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2630281ZLN, ALLTOP, BUSINESS, COS, EUROPE, FIN, GOV, INDUSTRIES, LAW, MARKETS, MED, TEC, TECSVC, TMT, UK, WORLD, WWTOP, WWTOPEU Keywords: 2630281ZLN; ALLTOP; BUSINESS; COS; EUROPE; FIN; GOV; INDUSTRIES; LAW; MARKETS; MED; TEC; TECSVC; TMT; UK; WORLD; WWTOP; WWTOPEU EN 2630281ZLN ALLTOP BUSINESS COS EUROPE FIN GOV INDUSTRIES LAW MARKETS MED TEC TECSVC TMT UK WORLD WWTOP WWTOPEU The Financial Conduct Authority is proposing to restrict marketing of cryptoassets to only wealthy and experienced investors, part of a broader push to strengthen consumer protections around high-risk investments. [Extracted from the article]

(Bloomberg) -- Charlotte Tilbury, with her wavy red mane and layers of gold necklaces, greeted her "darlings" recently during a live Instagram chat with actress Sofia Vergara. The makeup artist, who was raised on the Spanish island of Ibiza, is now a U.K. business luminary after Barcelona-based perfume maker Puig said it would acquire a majority stake in the label, according to a statement Thursday. [Extracted from the article]

(Bloomberg) -- Coty Inc. tumbled Friday after Forbes reported that Kylie Jenner allegedly provided the magazine with misleading financial information about her cosmetics brand. Representatives at management company Jenner Communications and her publicist, Christy Welder, didn't immediately reply to messages seeking comment, nor did Lisa Kessler, a spokeswoman for New York-based Coty. [Extracted from the article]

(Bloomberg) -- The world's richest person is getting richer, even in a pandemic, and perhaps because of it. JPMorgan Chase & Co. and Wells Fargo & Co. signaled Tuesday that loan losses fueled by the unprecedented job cuts -- many of them in the retail sector that Amazon so efficiently disrupted -- could rival those incurred after the 2008 financial crisis. [Extracted from the article]

(Bloomberg) -- The world's richest person is getting richer, even in a pandemic, and perhaps because of it. JPMorgan Chase & Co. and Wells Fargo & Co. signaled Tuesday that loan losses fueled by the unprecedented job cuts -- many of them in the retail sector that Amazon so efficiently disrupted -- could rival those incurred after the 2008 financial crisis. [Extracted from the article]

(Bloomberg) -- Kombucha and wheat-grass shots might be all the rage but the sugary, caffeinated world of energy-drinks is still a money-spinner. Weiner left after a year to pursue Rockstar, funding the company with $50,000 he got from a mortgage on his condominium in Sausalito, California. [Extracted from the article]

"Aqua is a concept under development and has not been sold to Mr. Gates", according to a statement on the company's website. The Sunday Telegraph reported that Gates had commissioned a cutting-edge vessel to be based on the firm's blueprint. [Extracted from the article]

(Bloomberg) -- Billionaire Peter Thiel, an early investor in Facebook Inc. who once controlled 45 million shares of the social-media giant, unloaded most of his remaining stake last week. Thiel, a member of Facebook's board, sold 53,602 shares held by his Rivendell One LLC for $11 million, leaving him with about $2 million of stock, according to a regulatory filing Friday. [Extracted from the article]

"Aqua is a concept under development and has not been sold to Mr. Gates", according to a statement on the company's website. The Sunday Telegraph reported that Gates had commissioned a cutting-edge vessel to be based on the firm's blueprint. [Extracted from the article]

Jeff Bezos's fortune swelled to $124.2 billion Friday as shares of his Amazon.com Inc. surged 7.4%, a day after the largest U.S. e-commerce company stunned investors with a fourth-quarter profit that far exceeded Wall Street estimates. Read more: Amazon holiday results crush Wall Street estimates; shares surge. [Extracted from the article]

Shares of his Amazon.com Inc. surged 12% to $2,100 in extended trading at 4:16 p.m. Thursday in New York, after the largest U.S. e-commerce company reported fourth-quarter results that smashed Wall Street estimates. Read more: Amazon holiday results crush Wall Street estimates; shares surge. [Extracted from the article]

Shares of his Amazon.com Inc. surged 12% to $2,100 in extended trading at 4:16 p.m. in New York, after the largest U.S. e-commerce company reported fourth-quarter results that smashed Wall Street estimates. Read more: Amazon holiday results crush Wall Street estimates; shares surge. [Extracted from the article]

