Bill Gates is the second richest person in the world and Forbes estimates his net worth to be $108.8 billion. However, he says his extreme wealth is not fair.In a blog post reflecting on how the previ...
Warren Buffett’s Berkshire announced on Friday that it had sold some it shares in some of the largest banks in the U.S., including JPMorgan Chase & Co., Wells Fargo & Co, and also exited its...
Buffett's Bold Move: Berkshire Boosts Stake in Occidental Amid Financial GrowthWarren Buffett’s Berkshire Hathaway purchased an additional 8 million shares of Occidental Petroleum (OXY) in...
In the world today, there are currently 2,604 billionaires and a good number of them are from the U.S. compared to 1916 when there was only one global billionaire—John D. Rockefeller. Becoming ...
Following the credit card company, Mastercard’s revelation on Monday, Feb. 24, 2020, that the deadly coronavirus outbreak could have an effect on its revenue for the 2020 fiscal year, its shares f...
In March, former American Express CEO Kenneth Chenault announced his departure from Facebook’s board. On the same day, Chenault made his announcement, Berkshire Hathaway disclosed the nomination of ...
The Brooklyn boy is now unreachable by other musicians; he is the first billionaire rapper and now the first artist to give up on the race for the Top 10 black billionaires.Even though it has b...
The term ‘average return’ refers to a mathematical average of a series of return gotten over a given period of time. An average return can be calculated like a simple average return wherein, a set...
Warren Buffett’s Berkshire Hathaway recently sold its stake at Occidental Petroleum (OXY) in the second quarter. This was revealed in a regulatory filing on Friday.The filing also revealed that Buff...
On Friday, Barry Diller, chairman of Expedia and digital group IAC announced that his companies will stop providing long-term earnings forecasts. In his words, “guidance is a bad business. Were out....