wealth Archive

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 …

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 …

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 …

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 …

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 …

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 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 …