Despite reports to the contrary, @Forbes still ranks @elonmusk as the richest person in the world. But @larryellison is nearly $100B richer this AM and nipping at Musk's heels. It's not just Oracle's soaring stock Ellison has to thank reports @_pheebini:
https://t.co/6Ny2XMxgfr
Legendary fashion designer Giorgio Armani died today at age 91. The billionaire fashion icon was worth an estimated $12.1 billion at the time of his death, thanks to his 99.9% stake in his fashion house. Read about his incredible career here @Forbes:
https://t.co/3qoAAf59zI
First Hawley (who doesn’t own stock) explains why this bill is so important.
“86% of Americans say members of Congress should not be able to buy and sell shares of stock.”
“We’ve seen the former speaker of the house make millions of dollars of profits.”
“We’ve seen members of both parties, I’m sad to say, be investigated for their stock trades.”
“And the reason for all of this is, that quite frankly, members of this body are privy to information that the normal person just is not.”
Mark Walter is entering agreement to purchase majority ownership of the Lakers from the Buss family for a valuation of approximately $10 billion, the largest sale of a professional sports franchise in the world, sources tell ESPN.
$10 billion.
An empty lot neighboring two of $AMZN founder Jeff Bezos' properties just sold for a record-setting amount, providing a handsome return for the seller, a German developer. Read for more about the deal, from @giacomotognini and me for @Forbes:
https://t.co/mIbRPLorHq
From @bradlander campaign:
While escorting a defendant out of immigration court at 26 Federal Plaza, Brad was taken by masked agents and detained by ICE. This is still developing and we are monitoring the situation closely.
This @Forbes list celebrates the entrepreneurial success of women across industries--from cars to cosmetics to Chardonnay and beyond. Newcomers this year include @selenagomez , Color Wow founder Gail Federici, women's soccer team owner Michele Kang. #self-made women #Forbes
The 10th anniversary of Forbes’ list marked another record year for these queens of capitalism, with a 20% jump in billionaires and the highest ever minimum net worth. Full story: https://t.co/xsBNo6gnKo #SelfMadeWomen (Photos: Levon Biss for Forbes)
New from me: #Wondermind, a mental health startup cofounded by singer, actor and business mogul #SelenaGomez, is in the midst of a crisis after apparently running out of cash and failing to pay its employees, vendors and freelancers starting in late March.
https://t.co/9CflVLyO6C
Nearly a quarter of the world's more than 3,000 #billionaires live in one of just 10 cities, per Forbes new list of the world's wealthiest. here are the 10, via @GennaContino
https://t.co/us7YNOqLsR
This is A+ philanthropy:
Find a field neglected by other funders (nursing ed) that has broad benefits (economic mobility & health outcomes), identify the constraint (shortage of faculty and lab space), do strong due diligence, fund it at scale, and give while living.
1/ Hours after his announcement at a press conference with Donald Trump at Mar-a-Lago, where he promised to invest $20 billion into U.S. data centers, I spoke with Dubai real estate billionaire Hussain Sajwani about his plans and his friendship with Trump.
https://t.co/rTn0kBzUrS
Scoop from @Forbes one more #Trump nominee with #billionaire ties. Forbes now counts a dozen nominees who are billionaires, married to a billionaire or married into a billionaire family.
New from me for @Forbes:
A little known fact about Paul Atkins, Trump’s selection to lead the Securities and Exchange Commission: He's married to a billionaire and sits on the board of a multi-billion dollar private company.
https://t.co/5dztW73r0Q
A former billionaire & his educational nonprofit hold stakes in Yield10 Bioscience, which just went bankrupt. @giacomotognini of @forbes has done outstanding deep-dive reporting this year on Jack Schuler & his Schuler Education Foundation