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The Bill Gates-backed campaign urging billionaires to donate most of their fortunes to good causes is reportedly facing backlash as tech moguls mock the philanthropy club and Gates’ recently revealed ties to late financier and sex offender Jeffrey Epstein continue to shadow the initiative. Critics like Peter Thiel, who is not a signatory, have derided […]
Tenants continue to discover 125 West 57th St., the new, mixed-use tower on Billionaires’ Row. As we previously reported, the 30-story project by Alchemy-ABR Investment Partners and Cain International signed restaurant team Ten Five Hospitality, creator of popular Mother Wolf locations in Miami and Los Angeles, for a large ground-floor eatery with a new concept. Now, two […]
A Silicon Valley startup backed by OpenAI’s Sam Altman and Coinbase’s Brian Armstrong is pursuing research that some fear could lead to the birth of a genetically engineered baby — a step that’s illegal under US law and banned in most countries, a report said. The company, Preventive, says its goal is to end hereditary […]
Mira Murati, Chief Technology Officer of OpenAI (L) and Dario Amodei, Getty Images | CNBC A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Artificial intelligence startups have minted dozens of new […]
The older he gets, the more Bill Gates is surprised by what the world dishes up. Take billionaires. There are many now from the tech industry, quite a few with politics that skew forcefully right. “I always thought of Silicon Valley as being left of center,” Mr. Gates said. “The fact that now there is […]
The C.E.O. inauguration crowd In a stark display of money and power, the three wealthiest men on the planet lined up on Monday in the Capitol Rotunda to witness Donald Trump being sworn in as the 47th president. The message was clear: With a president in office who wants to be known as a deal […]
