Billionaires

Billionaires are funding a massive treasure hunt in Greenland as ice vanishes

Billionaires are funding a massive treasure hunt in Greenland as ice vanishes

A band of billionaires, including Jeff Bezos, Michael Bloomberg and Bill Gates, among others, is betting that below the surface of the hills and valleys on Greenland’s Disko Island and Nuussuaq Peninsula there are enough critical minerals to power hundreds of millions of electric vehicles. “We are looking for a deposit that will be the …

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Who is Errol Musk? What we know about Elon’s dad

Who is Errol Musk? What we know about Elon’s dad

Move over, Elon — there’s another Musk hitting the headlines. Errol Musk, the family’s patriarch, is in the news after confirming he fathered a second secret love child with his stepdaughter, Jana Bezuidenhout, 35. The 76-year-old is most notable for being Elon’s estranged father, with the pair famously falling out several years ago. Elon, 51, …

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Tech billionaires and media moguls will descend upon Sun Valley, Idaho this week

Tech billionaires and media moguls will descend upon Sun Valley, Idaho this week

Welcome back, readers. Jordan Parker Erb here, taking you inside the annual “summer camp for billionaires,” and sharing the latest position in tech: “Director of Vibes.” Ready? Let’s get started. If this was forwarded to you, sign up here. Download Insider’s app here. Kevin Dietsch/Getty Images 1. “Summer camp for billionaires” begins today. Some of …

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When Private Jets Ferry Billionaires to Small-Town Idaho

When Private Jets Ferry Billionaires to Small-Town Idaho

HAILEY, Idaho — Robert Kraft, the owner of the New England Patriots, flies in a Gulfstream G650. So do Jeff Bezos and Dan Schulman, PayPal’s chief executive. The jets, roughly 470 of which are in operation, retail for about $75 million each. Most days, those planes are spread out, ferrying captains of industry to meetings …

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'Mysterious' company sued to expose billionaire’s Twitter critic. It didn't go well.

‘Mysterious’ company sued to expose billionaire’s Twitter critic. It didn’t go well.

Law firms Related documents (Reuters) – A company with “mysterious” origins and a “vague” business model tried to use the Digital Millennium Copyright Act to force Twitter to disclose the identity of an anonymous user who criticized private-equity billionaire Brian Sheth. That strategy backfired in quite spectacular fashion on Tuesday: A San Francisco federal judge …

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The Billionaires Behind a Push to Reinvigorate U.S. Chip-Making

The Billionaires Behind a Push to Reinvigorate U.S. Chip-Making

Amid the debate about how the United States can bring more manufacturing of semiconductors back to the country and worries it has become a national security concern, a surprising group of well-connected billionaires has quietly assembled to influence the way Washington approaches this thorny challenge. Over the past several months, without attracting much notice, Eric …

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