Tag: Billionaire

Donald Trump’s first wife Ivana dies aged 73

  NEW YORK, United States (AFP) — Ivana Trump — Donald Trump’s first wife and mother of his three eldest children — died on Thursday at the age of 73, the former president announced. Ivana Trump “passed away at her home in New York City,” Donald Trump wrote on his social media platform Truth Social. He did not provide a cause of death but the New York Times reported that law enforcement officials were investigating […]

Empire State of Mind: Jay-Z becomes hip-hop’s first billionaire

NEW YORK, United States (AFP) — Jay-Z is officially hip hop’s first billionaire, Forbes declared Monday, founding his kingdom on entertainment but also reaping earnings from liquor, art and real estate. The rapper born Shawn Carter, who grew up in one of Brooklyn’s most notorious housing projects, “has accumulated a fortune that conservatively totals $1 billion, making him one of only a handful of entertainers to become a billionaire — and the first hip-hop artist […]

Bezos sells $1 bn in Amazon stock yearly to pay for rocket firm

WASHINGTON, United States (AFP) — Billionaire entrepreneur Jeff Bezos said he is selling $1 billion in stock of his retail giant Amazon each year to finance his rocket company, Blue Origin, which aims to carry tourists to space by 2018. Speaking Wednesday at the 33rd Space Symposium in Colorado Springs, Colorado, Bezos vowed to lower the cost of space travel and start taking customers to space by next year. The entrepreneur did not say how […]

Bill Gates is still richest in the world: Forbes

QUEZON City, Philippines (Eagle News) — Microsoft co-founder, Bill Gates, has topped the list of Top Ten Billionaires in the World. According to the Forbes Magazine,  Bill Gates bested all the other people in the world with his estimated wealth of $86 billion. This is the fourth time Gates topped the list. Also included in the Top 10 of the list are Facebook founder Mark Zuckerberg, and  Warren Buffet of Berkshire Hathaway. US President Donald Trump, a […]

Bill Gates again world’s richest man; Trump slips

by John BIERS Agence France Presse NEW YORK, United States (AFP) — Microsoft co-founder Bill Gates once again topped the Forbes magazine list of the world’s more than 2,000 billionaires, while US President Donald Trump slipped more than 200 spots, the magazine said Monday. Gates, whose wealth is estimated at $86 billion, led the list for the fourth straight year, and has been ranked as the richest person in the world for 18 of the […]

Billionaire Warren Buffett invests in 3 big US airlines

NEW YORK, United States (AFP) — Billionaire investor Warren Buffett has taken stakes in three large US airlines, in a $1.3 billion bet that marks a sharp U-turn of his antagonistic views on the sector. Buffett’s Berkshire Hathaway Inc. invested $797 million in American Airlines, $249 million in Delta Air Lines and $237 million in United Continental Holdings, according to a regulatory filing reviewed Monday by AFP. Berkshire Hathaway also took a stake in Southwest […]