Chamath Palihapitiya says billionaires should stop being so sensitive

Chamath Palihapitiya says billionaires should stop being so sensitive 1

Chamath Palihapitiya Heidi Gutman | web Billionaires should be glad about their luck and stop being so sensitive to public criticism and name-calling by politicians, tech billionaire Chamath Palihapitiya stated Wednesday. In a heated billionaire-versus-billionaire debate with former hedge fund supervisor Leon Cooperman, Palihapitiya stated that being demonized or labeled “out of touch” is a small […]

Elizabeth Warren blew support from billionaires

Elizabeth Warren blew support from billionaires 4

web’s Jim Cramer stated on Tuesday that Sen. Elizabeth Warren missed her likelihood to court docket ultra-wealthy voters who could have naturally supported her 2020 presidential run. “She’s scared people, and that’s why I think people are flocking to other candidates,” Cramer stated, referring to Warren’s bank-bashing and wealth-taxing proposals. The Massachusetts Democrat, who has […]

US billionaires could lose tens of billions under Democratic tax plans

US billionaires could lose tens of billions under Democratic tax plans 5

Source: taxjusticenow.org Jeff Bezos out $107 billion. Warren Buffett quick $77 billion. That’s how a lot the online value of every man would have been lower because the 1980s if Sen. Bernie Sanders’ tax coverage had been adopted on the time, in keeping with two University of California economists who examine the rising focus of […]

Bernie Sanders Blasts ‘Arrogance Of Billionaires’ As Bloomberg Floats Candidacy

Bernie Sanders Blasts 'Arrogance Of Billionaires' As Bloomberg Floats Candidacy 8

Democratic presidential candidate Sen. Bernie Sanders (I-Vt.) spoke out in opposition to former New York City Mayor Michael Bloomberg’s consideration of a 2020 bid, chalking it as much as “the arrogance of billionaires.” While campaigning in Iowa on Saturday, Sanders instructed ABC News that Bloomberg’s plan to skip campaigning (if he enters the race) in early […]

‘Inner city’ does not hate billionaires

'Inner city' does not hate billionaires 10

John Hope Bryant speaks on the 2017 Andrew Young International Leadership awards and 85th Birthday tribute at Philips Arena on June 3, 2017 in Atlanta, Georgia. Prince Williams | FilmMagic | Getty Images Being a billionaire businessman and philanthropist must be seen as a constructive, not a detrimental, if Mike Bloomberg had been to resolve […]

Wealth of billionaires falls for 1st time since 2015 as uncertainty hits the super-wealthy

Wealth of billionaires falls for 1st time since 2015 as uncertainty hits the super-wealthy 11

The world’s richest individuals grew to become rather less properly off final yr, in line with a report by UBS and PricewaterhouseCoopers (PwC), as geopolitical turmoil and unstable fairness markets diminished the wealth of billionaires for the first time since 2015. Billionaires’ wealth fell by 4.three per cent globally to $8.5 trillion US final yr, the […]

Billionaire’s wife claims she can use n-word because she knows Alicia Keys

Billionaire's wife claims she can use n-word because she knows Alicia Keys 12

The wife of a billionaire hedge funder claims she’s not racist for utilizing the n-word because she’s pals with Alicia Keys. Lisa Falcone, the wife of beleaguered hedge funder Philip Falcone, instructed her former private chef she wasn’t racist after utilizing the n-word — and mentioned he may ask her black good friend Alicia Keys […]

AOC mocks JPMorgan boss Jamie Dimon’s concern about ‘harsh’ criticism: ‘Billionaires are asking for a safe space’

AOC mocks JPMorgan boss Jamie Dimon's concern about 'harsh' criticism: 'Billionaires are asking for a safe space' 13

Rep. Alexandria Ocasio-Cortez, D-N.Y., mentioned Wednesday that billionaires are trying for a “safe space” from criticism after JPMorgan Chase CEO Jamie Dimon mentioned Sen. Elizabeth Warren’s rhetoric “vilifies successful people.” “Y’all, the billionaires are asking for a safe space – you know, in addition to the entire US economy and political lobbying industry,” Ocasio-Cortez tweeted in […]

‘Stop treating billionaires as criminals’

'Stop treating billionaires as criminals' 15

Billionaire investor Leon Cooperman slammed Democratic presidential candidates Elizabeth Warren and Bernie Sanders on their proposals to place an extra tax on the richest Americans. “Stop portraying billionaires as criminals,” Cooperman mentioned on CNBC on Wednesday, the morning after Warren and Sanders within the newest Democratic debate forged themselves as the hardliners on tacking wealth […]

Billionaires could face up to 97.5 percent tax rates under Sanders’ plan: economists

Billionaires could face up to 97.5 percent tax rates under Sanders’ plan: economists 16

Two economists on the University of California, Berkeley declare that billionaires could face a 97.5 percent common efficient tax price under Sen. Bernie Sanders’ plan, which might simply thump different Democrats working for president in 2020. Emmanuel Saez, one of many professors, informed Bloomberg that “with the wealth tax, you get straight on the inventory […]