge drop in their wealth. This is because the value of Bitcoin has gone down a lot. Nakamoto's net worth has fallen by 34%, from $137 billion to $90. 7 billion. This drop has pushed them down to the 20th spot on the list of the w
Jared Isaacman, a billionaire entrepreneur, is back in the spotlight as the Senate prepares to revisit his nomination for NASA's top job. The Senate's Commerce, Science, and Transportation Committee will hold a hearing on December 3rd to discuss his appointment. This isn't Isaacman's first rodeo; he
A wealthy businessman and activist, Tom Steyer, has entered the race for California's governor. At 68, he brings a significant amount of personal wealth to the table, making him a strong contender in the crowded field. The race includes more than half a dozen Democrats and two Republicans, all vying
A wealthy Russian businessman, Roman Abramovich, is in a legal fight with the government of Jersey. His team says the investigation started in 2022 is unfair and has not made any progress. They claim that the government has not provided enough evidence or made any charges against Abramovich. The go
