Billionaires - Live News America

Why Liverpool are a billionaire’s dream investment

What is the appeal of owning a Premier League football club like Liverpool? To those with the funds and ambition to even contemplate a deal that is likely to cost at least £4 billion, the answer is incredibly simple. Who wouldn’t want to invest in a global sporting brand that is regarded as recession-proof and … Read more

American billionaires spent a record $880 million on the U.S. midterm elections

George Soros, chairman of Soros Fund Management Nelson Ching | Bloomberg | Getty Images America’s billionaires spent a record $880 million on the U.S. midterm elections so far, with most of their spending favoring Republicans, according to a new report. Billionaire spending is up 44% over the 2018 midterms, and is expected to approach $1 … Read more

Taxpayers stump up $65 million more for billionaires’ development vision

Nine months later in the May 2022-23 budget, Development WA, the state’s own property development agency, predicted the site remediation would actually cost $59.7 million. The government flagged an $8.5 million increase in the December 2021 mid-year review, and $9.2 million in the May budget. But $12.2 million in cost increases remain unacknowledged by the … Read more

Tiger Woods joins Michael Jordan, LeBron James as athlete billionaires, per Forbes

Tiger Woods is already in rare air for his accomplishments on the golf course, but he has reached yet another impressive feat. Forbes is now estimating that Woods’ net worth is at least $1 billion, which would make him one of only three athlete billionaires in the world. Woods joins Michael Jordan and LeBron James … Read more

The Billionaires Behind a Push to Reinvigorate U.S. Chip-Making

Amid the debate about how the United States can bring more manufacturing of semiconductors back to the country and worries it has become a national security concern, a surprising group of well-connected billionaires has quietly assembled to influence the way Washington approaches this thorny challenge. Over the past several months, without attracting much notice, Eric … Read more

Billionaires Beg Joe Biden to Loosen Rules for Foreign H-1B Visa Workers

A coalition of multinational corporations and the United States Chamber of Commerce is begging President Joe Biden’s administration to loosen rules for foreign H-1B visa workers to pack the labor market with more foreign workers. In a letter to Biden’s Department of Homeland Security (DHS) Secretary Alejandro Mayorkas, the corporate coalition requests the administration allow … Read more

More tax for country’s 14 billionaires ‘inevitable’

The number of billionaires in New Zealand has risen to 14, including individuals and families, who collectively hold wealth of $36.8 billion, according to NBR’s latest Rich List. The richest of them, Graham Hart has wealth of $12b. The newest arrivals to the billionaire club are Sir Peter Jackson and Dame Fran Walsh thanks to … Read more

Billionaires Adani, Ambani at a turning point in their rivalry in India

Going into the pandemic, the Indian tycoon to watch was Mukesh Ambani. Coming out of it, all eyes are on Gautam Adani. Adani, the world’s sixth-richest person, has added almost $30 billion to his wealth this year, more than any other billionaire. His net worth of $106 billion is only … Read more