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Tom Steyer, the billionaire environmental activist and one of the Democratic party’s biggest political donors, has announced his bid for California governor, joining a rapidly expanding field looking to replace the termed-out Gavin Newsom. Steyer, who previously ran for the Democratic presidential nomination in 2020, said he is entering the race to tackle what he…
Billionaire investor Peter Thiel has completely exited his position in Nvidia, selling approximately 537,742 shares worth nearly $100 million during the July-September period, according to regulatory filings released over the weekend. A Form 13F filing from his Thiel Macro fund showed he no longer held any Nvidia shares as of September 30.The dramatic exit comes…
Billionaire investor and PayPal founder Peter Thiel has called the election victory of democratic socialist Zohran Mamdani as New York City’s new mayor a sign of deep voter frustration — and a wake-up call for both major political parties in the United States. In comments made to The Free Press recently, Thiel said the results…
Elon Musk (left), Donald Trump, Zohran Mamdani (agencies) TL;DR: Driving the news Two landmark events – one in politics and other in the business world – unfolded across the United States this week: In a kind of political upset in the capital of capitalism, democratic socialist Zohran Mamdani was elected mayor of New York City,…
Rajat Patidar and Virat Kohli of RCB (ANI) Bengaluru: As Diageo prepares to sell Royal Challengers Bengaluru (RCB), the current IPL champions and one of its most valuable franchises, speculation has mounted on potential bidders. Among the local names doing the rounds are Bengaluru-based billionaires Nikhil Kamath, co-founder of discount brokerage platform Zerodha, and Ranjan…
The billionaire singer has increased the security, and the money dedicated for her protection – especially at NFL games. Taylor Swift increased the digits to a whopping USD 2 million for security, as she remains out of sight from the spotlight. The 35-year-old’s movements are constantly being monitored, and the schedules are detailed with expert…
Nvidia CEO Jensen Huang having dinner in Korea (Credits: Reuters) A simple evening of fried chicken and beer has sparked an extraordinary rally in South Korea’s food sector, proving once again that Jensen Huang’s influence extends far beyond silicon chips. The Nvidia CEO’s Thursday night dinner with Samsung Electronics Chairman Jay Y Lee and Hyundai…
The American economy may look healthy on paper. Wall Street is roaring, Silicon Valley is buzzing with AI optimism, unemployment is steady, and GDP is rising. But billionaire investor Ray Dalio says this apparent prosperity hides a deeper imbalance. The US, he argues, is becoming dangerously dependent on a small, highly productive elite, while the…
Changpeng Zhao, left, and US President Donald Trump US President Donald Trump on Thursday pardoned Binance founder Changpeng Zhao, who pleaded guilty of enabling money laundering while leading the cryptocurrency exchange.“President Trump exercised his constitutional authority by issuing a pardon for Mr Zhao, who was prosecuted by the Biden Administration in their war on cryptocurrency,”…
Jessica Pegula fires reaction as her billionaire parents’ owned Buffalo Sabres get caught in Brad Marchand controversy (Image via Getty) Jessica Pegula watched the Buffalo Sabres’ NHL game on Sunday and reacted strongly after a heated moment involving Brad Marchand. Pegula is the daughter of Kim and Terry Pegula, the billionaire owners of the Buffalo…
