Why This Billionaire Doesn’t Own A Single Stock Or Bond

The Mexican Coke has been made with cane sugar for years, but could the new Coca-Cola product in the U.S. be better? See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

David Ellison, son of software centi-billionaire Larry Ellison, nurtured a relationship with Paramount over the past 15 years as a movie producer. His father’s fortune and political status also scored points. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Where does the president go when he travels? Usually to the places where the Trump Organization makes money. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

After signing a new $1.5 billion deal with Paramount, Trey Parker and Matt Stone are part of Hollywood’s most elite club. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

“I like controlling my own future,” says the former Florida state legislator turned homebuilding mogul. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Donald Trump wasn’t making much from foreign deals. Then he regained power—and set aside the pretense that he cared about ethics. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The convicted sex offender was worth nearly $600 million at his death, thanks mostly to two wealthy billionaire clients—plus generous tax breaks. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

When it comes to government-backed small business loans, a little known $14 billion tech-focused bank in North Carolina called Live Oak dominates. Unfortunately Wall Street pays it no respect. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Stockholm-based Lovable has hit over $100 million in annualized revenue in just eight months by using AI to enable millions of non-coders to instantly turn their ideas into websites, apps and online side hustles. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Michelle Xia gained experience at U.S. pharmaceutical firms before launching her own biotech company back home in China. In a trial last year, the firm’s cancer drug outperformed the world’s best seller–and its surging stock just made her a billionaire. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.