Investing

The small group of people worth a dozen digits has hit a record high, just as Elon Musk approaches trillionaire territory.

OnlyFans has been a money-printing machine for its secretive billionaire owner Leonid Radvinsky. Investors were puzzled by an obscure debt fund’s pitch to buy him out, until they learned of his terminal cancer diagnosis.

A proposed bill would bar members of Congress, the president and other executive branch officials from trading on political events.

Backed by Jeff Bezos, Danny Meyer and other savvy investors, Matias Muchnick’s NotCo has created alternatives for Coca-Cola, Kraft Heinz, Ferrero and more food giants. And the appetite for change is only growing.

Bezos is reportedly in talks with investors in the Middle East and Singapore to raise the funds.

Amjad Masad’s Replit allows users to work together like they’re doodling on a white board. It also made him a billionaire along the way.

An Israeli startup let its AI loose in advanced cyber games. It did better than 125,000 humans.

After a rough stretch, investment firm AQR is on a 5-year hot streak thanks to a new AI infused investing strategy and strong tax-friendly returns, beloved by financial advisors.

More than 700 million litres of fuel has been released from Australia’s stockpile, in order to get petrol and diesel into the hands and vehicles of rural customers. Here’s how long our reserves can last.

From roommates to decacorn founders: Harvey’s Pereyra on Specter and law’s AI-driven future