Browsing: Jeff Bezos

Billionaires Who Got Rich The Fastest
  •  A new study analysed billionaires and their earnings to rank the billionaires who got rich the fastest.
  • Changpeng Zhao, a co-founder of Binance, got rich the fastest, earning his first billion dollars in only 7 months after the start of the company.
  • Jeff Bezos and Mark Zuckerberg made their place in the ranking, both spending 4 years to acquire their first billion dollars.

Experts at EvenBet Gaming have recently conducted a study to rank the billionaires who got rich the fastest. The study considers the years since the company’s founding that brought the first billion.

In addition, the study includes the age when they became billionaires, their education, current net worth, and most recent revenue made by that company.

The original data related to net worth and companies’ revenues was taken from Forbes billionaires’ lists. Changpeng Zhao is a billionaire that got rich the fastest, earning his first billion …

Venture capital for Africa VC4A
  • 2021 was a significant year for venture-backed companies worldwide, investing more than US$ 675B into startups globally, with more than US$5B allocated to African startups
  • VCs have been keenly eyeing a spectrum of sectors from fintech, edtech, biotech, health tech, insurtech, mobility, logistics, e-commerce, crypto, connectivity, proptech, software and mobile commerce
  • A report from Partech further reveals that more than 600 tech companies in Africa, raised US$5.2B from venture capitalists in 2021. 

Striking whilst the iron is hot, is the shrewd move that Venture Capitalists (VC) are making, to seize opportunities presented by the lucrative African Startup ecosystem that is burgeoning by the day; heralded by the massive technology wave sweeping across the continent, a prominent harbinger that the fourth industrial revolution is but within grasp.
Currently, Africa boasts of a myriad of VC-backed startups, with big investors like Jeff Bezos sinking tentacles into this frontier, that has seen the…