Billionaires
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Lululemon’s Cancelled Founder Scores Billions With Finnish Athleisure Venture
Five years ago, billionaire Chip Wilson bet big on Amer Sports, the parent company of such brands as Arc’teryx, Salomon and Wilson. His stake has since ballooned in value–and is on the verge of eclipsing the worth of his Lululemon shares.
Billionaire Mike Ashley Hits Boohoo With Allegation Of Undisclosed Payments To Cofounder’s Son
Mike Ashley has launched another broadside against Boohoo, alleging that the retailer is paying $2.5 million each year in undisclosed fees to its cofounder’s son.
Can The U.K. AI Action Plan Turn The Economy Around?
A week after the launch of the launch of the U.K.’s AI Opportunities Action Plan (with 50 action points), more details are being released regarding the implementation of the initiative.
Inside A Real Estate Billionaire’s Fight To Revive His Aging Empire
New York billionaire Charles Cohen took over his family's real estate firm and kept expanding. Now he’s battling multiple foreclosures and working to save his fortune.
Trump’s Crypto Assets Are Nonsense. The Cash They Throw Off Is Very Real
Liquidity concerns loomed over Donald Trump while he was out of office. Thanks to an inaugural weekend unlike any other, those worries are now gone.
Billionaire CEO Says Nubank May Shift Domicile To The U.K. And Expand Into U.S. Market
Nubank has sent it clearest signal yet that the fintech giant is laying the groundwork to shift its legal base to the U.K., as it prepares to expand into more overseas markets.
Here’s Who’s Paid Homage To Trump At Mar-A-Lago Since His Election
Billionaires, foreign leaders, Cabinet picks, governors and lawmakers have converged on the president-elect’s Palm Beach estate.
Airbnb Billionaire, Who Backed The Biden-Harris Ticket, Says He Actually Voted For Trump
Once a supporter of Joe Biden, Hillary Clinton and Kamala Harris, Joe Gebbia insists he’s now all in on MAGA and RFK, Jr.
All The President’s Neighbors: Here Are The Billionaires & Celebrities Who Live Near Mar-A-Lago
At the dawn of Trump 2.0, Palm Beach is once again the center of America’s political universe. Here’s a look at the rock stars, politicians and business bigwigs who are neighbors of the 45th—and 47th—president.
Why Musk's SpaceX Has Grown Bigger, Faster And Cheaper Than Bezos' Blue Origin
While Jeff Bezos has spent $14 billion to achieve his first space launch, his billionaire rival has built a thriving business, mostly with other people’s money.