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Wondering why the S&P 500 is exploding? This bank of America data shows its part of a 96-year-old trend: Via Fortune
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Fortune reposted this
Wondering why the S&P 500 is exploding? This bank of America data shows its part of a 96-year-old trend: Via Fortune
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POV: you're celebrating the Fourth of July in 1936. bit.ly/3VPrkmr
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When Steve Ballmer joined Microsoft he didn’t get a single company share. But now, his skyrocketing Microsoft holdings have made him richer than the company’s founder. The 68-year-old former Microsoft CEO squeaked by his onetime boss Bill Gates to become the sixth richest person in the world on Monday with a net worth of $157 billion. He is now richer than many well-known tech entrepreneurs including Google cofounder Sergey Brin, Oracle founder Larry Ellison, and Dell Technologies CEO Michael Dell. It’s also the first time that Ballmer’s net worth has surpassed that of Gates, and one of the few times in history an employee has come to be richer than a company’s founder. Read more: https://lnkd.in/ebxs77hP
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Say what you will about Tom Brady, there’s no undercutting his singularity—or the endless fascination with how he “gets it done.” During his momentous football career, the longtime New England Patriots quarterback won seven Super Bowl rings—the most of any player, ever—and garnered a reputation for being fastidious and disciplined. (TB12, anyone?) In his second act, Brady has pivoted toward everything from NFTs to FTX to sports commentating to, most recently, partnering with Delta Air Lines as an advisor. He appeared opposite CEO Ed Bastian on Delta’s Gaining Altitude podcast this week to discuss his virtues and values and reflect on what’s put him ahead of the pack. bit.ly/4bxl5tx
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Making it to the Olympics is “a non-stop grind,” according to soccer star Lindsey Horan. The 30-year-old co-captain of the U.S. Women’s National Team is gearing up for her third Olympics this summer after helping her team earn a bronze medal at the 2020 Tokyo Games. Now in her third Olympics, Horan will lead the 18-player roster, announced just last week, in Paris as the team aims to recapture a gold medal, one the U.S. has not seen since 2012. While investment in women’s sports is growing, “there’s still a massive difference” between men’s and women’s contracts, admits Horan, whose status as the most expensive USWNT player nets her just $1.5 million in off- and on-field earnings, according to Forbes. “It’s an investment that we’ve talked about before, it just needs to keep growing and growing, which I think it will because you see the way that women’s sports is moving,” Horan says. bit.ly/4cHGOzG
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When Steve Ballmer joined Microsoft he didn’t get a single company share. But now, his skyrocketing Microsoft holdings have made him richer than the company’s founder. The 68-year-old former Microsoft CEO squeaked by his onetime boss Bill Gates to become the sixth richest person in the world on Monday with a net worth of $157 billion. He is now richer than many well-known tech entrepreneurs including Google cofounder Sergey Brin, Oracle founder Larry Ellison, and Dell Technologies CEO Michael Dell. It’s also the first time that Ballmer’s net worth has surpassed that of Gates, and one of the few times in history an employee has come to be richer than a company’s founder. Ballmer is the only person with a net worth of $100 billion or more who made their money as an employee rather than a founder, as Fortune previously reported. bit.ly/4buOuEo
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“If you’re on time, you’re late.” We asked New Yorkers how many minutes they consider too late to arrive at work. Here’s what they said. bit.ly/3xIOBOY
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Elon Musk gave Bill Gates advance warning not to trifle with him again. The Microsoft cofounder faces annihilation if he makes any further attempt to bet against Tesla. That’s because Musk believes he will have transformed the carmaker into an AI colossus worth a staggering $30 trillion as soon as Tesla completes its pivot from selling EVs first and foremost to operating a lucrative fleet of robo-taxis and humanoid robots. “Once Tesla fully solves autonomy and has [its droid] Optimus in volume production, anyone still holding a short position will be obliterated,” he posted to social media on Tuesday. “Even Gates.” Read more: https://lnkd.in/eK6eVajP
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