Call them the Reddit Rich. GameStop’s parabolic stock surge over the past two weeks, driven partly by the Reddit Wallstreetbets crowd, has created more than $2 billion in personal wealth for the company’s three biggest individual shareholders. While it may not last long, the massive shareholder gains created in such a short time gives new
Wealth
A preview of Sandro Botticelli’s “Young Man Holding a Roundel” at Sotheby’s on January 22, 2021 in New York City. Cindy Ord | Getty Images An ultra-rare portrait by the famed Italian painter Sandro Botticelli could fetch $80 million or more when it comes up for sale at Sotheby’s on Thursday. The auction marks the
Bill Gates was “very surprised” when he and Dr. Anthony Fauci became the targets of “crazy” and “evil” conspiracy theories related to the ongoing coronavirus pandemic, Gates told Reuters on Wednesday. The billionaire Microsoft co-founder and White House advisor Fauci, the nation’s top infectious diseases expert, have been frequent targets for baseless coronavirus conspiracy theories,
Any successful CEO will tell you that the people you hire can make or break your company. So what are the top traits hiring managers need to look for, and how do they spot them in a candidate? According to Elon Musk, it’s not about what school you went to or your level of education.
Billionaire investor Mark Cuban has been bullish on the future of artificial intelligence for years, and he makes it a priority to learn about and invest in AI. In fact, Cuban asks himself “How good is the company at AI?” before investing, he tweeted on Saturday. “It’s the foundation of how I invest in stocks these days. The companies
The richest of the rich are polluting the world and driving climate change, while the poorest of the poor suffer the greatest consequences, according to a new report published Monday by Oxfam International. The richest 1% of the global population have used two times as much carbon as the poorest 50% over the last 25
The secret to a happy life isn’t an abundance of wealth — and yet, we often hear people say they want more money. But rarely anyone says they have too much, or just enough. In my 30 years of researching money and happiness, one of the most remarkable individuals I’ve ever met was a Japanese
More than 150 world leaders, including Amazon boss Jeff Bezos, Salesforce CEO Marc Benioff and Ford Motor Company executive chairman Bill Ford, signed an open letter to President Joe Biden to pledge their support to the new administration’s goals to combat climate change. In particular, the open letter, released Sunday, underscored the potential job growth
Before Mark Cuban became a billionaire in 1999, he was mostly broke in his early 20s — sleeping on the floor of an apartment he shared with six others, frequently coming home to his lights turned off and having his credit cards cut. But Cuban remained motivated by the thought of retirement and financial independence. In fact, “my whole goal when I
Seychelles this month became the first nation to welcome vaccinated travelers from all over the world, sparking excitement among international travelers. But there are reasons some travelers — even vaccinated ones — may want to wait. A sudden rise in cases Throughout 2020, Seychelles reported enviably low Covid-19 infection rates. Except for a small spike