Bill Gates

The Divisive Fallacy Of Bubble Fortunes

"The world’s central banks have blown giant bubbles all over the place. That’s where the bulls’ 'fortunes' come from. They are bubble fortunes. It has nothing to do with being smart... there are no investors left to begin with, because you can’t be an investor if there are no functioning markets, and for a market to function you need price discovery. Which is exactly what central banks have killed."

Norway’s Big Fish Story

The greatest consequences of Nordic socialism are how it instills a lack of courage and imagination when facing global problems. For such a system to work, people must be mostly compliant and amicable. Currently, Norway can manage the economic shift by drawing from The Fund but I would hope that they want to do more than just get by. It is obvious that betting on fish is a bad idea.

Salt, Wampum, Benjamins - Is Bitcoin Next?

"The U.S., E.U., Japan, China and Great Brittan have devalued their currencies significantly over the past ten years. The recent success of cryptocurrencies is a meaningful sign that central banker actions have not gone unnoticed by the users of traditional currencies."

Bezos Falls To 3rd Spot Among World's Richest

How fast the fortunes of the world's richest shift: just two weeks ago, when AMZN hit its all time high on July 27, its CEO Jeff Bezos briefly surpassed Bill Gates as the world's richest man for the first time ever, Just two weeks later, Bezos has dropped to 3rd spot after the recent market rout wiped out nearly $10 billion of his net worth.

Who's The Richest Person In Your State?

The United States is known to have many millionaires and billionaires. But, it turns out that not all states are equal when it comes to the rich and powerful.

Visualizing The Richest People In Human History (Part 1)

When we think of wealth today, we often think of the massive personal fortunes of business magnates like Bill Gates, Jeff Bezos, or Warren Buffett. However, it is only since the Industrial Revolution that measuring wealth by one’s bank account has been a norm for the world’s richest.

Bezos Back To Second Richest After AMZN Slides On Earnings Miss, Soft Guidance

Jeff Bezos enjoyed the title of world's richest man for several hours, before he had to relinquish it back to Bill Gates after AMZN stock dumped after hours when the company reported Q2 net income of $197 million, or $0.40 per diluted share, down from $857 million, or $1.78 in Q2 2016, while AWS profit posted a rare miss.