wealth
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Rep. Alexandria Ocasio-Cortez made her first Met Gala appearance on Monday, using the opportunity to feature a taxation-related message on her white gown by Brother Vellies. The New York Democrat, who earlier this week slammed Joe Manchin for his “weird” and “patronizing” decision to dismissively refer to her as “young lady,” had the phrase “tax the rich” […]
Apple CEO Tim Cook cashed in on $750 million this week, as he marked 10 years in the role. According to an SEC filing, Cook acquired more than 5 million shares of Apple stock as part of the compensation package he received when he took over Steve Jobs’ role as chief executive a decade ago. CNN Business reports […]
Rihanna is now a billionaire, according to a new report, making her the second-wealthiest woman entertainer. Indeed, as Forbes’ Madeline Berg reported early Wednesday, Rihanna “is now worth $1.7 billion.” The majority of the Anti artist’s fortune is due to the value of her wildly successful Fenty Beauty brand, which launched in 2017. Per the […]
Lil Uzi Vert made headlines this year when he unveiled an 11-carat natural pink diamond he had implanted into his forehead. The images immediately created a stir across social media, but the situation became even more absurd after it was reported Uzi had bought the stone for a whopping $24 million—a detail that has led Boosie Badazz to question Uzi’s decision-making […]
Bill and Melinda Gates’ impending divorce has generated a lot of questions and speculation on how the split will affect their estimated $130 billion net worth. Although it’s unclear exactly how the couple intends to divide their assets, it appears the separation will have little to no impact on their children’s inheritance—mostly because they were never expected […]
Among other reports and revelations that have come out of her split from Bill Gates, we’ve now learned that Melinda Gates first started consulting with divorce lawyers in 2019, according to the Wall Street Journal. A former employee for the Melinda & Bill Gates Foundation told the outlet that at least part of her decision was related to her husband’s relationship […]
While the push for an ever-expanding approach to modern space exploration has arguably been kept in the mainstream in recent years thanks in large part to Elon Musk’s SpaceX projects, many have remained skeptical of Musk—also known for Tesla, The Boring Company, Neuralink, and his support of bitcoin—due to capitalism’s proven societal shortcomings. Over the weekend, […]
On Monday, several Democrats, headlined by Senators Elizabeth Warren, as well as reps Pramila Jayapal (Washington) and Brendan Boyle (Pennsylvania), and co-sponsored by Bernie Sanders, proposed a new tax that would take 3 percent annually on wealth that surpasses $1 billion, in addition to a 2 percent tax of households and trusts with wealth valued between $50 million and […]
Elon Musk surpassed Jeff Bezos as the wealthiest person in the world for the first time on Thursday. “How strange,” Musk tweeted about the news. “Well, back to work.” Per CNN, a 5% rise in Tesla shares early Thursday increased Musk’s net worth by approximately $9.3 billion, bringing his total to about $190 billion. Bezos’ net worth currently sits […]
Whole Foods CEO John Mackey faced criticism over comments he made about healthcare in America. In an interview on Freakonomics Radio, Mackey told host Stephen Dubner that Americans don’t need healthcare, they just need better diets and exercise routines, CNBC reported. *Crowd Boos* “I mean, honestly, we talk about health care. The best solution is not to need […]
