Category: Billionaire
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Saudi billionaire fuels ETFSwap presale excitement with $5 million bet
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Disclosure: This article does not constitute investment advice. The content and materials contained on this page are for educational purposes only. Saudi billionaire turns $1M into $500M with Solana, drives FOMO in ETFSwap presale, eyes 200x returns by 2025 The famous Saudi billionaire and veteran cryptocurrency investor, who turned $1…
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Saudi billionaire fuels ETFSwap presale excitement with $5 million bet
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Disclosure: This article does not constitute investment advice. The content and materials contained on this page are for educational purposes only. Saudi billionaire turns $1M into $500M with Solana, drives FOMO in ETFSwap presale, eyes 200x returns by 2025 The famous Saudi billionaire and veteran cryptocurrency investor, who turned $1…
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Here’s the Billionaire Investor You Should Be Following — and He’s Not Warren Buffett or Bill Ackman
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It’s always a good idea for individual investors to look at what institutional investors, also called smart money, are picking. You should never base your decisions solely on others without doing research, but institutional investors are professionally trained, and often have decades of experience and returns to back this up.…
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Billionaire Investor Who Predicted 2000, 2008 Crashes Says Market Euphoria Will Top Soon, Warns Of ‘Black Swan Event’
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Billionaire investor who predicted crashes in 2000 and 2008 says market euphoria will peak soon, warns of ‘black swan event’ Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Mark SpitznagelThe co-founder of Universa Investments believes that the stock market is in…
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99 Speed Mart IPO crowns polio survivor as Malaysia’s newest billionaire
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Lee Thiam Wah’s first venture into retail was selling snacks from a roadside stall in Malaysia. Decades later, the entrepreneur has turned that humble beginning into a sprawling retail empire with more than 2,600 grocery stores across the country. Today, the 60-year-old is a billionaire after his company 99 Speed…
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Proposals to tax unrealized capital gains would ‘kill the stock market,’ billionaire investor Mark Cuban says
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Brendan Smialowski/Getty Images Mark Cuban said taxing unrealized capital gains would “kill the stock market.” President Joe Biden has proposed imposing a tax on unrealized gains for people with more than $100 million. Kamala Harris is unlikely to support Biden’s plan, Cuban said. Billionaire investor Mark Cuban said any proposal…
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Billionaire Buffett again sells BofA shares worth about $845 million By Reuters
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(Reuters) – Warren Buffett’s Berkshire Hathaway Inc has further reduced its stake in Bank of America Corp by selling about $845 million in shares, a regulatory filing showed on Friday. The group run by one of the world’s most respected investors has sold more than $6 billion worth of shares…
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Billionaire Adani’s Mumbai slum revamp struggles to secure land in potential setback By Reuters
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Written by Dhwani Pandya MUMBAI (Reuters) – A joint venture led by billionaire Gautam Adani is struggling to secure land to rehabilitate poor residents of one of Asia’s biggest slums in Mumbai, a government official said, posing a fresh challenge to an ambitious reconstruction plan. The Dharavi slum, about three-quarters…
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Billionaire Adani’s Mumbai slum revamp struggles to secure land in potential setback By Reuters
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Written by Dhwani Pandya MUMBAI (Reuters) – A joint venture led by billionaire Gautam Adani is struggling to secure land to rehabilitate poor residents of one of Asia’s biggest slums in Mumbai, a government official said, posing a fresh challenge to an ambitious reconstruction plan. The Dharavi slum, about three-quarters…
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71-year-old billionaire Sir Jim Ratcliffe is in a race to secure his legacy
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Sir Jim Ratcliffe likes to keep busy. As reward for working seven days a week at his €40 billion ($52 billion) petrochemicals empire Ineos, the British billionaire treats himself to a range of side projects, from owning a London pub and a football club to embarking on property projects in…
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Shareholder row at Old Mutual as billionaire seeks Sh1bn buyout
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Billionaire businessman Joel Kibe has filed a lawsuit against Old Mutual Holdings, seeking to buy it for a price likely to exceed Sh1 billion. Kibe accuses the insurance company of violating the rights of minority investors in favour of its largest shareholder, Old Mutual East Africa Holdings. In an application…
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Super-angel billionaire Ron Conway blindsided by crypto allies: report
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Billionaire investor Ron Conway reportedly cut ties With a super cryptocurrency commission called Versic After the group said it would support the Republican candidate against Senator Sherwood Brown (D-Ohio), according to Politico a report. Brown is the longtime chairman of the Senate Banking Committee and has raised concerns about Cryptocurrency…
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Billionaire Baloobhai doubled Bamburi stake ahead of buyout
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Billionaire investor Balubhai Patel doubled his stake in Bamburi Cement ahead of the announcement of the company’s purchase, boosting his expected gains from the proposed deal. Shareholder filings as at June 30, 2024, show Mr. Patel’s stake in the cement company has risen to 30.52 million shares, or 8.41% of…
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Billionaire Baloobhai doubled Bamburi stake ahead of buyout
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Billionaire investor Balubhai Patel doubled his stake in Bamburi Cement ahead of the announcement of the company’s purchase, boosting his expected gains from the proposed deal. Shareholder filings as at June 30, 2024, show Mr. Patel’s stake in the cement company has risen to 30.52 million shares, or 8.41% of…
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Bitcoin Billionaire Throws Cold Water on Price Surge: Don’t Expect Fireworks
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Peter Thiel, the billionaire businessman known for his bold investment bets and controversial stances, has taken a measured approach to Bitcoin. In a recent interview at the Aspen Ideas Festival, Thiel revealed that he still holds Bitcoin, but… expressed doubts About a big price increase in the near future. This…
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Bitcoin Billionaire Throws Cold Water on Price Surge: Don’t Expect Fireworks
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Peter Thiel, the billionaire businessman known for his bold investment bets and controversial stances, has taken a measured approach to Bitcoin. In a recent interview at the Aspen Ideas Festival, Thiel revealed that he still holds Bitcoin, but… expressed doubts About a big price increase in the near future. This…
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The Italian billionaire family behind Ferrari and Stellantis, bolster their stake in Philips to $4.19 billion
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The family of Italian billionaire Agnelli has increased its stake in Royal Philips NV, giving it a stake worth $4.19 billion, in a sign of increased confidence in the Dutch medical device manufacturer. Agnellis’ Exor NV now owns 17.51% of Philips, according to a U.S. regulatory filing late Tuesday. It…
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Bitcoin Gets Massive $500,000 Price Tag From Billionaire, Here’s Why
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Billionaire venture capitalist and investor Chamath Palihapitiya predicted this Bitcoin It could see an unprecedented price increase to $500,000. These ambitious forecasts hinge on the possibility of a bullish wave coming next Bitcoin’s fourth halving cycle It happened on April 20, 2024. Bitcoin will rise to $500,000 Palihapitiya rose to…
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Bitcoin Gets Massive $500,000 Price Tag From Billionaire, Here’s Why
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Billionaire venture capitalist and investor Chamath Palihapitiya predicted this Bitcoin It could see an unprecedented price increase to $500,000. These ambitious forecasts hinge on the possibility of a bullish wave coming next Bitcoin’s fourth halving cycle It happened on April 20, 2024. Bitcoin will rise to $500,000 Palihapitiya rose to…
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Czech Billionaire Plans £400m Overhaul for Royal Mail, Sparking Job Concerns
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Daniel Kretinski, the Czech billionaire preparing to take over Royal Mail, has unveiled a transformative vision for the company, which includes a £400m investment to create a network of drop boxes and delivery lockers across the UK. The move could significantly impact tens of thousands of postal delivery jobs and…