Billionaires
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Billionaire Jim Simons’ Last Interview: The Hedge Fund Legend On The Universe, Making Money And Giving It Away
Simons, who died Friday at age 86, spoke at the Forbes 400 Summit on Philanthropy last September in his final public appearance.
Taylor Swift’s Eras Tour Lands In Europe—Here’s How It Could Boost Local Economies And Drive Inflation
Taylor Swift’s 18-city European leg of her Eras tour may spur economic uplift in host cities—with the potential for inflation.
Why Trump’s Most Valuable Towers Would Be So Hard To Sell
Two anonymous office buildings have provided Donald Trump with massive windfalls in the past. Here’s why he shouldn’t count on them for cash now.
Billionaire-Backed Cancer Researcher Claire Mazumdar Finds Entrepreneurial Niche
Mazumdar runs Boston-based Bicara Therapeutics, which is developing a novel, dual-action drug to treat head and neck cancers.
Chinese Investments, Jobs Help Its Appeal In Europe: Forbes Serbia
Ties between Beijing and Belgrade were boosted by a visit from Chinese President Xi Jinping to Siberia this week.
How Crypto Giant Tether’s New CEO Is Remaking The Company For The Apocalypse
With $111 billion in assets and $6 billion in profits, shadowy stablecoin merchant Tether has emerged as crypto’s most profitable company. Now it's restructuring, moving into bitcoin mining, AI and education.
Nepalese Billionaire, Tata Group To Expand Hotel Footprint Across India, Himalayas
Nepalese billionaire Binod Chaudhary and Tata Group plan to expand their hotel portfolio across the Indian subcontinent and Himalayas amid a travel boom..
Elon Musk’s Artificial Intelligence Startup xAI Reportedly Nears $18 Billion Valuation With Fresh Funding As AI Race Heats Up
The funding would provide Musk’s venture, which is behind the Grok AI chatbot, a welcome boost in its efforts to catch up to AI rivals like OpenAI, Google and Anthropic.
These Are The Worst (And Best) Cities For Low-Income Homebuyers—As Prices Keep Rising
Detroit and Minneapolis lead the way for new mortgages issued for low-income buyers, while Miami and Los Angeles have the lowest.
How Latin America's Richest Billionaires Made Their Money
Much is up in the air in Latin America: Mexico may see its first-ever female president, the Argentine peso is collapsing amid the country's highest inflation in three decades and Brazil's new president continues to wrestle with a deeply polarized political environment. But one thing is certain: billionaires in the region are booming, both getting richer on average and adding new members to their ranks. The average Latin American billionaire?s net worth rose by 23% on this years World's Billionaires list, which also welcomed 21 new faces from the region, compared to just 1 last year. In all, Forbes found 110 members in Latin America, worth a combined $530 billion, up from $413 billion in 2023.