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Finally, a First Look at Musk's Donations to Trump
Finally, a First Look at
Musk's Donations to Trump
THE RUNDOWN
Oct 16, 2024 10:20 AM CDT

Finally, a First Look at Musk's Donations to Trump

X owner gave $75M over last 3 months, per new FEC filing

(Newser) - Elon Musk remains the world's richest man, with a net worth of $241 billion at last peek. But he's pumped tens of millions from that pot into reelection efforts for Donald Trump, showing that Musk "has vaulted into the top ranks of Republican donors," per NBC...

2 Dead in 'Corporate Raid' at Russian Online Giant

Estranged husband of Russia's richest woman charged with murder after Moscow shootout

(Newser) - Tatyana Bakalchuk, Russia's richest woman, says her company was the target of a corporate raid on Wednesday—and she doesn't mean the Gordon Gekko kind. Two people were killed and seven others, including two police officers, were injured in a shootout at the Moscow offices of Wildberries, an...

First Billionaire to Walk in Space: It Wasn't 'Peaceful'

Jared Isaacman describes the 'hard, very threatening environment' on Polaris Dawn mission

(Newser) - "Earth sure looks like a perfect world," billionaire Jared Isaacman proclaimed last week during the first spacewalk ever by a private citizen. But while our planet may have looked perfect, it wasn't exactly a perfect experience for Isaacman and his three Polaris Dawn spacemates. The Shift4 founder...

HP Isn't Halting Lawsuit After Billionaire Dies in Yacht Sinking

Mike Lynch's widow, who survived the accident, could be on the hook for $4B civil fraud complaint

(Newser) - As billionaire Mike Lynch's family continues to grieve his death, and that of six others, after his superyacht Bayesian sank off the coast of Sicily on Aug. 19, they have another ongoing issue to contend with. People reports that Hewlett Packard Enterprise, which had sued Lynch for fraud after...

Tobey Maguire's Ex Is Getting Hitched Again

Jennifer Meyer, 47, is set to wed 33-year-old billionaire heir Geoffrey Ogunlesi

(Newser) - Eight years after her split from Spider-Man actor Tobey Maguire, Jennifer Meyer is ready for another trip down the aisle: The jewelry designer, 47, is engaged to 33-year-old billionaire heir Geoffrey Ogunlesi. "YES!!!" was the short and sweet caption (and apparently her answer) that Meyer included with a...

When It Comes to Wealth, There's No 'Happiness Plateau'

Money does indeed buy happiness, and the more, the better, per new research

(Newser) - "Does money buy happiness?" is one of our most-asked existential questions, and not only does Matt Killingsworth believe the answer is a resounding "yes"—he says the more you have, the happier you may be. According to new research by the senior fellow at UPenn's Wharton...

It May Be the Most Lavish Wedding of the Year

Son of Asia's richest man to tie the knot this month after celeb-studded pre-parties

(Newser) - The youngest son of Asia's richest man is about to tie the knot, and what a party it will be. The Indian union of Anant Ambani—son of Reliance Industries CEO Mukesh Ambani, worth $118 billion—and his longtime girlfriend Radhika Merchant, daughter of pharma tycoon Viren Merchant, is...

Billionaire Charged in Sex Attacks That Span 50 Years

Magna International founder Frank Stronach denies the charges, said to date back to 1977

(Newser) - When Canadian police announced on June 8 that auto parts billionaire Frank Stronach was facing sexual assault charges related to encounters with three women, they issued a plea for other possible victims to come forward. Within hours, one did, CBC News reported Wednesday as Ontario's Peel Regional Police announced...

For This Billionaire, a Rare Apology From the IRS

Agency says it's sorry to hedge fund manager Ken Griffin for tax record leak

(Newser) - When former IRS contractor Charles Littlejohn leaked tax records to the ProPublica media outlet for an article on how affluent Americans tried to keep their taxes low, billionaire Ken Griffin's records were among them. Now, the government agency has issued what CBS News calls a "rare apology" for...

Two-Timing Tycoon Ordered to Pay Ex-Wife $1B in Cash

It's South Korea's largest ever divorce settlement

(Newser) - Divorce can be expensive, especially when you're a billionaire found to have fathered a child with your lover behind the back of your wife of 35 years. Such is the case for Chey Tae-won, chairman of SK Group, South Korea's second-largest conglomerate. A decade after his marriage dissolved,...

