Stripe processed $200 billion in local payments over the last decade. That’s less than 7% of the payments opportunity that will be on the table in Australia by 2029, according to industry research. Billionaire Collison has his eyes set firmly on a bigger prize: growing the GDP of the internet.
The artificial intelligence firm was valued around $80 billion at the start of the year.
OnlyFans was a little-known U.K.-based company before porn entrepreneur Leonid Radvinsky bought it in 2018. Now he’s a new member of The Forbes 400.
The funds will also advance Cartherics to target stem cell therapy programs for pancreatic, gastric, liver, kidney, and prostate cancers.
Out of office, the former president has transformed his fortune, converting a real-estate empire into a political profit machine.
When being a billionaire just isn’t enough.
Ideally, which launched in 2023 to transform marketing and campaign management with real-time consumer insights, has raised $5.5 million to fuel its US expansion.
Qatar Airways has agreed to acquire a 25% stake in Virgin Australia, positioning the Australian airline to re-enter long-haul international routes. The deal awaits regulatory approval from the Foreign Investment Review Board.
Fidelity has repeatedly cut the value of its stake in the social media firm since Musk’s acquisition.
As data mining firm Palantir’s shares continue to climb, Thiel is cashing out. He’s not the only Palantir insider doing so.