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Published 7:54 pm Sunday, December 29, 2024 By Data Skrive The New Orleans Pelicans (5-27) will attempt to stop a nine-game losing streak when they host the Los Angeles Clippers (18-13) on December 30, 2024 at Smoothie King Center. Watch the NBA, other live sports and more on Fubo. What is Fubo? Fubo is a streaming service that gives you access to your favorite live sports and shows on demand. Use our link to sign up. Catch NBA action all season long on Fubo. Get tickets for this game at StubHub . Sign up for NBA League Pass to get access to games, live and on-demand, and more for the entire season and offseason. Looking for officially licensed NBA gear? Fanatics has jerseys, hats, apparel, memorabilia, trading cards, collectibles and more. Catch NBA action all season long on Max. Watch ESPN originals, The Last Dance and more NBA content on ESPN+. Use our link to sign up for ESPN+ or the Disney bundle.The world’s wealthiest people have several things in common, but one of the most prominent is that the 10 richest have more than $100 billion to their name. The very top have more than $200 billion. These amounts don’t consist of cash sitting in a bank but are mainly investments, often of some of the largest publicly traded companies , which even the general public can invest in. These billionaires reached their lofty heights through hard work, great ideas, serendipity and plenty of careful planning with wise financial advisers along the way. Here are the world’s 10 richest people and some of their key investments, according to the Bloomberg Billionaires Index , as of Nov. 13. 1. Elon Musk: $320 billion Elon Musk is one of the most controversial business figures, but what’s not under dispute is his wealth. Born in South Africa, Musk built Tesla into a leading player in the electric vehicle market, and is pushing space travel with his SpaceX venture. Musk made a small fortune as an early shareholder of PayPal, and more recently purchased Twitter, which he renamed X. Musk has courted controversy in recent years, using drugs during a broadcast interview with top podcaster Joe Rogan and becoming more active politically, besides a range of other political pronouncements on X. 2. Jeff Bezos: $235 billion As the founder of Amazon , Jeff Bezos became something of a household name in the dot-com boom of 1999-2000, but his wealth really took off after the 2008-2009 financial crisis. In the decade that followed, Amazon expanded into web services, logistics and shipping and more. Bezos purchased the Washington Post in 2013 for $250 million and founded Blue Origin, an aerospace company that is commercializing space travel. He’s also a noted philanthropist, founding the Bezos Earth Fund in 2020 with a donation of $10 billion and has said that he will give away most of his fortune. 3. Mark Zuckerberg: $205 billion Mark Zuckerberg is the founder of Meta Platforms , the company previously known as Facebook. The youngest member of this list, Zuckerberg began Facebook out of his dorm room at Harvard and quickly expanded it over the ensuing years. 4. Larry Ellison: $203 billion Larry Ellison co-founded software company Oracle and ran it for decades before becoming its chief technology officer and executive chairman. Ellison also owns nearly all of the Hawaiian island of Lana’i. 5. Bernard Arnault: $164 billion Bernard Arnault founded LVMH, a company that acquired various French fashion brands such as Christian Dior, Louis Vuitton, Moët and Hennessy. The luxury conglomerate acquired Tiffany more recently, and is among the largest companies in Europe by market capitalization . 6. Bill Gates: $162 billion Bill Gates is the co-founder of Microsoft and has long been among the wealthiest people as his software company continued to expand over decades. Gates is also known for his philanthropic endeavors, namely at the Bill & Melinda Gates Foundation, a private charitable foundation. 7. Larry Page: $161 billion Larry Page co-founded Google — subsequently renamed Alphabet — with another member of this list (No. 8). He headed up the company from 1997 to 2001 and then again from 2011 to 2019. 8. Sergey Brin: $151 billion Along with Page, Sergey Brin co-founded Google and served as the company’s president for many years until stepping down in 2019. He and Page literally developed Google in a Silicon Valley garage. 9. Warren Buffett: $148 billion Warren Buffett , long known as the Oracle of Omaha for his prophetic investment acumen, has been investing since he was a boy. He has been the head of Berkshire Hathaway , an investing conglomerate, for nearly 60 years. Berkshire owns massive stakes in a number of America’s largest businesses, including Apple , Coca-Cola and many more. His company’s annual meeting attracts tens of thousands of investors and has been called the “Woodstock of Capitalism.” 10. Steve Ballmer: $148 billion Steve Ballmer also made his fortune through Microsoft and was one of the company’s earliest executives. He eventually led the company from 2000 to 2014, and subsequently co-purchased the Los Angeles Clippers, a pro basketball franchise of the National Basketball Association. How can you build your fortune? This list offers a handful of takeaways for people who are looking to build their own wealth. First, all these individuals own stock . Their immense wealth is built upon owning massively successful companies that are among the leaders in their respective industries. They have significant ownership stakes in these businesses. While they’ve generally worked in their businesses, their real wealth comes from the ownership of those companies. Second, because these companies are publicly traded, individual investors — anyone in the general public — can also take a stake in them. Many people have become millionaires and multi-millionaires by riding the coattails of these individuals and owning stock in their companies. It’s easy to get started with one of the best brokers for beginners , and if you’re looking for strong investments, a financial adviser can also help you find those that meet your needs . Third, these billionaires have built their wealth over decades; they’re not overnight lottery winners. Unquestionably they had some advantages — some were in the right place at the right time — but they all owned growing assets and then used time to compound their returns. And time is something that individuals have whether they’re rich or poor, well-placed or not.
