In a world where seemingly no one is immune to the impacts of AI on the workforce and an increasingly stiff job market, ultra-high net worth people are starting to have the same concerns as middle-class and low-income families: Will my kid be able to get a job and support themself? “Billionaires have the financial
The net worths of CEOs and founders are largely at the whim of their company stock—all it takes is one breakout earnings report or blockbuster news to shake up their fortunes. Now, Moderna cofounder Robert Langer has re-entered the billionaires club following promising cancer vaccine trials that sent the company’s stock soaring. Langer, known as
Miami’s billionaire boom has pushed up housing prices — and intensified competition for the city’s elite schools. State-of-the-art facilities, strong athletics, and impressive college matriculation lists are just some of the features that define Miami’s most expensive schools. Michael Light, Miami-based luxury real estate broker and founder of The Light Group at Douglas Elliman, told
Silicon Valley made a fortune betting on disruption. Now some of the most recognizable names in venture capital and Big Tech are spending millions to disrupt California’s plan to tax them. Campaign finance records show Palantir cofounder Peter Thiel, crypto billionaire Chris Larsen, Google cofounder Sergey Brin, and longtime venture capitalist John Doerr donated to
Billionaire entrepreneur Mark Cuban didn’t hold back in a public squabble with Rep. Ro Khanna about the proposed wealth taxes in California—cracking open a feud between one of the wealthiest Democratic Party supporters and the left wing of the party. The two sparred over a proposed wealth tax that would ask the state’s richest residents
One Gen Z high school dropout with two tech businesses to his name has just become Europe’s youngest self-made billionaire following a breakout investing round—before even turning 30. James Dacombe, the 25-year-old serial entrepreneur behind AI chip-making firm Olix and brain monitoring startup CoMind, just hit a personal net worth of over $1 billion. Dacombe