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Mark Cuban defended Donald Trump Tuesday after a Democratic lawmaker accused the former president of lying about his net worth. Rep. Ted Lieu (D-Calif.) used the hashtag “TrumpIsBroke” in a post on X after the former president’s lawyers told a New York court that the 77-year-old failed to secure the nine-figure bond sum in his civil fraud case despite approaching more than 30 firms. “Trump claims he is a billionaire. But he can’t pay a $464 million judgment. That means he is lying. How do I know? Math,” Lieu wrote. Cuban, a billionaire entrepreneur and former “Shark Tank” host, came...

If you have read my articles for a while, you would know I am a big fan of studies that give a perspective of where the average American stands financially. Now, let me be clear: I wouldn’t use these as a basis for a financial plan by any stretch of the imagination. These studies don’t mean people are in a good or bad financial situation. Plus, they include a large contingent that lives below or at the poverty line.However, why I like these studies is twofold. First, finances are still taboo to talk about. Thus, most people have no sense...

Alexandria Ocasio Cortez Net Worth (AOC) Net Worth $29 Million Assets $20 Million Investments $8 Million Annual Salary $155,000 Business Income $4 Million Donations Received $2 Million caknowledge.com/alexandria-ocasio-cortez-net-worth-aoc/ “Alexandria Ocasio (AOC) owns over 6 real estate properties, 5 Cars, 2 Luxury Yachts. Alexandria Ocasio’s Assets also includes Cash reserves of over $3 Million. Alexandria Ocasio (AOC) also owns an investment portfolio of 11 stocks that is valued at $15 Million.

Hunter Biden: Failson: While living with Dead Brother Beau’s Wife, he Seduced Stripper in DC, impregnated Lunden Roberts, then claims he can’t remember her, and has her removed from his work insurance. She has to sue him for Child Support in Arkansas and he finally agrees to give her support, although he didn’t cooperate with the court for net worth, claiming no job. Hunter was given $3.5M Moscow, $160,000 monthly Ukraine, among many other international fees, including working with supposed $1 billion Chinese loan for his board position on a Chinese private-equity firm—he does hold a stake in the firm....

Sen. Kamala Harris (D-CA) made history this week as former Vice President turned presidential candidate Joe Biden announced the pair will share the Democratic ticket in 2020. Although receiving national attention as a presidential primary contender, Harris ultimately bowed out of the race in December, citing sinking poll numbers and funding issues. “My campaign for president simply doesn’t have the financial resources we need to continue. I’m not a billionaire. I can’t fund my own campaign,” she wrote in her concession announcement, taking a not-so-subtle dig toward her billionaire opponents Michael Bloomberg and Tom Steyer, who openly self-funded their ill-fated...

Kylie Jenner has been stripped of her title of youngest self-made billionaire.The 22-year-old is accused in a scathing new Forbes report of lying about her wealth and forging tax returns in order to inflate her net worth.

Kylie Jenner has been hit by extraordinary claims that she is not a billionaire. Forbes have accused the family of creating a 'web of lies' and say Kylie, 22, has inflated the size of her business and success. The publication accuses her of 'lying about company figures and forging tax returns' to reach the billionaire status.

Zoom Is Now Worth More Than The 7 Biggest Airlines Amid the COVID-19 pandemic, many people have transitioned to working—and socializing—from home. If these trends become the new normal, certain companies may be in for a big payoff.Popular video conferencing company, Zoom Communications, is a prime example of an organization benefiting from this transition. Today’s graphic, inspired by Lennart Dobravsky at Lufthansa Innovation Hub, is a dramatic look at how much Zoom’s valuation has shot up during this unusual period in history.The Zoom Boom, in Perspective As of May 15, 2020, Zoom’s market capitalization has skyrocketed to $48.8 billion, despite...

A growing body of evidence shows why Gen Y consumers aren't ideal: because many of them are broke But a troublesome detail has been persistently overlooked over the last decade of wooing this crowd: Millennials—many of them, anyway—are strapped for cash. That’s one of the takeaways of a brand new study from Deloitte’s Center for Consumer Insight, which surveyed over 4,000 American consumers to determine their current consuming habits. And when it came to millennials, one statistic stuck out: Since 1996, the average net worth of consumers under 35 has dropped by 35%. The problem, Abramson believes, is that brands...

As of Dec. 31, Kavanaugh had between $15,001 and $50,000 in an interest-bearing Bank of America BAC, +0.04% account, and less than $15,000 in Vanguard funds within a 401(k) plan offered by the Employee Retirement System of Texas, according to his financial disclosure form. He has fully paid off a loan from a thrift savings plan, as well as a credit-card account from JPM, -0.62% that appeared in a previous disclosure plan. Not every Supreme Court justice has such a bland portfolio. According to watchdog group Fix The Court, Chief Justice John Roberts and Justices Stephen Breyer and Samuel Alito...

