If you’re the type of person who feels one trillion dollars is too much money for any single human to have, and you feel Elon Musk doesn’t deserve all the money he already has, then I’ve got some bad news for you. Thanks to six companies Musk currently leads – Tesla, SpaceX, X, xAI, The … Read more
Billionaire investor James Simons, the mathematician and Cold War code-breaker who founded one of the world’s most prominent and profitable hedge funds, Renaissance Technologies, has died at 86, his foundation said on Friday. The Simons Foundation did not give a cause of death. Sixty years ago Simons — who preferred to be known as Jim … Read more
Billionaire Kumar Mangalam Birla’s Hindalco Industries Ltd. is considering seeking about $1.2 billion in a planned initial public offering of US aluminum products maker Novelis Inc., people familiar with the matter said, in what could be one of the year’s biggest share sales. Hindalco may target a valuation of about $18 billion for Atlanta-based Novelis, … Read more
