I was doing some research on fundraising recently when I came across the Forbes website, and specifically its list of billionaires. This site tracks the stock portfolios of billionaires in real time.
That particular day’s winner was Larry Ellison, the chief executive of Oracle – his stocks were up $550.3m in under 24 hours. I’ll just give you a minute to take that in. That single day’s profit for that one individual is slightly more than the annual income of Macmillan Cancer Research and the British Red Cross combined. Read more »