Yesterday, literally thousands of financial secrets regarding offshore accounts of the super wealthy were leaked. The “largest journalism collaboration in history” involved nearly 100 reporters sifting through 2,5 million documents which detailed the identities and activities of 120 000 offshore companies.
Virtual currency, Bitcoin is now valued at over $1 billion (R9,25 billion), and unlike traditional currency , you “can download every Bitcoin transcation that’s ever taken place and, more interestingly, tap into those transactions in close to real time.” University student Maximillian Laumeister created the “Listen to Bitcoin” website, which produces a sound for every transaction […]
Say goodbye to your self-esteem. One of the newest employees at Yahoo’s London office is 17 year-old Nick D’Aloisio, a school student in Britain. D’Aloisio is also, as of Monday, one of the richest kids in Britain, after selling the news-reading app that he developed and held the majority share in – Summly – to Yahoo for […]
What’s a few billion dollars between friends? A lot, according to Saudi Arabia’s Prince Alwaleed Bin Talal, who is challenging Forbes’ ranking of his wealth. Forbes reported the prince’s wealth to be a staggering $20 billion (R181 billion), ranking him at 26 on the Forbes Richest List. But Prince Alwaleed Bin Talal said he has a […]