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The Finance Zone
The Finance Zone
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_donald-trump-just-made-a-big-move-whoa.webp "The Finance Zone")
_breaking-kari-lake-just-shocked-the-world.webp "The Finance Zone")
_amazon-warehouse-bargains.webp "Amazon Warehouse products have a wide range of imperfections, but that leads to some often wildly discounted prices.")
_you-won39t-believe-what-just-happened-to-joe-biden.webp "The Finance Zone")
_jay-z-oprah-and-the-worlds-richest-celebrity-billionaires-of-2024.webp "In October 2023, Taylor Swift accomplished a feat no other musician had before: she became a billionaire primarily off of earnings from her music and performances. Three months later, Forbes named television tycoon Dick Wolf a billionaire, too, thanks to his estimated $1.9 billion (pretax) career earnings from producing shows like Law & Order and FBI.<br/><br/>The two entertainers bring even more star power to the Forbes World’s Billionaires list, which has seen an explosion in celebrity billionaires in recent years. Ten of the 14 A-listers on the ranking have become billionaires in the past four years, spurred by entertainers capitalizing on their brand and fame.<br/><br/>Most on this list have made their billions from their own entrepreneurship and ventures outside of their claim to fame. Pop star Rihanna, for example, built her fortune mainly from her stake in two billion-dollar companies, makeup brand Fenty Beauty, a joint venture with luxury giant LVMH, and lingerie maker Savage X Fenty. Jay-Z became hip hop's first billionaire thanks to two alcohol companies, D’Usse Cognac and Armand de Brignac Champagne. He sold a 50% stake in the latter to LVMH, and he also has stakes in Uber and Block, among other investments. Michael Jordan earned less than $100 million from his basketball career, but pocketed big bucks from Nike. Jordan had his biggest score in August, when he sold his majority stake in the Charlotte Hornets at a sky-high $3 billion valuation.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/devinseanmartin/2024/04/02/the-worlds-celebrity-billionaires-2024-taylor-swift-kim-kardashian-oprah/?sh=32680c87276b<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
_just-in-donald-trump-issues-warning-to-america.webp "The Finance Zone")
_you-won39t-believe-what-just-happened-to-bill-clinton.webp "The Finance Zone")
_how-china39s-richest-billionaires-made-their-money-in-2024.webp "As China’s stock market goes, so goes its billionaire population. And last year was not a good year for many Chinese stocks. As a result, the number of mainland Chinese billionaires on Forbes’ World’s Billionaires list fell for the third consecutive year. A total of 406 Chinese billionaires made the ranking, down from 495 a year ago and a record 626 in 2021. Continued fallout from the pandemic and geopolitical tension drove down stock prices and hurt economic growth in the world’s second largest economy. A deepening slump in the country’s property market also diminished fortunes.<br/><br/>Still, mainland China has the second largest number of billionaires globally, behind only the U.S., which has 813 billionaires this year.<br/><br/>Mainland China doesn’t include passport holders from Hong Kong or Macau, whom Forbes lists separately. Counting those billionaires, greater China has 473 members, down from 562 in 2023, 607 in 2022 and 698 in 2021.<br/><br/>The Forbes World’s Billionaires list is a snapshot of wealth using stock prices and exchange rates from March 8, 2024. Some people become richer or poorer within days of publication. We list individuals rather than multigenerational families who share fortunes, though we include wealth belonging to a billionaire’s spouse and children in certain cases, namely if that person is the founder of the fortune. For Russian billionaires, fortunes were calculated using ownership structures from February 2022, prior to Russia’s invasion of Ukraine and before many made transfers of assets to managers, friends and others in an effort to protect their holdings from sanctions. We value a variety of assets, including private companies, real estate, art and more. We don’t pretend to know each billionaire’s private balance sheet (though some provide it). When documentation isn’t supplied or available, we discount fortunes. For daily updates of net worths, go to forbes.com/real-time-billionaires.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/russellflannery/2024/04/02/the-10-richest-chinese-billionaires-2024/?sh=7eb8b36d6b40<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneu")
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