(Bloomberg) -- Mark Zuckerberg's fortune slid $4 billion Thursday as shares of his Facebook Inc. dropped 5.7%, a day after the social-media giant posted its slowest-ever quarterly sales growth. The decline left the chief executive officer with an $81 billion fortune as of 10:07 a.m in New York, with the shares trading at $210.41 apiece. Shares of Menlo Park, California-based Facebook had dropped as much as 8.3% Thursday before paring the decline. [Extracted from the article]

(Bloomberg) -- The leveraging of a giant social-media presence, a catchy tune about a family of sharks and a burgeoning collection of junkyards are just a few of the curious ways that helped make 2019 a fertile year for fortunes to blossom around the world. Kylie Jenner became the youngest self-made billionaire this year after her company, Kylie Cosmetics, signed an exclusive partnership with Ulta Beauty Inc. Willis Johnson, the gold-chain-wearing Oklahoma native who founded Copart Inc., has amassed a $1.9 billion fortune by building a network of junkyards to sell damaged autos. [Extracted from the article]

(Bloomberg) -- The leveraging of a giant social-media presence, a catchy tune about a family of sharks and a burgeoning collection of junkyards are just a few of the curious ways that helped make 2019 a fertile year for fortunes to blossom around the world. Kylie Jenner became the youngest self-made billionaire this year after her company, Kylie Cosmetics, signed an exclusive partnership with Ulta Beauty Inc. The 172 American billionaires on the Bloomberg ranking added $500 billion, with Facebook Inc.'s Mark Zuckerberg up $27.3 billion and Microsoft Corp. co-founder Bill Gates rose $22.7 billion. [Extracted from the article]

After an unsuccessful objection from his lawyer, Musk told the jury he has Tesla stock, and SpaceX stock, with debt against those holdings, and his net worth is about $20 billion. Caver Vernon Unsworth sued Musk over the "pedo guy" tweet, which the CEO called "a flippant, off-the-cuff insult.". [Extracted from the article]

(Bloomberg) -- Charles Schwab Corp.'s reported plan to buy TD Ameritrade Holding Corp. for $26 billion is proving a boon for the fortunes anchored by two of America's biggest brokerages. TD Ameritrade founder Joe Ricketts is set to add $400 million to his $2.4 billion net worth after his firm's shares rose 21% in Thursday. [Extracted from the article]

(Bloomberg) -- Charles Schwab Corp.'s reported plan to buy TD Ameritrade Holding Corp. for $26 billion is proving a boon for the fortunes anchored by two of America's biggest brokerages. TD Ameritrade founder Joe Ricketts is set to add $500 million to his $2.4 billion net worth after his firm's shares rose 26% in early trading Thursday. [Extracted from the article]

(Bloomberg) -- Charles Schwab Corp.'s reported plan to buy TD Ameritrade Holding Corp. for $26 billion is proving a boon for the fortunes anchored by two of America's biggest brokerages. Charles Schwab's $8.8 billion fortune will rise by about $700 million based on his company's early gains. [Extracted from the article]

Microsoft Corp. co-founder Bill Gates overtook Amazon.com Inc.'s Jeff Bezos as the world's richest person on Friday, reclaiming the top ranking for the first time in more than two years. Gates may have been helped in part by the Pentagon's surprise decision announced Oct. 25 to award a $10 billion cloud-computing contract to Microsoft over Amazon. [Extracted from the article]

Microsoft Corp. co-founder Bill Gates overtook Amazon.com Inc.'s Jeff Bezos as the world's richest person on Friday, reclaiming the top ranking for the first time in more than two years. Gates may have been helped in part by the Pentagon's surprise decision announced Oct. 25 to award a $10 billion cloud-computing contract to Microsoft over Amazon. [Extracted from the article]

(Bloomberg) -- Travis Kalanick sold about 20% of his stake in Uber Technologies Inc. last week. Even after the sale, he still owns 78 million shares in Uber -- a 4.6% stake -- and has a net worth of $3.5 billion, according to the Bloomberg Billionaires Index. [Extracted from the article]

(Bloomberg) -- Travis Kalanick sold about 20% of his stake in Uber Technologies Inc. last week. Even after the sale, he still owns 78 million shares in Uber -- a 4.6% stake -- and has a net worth of $3.5 billion, according to the Bloomberg Billionaires Index. [Extracted from the article]

