Category: billionaire

Billionaire Late Bloomers, by Age of Their Breakthrough


This post is by Aran Ali from Visual Capitalist


late bloomer billionaires who achieved their breakthrough after age 35

Billionaire Late Bloomers, by Age of Breakthrough

More often than not, individuals and media alike focus on the success stories of early bloomers.

These early-age accomplishments of some of the richest people in the world are highlighted as marvels. The early achievements of hoodie-wearing CEOs like Mark Zuckerberg or Evan Spiegel—who became billionaires at ages 23 and 25, respectively—come to mind.

But there’s also the case to be made for the late bloomer. According to the Census Bureau, a 35-year-old is three times more likely to found a successful start-up than someone aged 22.

The infographic above, from Virtual College, highlights 45 billionaires who had their breakthrough later in life, by the age of their respective breakthrough.

Billionaires With Career Breakthroughs at or After Age 35

Though these late successes span many different industries and countries, there are many consistent through lines.

The 45 billionaires highlighted had an average age of 41 and an average net worth of $10 billion.

BillionaireCompanyAge of BreakthroughNet Worth ($B)Nationality
Eduardo EurnekianCorporacion America56$1.3?? Argentina
Issad RebrabCevital54$4.8?? Algeria
Torstein HagenViking Cruises54$1.5?? Norway
Ion TiriacBanca Tiriac51$1.7?? Romania
Mike AdenugaGlobacom50$6.1?? Nigeria
Hussain SajwaniDamac Properties49$2.4?? UAE
Radhakishan DamaniDmart48$16.5?? India
Robert KuokShangra-La Hotels and Resorts48$12.6?? Malaysia
Ricardo PoCentury Pacific47$1.1?? Philippines
Alain TarvellaAltarea Cogedim Group46$2.0?? France
Seo Jung-JinCelltrion44$14.2?? South Korea
James (Read more...)

Ranked: Big Tech CEO Insider Trading During the First Half of 2021


This post is by Aran Ali from Visual Capitalist


Ranked: Big Tech CEO Insider Trading During the First Half of 2021

Big Tech CEO Insider Trading During The First Half of 2021

When CEOs of major companies are selling their shares, investors can’t help but notice.

After all, these decisions have a direct effect on the personal wealth of these insiders, which can say plenty about their convictions with respect to the future direction of the companies they run.

Considering that Big Tech stocks are some of the most popular holdings in today’s portfolios, and are backed by a collective $5.3 trillion in institutional investment, how do the CEOs of these organizations rank by their insider selling?

CEOStockShares Sold H1 2021Value of Shares ($M)
Jeff BezosAmazon (AMZN)2.0 million$6,600
Mark ZuckerbergFacebook (FB)7.1 million$2,200
Satya NadellaMicrosoft (MSFT)278,694
$65
Sundar PichaiGoogle (GOOGL)27,000$62
Tim CookApple (AAPL)0$0

Breaking Down Insider Trading, by CEO

Let’s dive into the insider trading activity of each Big Tech CEO:

Jeff Bezos

During the first half of 2021, Jeff Bezos sold 2 million shares of Amazon worth $6.6 billion.

This activity was spread across 15 different transactions, representing an average of $440 million per transaction. Altogether, this ranks him first by CEO insider selling, by total dollar proceeds. Bezos’s time as CEO of Amazon came to an end shortly after the half way mark for the year.

Mark Zuckerberg

In second place is Mark Zuckerberg, who has been significantly busier selling than the rest.

In the first half of 2021, he unloaded (Read more...)