The former two-term mayor of New York City, Michael Bloomberg, has decided to take a stab at the presidential nomination all of a sudden. He has also indicated that he’d probably be willing to spend $1 billion of his own fortune on the campaign. Um, alright?
He’s not 100% sure yet though, and… READ MORE »
This week Bloomberg reported that the 30-year-old granddaughter of In-N-Out Hamburger chain founders, Harry and Esther Snyder, is the youngest female billionaire in the United States. Lynsi Torres, the sole heir and president of the burger chain, is now said to be worth around $1 billion, according to the Bloomberg Billionaire Index.
If… READ MORE »
Australian mining tycoon Gina Rinehart is really concerned about your welfare. That’s why Rinehart — who is considered the richest woman in the world, with an inherited fortune of $30.1 billion — helpfully offered her unsolicited advice on how to be stupid-rich, just like her. She says that the poors are just having too much… READ MORE »
riving in a Rolls Royce, getting a bodyguard, flying on a private plane: These aren’t normally things that New York Times financial reporter Kevin Roose gets to do. But as a guy who writes about billionaires, he wanted a chance to live like one for 24 hours, he explains in a first-person article. It’s a key “paradox” of… READ MORE »