Billionaires

Simons, who died Friday at age 86, spoke at the Forbes 400 Summit on Philanthropy last September in his final public appearance.

Value investors worship Warren Buffett. But his amazing investment success stems as much from his astute understanding of consumer behavior as it does from his ability to ferret out financial bargains.

The funding would provide Musk’s venture, which is behind the Grok AI chatbot, a welcome boost in its efforts to catch up to AI rivals like OpenAI, Google and Anthropic.

The charitable trifecta — juggernauts of medical funding and philanthropy — warned money and attention for global health problems is drying up around the world and that the world’s poorest will bear the brunt of the challenges to come.

With support from American Express’ longtime CEO Ken Chenault, the founder of fintech Bilt Rewards has become a billionaire creating a membership rewards program for house and apartment renters across the country.

After jostling for the position of second-wealthiest person in the world more than a dozen times in March, Musk and Bezos are competing closely once again.

Just ten cities are home to nearly a quarter of the world’s billionaires. Here’s where they choose to live.

By organizing challenges and pre-screening small nonprofits, Lever for Change has helped a handful of billionaires shift some giving towards global grassroots organizations.

Tesla could start selling its humanoid Optimus robot by the end of next year and one day will rake in more cash from robots than cars, CEO Elon Musk told investors on Tuesday, another ambitious claim from the billionaire that experts said might just be within the realm of possibility—though is highly unlikely to make the carmaker any money in the near future.

The fifth richest man in Australia is taking leave from the company he co-founded in 2002. Scott Farquhar announced his last day as Atlassian co-CEO will be August 31. The NASDAQ-traded company is valued at $78 billion.