Angel Au-Yeung

ARTICLES

1 week ago

Facebook CEO Mark Zuckerberg Dismissed Tinder Cofounder As Irrelevant But Still Let Dating App Get Special Access To Users’ Data

Internal emails from 2012 to 2015 show how online dating apps, particularly Tinder, went from being nuisances to being important strategic partners with Facebook.
By Angel Au-Yeung 5 min read
1 week ago

Blackstone To Buy Russian Billionaire’s Bumble Stake After Forbes Investigation Into His Companies

In a move that values Bumble-parent MagicLab at $3 billion, private equity firm Blackstone is buying the stake owned by MagicLab’s billionaire CEO Andrey Andreev. Andreev will step down and Bumble...
By Angel Au-Yeung 5 min read
3 weeks ago

After Briefly Falling To Number Two, Jeff Bezos Is Back As The Richest Man In The World

Bezos fell to number two richest late on Thursday but on Friday regained his spot atop Forbes’ list of the richest people in the world.
By Angel Au-Yeung 2 min read
2 months ago

Shopify Cracks The E-Commerce Code, And Its Billionaire CEO’s Fortune Doubles In Just Six Months

The e-commerce platform’s stock, which trades on the New York Stock Exchange, has skyrocketed up 106% since mid-February. 
By Angel Au-Yeung 4 min read
3 months ago

MacKenzie Bezos Is Now Officially World’s Third-Richest Woman

Jeff Bezos transferred a quarter of his Amazon shares to his ex-wife on July 29. He remains the richest person on the planet, while she jumps in as the world’s third-richest woman. 
By Angel Au-Yeung 3 min read
8 months ago

A Rare Find In Silicon Valley: A New Woman Billionaire In Tech

Safra Catz, the media-averse and once reluctant co-CEO of software behemoth Oracle, debuts on Forbes’ definitive ranking of the wealthiest people on earth with a net worth of $1 billion.
By Angel Au-Yeung 12 min read
1 year ago

World Cup 2018 Exclusive: The 15 Russian Billionaires Tied To The Games

Atleast 15 Russian billionaires found a way to get in on the World Cup, which begins in their homeland on June 14. They either received state contracts — just 6 of them control the companies that...
1 year ago

Snap Cofounders' Fortunes Plunge A Combined $1.3 Billion In One Day

Snap SNAP -21.94% cofounders Evan Spiegel and Bobby Murphy lost one-fifth of their net worth on Wednesday — a combined $1.3 billion — the day after a weak earnings report sent the stock diving 20%...