Meta Platforms Inc. META CEO Mark Zuckerberg, the world's fourth-richest person, received a salary of just $1 in 2023, but his total compensation amounted to…
The world's richest people are on a constant lookout for ventures that are reshaping the world, and they're usually going for startups before they go public. If investors get in on the early stages of companies, they can have more influence and boost their value by drawing media attention to them. Investing in early-to-mid-stage startups that eventually reach an initial public offering (IPO) or are acquired by a bigger company tends to reel in returns that most investors don't see in their entir
America's billionaires have had a great year from a financial standpoint. The top 20 people on Forbes' 2023 richest list have added $310 billion to their fortunes. Together, they have a combined wealth of $1.9 trillion, a 30% increase from a year ago. To give a sense of how significant their growth is, these 20 people now hold 40% of the total wealth of the entire Forbes 400 list. Among the top 20, Nvidia Corp. CEO Jensen Huang stands out. His company, which has made big strides in artificial in
Billionaires like to shape how people live, from the cars they drive to the phones they use. Many billionaires are also turning their attention to how long people live, by investing in a number of biotech startup companies and research groups. Amazon.com Inc. Founder Jeff Bezos holds investments in Altos Labs, an anti-aging science startup. Altos Labs is developing drugs that can reverse or slow the aging process and counts Oracle Corp. Co-Founder Larry Ellison and science and technology entrepr