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Oracle founder Larry Ellison loses more than $47 billion in less than 7 days

Larry Ellison has lost more than $47 billion in personal wealth in less than a week as shares of Oracle continued to fall ahead of the company's earnings report. Ellison's fortune dropped from about $296 billion last Tuesday, June 2 to around $249.7 billion, according to Forbes' Real-Time Billionaires List. The fall comes as investors pull back from technology and AI-related stocks, leading to a broader selloff across the sector.

Times of India 5h ago

Melinda Gates donates $215 mn for women’s health, dares others billionaires to follow

Melinda French Gates has a lifetime giving of $52.6 billion (Forbes data as on February 2026). The American philanthropist and Bill Gates’ ex-wife has donated mostly to nonprofits focused on global health and development, particularly initiatives supporting women and girls. In a latest, French Gates has announced $215 million additional funding to Washington–based Pivotal Philanthropies to focus on women’s reproductive and midlife health.

Times of India 5d ago

Billionaire Ray Dalio tells Americans the problem with AI companies in the US vs China

Billionaire investor Ray Dalio who predicted the 2008 recession has now cautioned America’s biggest artificial intelligence companies risk falling behind China because of their obsession with profitability. According to a report by Business Insider, speaking at the Forbes Iconoclast conference in New York, Dalio contrasted the approaches of US firms like OpenAI and Anthropic with their Chinese rivals, saying Beijing views AI as a public utility rather than a profit engine. Dalio, who visited...

Times of India 5d ago

49ers investor Vinod Khosla eyes blockbuster bid for Seahawks

Vinod Khosla is the co-founder of Sun Microsystems and the founder of Khosla Ventures in Menlo Park, California. As of June 1, 2026, Vinod Khosla’s real-time net worth is $15.4 billion, according to Forbes. Khosla, along with his son, Neal Khosla, became an investor in the San Francisco 49ers only last year.

Times of India 8d ago

Ares CEO Arougheti on Private Credit, Sports Investing

Ares Management co-founder and CEO Michael Arougheti says the recent stress in the private credit market is tied to private equity. He speaks with Dani Burger at the Forbes Iconoclast Summit in New York.

Bloomberg Markets 6d ago

Billionaire moves into 10th place globally as Inditex sales jump

Amancio Ortega moved into 10th place on the Forbes real-time billionaires list after the retailer he co-founded, Inditex, reported accelerating sales in the current quarter.

MarketWatch 7d ago

Ernst & Young published cybersecurity report full of hallucinations

Earlier this year, an engineer at GPTZero coined the term “vibe citing” to describe the accidental creation of fake references via LLM hallucinations. It turns out that the friction of creating and checking citations is leading many researchers, consultants, lawyers, and public officials to embrace the vibe (if you know what we mean). Among the converts are the authors of a 2025 Ernst & Young report titled Points of Attack: Uncovering Cyber Threats and Fraud in Loyalty Systems.

Hacker News 10d ago

Are Ronaldo, Messi still the largest World Cup draws, or is Mbappe bigger?

Are Ronaldo, Messi still the largest World Cup draws, or is Mbappe bigger? Has Kylian Mbappe surpassed Cristiano Ronaldo and Lionel Messi as the dominant superstar at the 2026 World Cup? As the greatest sporting show in the world begins next week, all eyes will be on football’s two household names of the last quarter-century: Cristiano Ronaldo and Lionel Messi.

Al Jazeera 1d ago

Airline CEO who counted cards now bets premium perks can win over fliers

United Airlines CEO Scott Kirby has argued that travelers will pay more for a better overall flying experience, and United’s numbers suggest his theory is correct. Years ago, Kirby was a serious and successful gambler who learned to count cards. He’s still banned from several casinos in Las Vegas, The Wall Street Journal reported.

Fox News 3d ago