Microsoft co-founder Bill Gates and billionaire philanthropist Bill Gates said on Thursday that he plans to invest "virtually all my wealth," around $100 billion, in the Gates Foundation, but with the condition that the foundation spend its entire fund in the next 20 years, and then shut down."During the...
Berkshire Hathaway Inc. shares fell over 6% on Monday as the market reacted to Warren Buffett's unexpected retirement announcement, forcing investors to contemplate the company's future direction following his historic 60-year leadership tenure.Buffett, waited until the final moments of...
The board of Berkshire Hathaway voted unanimously to approve 62-year-old Greg Abel as the company's next president and CEO, while current chief executive Warren Buffett will stay on as the chairman, CNBC's Becky Quick reported on Monday, citing sources familiar with the vote.Abel, who...
Over half of Americans disapprove of the way billionaire Elon Musk is handling his job in the administration of United States President Donald Trump, a recent ABC News/Washington Post/Ipsos poll showed.According to the survey, 57% of the respondents disapprove of his performance, while 35%...
Billionaire and head of United States Government of Government Efficiency (DOGE), Elon Musk, clarified he is not quitting his government role.
"Not stepping down, just reducing time allocation now that DOGE is established," he wrote in a post on X.
The statement came after Tesla Inc.'s earnings...
Billionaire Elon Musk said on Saturday that he plans to visit India after holding a phone call with Indian Prime Minister Narendra Modi. "It was an honor to speak with PM Modi. I am looking forward to visiting India later this year," Musk wrote in a post on X.The day before, Modi revealed that he and...
Billionaire entrepreneur Elon Musk's space industry leader SpaceX and two partners have reportedly become leading contenders to secure a significant role in US President Donald Trump's "Golden Dome" defense initiative.The aerospace corporation is joining forces with data analytics firm Palantir and...
Billionaire and Pershing Square Capital Management CEO Bill Ackman called on United States President Donald Trump on Sunday to pause the 145% tariff on Chinese goods for 90 days and lower it to 10% during this period, just as he did for other countries."The benefit of waiting 90 days is two fold....
Warner Bros. Discovery, Inc. (WBD) announced on Friday that billionaire investor John Malone (pictured) will not seek re-election to the company's board of directors and will transition to the role of chair emeritus at the company after his term expires at the 2025 Annual Meeting of Stockholders on June...
American billionaire investor Leon Cooperman called the Trump administration's tariffs a "mistake" in an interview for CNBC on Monday. He predicted they will impact the economy in the long term, resulting in more inflation and less growth. "You can't correct 30 years of economic mismanagement...
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