Kanye West posted a picture with Elon Musk that went viral on Wednesday. It’s Musk’s latest, of many, efforts to look cool. Paradoxically, Elon Musk will never be cool until he accepts that he isn’t. Kanye West just posted a picture with Tesla CEO Elon Musk. In a vacuum, there’s nothing wrong with the photo.…
Robert Kraft is still dealing with the so-called “prostitution parlor” case. Prosecutors are taking his case to the appellate court. While New England Patriot fans feel sorry for him, it’s perhaps time to reconsider that stance. Robert Kraft could be going back to court. Prosecutors in the prostitution case against the New England Patriots owner…
The pro-mass immigration Koch brothers’ network of billionaire, donor class organizations is begging President Trump not to reduce foreign worker competition against the roughly 30 million Americans who remain unemployed. In a letter to White House advisers Jared Kushner and Larry Kudlow, the Koch-funded Americans for Prosperity (AFP) and LIBRE Initiative ask Trump not to…
Billionaire trader Bill Ackman revealed that Pershing Square sold its entire stake in Warren Buffett’s Berkshire Hathaway. Buffett has had a terrible year, and Ackman’s move is yet another sign that the veteran tycoon may be well past his best. Berkshire Hathaway has underperformed the stock market by a comfortable margin, and Buffett’s last three…
Billionaire investors have warned that the stock market is overvalued. A majority of investors believe the next big market move will be down. A second wave of coronavirus cases and stock overvaluation could cause a market crash. A few days ago, billionaire investors warned that the U.S. stock market could crash as stocks are overvalued.…
“Hell is coming.” Billionaire Wall Street hedge fund manager Bill Ackman made $2.75 billion betting against markets in February. Then he went on CNBC to stoke markets’ coronavirus fears. He gave a hell, fire and brimstone declamation that drove his bets home. Looking over the timeline, what Ackman did isn’t as bad as it sounds…
Kylie Jenner and other celebrities preach to their followers to stay at home from their multi-million-dollar estates. Celebrities have been urging followers to self-isolate to stop the spread of Covid-19. They say now is not the time for “social interaction.” The world is currently facing a crisis, the likes of which we have never seen…
Stocks continue to plunge at the fastest rate in history. But smart investors are looking for discounted assets among all the panic. Billionaire Mark Cuban is buying the S&P 500 on every down day right now. The U.S. stock market took another brutal dive on Wednesday, but one billionaire isn’t fazed. As panic consumes Wall…
The official coronavirus death toll in China is a little over 800. But an exiled Chinese businessman says crematoriums are leaking the real figure. A billionaire whistleblower alleges Wuhan has crematoriums working 24/7. He claims they’ve cremated some 50,000 coronavirus victims. Guo Wengui is a Chinese billionaire living in exile in the United States. The…
Democrat presidential candidates Michael Bloomberg and Tom Steyer spent a combined $340 million in the final quarter of 2019, according to Federal Election Commission (FEC) data released on Friday. Both billionaire candidates far outspent their Democrat rivals, according to the FEC. Former New York City Mayor Bloomberg, whose campaign is almost entirely self-funded, spent more…
