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The Billionaire Sackler Family Allegedly Explored How To Profit From People Addicted To OxyContin
The Sackler family is the billionaire clan that owns Purdue Pharma, maker of the highly-addictive opioid painkiller OxyContin. They are accused of aggressively pushing the drug to doctors to increase their profit while also misrepresenting the addictive nature of the drug.
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Cybersecurity Brothers Join Billionaire Club
It seems not a day goes by without a data breach or malware attack and that has been good for Ken and Michael Xie, the brothers who founded the cybersecurity firm Fortinet Inc., nearly 20 years ago. Now, their stakes in the company have made them billionaires.
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Billionaire Steve Cohen Slashes The Price Of His NYC Apartment Again, This Time To $45 Million
Cohen first dropped the price of the duplex to $98 million by the end of 2013, going on to cut the price at least five more times.
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Mark Zuckerberg Says His Hungarian Sheepdog Beast Was His "Secret Weapon" In $19 Billion WhatsApp Acquisition
Beast is a social media darling, and if you've seen photos of the dog, it isn't hard to imagine that he might convince someone to join up with Facebook.
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David Rockefeller Estate Makes Record $200 Million Donation To New York's MoMA
Part of the $200 million donation was financed by the Christie's auction of Rockefeller's famous art collection, which took place toward the end of last last year.
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One Billionaire Brother's Loss Is The Other Billionaire Brother's Gain
Mukesh and Anil Ambani are billionaire brothers. Just two years apart, they grew up being groomed to take over the company their father built, Reliance Industries. But Mukash is driving Anil's telecom business into bankruptcy.
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Warren Buffett And His Best Friend/Business Partner Charlie Munger Haven't Ever Had A Fight
Warren Buffett and Charlie Munger have been friends since 1959. They've worked together since 1978. Buffett and Munger have never had even one argument in their more than 40 years working together and 60 years of friendship.
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Richard Branson Says He Intends To Go To Space By July
Naturally, it's on one of Virgin Galactic's own rockets that Branson plans to take this trip: SpaceShipTwo, a rocket ship that as its name suggests requires two pilots to operate.
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Mark Zuckerberg's Parents Offered Him A McDonald's Franchise Instead Of Going To Harvard
Can you imagine a world without Facebook? Zuckerberg's sister Randi revealed that their father offered them the option of going to college or being given the money to invest in a franchise and run it.
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Saudi Anti-Corruption Campaign Recovered More than $100 Billion
Crown Prince Mohammed Bin Salman led an anti-corruption campaign that began in November 2017 and saw many high-ranking government officials, royal family members, and prominent businessmen arrested. Was it a shakedown all along?
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Billionaire Investor Jeremy Grantham Pledges $1 Billion To Fight Climate Change
The pledge comes as Grantham and his wife Hanne are already donating roughly $30 million a year to eight large nonprofit organizations involved in environmental activism.
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The 12 Most Philanthropic Tech Billionaires
Philanthropy is a big part of the lives of some of the world's richest people and thank goodness that's the case! In fact, of the top 50 philanthropists of 2017, according to the Chronicle of Philanthropy, 60% of them came from the tech industry.
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Hush Hush: The New Online Store That Wants To Be "Amazon For Billionaires"
Hush Hush wants to be "Amazon for billionaires," and to that end, it offers items for sale like a $51 million yacht,and a cornucopia of other six-, seven-, and eight-figure items.
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World's Richest Man Jeff Bezos Devotes Less than 1% Of $136 Billion Fortune To Philanthropy
The world's richest man, Jeff Bezos, gives hardly any money at all to charity. Why? What gives? What could possibly be his reasoning for hoarding $136 billion?
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Billionaire Ken Griffin Purchases The Most Expensive Home In US At $238 Million
Technically, Griffin bought the 220 Central Park South penthouse back in 2015, but it's taken this long for the deal to be finalized and for him to take possession of the house.