Billionaires Richard Branson and Jeff Bezos enter space race | THE INDEPENDENT | The sky over the Spaceport America in Las Cruces, New Mexico, was afire with lightning on the night of July 10. The storm was sufficiently fierce to postpone Virgin Galactic’s planned rollout of its twin airships, mothership …
Read More »Uganda Fintech entrepreneur gets US$30m funding
Ham Serunjogi’s Chipper Cash targets expansion across Africa | THE INDEPENDENT | African fintech startup Chipper Cash is once again in the money markets news; this time for securing a US$30 million Series B funding round led by Ribbit Capital with participation of Bezos Expeditions — the personal venture capital …
Read More »Bezos launches $10 bn fund to combat climate change
Washington, United States | AFP | His company is often criticized for its environmental record, but Jeff Bezos, CEO of Amazon and the world’s richest man, said Monday that he was committing $10 billion to a new fund to tackle climate change. In a post to his 1.4 million followers on …
Read More »Billionaire Bezos buys estate for $165 mn: report
San Francisco, United States | AFP | Billionaire Amazon chief Jeff Bezos has purchased a Los Angeles-area estate for $165 million, setting a new record for the region, The Wall Street Journal reported on Wednesday. Bezos bought the Warner Estate from media mogul David Geffen, according to the Journal. It said …
Read More »Bezos case exposes billionaires’ vulnerability to hackers
New York, United States | AFP | The stunning revelation that a tabloid obtained below-the-belt selfies of Amazon founder Jeff Bezos — the world’s richest man — suggests that even billionaires are not out of the reach of hackers. Bezos came out fighting this week, accusing the National Enquirer of blackmailing …
Read More »World’s richest man makes Shs9 trillion in one day
Kampala, Uganda | THE INDEPENDENT | Jeff Bezos broke the $100 billion (Approx. Shs364 trillion) mark for the first time on Nov.24 – one month after he officially became the richest man in the world. Bezos, 53, had flirted with the top spot earlier in the year but inconsistent shares meant …
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