Most ruling party lawmakers were boycotting a parliamentary vote Saturday to deny a two-thirds majority sought by the opposition to impeach President Yoon Suk Yeol over his short-lived imposition of martial law, as protests grew nationwide calling for his removal. The likely defeat of the motion is expected to intensify public protests calling for Yoon's ouster and deepen political chaos in South Korea, with a survey suggesting a majority of South Koreans support the president's impeachment. Yoon's martial law declaration drew criticism from his own ruling conservative party, but it is also determined to oppose Yoon's impeachment apparently because it fears losing presidency to liberals. Impeaching Yoon would require support from two-thirds of the National Assembly , or 200 of its 300 members. The opposition parties who brought the impeachment motion have 192 seats, meaning they need at least eight additional votes from Yoon's People Power Party . The opposition-controlled parliament began a vote earlier Saturday, but only three lawmakers from PPP took part with opposition members. If the number of lawmakers who cast ballots doesn't reach 200, the motion will be scrapped at midnight, according to National Assembly. Opposition parties could submit a new impeachment motion after a new parliamentary session opens next Wednesday. National Assembly Speaker Woo Won Shik urged ruling party members to return to the chamber to participate in the vote, stressing that it was closely watched by the nation and also the world. 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"I plead to you, for the future of the Republic of Korea." Earlier Saturday, Yoon issued a public apology over the martial law decree, saying he won't shirk legal or political responsibility for the declaration and promising not to make another attempt to impose martial law. He said would leave it to his party to chart a course through the country's political turmoil, "including matters related to my term in office." "The declaration of this martial law was made out of my desperation. But in the course of its implementation, it caused anxiety and inconveniences to the public. I feel very sorry over that and truly apologize to the people who must have been shocked a lot," Yoon said. Since taking office in 2022, Yoon has struggled to push his agenda through an opposition-controlled parliament and grappled with low approval ratings amid scandals involving himself and his wife. In his martial law announcement on Tuesday night, Yoon called parliament a "den of criminals" bogging down state affairs and vowed to eliminate "shameless North Korea followers and anti-state forces." The turmoil resulting from Yoon's bizarre and poorly-thought-out stunt has paralyzed South Korean politics and sparked alarm among key diplomatic partners, including neighboring Japan and Seoul's top ally the United States, as one of the strongest democracies in Asia faces a political crisis that could unseat its leader. Tuesday night saw special forces troops encircling the parliament building and army helicopters hovering over it, but the military withdrew after the National Assembly unanimously voted to overturn the decree, forcing Yoon to lift it before daybreak Wednesday. The declaration of martial law was the first of its kind in more than 40 years in South Korea. Eighteen lawmakers from the ruling party voted to reject Yoon's martial law decree along with opposition lawmakers. The passage of Yoon's impeachment motion appeared more likely Friday when the chair of Yoon's party called for his removal on Friday, but the party remained formally opposed to impeachment. On Saturday, tens of thousands of people packed streets near the National Assembly, waving banners, shouting slogans and dancing and singing along to K-pop songs with lyrics changed to call for Yoon's ouster. A smaller crowd of Yoon's supporters, which still seemed to be in the thousands, rallied in separate streets in Seoul, decrying the impeachment attempt they saw as unconstitutional. Lawmakers on Saturday first voted on a bill appointing a special prosecutor to investigate stock price manipulation allegations surrounding Yoon's wife. Some lawmakers from Yoon's party were seen leaving the hall after that vote, triggering angry shouts from opposition lawmakers. If Yoon is impeached, his powers will be suspended until the Constitutional Court decides whether to remove him from office. If he is removed, an election to replace him must take place within 60 days. Opposition lawmakers say that Yoon's attempt at martial law amounted to a self-coup, and drafted the impeachment motion around rebellion charges. Lee Jae-myung, the leader of the main liberal opposition Democratic Party , told reporters that Yoon's speech was "greatly disappointing" and that the only way forward is his immediate resignation or impeachment. On Friday, PPP chair Han Dong-hun, who criticized Yoon's martial law declaration, said he had received intelligence that during the brief period of martial law Yoon ordered the country's defense counterintelligence commander to arrest and detain unspecified key politicians based on accusations of "anti-state activities." Hong Jang-won, first deputy director of South Korea's National Intelligence Service , told lawmakers in a closed-door briefing Friday that Yoon called after imposing martial law and ordered him to help the defense counterintelligence unit to detain key politicians. The targeted politicians included Han, Lee and Woo, according to Kim Byung-kee, one of the lawmakers who attended the meeting. The Defense Ministry said it had suspended the defense counterintelligence commander, Yeo In-hyung, who Han alleged had received orders from Yoon to detain the politicians. The ministry also suspended the commanders of the capital defense command and the special warfare command over their involvement in enforcing martial law. Former Defense Minister Kim Yong Hyun, who has been accused of recommending Yoon enforce martial law, has been placed under a travel ban and faces an investigation by prosecutors over rebellion charges. Vice Defense Minister Kim Seon Ho has testified to parliament that it was Kim Yong Hyun who ordered troops to be deployed to the National Assembly after Yoon imposed martial law. (You can now subscribe to our Economic Times WhatsApp channel )
In a commanding performance, Sweden overwhelmed Serbia with a 6-0 victory, completing an 8-0 aggregate win to secure their place in next year's Women's European Championship finals in Switzerland. They will be joined by Norway and Finland, who also triumphed in their respective playoff matches. Sweden's win was marked by goals from Filippa Angeldahl, Kosovare Asllani, Stina Blackstenius, Hanna Bennison, and Anna Anvegaard. The Swedes celebrated their triumphant qualification by honoring recently retired Caroline Seger. Meanwhile, other qualifiers include Portugal, Poland, Belgium, and Wales, marking a fascinating series of playoff matches. (With inputs from agencies.)Expelled the same day: Ireland hardens illegal immigration response
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