Virgin Galactic wouldn't confirm or deny rumors that Branson was racing to beat Bezos - until now. Both suborbital flights are set for July.
Thiel paid just $1,700 for 1.7 million shares of PayPal within his Roth IRA account in 1999, the report said.
Virgin Galactic did not deny the rumor that Branson is trying to launch by July 4, and one expert says the timeline is "very doable."
Income taxes: 37%. Capital gains: 20%. ProPublica found billionaires avoid those by borrowing from banks at interest rates of less than 10%.
LVMH Chairman Bernard Arnault, the luxury-goods tycoon, unseated him. The billionaires are separated by a few million dollars on Bloomberg's index.
NBC aired an uncritical portrayal of the billionaire CEO Elon Musk during his Saturday Night Live appearance.
In 2019, Tesla CEO Elon Musk described the technology Luminar was developing for self-driving cars as "doomed."
Warren wants a wealth tax. Billionaire Cooperman has repeatedly criticized her proposal. Now she's invited him to testify at a Senate Finance hearing.
"We're going to come out of the pandemic another degree of more unequal," Chuck Collins, director of the Program on Inequality at IPS, said.
Forbes' 35th billionaires list knocked Kylie Jenner from its ranks of youngest billionaires and put 18-year-old Kevin David Lehmann in the top spot.
"When the facts come out, my sense is the Bill Hwang blow up will be the most spectacular personal loss of wealth in history," Novogratz said.
Biden has signed his $1.9 trillion stimulus plan into law. Two-thirds of this could be funded by billionaires' pandemic profits, the ATF and IPS said.
Deon Graham's website, City Never Sleeps, sought to help Black people navigate nightlife in the early 2000s. Then, Diddy called to make a deal.
He lost the top spot "after China's regulators reined in Ant Group and Alibaba on anti-trust issues," the Hurun Global Rich List said.
Loeb's comments were made in response to a blog post by Chris Dixon, a general partner at venture capital firm Andreessen Horowitz.
The drop was fueled partly by Musk tweeting over the weekend that bitcoin and Ethereum prices seemed high.
Deon Graham, 35, is the chief brand officer at Combs Enterprises. He oversees the marketing strategy for everything associated with its namesake founder, Diddy. He told Insider about his rise, spurred from a nightlife website he founded in the early 2000s. Visit the Business section of Insider for more stories. […]