(Bloomberg) -- Jeff Bezos retained the title of world's richest person Friday as Amazon.com Inc.'s stock recovered from a sharp slide. Bezos, who took the top spot from the Microsoft Corp. co-founder in October 2017, briefly swapped places with Gates on an intraday basis but returned to the top spot as Amazon rallied along with the broader market. [Extracted from the article]

(Bloomberg) -- Jeff Bezos is at risk of losing the title of world's richest person to Bill Gates, as Amazon.com Inc. stock slid Friday. At that price, Bezos has a net worth of $107.1 billion, about $300 million less than Gates, according to the Bloomberg Billionaires Index. [Extracted from the article]

(Bloomberg) -- Jeff Bezos is about to relinquish the title of world's richest person to Bill Gates, as Amazon.com Inc. stock tumbled in late trading Thursday. At that price, Bezos would have a net worth of $102.8 billion, ranking him second, and almost $5 billion behind Gates, according to the Bloomberg Billionaires Index. [Extracted from the article]

(Bloomberg) -- Jeff Bezos is about to relinquish the title of world's richest person to Bill Gates, as Amazon.com Inc. stock tumbled in late trading Thursday. At that price, Bezos would have a net worth of $102.8 billion, ranking him second, and almost $5 billion behind Gates, according to the Bloomberg Billionaires Index. [Extracted from the article]

WeWork Needed a Bailout - But Adam Neumann Still Leaves a Billionaire (Bloomberg) -- Adam Neumann once bragged he wanted to become the world's first trillionaire. WeWork parent We Co.'s withdrawn prospectus sketched out ways Neumann has already monetized some of his stake. [Extracted from the article]

(Bloomberg) -- David Koch, the industrialist and libertarian who used his fortune to transform American politics while also donating more than $1 billion to philanthropic causes, has died. Koch, whose net worth of about $59 billion in the Bloomberg Billionaires Index tied him with his brother as the world's seventh-richest person, derived most of his wealth from a 42% stake in Wichita, Kansas-based Koch Industries, which has annual revenue of about $110 billion. [Extracted from the article]

Tesla Inc. shares have never had a worse start to a year than in 2019, and Elon Musk is paying the biggest price. Ellison, the Oracle Corp. co-founder who has been a vocal defender of Musk, bought 3 million shares last year and joined Tesla's board in December. [Extracted from the article]

Larry Page, Sergey Brin and Eric Schmidt had about $9 billion wiped from their net worths in early trading Tuesday after Alphabet Inc. reported slowing ad sales. AttributionPierre Paulden: editor primary responsibleSteven Crabill: editor secondaryTom Metcalf: by reporter. [Extracted from the article]

See also: Facebook bulls grow more emphatic as Zuckerberg delivers Facebook shares were up 7.2 percent to $195.78 at 9:55 a.m. and have climbed 49 percent this year. [Extracted from the article]

MacKenzie Bezos is set to become the world's fourth-richest woman after her divorce from Amazon.com Inc. founder Jeff Bezos is finalized. "Happy to be giving him all of my interests in the Washington Post and Blue Origin, and 75 percent of our Amazon stock plus voting control of my shares", MacKenzie Bezos, 48, said in a tweet. [Extracted from the article]

Elon Musk saw $1.1 billion wiped from his net worth in the first two minutes of New York trading as Tesla Inc. shares sank as much as 11 percent. The electric-car maker had reported a record decline in deliveries during the first quarter, down to 63,000 vehicles in the three months that ended in March, from 90,966 in the fourth quarter. [Extracted from the article]

Microsoft Corp. co-founder Bill Gates, once the world's richest person, has again eclipsed the $100 billion threshold, joining Amazon.com Inc.'s Jeff Bezos in the exclusive club, according to the Bloomberg Billionaires Index. Gates's fortune, now $100 billion on the nose, hasn't reached such heights since the dot-com boom, when Bezos was only beginning his march up the world's wealth rankings. [Extracted from the article]

Albert Frere spent more than half a century crossing the globe to strike deals before he died this week, leaving a legacy that knitted together dynastic fortunes and transformed Europe's corporate landscape. Frere's 41 year-old daughter Segolene Gallienne and her older brother, Gerald Frere, 67, now control the family's Groupe Frere-Bourgeois, which has net assets of 5.5 billion euros ($6 billion). Gallienne sits on the board of both companies, and her husband, Ian, is co-chief executive officer of Groupe Bruxelles Lambert. [Extracted from the article]

