How hedge-fund mogul Tom Steyer is using his checkbook to punish climate-change deniers, persuade Obama to halt the Keystone XL pipeline, and try to save the planet. [more inside]
The Chen Guangbiao Business-Card Generator. Now you can have a card fit for a Chinese billionaire.
Pierre Omidyar announces his Next Adventure in Journalism and plans to ‘free’ independent journalism. Jay Rosen interviewed him.
The billionaire who is trying to go broke. Chuck Feeney is the James Bond of philanthropy. Over the last 30 years he’s crisscrossed the globe conducting a clandestine operation to give away a $7.5 billion fortune derived from hawking cognac, perfume and cigarettes in his empire of duty-free shops.
Revamped visual data on the world's billionaires: Bloomberg Billionaires
Australian billionaire Clive Palmer has commissioned a Chinese shipyard to build Titanic II, a modernized replica of the unsinkable Titanic.
Warren Hellman, billionaire, financier, and sponsor of the best free music festival around, Hardly Strictly Bluegrass, died today in San Francisco. [more inside]
Lynn Tilton: Billionaire1 Industrialist2 and Woman3. Does what it says on the can. [more inside]
"Bill Gates, Melinda Gates, and Warren Buffett are asking the nation's billionaires to pledge ... at least half their net worth to charity, in their lifetimes or at death."
The Gates Notes is Bill Gate's new website containing his writings and ideas. Featuring such things as hist thoughts on why 0% emissions should be our real goal, why the Teaching Company is so great, and our progress on an AIDS vaccine.
Roman Abramovich, the Russian billionaire owner of Chelsea Football Club, has launched his 557-foot yacht, Eclipse.
We had a discussion a couple months ago about VW stock. Betting against VW cost Adolf Merckle hundreds of millions of dollars last year and eventually destroyed his business empire. Yesterday, it cost him his life.
Jay Walker's Library was just profiled by Wired [via], but they failed to mention where many of those books came from. Big players like Maggs, Simon Finch and the Baumans still compose most of the rare book world. (Heritage is gone but Michael Sharp got four of their employees.) They're all excellent places to shop if you're building an Überlibrary, but, if you're Jay Walker, you start with Phillip J. Pirages. [more inside]
There are still some smart people left on Wall St. Hedge fund manager, John Paulson, made a cool $15B for his fund as the housing market imploded. His cut? $3-4B. Not too shabby for a year's worth of work. [more inside]
One man's pocket change is another man's $3 million dollar home. Today, 3 previously homeless families were handed the keys to homes located on one of Hawai'i's priciest streets: Kahala Avenue. Japanese billionaire Genshiro Kawamoto has so far chosen 4 native Hawaiian families to live rent free for up to 10 years, making good on a promise made back in November 2006. Obviously, Kawamoto's motives are suspect, as his record as a landlord has been rather tainted. And his approach to alleviating 4 family's homeless situation doesn't solve any systemic problems or go very far in providing long term solutions to homelessness. But for now, it's a feel-good story, and the start of an interesting sociological experiment...
The Penthouse Wondering what to do with the $70 mil. that Granny left you in her will? You could buy that private tropical island you have had your eye on but that's a 30 hour trip in your private jet. Wouldn't you really be happier here?
"More in that disgusting Kerkorian divorce case: a cost breakdown at The Smoking Gun." -- (Elena Pauline)
Robert Johnson is the first black billionaire, and ranks #172 on the list of richest Americans after he sold BET to Viacom. Does he have a social responsibilty to show more than T&A and comedy on BET, or is he being unfairly singled out?