Australian Billionaire Andrew Forrest Pledges $48 Million For Bushfire Recovery Australian mining billionaire Andrew Forrest and wife Nicola have pledged $48 million ($70 million Australian dollars) to boost recovery efforts amid intense wildfires that have devastated swathes of several Australian states. The Forrests’ donation, though their charity, will be directed […]

The Quiet Billionaires Behind America’s $16 million Predator Drone That Killed World’s #1 ‘Bad Guy’ Soleimani It may be the most historic drone strike in history—last Friday an MQ-9 Reaper fired at least two Hellfire missiles at vehicles carrying Iranian Major General Qassem Soleimani, Iraqi militia leader Abu Mahdi al-Muhandis and their […]

Adidas Beats Nike Adidas AG is beating Nike,Inc. on Wall Street. Over the last twelve months, Adidas shares are up 56.50%, while Nike shares are up 33.66%. What’s behind Adidas lead on Wall Street? Earnings and sales momentum. For 2019, the German sportswear maker reported record earnings and revenues, driven […]