Bitcoin billionaire faces imprisonment after British police raided her home and took her into custody while she was in bed.
“You’re under arrest. It’s for money laundering,” they told her. Those were perhaps some of Qian Zhimin’s last words as she found herself taken into custody, suspected of laundering vast sums of money through cryptocurrencies. Just 47 years old, Ms. Chen, often dubbed the “goddess of wealth,” led a life of luxury, thanks to her […]
Stock soars 100% after $50M purchase of ‘encrypted Bitcoin’ by billionaire twins
Leap Therapeutics to Rebrand as Cypherpunk Technologies Inc. Leap Therapeutics, a biotech company based in Cambridge, Massachusetts, is set to change its name to Cypherpunk Technologies Inc., as announced on November 12. Starting tomorrow, the company will trade under the ticker symbol “CYPH.” This shift reflects its transition from biotechnology to focusing on crypto assets, […]
Billionaire Stanley Druckenmiller Liquidated His Fund’s Full Investments in Nvidia and Palantir for a High-Performing Drug Stock That Has Increased 218% Since Mid-2023
Form 13F, filed every quarter, gives investors insight into which stocks and trends are capturing the attention of Wall Street’s top money managers. Billionaire Stanley Druckenmiller has exited his investments in AI stocks like Nvidia and Palantir, though his actions might not fully capture the reasons behind his decisions. At the same time, the investment […]
Billionaire Adelson commends Stefanik at the gala, wishes for her victory as NY governor.
Adelson Supports Stefanik’s Gubernatorial Run At a recent gala organized by the Zionist American Justice Organization, billionaire Miriam Adelson expressed her backing for Congresswoman Elise Stefanik’s gubernatorial campaign in New York. While not an official endorsement, her remarks highlighted Stefanik’s commitment to confronting anti-Semitism in both government and education. Stefanik, who serves as the chair […]
Billionaire John Catsimatidis expresses anger over Zohran Mamdani’s victory
John Catsimatidis, a notable figure in New York City’s supermarket scene, expressed his frustration over Zoran Mamdani’s unexpected election win. Mamdani, identified as a Democratic socialist, has proposed the controversial idea of public grocery stores. In a brief phone conversation on Wednesday, Catsimatidis voiced his discontent with Mamdani’s urban planning decisions, stating, “I don’t say […]
Discover the Unknown Billionaire Supporting U.S. Troops Amid Government Shutdown
Timothy Mellon: A Billionaire with a Low Profile Timothy Mellon stands apart from other billionaires. If he’s not on your radar, that might be because he seldom makes headlines—except for his wedding announcement back in 1963. Unlike many of his wealthy peers who reside in Jackson Hole, his home is in Saratoga, Wyoming, a quaint […]
Mark Zuckerberg falls in billionaire standings after losing $29 billion in one day as Meta shares decline.
Mark Zuckerberg’s Wealth Takes a Hit Good luck, Zack! Mark Zuckerberg has slipped from third to fifth on the Bloomberg Billionaires Index. This decline comes after Meta’s stock dropped by 11% on Thursday, erasing $29.2 billion from his net worth in a single day. The 41-year-old CEO now has a fortune of $235.2 billion, marking […]
Share Your Wealth, Young People. If You’re a Billionaire, What’s the Reason for Your Wealth?
Billie Eilish Calls on Billionaires to Donate Pop artist Billie Eilish recently urged wealthy individuals to contribute to those in need during an awards ceremony that included prominent figures like Mark Zuckerberg. On Wednesday night, while accepting the Wall Street Journal Innovator Award, Eilish took the opportunity to challenge the affluent audience gathered there. “We’re […]
Wealthiest individuals in California may face a ‘Billionaire Tax’ if unions succeed.
California Proposes One-Time 5% Wealth Tax for Wealthy Residents California may impose a one-time 5% tax on the net worth of its richest citizens if a proposed law is successfully passed next year. This initiative, known as the “2026 millionaire tax law,” aims to offset a projected $30 billion reduction in federal funding for California’s […]
Who is Timothy Mellon, the billionaire said to have given $130M to support troops?
A recent report revealed that the anonymous donor who contributed $130 million to help the Pentagon cover military salaries during the government shutdown is billionaire Timothy Mellon, as reported by The New York Times. The 83-year-old, hailing from Saratoga, Wyoming, has a history of financial support for President Trump and various Republican initiatives. During a […]