Billionairs – Page 5 – THE OVAL CIRCLE

Russia

Not the typical student budget: Son of Azeri-Russian billionaire lost $50 million playing London stock market while at university

Posted on December 9, 2020December 9, 2020By Editor

The son of a Russian tycoon has claimed that millions of dollars alleged to have been fraudulently hidden from his mother were actually lost investing in stocks, all while he was studying at the London School of Economics. … Read More >Not the typical student budget: Son of Azeri-Russian billionaire lost $50 million playing London stock market while at university

USA

The Trump Tax Reform Helped the Billionaire Class—Not the Working Class

Posted on October 25, 2020October 25, 2020By Editor

The Republican tax law boosted the fortunes of America’s wealthiest while increasing insecurity for U.S. manufacturing workers. … Read More >The Trump Tax Reform Helped the Billionaire Class—Not the Working Class

USA

Media Outlets Owned by Billionaires Very Quick to Tell Readers Taxing the Rich Is Bad Idea

Posted on October 25, 2020October 25, 2020By Editor

A wealth tax as modest as some Democrats are proposing would affect precious few Americans, but still generate trillions of dollars of revenue from people who have largely been increasing their fortunes throughout the pandemic. … Read More >Media Outlets Owned by Billionaires Very Quick to Tell Readers Taxing the Rich Is Bad Idea

Chinese billionaires boost their fortunes at record pace despite coronavirus crisis

Posted on October 22, 2020October 22, 2020By Editor

Covid-19 has not stopped China’s super-rich from making more money. Thanks to booming share prices and new stock listings, they now own a combined fortune of $4 trillion – a sum greater than the economy of Germany. … Read More >Chinese billionaires boost their fortunes at record pace despite coronavirus crisis

Billionaires’ wealth tops $10.2 TRILLION as millions struggle amid pandemic

Posted on October 8, 2020October 8, 2020By Editor

A new report by UBS and PwC reveals that the world’s super-rich “did extremely well” during the coronavirus crisis this year, increasing their already-huge fortunes by more than a quarter. … Read More >Billionaires’ wealth tops $10.2 TRILLION as millions struggle amid pandemic

US billionaires’ wealth soars by $565 BILLION during pandemic while millions lose jobs

Posted on June 5, 2020June 5, 2020By Editor

More than 42 million people in the US have filed for unemployment since the start of the Covid-19 crisis. Data shows that, over those same 11 weeks, the nation’s billionaire wealth has risen by more than half a trillion dollars. … Read More >US billionaires’ wealth soars by $565 BILLION during pandemic while millions lose jobs

USA

Billionaires Are the Biggest Threat to Public Schools

Posted on May 16, 2020May 16, 2020By Editor

For education “disruptors” like Bill Gates and Betsy DeVos, COVID-19 isn’t a crisis—it’s an opportunity. … Read More >Billionaires Are the Biggest Threat to Public Schools

Bernard Arnault or Louis XVI? Keiser Report looks at how a billionaire gets peasant’s money to sell trinkets to other billionaires

Posted on February 27, 2020February 27, 2020By Editor

All the money printed by central banks is going directly to billionaires, say Max Keiser and Stacy Herbert of the Keiser Report, and French luxury brand owner Bernard Arnault is just the latest example. … Read More >Bernard Arnault or Louis XVI? Keiser Report looks at how a billionaire gets peasant’s money to sell trinkets to other billionaires