Billionaire's Attempt to Hide Portrait Blows Up in Her Face

Vincent Namatjira's portrait of Gina Rinehart might now be destined for Times Square

(Newser) - Australia's richest woman just met the Streisand effect . Unhappy with a portrait of her featured in the National Gallery of Australia, mining billionaire Gina Rinehart sought to have it removed, the Guardian reports. But the portrait is not only staying put, it's now been shared by media around...

This Beatle Is a Billionaire After Beyonce Boost

After Beyonce's cover of 'Blackbird,' Paul McCartney hits a new milestone

(Newser) - It may seem wild that it took this long, but one of the Beatles is finally a billionaire in the UK, and he has Beyonce to (partially) thank. Paul McCartney and his wife, Nancy, have popped up on this year's "Sunday Times Rich List," with a net...

College Grads Receive a Big Gift, With a 'Catch'

UMass Dartmouth students get $1K each from billionaire Robert Hale, but they have to donate half

(Newser) - Students threw their graduation caps into the air at UMass Dartmouth this week, and they were on the receiving end of quite a surprise during what the college calls an "unforgettable ceremony." CBS News reports that Boston Celtics co-owner Robert Hale served as commencement speaker on Thursday, and...

Musk's Bottom Line Takes a Hit From His Tesla Woes

Mark Zuckerberg displaces Tesla CEO from No. 3 spot on Bloomberg Billionaires Index

(Newser) - While much of social media was commenting Thursday on a fake "bearded Mark Zuckerberg" picture , the Facebook co-founder notched a more substantial achievement: displacing Elon Musk on Bloomberg's Billionaires Index . Zuckerberg, 39, is now third on that list, with a net worth of about $178 billion, while the...

Sam Altman Joins a Pretty Exclusive Club

OpenAI CEO is officially a billionaire, according to Forbes

(Newser) - There's a new billionaire in town. Sam Altman, the 38-year-old CEO of the company that created ChatGPT, is now worth at least $1 billion, according to Forbes , putting him at No. 2,747 on the magazine's list of the world's richest people . Though Altman has no equity...

UK Billionaire, Soccer Team Owner Charged in US With Insider Trading
Billionaire Joe Lewis
Won't End Up Behind Bars
UPDATED
Apr 5, 2024 7:21 AM CDT

Billionaire Joe Lewis Won't End Up Behind Bars

Ex-Tottenham Hotspur owner, 87, avoids jail time in insider trading case due to age, declining health

(Newser) - Joe Lewis won't see prison after all. The 87-year-old ex-owner of the Tottenham Hotspur soccer team was sentenced on Thursday for his role in an insider trading case that's said to have made his friends and associates millions, but US District Judge Jessica Clarke went easy on him...

Today's 'Baby' Billionaires Didn't Exactly Earn Their Wealth

For the first time, none of the 30-and-under set on 'Forbes' list of youngest billionaires is self-made

(Newser) - There are nearly 2,800 billionaires in the world, as of last count, and 15 of them are 30 or under—and, for the first time, everyone from that younger set has inherited their wealth. It's part of the advent of what Forbes calls the "great wealth transfer,...

Meet the Man Who Financed Trump's $175M Bond

California auto loan billionaire Don Hankey: 'This is what we do'

(Newser) - A Donald financed the $175 million appeals bond to stay the $464 million judgment in former President Trump's New York civil fraud case, but it wasn't Donald Trump. California billionaire Don Hankey of Knight Specialty Insurance, who made a fortune selling high-interest auto loans to people with poor...

Elon Musk Does Not Like MacKenzie Scott's Billions to Charity

Calls fellow billionaire's charitable giving among the reasons 'that Western Civilization died'

(Newser) - MacKenzie Scott has become a power player in philanthropic circles, donating billions to charity since her split with Amazon founder Jeff Bezos in 2019. That charitable giving, however, has apparently attracted the ire of a fellow billionaire: X owner Elon Musk, who had words for Scott on his social media...

After Meeting With Trump, Elon Musk Clarifies One Thing

X owner was spotted at weekend gathering with Trump, wealthy GOP donors in Florida

(Newser) - After a report surfaced that Donald Trump met with Elon Musk as a potential campaign donor over the weekend, Musk is shooting down the possibility. "Just to be super clear, I am not donating money to either candidate for US President," he tweeted Wednesday.

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