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Let’s put centibillionaires in perspective
During our podcast this weekend, I was stunned by the realization that the four richest people in the world have a combined net worth of more than $1 trillion. As of today, according to the Forbes list of the world’s real time billionaires, those four Americans (Elon Musk: $460.4 billion; Larry Ellison: $248.4 billion; Larry…
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Let’s put billionaire penalties in perspective
So, a big billionaire-owned corporate giant is paying out a penalty for ripping off consumers. According to the CJ: Amazon customers who are eligible to receive a portion of the company’s $2.5 billion settlement with the Federal Trade Commission have started receiving payments. In the first of two waves of payouts, Amazon began issuing automatic payments to some customers beginning…
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Billionaire donations: Really? That’s all they’re giving?
I guess we’re supposed to be impressed by this (from Louisville Business First): For the second year in a row, media titan Michael Bloomberg was the nation’s largest philanthropic donor. That’s according to a data analysis by The Chronicle of Philanthropy, which found America’s top 50 donors gave away $16.2 billion last year through various foundations and…
