Billionaire Bill Ackman Gives $10,000 to ICE Officer Involved in Fatal Minneapolis Shooting
Bill Ackman Raises Funds for ICE Officer Involved in Shooting Billionaire investor Bill Ackman shared that he contributed to a fundraising effort for the U.S. Immigration and Customs Enforcement (ICE) officer who fatally shot a woman in Minneapolis on Wednesday. He also mentioned attempting to provide support to the victim’s family. Ackman donated $10,000 to […]
Investment firm of ‘invisible billionaire’ sees 73% growth in 2025
Bluecrest Capital Management’s Strong Performance The private investment firm founded by billionaire Michael Platt, who has a unique backstory of learning to invest from his grandmother, continues to see impressive profits. The firm reported a return of approximately 73% last year after choosing to return external capital in 2015. Bluecrest Capital Management transitioned from a […]
Billionaire brothers from New Zealand spend over $65M on burned Malibu properties with a plan to construct prefab houses.
Billionaire Brothers Buy Burned Malibu Land for Prefab Homes New Zealand billionaire brothers have acquired 16 acres of beachfront property in Malibu, which was ravaged by a fire last year. They’ve dedicated over $65 million to plans for building prefabricated homes on the site. Nick and Matt Mowbray, co-founders of the toy company Zuru, intend […]
Two Smart Stocks This Billionaire is Investing In for 2026
Third Point’s Notable Moves in Q3 Since its inception in 1995, Daniel Loeb and Third Point Management have managed to achieve impressive results. Whenever they make moves in the market, it’s worth taking note, especially with the two stocks they’ve recently acquired in the third quarter—the outlook for these investments appears quite promising. Recently, we’ve […]
Israeli tech billionaire calls on Americans to ‘restrict the First Amendment’
Shlomo Kramer, the co-founder and CEO of Cato Networks, ignited a wave of criticism online after suggesting that Americans should consider “limiting the First Amendment.” He argued that democracies need to take action against emerging threats by regulating online speech before it becomes too late. Kramer, who has a background as a serial entrepreneur and […]
Billionaire tax plan prompts reflection among Californians
California Billionaire Tax Proposal Sparks Controversy The ongoing debate surrounding a ballot initiative aimed at taxing California’s wealthiest individuals has triggered some serious self-reflection across the state. While the proposal for a one-time tax on those with over $1 billion in assets has yet to reach the ballot—and will ultimately depend on voter approval in […]
California billionaire tax plan may lead to unintended consequences, warns Washington Post
The Washington Post Editorial Board has issued a warning to California regarding its proposed aggressive tax increases aimed at the ultra-wealthy, suggesting such measures could have unintended consequences, potentially driving billionaires out of the state. In a recent editorial titled “California Will Be Lonely Without Its Billionaires,” the board expressed concerns about the economic repercussions […]
California acknowledges that the ‘billionaire tax’ would harm state revenues as supporters are permitted to collect signatures.
Supporters of California’s contentious wealth tax argue it could generate tens of billions. However, Attorney General Rob Bonta is cautioning voters about the potential long-term financial fallout, which might be counterproductive. For the wealth tax measure to make it onto the November ballot, it first needs to gather enough signatures. Bonta explained that while the […]
Billionaire Chase Coleman Holds Over 10% of His Investments in an AI Stock Set for 2026
Microsoft represents a significant investment for Coleman and Tiger Global Management. Following billionaires and their stock holdings can provide a helpful reality check for investors. This process has become easier thanks to a rule from the Securities and Exchange Commission, which requires asset managers with over $100 million in assets to disclose their quarter-end holdings. […]
Understanding California’s billionaire tax
Taxation has a way of rallying tech giants. Recently, in California, a ghost of a proposed “Millionaire Tax” gained traction, and let’s just say, it didn’t sit well with a lot of influential figures. Take Company X, for example, which speculated about a grim future if the proposal passes in November. Palmer Luckey, the founder […]