The virus pandemic has been lining the pockets of healthcare billionaires as they see a sudden spike in the stock prices of companies developing outbreak-related solutions, said Forbes. This surge made one person a billionaire while increasing the riches...
A report by the Institute for Policy Studies revealed how the richest people in America have seen a wealth surge by $280 billion in just 23 days, despite pandemic.
Between March 18 and April 23, the combined wealth of America’s...
CI Financial, a diversified wealth management firm based in Toronto, announced Tuesday it is set to acquire a strategic interest in the RIA and sub-advisory firm, The Cabana Group.
In a press release, the Toronto-based company said that the transaction...
Singer-actress Britney Spears is being hailed as a “comrade” after sharing a photo in Instagram calling for the redistribution of wealth amid the government’s call for self-isolation and social distancing, according to a report by The Guardian. Her post...
In an unprecedented landmark agreement, United States senators and the Trump administration via the White House have come to an agreement regarding the $2.2 trillion emergency stimulus package on Wednesday, March 25, 2020. The deal aims to provide immediate...
Social media platform Twitter donated a total of $1 million to two organizations, Committee to Protect Journalists and International Women’s Media Foundation.
The move helps to disseminate responsible journalism and news amid the flu pandemic happening these days. The reporting...
Billionaire and Alibaba co-founder Jack Ma announced his plans to donate one million protective face masks and 500,000 coronavirus testing kits to the United States, reports Reuters. The announcement was reportedly made last Friday, March 13, 2020, at the...
Research cited by Independent Online recently revealed that only 0.01% or 3,500 individuals hold around 15% of the total fortunes in South Africa. The report also shows that the wealth disparity in the country did not decline even after...
Deutsche Bank, a global financial service provider headquartered in Frankfurt, announced Friday it has entered into a partnership with Munich-based fintech startup QPLIX.
In a press release, the banking and investment company described the deal to be a cooperation between...
Amid the Covid-2019 outbreak, numerous businesses are struggling to remain afloat, particularly in the Seattle area. Following the massive pandemic, Amazon has created a relief fund of $5 million upon approval from its executives.
Filed under the Neighborhood Small Relief...
