wealth Archive

cancerMicrosoft Co-Founder Paul Allen died from cancer at 65

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Microsoft Co-Founder Paul Allen died from complications of non-Hodgkin’s lymphoma on Monday afternoon. Allen’s Vulcan Inc. announced that he died in Seattle at 65 years old. Paul Allen has previously donated $500+ million to brain research $1 billion to Artificial …

technologyWealth investment app targets rich Singaporeans

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A Ping An Group spinoff has launched an online platform aimed at wealthy Singaporean clients. China’s largest companies are developing business in Southeast Asian and other international markets using cutting-edge technology. Leading Chinese wealth management group Shanghai Lujiazui International Financial …

japanYusaku Maezawa is the Billionaire who will flyaround the moon- Nextbigfuture had him favored

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Nextbigfuture wrote two days ago that its favorite pick of Japanese Billionaries was Yusaku Maezawa. SpaceX just announced he was the one who would be the SpaceX BFR tourist who will fly around the moon. Lasting about a week, the …

japanSpaceX Moon Orbit Tourist might be one of these Japanese Billionaires

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On Monday, there will be an announcement from SpaceX of moon orbiting tourist. The word is that the tourist is from Japan. The cost of the flight will probably be over $150 million. UPDATE: The Japanese billionaire was announced as …

amazonRichest man in the world has launched a $2 billion fund to help the homeless

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Amazon CEO Jeff Bezos, richest man in the world, and his wife have launched a $2 billion fund to help the homeless. They will create a network of nonprofit preschools in low-income communities. Jeff Bezos ($164 billion) has a higher …

asiaWorld population is now half middle class or richer

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There are 3.7 billion people in the global middle class ($11-110 per day in PPP). This is 48% of the world’s population. An additional 190 million (2.5%) are richer than global middle class. The world population is 7.65 billion. The …

carTesla is staying public at this time

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Most of Tesla’s existing shareholders believe Tesla is better off as a public company. Elon Musk is leaving Tesla as a private company for now. Given the feedback I’ve received, it’s apparent that most of Tesla’s existing shareholders believe we …

citiesChina’s Casino City Macau will have highest per capita GDP in 2020

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The IMF’s World Economic Outlook Update predicts Macau will behave the world’s highest per capita GDP of US$143,116 in 2020. Qatar will be second with US$139,151. Qatar has a population of 2.5 million. Macau has a population of 650,000. Macau …

elon muskElon Musk going from two public companies in 2016 to none

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Elon Musk Tesla and Solarcity were both publicly trading from 2012 to 2016. Tesla went public June 29, 2010. Solarcity went public Dec 12, 2012. Solarcity was bought by Tesla in a $2.6 billion all-stock transaction Nov 21, 2016. Elon …

electric carsElon Musk has funding to take Tesla Private at $420 per share

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Elon Musk has tweeted that he has the funding to take Tesla private at $420 per share. A shareholder vote would be needed to approve it. This would be about a $72 billion valuation. Elon has 33.7 million shares of …