Known as the “Oracle of Omaha,” Buffett is one of the most successful investors of all time. He runs investing conglomerate Berkshire Hathaway, which owns dozens of companies, including insurer Geico, battery maker Duracell and restaurant chain Dairy Queen. The son of...
R-squared, sometimes referred to as the coefficient of determination, is a measure of how well a linear regression model fits a dataset. It represents the proportion of the variance in the response variable that can be explained by the predictor variable. The...
Zuckerberg rejoined the world’s top 10 richest in the summer of 2023 for the first time since January 2022, as the result of a rise in the price of Meta’s stock. During the month of December, his fortune rose by $9.4 billion, while Meta’s stock climbed 9%. Software...
Brin sold more than $2.5 billion worth of Alphabet shares between May 2021 and April 2022, but has only gifted stock since. He has donated a total of $1.1 billion to Parkinson’s disease research. Bernard Arnault, head of luxury goods giant LVMH, is up $53 billion–more...
Many billionaires hold much of their net worth in the stock of the company they founded. Forbes has been keeping track of the world’s billionaires since 1987. The U.A.E. is home to the highest number of billionaires on the list as well as cumulative wealth, with...