I'm the senior reporter covering US billionaires for Bloomberg. Before this? Staffer/freelance incl Forbes, Fortune, Inc. Opinions mine; retweet not endorsement

Cancer Drug Once Bought for $7 Million May Now Fetch $18 Billion

bloomberg.com — (Bloomberg) -- An overlooked drug bought by a biotech company for a mere $6.6 million a decade ago could become one of the biggest selling cancer treatments ever. Those high expectations have its maker, Pharmacyclics Inc., considering selling itself in a deal that could be worth as much as $18 billion.

Amway Billionaires Debut After Bad Year for Direct Seller

bloomberg.com — (Bloomberg) -- Bringing the American way of selling skin-care products and vitamins to China helped make Amway Corp. the world's largest direct seller. It also made the children of one its co-founders billionaires. Amway chairman Steve Van Andel and his siblings David Van Andel, Barb Van Andel-Gaby and Nan Van Andel own half of Alticor Inc., Amway's Ada, Michigan-based parent company.

Sierra Nevada Founder Grossman Becomes Billionaire on Pale Ales

bloomberg.com — Ken Grossman is working the taps. Clad in a trucker cap, blue jeans and Keen sandals, the 60-year-old is doling out samples of Hoptimum and Harvest Single Hop, two imperial pale ales made by his Sierra Nevada brewery. For many of 3,300 people who've paid $65 to attend the Portland, Maine, beer tasting with 117 breweries, Grossman's the star attraction.

‘Van Gogh or Van Goo’? Matters Little to Billionaire Carl Berg

bloomberg.com — Billionaire Carl Berg, the Silicon Valley real estate mogul and venture capitalist, collects rent from Tim Cook, loves asking stupid questions and owns a suspect van Gogh. Brendan Coffey interviewed him for the February issue of Bloomberg Markets magazine. Q: What was your best investment?

The Four Companies That Control the 147 Companies That Own Everything

forbes.com — There may be 147 companies in the world that own everything, as colleague Bruce Upbin points out and they are dominated by investment companies as Eric Savitz rightly points out. But it's not you and I who really control those companies, even though much of our money is in them.

Youngest Oil Tycoon Finds Fortune After Washout as Trader

businessweek.com — When he left Midland, Texas, in 1997, Bryan Sheffield didn't plan on returning. His father and grandfather both had earned their fortunes drilling wells in this flat, dusty landscape, living through oil industry booms and busts. Sheffield aimed for a career in finance. After earning an undergraduate business degree, he moved to Chicago and traded futures.

Youngest Oil Tycoon Finds Fortune After Washout as Trader

bloomberg.com — When he left Midland, Texas, in 1997, Bryan Sheffield didn't plan on returning. His father and grandfather both had earned their fortunes drilling wells in this flat, dusty landscape, living through oil industry booms and busts. Sheffield aimed for a career in finance. After earning an undergraduate business degree, he moved to Chicago and traded futures.

Silicon Valley billionaire Carl Berg is developing prostate cancer test

biznews.com — Silicon Valley real estate billionaire Carl Berg (pictured) thinks he has found a better prostate cancer test, and he's investing hundreds of millions of dollars to bring it to market. His company, Berg LLC, plans to introduce a blood-based test that promises to detect more accurately who'll develop the cancer, including the millions of men who show signs of the malady yet may never develop it.

Billionaire Carl Berg developing prostate cancer test

sfgate.com — Silicon Valley real estate billionaire Carl Berg thinks he’s found a better prostate cancer test, and he’s investing hundreds of millions of dollars to bring it to market. The closely held company has collected hundreds of thousands of tissue samples from the Defense Department and analyzed the trillions of protein and gene combinations to find common markers.

Billionaire Berg Funds New Prostate Test With Apple Rent

bloomberg.com — Silicon Valley real estate billionaire Carl Berg thinks he's found a better prostate cancer test and he's investing hundreds of millions of dollars to bring it to market. Berg LLC plans to introduce a blood-based test that promises to more accurately detect who'll develop the cancer, including the millions of men who show signs of the malady yet may never develop it.
More Articles →
Feb 26, 2015

RT @pierre: US government and private sector developing ‘precrime’ system to anticipate cyber-attacks ow.ly/3xfm4v

Feb 26, 2015

RT @ArmstrongDrew: Gilead made more in profit outside the U.S. than it had sales... how? Tax fun! @RichardRubinDC bloom.bg/1E0tXWE

Feb 26, 2015

You think? "@Forbes: Earning more money is one of the best ways to improve your financial situation: onforb.es/1LJnHS6"

Feb 26, 2015

And check out the Businessweek cover, one screen down. RT @RetoGregori: Who Killed Tony the Tiger? bloomberg.com/news/features/… via @business

Feb 26, 2015

Jeff Bezos led the gainers on @BBGBillionaires Index yesterday bloom.bg/1zJX4Xy He's up $594m and now worth $35 billion

Feb 26, 2015

Investor - and Scientology's largest donor - #billionaire Bob Duggan may sell $PCYC for $18 Bln /bloomberg.com/news/articles/… @BBGBillionaires

Feb 25, 2015

RT @BloombergDeals: Cancer drug once bought for $7 Million may now fetch $18 Billion: bloom.bg/1BX99yn by @RobertLangreth & @bpcoffey

Feb 25, 2015

Bill Gates on The Verge: Can we eradicate some of the world's worst diseases by 2030? theverge.com/e/7867800 via @verge

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