The world’s billionaires grew richer than ever in 2025, charity Oxfam said on Monday, warning of “highly dangerous” political consequences as elites gather at the World Economic Forum in Davos. It sai...
Billionaire wealth surged at three times its recent pace last year to reach its highest level on record, deepening economic and political divides that threaten democratic stability, anti-poverty gr...
The Swiss resort town of Davos hosts the World Economic Forum each January, bringing together politicians, policymakers, and business executives. Christian Hartmann/Reuters Nearly 400 wealthy individu...
Nicola Peltz Beckham and her husband, Brooklyn Beckham. Allen Berezovsky/Getty Images Nicola Peltz Beckham is the daughter of billionaire businessman Nelson Peltz. She married David and Victoria Beckh...
AI czar David Sacks Alex Brandon/AP White House AI czar David Sacks criticized the possibility of a California wealth tax. If the tax is ultimately approved, he said it will be "the beginning of s...
Economists and technologists say AI hype obscures displacement, infrastructure costs, and uneven gains....
Good relations with the US commander-in-chief are more than a nice-to-have...
This is an excerpt of Sources by Alex Heath , a newsletter about AI and the tech industry, syndicated just for The Verge subscribers once a week. Elon Musk first sued OpenAI in February 2024. Despite ...
Google cofounder Larry Page reportedly purchased property in South Florida. EMMANUEL DUNAND/AFP/GettyImages Google cofounder Larry Page bought property in Florida amid California's proposed billionair...
Nelson Peltz, right, and Claudia Heffner Peltz, center, with three of their eight children in 2008. The pair have been married since 1985. Michael Loccisano/Getty Images Billionaire investor Nelson Pe...
UK prime minister says xAI will restrict the image generator as billionaire pledges to follow laws in all markets...
Will the tech billionaire attempt a takeover of an airliner out of spite? Here’s the background on Musk’s latest beef, and what it’s really all about....
The South Africa-born tech billionaire made his debut at the world's top political and economic summit in the Swiss Alps, telling the World Economic Forum that robots will outnumber people and AI will...
Luisa Zhou's parents taught her the importance of working hard. Courtesy of Luisa Zhou Luisa Zhou's immigrant parents taught her to work hard and seek security. She ran out of paid time off after help...
Scott Ellis is a millionaire who supports higher taxes for the wealthy, including himself. Courtesy of Scott Ellis Scott Ellis is a Silicon Valley millionaire who supports California's proposed wealth...
Joe Buglewicz for BI Business Insider took a deep-dive look at the bankruptcy auction of an armor-plated Mercedes. The auction was entirely online, and people placed 115 bids without kicking the tires...
Four Chinese groups are racing to build global satellite communications infrastructure to challenge the considerable head start made by US tech billionaire Elon Musk’s Starlink. The two leaders for Ch...
Billionaire’s firm plans portfolio to profit from rising and falling prices, following sharp sell-off in digital assets sector...
Tear gas fills the air in Minneapolis after federal agents shot and killed Alex Pretti on Saturday morning. Star Tribune via Getty Images/Star Tribune via Getty Images Federal immigration officers sho...
In 2021, when Beijing finally pledged to stop building and financing new coal power plants overseas, Western governments and climate advocates rejoiced. John Kerry, US climate envoy at the time, said ...