• Saudi Arabia is reportedly trying to get the Kingdom's billionaires to buy stock in Aramco's mega-IPO

    4 days ago - By Business Insider

    Saudi Arabia is trying to get the country's wealthiest citizens to buy stock in Aramco's upcoming IPO, according to Bloomberg .
    The group reportedly includes the likes of the billionaire Olayan family, which is considering the purchase of several hundred million dollars of stock.
    Aramco's IPO is expected to be the biggest in history, with Saudi officials seeking a valuation of $2 trillion, although bank estimates have come in lower.
    The oil giant is due to go public on December 11.
    View Business Insider's homepage for more stories .
    Saudi Arabia is trying to get the country's wealthiest...
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  • Tech billionaires' net worth has skyrocketed, and it looks like they'll only get richer

    Tech billionaires' net worth has skyrocketed, and it looks like they'll only get richer

    5 days ago - By Business Insider

    Tech billionaires are leading the ultra-wealthy in growing their fortunes, according to a UBS report titled " The Billionaire Effect " released on Friday.
    The Swiss bank found tech tycoons' wealth grew 3.4% or $1.3 trillion in 2018, and the number of tech billionaires nearly doubled from 76 to 148 in five years.
    Billionaires have become a key policy issue in the US as Sen. Elizabeth Warren and other Democratic presidential candidates have proposed wealth taxes.
    View Business Insider's homepage for more stories.
    Tech billionaires are leading the ultra-wealthy in growing their fortunes...
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  • Tech billionaires' net worth has skyrocketed, and it looks like they'll only get richer

    Tech billionaires' net worth has skyrocketed, and it looks like they'll only get richer

    5 days ago - By Business Insider

    Tech billionaires are leading the ultra-wealthy in growing their fortunes, according to a UBS report titled " The Billionaire Effect " released on Friday.
    The Swiss bank found tech tycoons' wealth grew 3.4% or $1.3 trillion in 2018, and the number of tech billionaires nearly doubled from 76 to 148 in five years.
    Billionaires have become a key policy issue in the US as Sen. Elizabeth Warren and other Democratic presidential candidates have proposed wealth taxes.
    View Business Insider's homepage for more stories.
    Tech billionaires are leading the ultra-wealthy in growing their fortunes...
    Read more ...