As the stock market soars to new highs, here's some sobering statistics to consider. The stock market is at an all-time high but Americans Owe More, Save Less, and are Poorer Than in Decades. Negative Wealth Percentage On the Rise Net Worth Going Nowhere Sobering Stats A greater share of Americans have more debt than money in the bank than at any point since 1962, according to Deutsche Bank economist Torsten Slok.30.4% of US families have negative net worth despite the recovery in housing and the stock market.Median net worth is below where it was in 1989. But perhaps the...

Stock wealth climbed by $494 billion and housing by $554 billion The wealth of U.S. households climbed to a record $90.2 trillion in the third quarter, driven by a powerful buildup in both real estate and stocks. Stockholdings—both directly and through retirement accounts like 401(k)s—climbed by $494 billion last quarter while real estate, which is primarily people’s homes, rose in value by $554 billion, according to a Federal Reserve report released Thursday. The report shows that U.S....

<p>Theranos, the biotech company started by a 19-year-old Stanford dropout, has another hurdle to cross in its whole "we're totally a legit blood-testing company" campaign. This time, it turns out that tens of thousands of blood tests were voided, making them totally invalid. Whoops!</p>

We haven't really written much about the insane Theranos scandal, though we discussed it on our podcast. The whole story is pretty crazy -- involving a heavily hyped up company that appeared to basically be flat out lying to everyone about what it could do. The company still exists, but barely. The company's founder and CEO, who was plastered across magazine covers and compared frequently to Steve Jobs, has been banned from running a lab for two years, and the company is now facing a $140 million lawsuit from its biggest partner, Walgreens, who claims that Theranos repeatedly lied to...

Litigator David Boies and the law firm he founded, Boies, Schiller & Flexner LLP, have stopped doing legal work for Theranos Inc. after disagreeing about the strategy for handling ongoing government investigations of the blood-testing company, according to people familiar with the matter. Mr. Boies, 75 years old, has been one of the country’s best-known litigators since the late 1990s. He became Theranos’s outside counsel after being approached in 2011 by two investors in the Palo Alto, Calif., startup. He fiercely defended Theranos against questions about its technology and operations. Those efforts included threatening to take legal action against The...

Litigator David Boies and the law firm he founded, Boies, Schiller & Flexner LLP, have stopped doing legal work for Theranos Inc. after disagreeing about the strategy for handling ongoing government investigations of the blood-testing company, according to people familiar with the matter. Mr. Boies, 75 years old, has been one of the country’s best-known litigators since the late 1990s. He became Theranos’s outside counsel after being approached in 2011 by two investors in the Palo Alto, Calif., startup. He fiercely defended Theranos against questions about its technology and operations. Those efforts included threatening to take legal action against The...

It's worth asking why Elizabeth Holmes is still leading the embattled blood testing company Theranos Inc. But there may be a good reason why she still is in charge, one that has little to do with the scandal-ridden company's performance to date. Forget what venture capitalist Tim Draper — one of the first to invest in the Palo Alto company — implied this week that Holmes is being attacked because she's a young, female entrepreneur. The simple fact is that Theranos has not been able to deliver on its technology from a commercial, scientific or regulatory standpoint, and that falls...

2016 has not been too kind to Elizabeth Holmes, the Steve-Jobs wannabe in charge of fraudulent Theranos. She has thus far been banned for 2 years from operating labs, removed from hosting fundraisers for Hillary and lost her entire net worth. And now, the Wall Street Journal has published the "tell-all" story of the whistle-blower, 26 year old Tyler Shultz, who brought the the whole Theranos farce crashing down. It's a sordid tale complete with all the expected twists and turns of a Jason Bourne thriller including intimidation, coercion and private detectives. Tyler Shultz is the grandson of George Shultz,...

Last year she was on top of the world, but now Elizabeth Holmes has a net worth of zero. Holmes, who is the founder of blood-testing company Theranos, was at the top of Forbes' list of the richest self-made women in America with a net worth of $4.5billion last year. However, Forbes has lowered their estimate of her net worth to nothing, amid allegations that the blood-testing company she founded in 2003 has inaccurate tests and is being investigated by federal agencies. Theranos Inc was sued on Thursday, accused of endangering customer health through 'massive failures' that misrepresented the accuracy...

The VA has proposed removing the net worth reporting requirement for veterans seeking VA healthcare. In a proposal scheduled to be filed in the Federal Register on October 20, the VA seeks to make permanent its temporary practice of not requiring a veteran to submit a net-worth statement when they apply for healthcare. The VA will also no longer require annual net-worth statements from veterans who are currently enrolled in its healthcare programs. ... The VA now seeks to remove any wording in the law related to its collection of net-worth data to prevent any confusion and make it permanently...