Eccentric Japanese billionaire earns retweet world record with $92mn giveaway

Japanese billionaire and clothing retail tycoon Yusaku Maezawa has clinched the top spot for most retweeted tweet of all time, using the tried and trusted ‘free cash’ method. The eccentric founder of Zozo Inc., originally a drummer in a punk band, promised to give out 100 million yen ($ 925,000) in cash prizes to a […]

Standing against Soros: Facebook board defends COO Sandberg’s decision to snoop on billionaire

Facebook’s board of directors has defended COO Sheryl Sandberg’s decision to conduct opposition research into liberal billionaire George Soros. Facebook was under intense scrutiny for running a PR campaign against the magnate. Sandberg admitted last week that she ordered staff to conduct research into Soros and his trading of Facebook stock, after he called the […]

Billionaire Marc Benioff celebrates after San Francisco votes for new tax that will take millions from big tech firms to solve the city’s homelessness crisis

Kimberly White / Stringer Proposition C, a measure which will tax San Francisco’s largest companies in order to combat homelessness, passed on Tuesday. Salesforce CEO Marc Benioff has been a vocal proponent of Prop C and hailed the victory in a tweet. Prop C would target Salesforce, which Benioff has estimated will pay between $ […]

The billionaire owner of Leicester City Football Club died in a helicopter crash just outside the stadium

Michael Regan/Getty Images The owner of Leicester City Football Club, an English Premier League soccer team, died after being involved in a helicopter crash just outside of the stadium. The crash occurred at around 8:30 p.m. local time (3:30 p.m. EST) on Saturday. The team confirmed Vichai Srivaddhanaprabha’s death, along with 4 others.  According to […]

Vichai Srivaddhanaprabha: The billionaire behind one of sport's greatest ever stories

The football world has been stunned by the death of Leicester City owner Vichai Srivaddhanaprabha, a man beloved by fans, players and staff at the club – and the force behind one of sport’s greatest ever underdog stories. Srivaddhanaprabha was one of five people killed when his helicopter spun out of control shortly taking off […]

Billionaire investor Steve Case says the failure of the 2000 AOL Time Warner mega merger taught him a crucial lesson about execution

Hollis Johnson/Business Insider Steve Case is the billionaire founding CEO of AOL and the head of Washington, DC-based venture-capital firm Revolution. In 2000, AOL bought Time Warner for $ 165 billion, making it the largest merger in history at the time. Case left in 2005, correctly predicting it was an unsustainable partnership. He said that […]

The Supreme Court dealt a major blow to a billionaire California venture capitalist who bought and closed a beach that had been open to the public

Steve Jennings/Getty Images for TechCrunch The Supreme Court refused to hear a case involving a California billionaire who had been ordered to restore public access to a beach he owns in Northern California.  The property, known to locals as Martins Beach, used to be a popular spot for surfing and fishing.  Sun Microsystems cofounder Vinod […]

How Trump exposed, exploited, and embodied the cult of billionaire ‘big philanthropy’

Oliver Contreras-Pool/Getty Images Author Anand Giridharadas believes elite-led philanthropy fueled the rise of Donald Trump.  In his new book, Giridharadas argues that Trump exposed the hypocrisy of wealthy philanthropists, then used it to beat them at their own game. Giridharadas predicts that Trump may face a powerful reckoning as citizens begin to take charge of their […]

Jeff Bezos could be the first ‘woke’ billionaire philanthropist — but only if he’s willing to help solve the problems he’s created

REUTERS/Abhishek N. Chinnappa Anand Giridharadas, author of Winners Take All, shares his thoughts on Bezos’ latest charity announcement. In light of the recent tech backlash, he said, Bezos has an opportunity to become the first “woke” billionaire philanthropist. To establish a new paradigm of corporate giving, the CEO must be willing to acknowledge his shortcomings. In […]

SpaceX plans to send Japanese billionaire Yusaku Maezawa around the Moon in 2023

Japanese billionaire Yusaku Maezawa has been named as the first tourist who will fly around the Moon using SpaceX’s Big Falcon Rocket (BFR), according to CEO Elon Musk. If all goes as planned the founder of a Japan’s largest online clothing retailer Zozotown hopes to reach the Moon in 2023. To keep himself company during […]