Knorr-Bremse's offering was Germany's sixth-largest on record Heinz Hermann Thiele is about $6 billion richer following last week's initial public offering of his largest asset, Knorr-Bremse AG, the world's biggest maker of truck and train braking systems. Knorr-Bremse was founded in 1905, and Thiele started there in 1969 as a legal specialist in the patents department. [Extracted from the article]

Elon Musk may be starting to put those take-private tweets behind him, but his fortune will need more time to recover. AttributionCraig Trudell: editor primaryPeter Eichenbaum: editor secondaryTom Metcalf: by reporterPierre Paulden: editor responsible. [Extracted from the article]

Bill Gates spent $171 million to buy 14,500 acres of farmland in Southern Washington, the most expensive U.S. land sale so far this year, according to the Land Report. AttributionSteven Crabill: editor primaryDan Reichl: editor secondarySophie Alexander: by reporterTom Metcalf: by reporterPierre Paulden: editor responsible. [Extracted from the article]

Chip Wilson has a $4 billion fortune on Bloomberg's rich list The share surge added $311 million to Wilson's fortune on Friday and a further $41 million on Tuesday to leave him with a $3.9 billion fortune, the 496th largest on the Bloomberg Billionaires Index. Wilson -- who owns a 13 percent stake in Lululemon -- joins Canadians such as retailer Galen Weston and former EBay Inc. President Jeff Skoll on the ranking. [Extracted from the article]

Gain in his net worth more than FedEx's market capitalization Amazon.com Inc. briefly became America's second trillion-dollar company on Tuesday after adding $434 billion to its market cap this year. [Extracted from the article]

Facebook shares tumble after disappointing quarterly results His fortune tumbled 17 percent in the first five minutes of trading Thursday, as shares of the social media giant slid 18 percent on disappointing second-quarter results. Iris Fontbona & family -- Fontbona is the matriarch of Chile's richest clan, which controls Antofagasta Plc, one of the world's largest copper producers. [Extracted from the article]

Gates trails Bezos by $55 billion Bloomberg wealth ranking Bezos, 54, also has topped Gates in inflation-adjusted terms. Behind Bezos on the Bloomberg index is Gates, with a $95.3 billion fortune. [Extracted from the article]

Howard Schultz is beating Donald Trump in one of the president's most-cherished metrics, should he decide to challenge the incumbent in 2020. AttributionPeter Eichenbaum: editor primaryPierre Paulden: editor responsible secondaryTom Metcalf: by reporter. [Extracted from the article]

The billionaire cut off queries about Tesla Inc.'s capital requirements and whether it was retaining Model 3 reservation holders on a Wednesday earnings call, describing the questions as "so dry" and "not cool". AttributionPierre Paulden: editor primary responsibleSteven Crabill: editor secondaryTom Metcalf: by reporter. [Extracted from the article]

Jeff Bezos, the world's richest person, got a lot richer Thursday. Facebook co-founder Mark Zuckerberg, whose fortune dropped $2.5 billion on Tuesday, got a reprieve Thursday as his wealth increased by $5.8 billion, a day after the social network posted better-than-expected results for the first quarter. [Extracted from the article]

Jeff Bezos, the world's richest person, added $3.3 billion to his net worth on Tuesday even as the fortunes of fellow technology tycoons took a tumble. AttributionPeter Eichenbaum: editor primaryDan Reichl: editor secondaryTom Metcalf: by reporterPierre Paulden: editor responsible. [Extracted from the article]

Mark Zuckerberg's latest Facebook post is proving expensive. Shares of Menlo Park, California-based Facebook tumbled 4.5 percent on Friday in New York, cutting Zuckerberg's fortune to $74 billion on the Bloomberg Billionaires Index. AttributionRobert LaFranco: editor primary responsiblePeter Eichenbaum: editor secondaryTom Metcalf: by reporter. [Extracted from the article]

Jeff Bezos's net worth reached $105.1 billion Monday on the Bloomberg Billionaires Index as Amazon.com Inc. shares added to a 12-month surge that's lifted the online shopping giant's market value by almost 57 percent. The Amazon founder passed Gates in October with a net worth of $93.8 billion and his fortune crossed $100 billion for the first time a month later when the holiday shopping season kicked off on Black Friday. [Extracted from the article]

Net worth of Amazon's Jeff Bezos dips below $100 billion Facebook's Mark Zuckerberg fell the most, dropping $2.9 billion on the Bloomberg Billionaires Index, while Jeff Bezos's short-lived reign as the $100 billion man ended after a tumble in Amazon.com Inc. shares knocked $2.5 billion off his net worth. [Extracted from the article]