Billion
Chicago’s richest man moves his $22 billion company to Florida for this unexpected reason
Chicago’s richest resident moves to the Sunshine State, taking his money and his company with him. Ken Griffin, a hedge fund manager worth nearly $29 billion, has already moved his family to Florida. And he recently issued a memo to employees that his $22 billion firm, Citadel Securities, would also move its headquarters there. While […]
10 Things People Still Don’t Buy Even After Winning a Billion Dollars
Winning a billion dollars is the dream of most people. With this wealth you can buy anything your heart desires. However, after someone asked what people still wouldn’t buy, Reddit users agreed on these ten things. 1. Mega yacht Someone said he wouldn’t buy a megayacht because he thought it was a waste of money […]
Twitter made $5 billion last year – here’s how…
Twitter has been in the news constantly for the last few months. Elon Musk bought the social media company for about $44 billion, taking it private in a deal surrounded by drama and intrigue. The media covered the takeover and subsequent lawsuits with great zeal. But behind the theatrics, Twitter aims to generate value for […]
The Fed Made a $300 Billion Student Loan Accounting Mistake — and Not in the Taxpayer’s Favor
When your budget is in the trillions of dollars, perhaps $300 billion is a rounding error. But for the bill-paying American taxpayer, losing $300 billion is a big deal. A new study published by the Government Accountability Office (GAO) has revealed a shocking gap between what the federal government predicted the student loan program would […]