Devon Pendleton
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Michael Dell Joins $100 Billion Club As AI-Driven Shares Surge
Dell’s shares jumped 32% to a record high, boosting its founder’s net worth by $13.7 billion to $104.3 billion. Dell now ranks as the 12th-richest person in the world, according to the Bloomberg Billionaires Index.
- Saturday March 2, 2024
- Author: Vernal Galpotthawela, Devon Pendleton
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Mukesh Ambani Jumps 9 Places To Become World's 5th Richest
Mukesh Ambani overtook Steve Ballmer to become the fifth-wealthiest person on the planet, with a net worth of $77.4 billion.
- Friday December 8, 2023
- Author: Devon Pendleton, Bloomberg
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World's Richest Lose $117 Billion In One-Day Market Meltdown
Amazon.com Inc. founder Jeff Bezos declined the most, shedding $3.4 billion as shares of the online retailer tumbled.
- Friday December 8, 2023
- Author: Devon Pendleton, Bloomberg
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Election Results Awaited, But Zuckerberg, Bezos Have Already Gained Big
Across the board,167 U.S. billionaires gained $57.4 billion on Wednesday as investors bid up stocks, sending major averages to the biggest rallies in five months.
- Thursday December 7, 2023
- Author: Sophie Alexander, Tom Maloney and Devon Pendleton, Bloomberg
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Bill Gates No Longer The Second Richest. See Who Replaced Him
LVMH, Bernard Arnault's luxury-goods maker, advanced to a record Tuesday and pushed his net worth to $107.6 billion
- Thursday December 7, 2023
- Author: Ben Stupples and Devon Pendleton, Bloomberg
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World's Richest 500 Lost $331 Billion In A Day In Record Market Dive
The world's 500 richest people collectively lost $331 billion on Thursday, the biggest one-day drop in the eight-year history of the Bloomberg Billionaires Index.
- Thursday December 7, 2023
- Author: Devon Pendleton, Bloomberg
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Mohamed Al Fayed, Tycoon Who Clashed With Royals, Dies at 94
Mohamed Al Fayed, the Egyptian businessman who began his career selling drinks on the streets of Alexandria and amassed a fortune that included some of Britain’s most storied assets, has died. He was 94.
- Saturday September 2, 2023
- Author: Devon Pendleton
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Mohamed Al Fayed, Tycoon Who Clashed With Royals, Dies at 94
Mohamed Al Fayed, the Egyptian businessman who began his career selling drinks on the streets of Alexandria and amassed a fortune that included some of Britain’s most storied assets, has died. He was 94.
- Saturday September 2, 2023
- Author: Devon Pendleton
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Michael Jordan Is the Richest Basketball Player Ever With $3.5 Billion Fortune
The hall-of-fame player became the league’s first Black team owner in 2010 when he bought a majority stake in the Hornets, then called the Bobcats.
- Friday August 25, 2023
- Author: Amanda Albright, Devon Pendleton
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Michael Jordan Is the Richest Basketball Player Ever With $3.5 Billion Fortune
The hall-of-fame player became the league’s first Black team owner in 2010 when he bought a majority stake in the Hornets, then called the Bobcats.
- Friday August 25, 2023
- Author: Amanda Albright, Devon Pendleton
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Tesla CFO Kirkhorn Exits With $590 Million Fortune
Turns out managing the finances for the main asset of the world’s richest person can be a lucrative gig.
- Wednesday August 9, 2023
- Author: Devon Pendleton
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Carl Icahn’s Wealth Falls $2.7 Billion As Dividend Cut Batters Shares
Icahn, 87, partially blamed Hindenburg for his company’s lackluster second-quarter results.
- Saturday August 5, 2023
- Author: Devon Pendleton
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Carl Icahn’s Wealth Falls $2.7 Billion As Dividend Cut Batters Shares
Icahn, 87, partially blamed Hindenburg for his company’s lackluster second-quarter results.
- Saturday August 5, 2023
- Author: Devon Pendleton
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Moderna Billionaire Set to Score 3,000% Gain on Tiny Biotech
Noubar Afeyan just added to his fortune after another one of his long-shot bets quintupled in value.
- Friday June 30, 2023
- Author: Devon Pendleton
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Zuckerberg’s Fortune Jumps $10 Billion On Meta Sales Rebound
Mark Zuckerberg’s wealth soared by more than $10 billion on Thursday, his third-biggest jump on record, after Meta Platforms Inc. surprised investors with robust first-quarter sales.
- Friday April 28, 2023
- Author: Devon Pendleton