Executives at tech firms that process payments, including Jack Dorsey, chief executive of Square, and Patrick Collison, chief executive of Stripe, said the tax unfairly targeted financial services businesses like their own, which had already been taxed at a higher rate than other sectors. … [Read more...] about Bay Area voters decide tech industry should pay its dues
Theron Mohamed, provided by Published 5:06 am CST, Wednesday, March 6, 2019 Nicholas Hunt/Getty Images for Huffington Post There are eight under-30s on Forbes' list of billionaires. Five of the billionaires inherited most of their wealth, while three are self-made. They work in a range of industries including finance, tech, food and beverage and consumer goods. It's pretty rare to amass a billion dollars before the age of 30, but the eight youngest people on Forbes World Billionaires list have earned the bragging rights. Five of them inherited the bulk of their wealth, while three qualify as self-made billionaires. Using the latest World's Billionaires list from Forbes, we’ve ranked these wunderkinds, overachievers, heirs and heiresses by net worth. 8. Gustav Magnar Witzvoe Instagram/guswitzoe Gustav Magnar Witzvoe owns almost half of Salmar ASA, a leading salmon producer that has revolutionized fish farming in Norway by introducing more sophisticated and … [Read more...] about Meet the billionaires under 30
caption Kylie Jenner is the world’s youngest self-made billionaire. source Getty Images Kylie Jenner is officially the world’s youngest self-made billionaire, according to Forbes’ and Bloomberg’s calculations. Jenner follows in the footsteps of some of the most famous billionaires in the world, including Mark Zuckerberg and Evan Spiegel, who both passed the $1 billion benchmark before age 30. Here are the 10 youngest self-made billionaires. Kylie Jenner is officially the world’s youngest self-made billionaire. On Tuesday, Forbes and Bloomberg reported that the makeup entrepreneur and reality star had officially crossed the $1 billion milestone. Some people were less than pleased with the designation of Jenner, whose ritzy upbringing was documented on “Keeping Up with the Kardashians,” as “self-made.” Forbes uses the “self-made” designation as a way to distinguish between extremely … [Read more...] about Kylie Jenner is officially the youngest self-made billionaire. Here are 9 other self-made billionaires who crossed the $1 billion milestone before 30.
Silicon Valley has driven San Francisco into a “train wreck” of inequality, with homelessness being a severe issue in the city, Salesforce CEO Marc Benioff told CNBC on Tuesday. Benioff added that though the Valley is the home of “an incredible technology industry” that “every city in the world craves,” some executives in the sector are ignoring issues such as gentrification and homelessness. “In some ways, San Francisco is the canary in the coal mine,” Benioff said in an interview with CNBC’s Sara Eisen at the World Economic Forum in Davos, Switzerland. “We have to look at San Francisco and say here’s the best technology example in the world and yet the worst homelessness.” “San Francisco is kind of a train wreck, we have a real inequality problem,” he said. “It’s because of the tech sector.” A one-night count of San Francisco’s homeless population in … [Read more...] about San Francisco Is a ‘Train Wreck’ of Inequality Because of Silicon Valley, Salesforce CEO Says
By Amy Graff, SFGATE Published 8:30 am PST, Tuesday, January 22, 2019 In this photo taken Tuesday, Oct. 30, 2018, Salesforce CEO Marc Benioff speaks at a SPUR luncheon in San Francisco. Benioff spoke about the responsibility of businesses and leaders to their local communities, including solving the homelessness crisis in San Francisco and beyond. less In this photo taken Tuesday, Oct. 30, 2018, Salesforce CEO Marc Benioff speaks at a SPUR luncheon in San Francisco. Benioff spoke about the responsibility of businesses and leaders to their local communities, ... more Photo: Associated Press Photo: Associated Press Image 1 of / 22 Caption Close Image 1 of 22 In this photo taken Tuesday, Oct. 30, 2018, Salesforce CEO Marc Benioff speaks at a SPUR luncheon in San Francisco. Benioff … [Read more...] about San Francisco is a ‘train wreck’ because of the ‘tech sector,’ says Marc Benioff