Entrepreneurship

New York City Mayor Zohran Mamdani pushed back on Wednesday after Amazon.com Inc. (NASDAQ:AMZN) founder Jeff Bezos said that even doubling the taxes he pays would not help "that teacher in Queens," escalating a debate over wealth, public spending and how the city should fund basic services. Mamdani...

Billionaire investor Ray Dalio said the painful investing mistakes he made early in his career ultimately helped build Bridgewater Associates into the world's largest hedge fund. Speaking at Long Island University's commencement ceremony last week, Dalio reflected on how a major wrong market call...

The Bezos family has donated $100 million to Robin Hood, a major New York-based anti-poverty nonprofit, to establish the Jackie Bezos Endowment for Early Childhood. The endowment will support education and early childhood development programs, an area also prioritized by New York City Mayor Zohran...

Chamath Palihapitiya may be looked to as a source of investment advice and thoughts on overall sectors, like his take on the software sector. The investor and podcaster also has previously shared advice for people conducting job interviews. During a 2024 episode of the All-In Podcast, Palihapitiya...

Former White House communications director turned SkyBridge Capital, Anthony Scaramucci, is opening up about how growing up in a financially stressed household shaped his childhood, emotional well-being and lifelong philosophy toward wealth. Anthony Scaramucci Connects Childhood Trauma To Financial...

Billionaire investor Ken Griffin intensified his criticism of Zohran Mamdani, saying New York is becoming less welcoming to businesses and wealthy investors as tensions grow over the mayor's proposed tax policies. Speaking at the Milken Institute Global Conference on Wednesday, Griffin said Citadel...

Shivon Zilis, partner of Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk, shed light on her role on the board of OpenAI and the potential funneling of information to Musk. On Wednesday, Zilis was interrogated about her possible role in passing information to Musk while serving on OpenAI’s...

A surge in AI-driven technology stocks reshaped global billionaire rankings in April, pushing Google co-founder Larry Page into the $300 billion club while keeping Elon Musk at the top of the world's richest list, according to Forbes’ compilation as of 12 a.m. EST on Friday. April was a...

Kit Huffman did not look like a future agency founder when her side hustle began. During a college gap year in 2020, she worked full-time at a ski resort in Jackson Hole, Wyoming, while writing casual LinkedIn posts on the side for coaches and solo business owners. According to a first-hand...

Jensen Huang, CEO of Nvidia Corp. (NASDAQ:NVDA), urged people to move to California despite the state’s high taxes on Thursday, a stance that contrasts with the recent exodus of billionaires from the state. Huang Swims Against the Billionaire Tide “I say to everybody, ‘Move to...

Julia Holden did not set out to become a founder. She was a sleep-deprived new mom in New Jersey, trying to solve a problem at home after noticing her newborn son fell asleep faster when his eyes were gently covered. When she could not find a product she liked, she built one herself. Enter Sleepy...

Warren Buffett said he would buy "a whole lot" of Apple Inc. (NASDAQ:AAPL) stock if prices decline, signaling continued confidence in the iPhone maker even after Berkshire Hathaway (NYSE:BRK) (NYSE:BRK) cashed out roughly $100 billion worth of shares last year. On Tuesday, the former CEO of...

A bike ride to the local dump gave Kirk McKinney more than a weird teenage memory. It gave him a side hustle. After finding a pair of working speakers and selling abandoned items online, McKinney started seeing junk not as trash, but as inventory. That idea became Junk Teens, the Massachusetts...

Larry Fink, CEO of BlackRock (NYSE:BLK) — the fund manager that oversees $14 trillion in assets — in an interview with the BBC this week, said something unusual to hear from Wall Street: that American society made a mistake by idolizing careers in finance and law, while quietly looking down on...

Steve Jobs once said trying to see 10 years into the future was a poor way to run a fast-moving technology company, arguing that long-range plans often turn blurry and rigid before they can be useful. Jobs Favored Shorter Planning Horizons In a 2001 interview with Japan's NHK that aired shortly...