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Billionaire Leon Black defeats defamation claim by Guzel Ganieva

The New York State Court of Appeals on Thursday ruled in favor of billionaire investor Leon Black, rejecting a defamation lawsuit brought by a woman who also accused the co-founder of Apollo Global Management of rape and sexual abuse. I put it down. In a 4-1 ruling, the Manhattan Appellate Division ruled that Guzel Ganieva's […]

Bill Ackman backs fellow hedge fund billionaire Whitney Tilson for NYC mayor

Billionaire investor Bill Ackman is flexing his political muscle again, this time by publicly promoting former hedge fund manager Whitney Tilson's candidacy for New York mayor. That's because “we don't want New York City to become San Francisco or, God forbid, Los Angeles.” Tilson, who founded Kase Capital Management in 1999 and was one of […]

‘Billionaire Right’ Is Trying to Take California with Lies, and Deceit and by Fire

On MSNBC's “The Readout” on Monday, host Joy Reid said the “billionaire right” is trying to take over California “using lies, deceit and fire.” “Aside from the fire itself, the worst part was the lie. But if there's one thing billionaires are right about, it's that they're consistent. They're America's largest They want California, the […]

Emirati billionaire investing $20B in US to build data centers

President-elect Trump announced Tuesday that Emirati billionaire Hussein Sajwani plans to invest $20 billion in the United States “in a very short period of time” and build data centers across the country. The investment will support the construction of new data centers in the Midwest and Sunbelt regions, with the first phase of the project […]

‘Billionaire Oligarchs’ Want to ‘Bring Everybody In’ Since They ‘Love Cheap Foreign Labor’, Trump’s Base ‘Nativist’

On Friday's broadcast of the MSNBC show “All In,” Rep. Jamie Raskin (D-Md.) said that “billionaire oligarchs like Elon Musk” “love cheap foreign labor. “We're going to open our doors and let everyone in,” he said. And he believes Democrats could exploit the divide within President-elect Donald Trump's coalition between people like him and “xenophobic” […]

Trump Second Term Will Be ‘Oligarchy’ in Service of Elon Musk, Billionaire Class

Sen. Chris Murphy (D-Conn.) said Friday on MSNBC's “All In” that President-elect Donald Trump's second term will be aimed at Tesla CEO Elon Musk and “oligarchs” serving the “billionaire class.” He argued that it would become a “regulatory system.” “We're in the minority in the House and Senate,” Murphy said. “We don't have a White […]

Billionaire Steve Ballmer has more than 80% of his portfolio in Microsoft stock and advises everyday investors to ‘keep it simple’ – Yahoo Finance

former microsoft CEO Steve Ballmer believes most investors should keep things simple, and his own stock holdings are so simple that he relies overwhelmingly on just one stock. . According to wall street journalMore than 80% of his investment portfolio is Microsoft stocks, and the rest is stock index funds. “Microsoft outperformed almost every other […]

Senate Dems rail against ‘shadow speaker’ billionaire Elon Musk: ‘Not elected to anything’

Senate Democrats announced Wednesday that an initial stopgap spending deal between billionaire Elon Musk and President-elect Donald Trump collapsed after he and eventual president-elect Donald Trump voiced opposition. They called him by titles such as “co-president'' and “shadow speaker.'' Sen. Elizabeth Warren of Massachusetts said Musk “seems to be in charge of this country right […]