5 entrepreneurs who lost billions of dollars in 2020

OilHarold Hamm

top 5Loss: USD 4.3 billion

American businessman Harold Glenn Hamm, who is mainly involved in the oil and gas trade, suffered a loss of $4.3 billion during the pandemic. The value of billionaire Hamm’s fortune now stands at $5.6 billion. The current situation has cost the CEO of oil production company Continental Resources more than 40% of his fortune. The oil industry was hit by a price war and a significant drop in the use of air and road transport in March last year, resulting in a rapid decline in oil demand. Although Continental Resources shares have partially recovered, they have declined by about 45% since the beginning of the year.

Top 10 financial instruments for 2022. What will their prospects be in 2023?

The year 2022 has brought countless surprises and obstacles...

Telegram scams: how they work and how to protect yourself

Telegram has become one of the most widely used...

Trump Saved TikTok from a Ban. The App in the U.S. Moves into American Hands

TikTok narrowly avoided a ban in the United States...

Gulf Brokers Ltd. Review

Comparing spreads, commissions, trading platforms, rules and reading dozens...

Climate Change Poses Major Risks to Financial Markets, Regulator Warns

WASHINGTON — A top financial regulator is opening a...

AI Boom Beyond Nvidia stock: Which Lesser-Known Equities Are Riding the Wave?

For many investors, Nvidia stock has become almost synonymous with the...

FT: EU plans to remove barriers for banks’ cross-border capital flows

The European Union plans to remove barriers for banks...

Why find a credit card with a lower APR?

Credit cards can be useful financial tools. They make...

SpaceX on Wall Street: a historic IPO and the first trading days

The SpaceX listing ranked among the largest IPOs in history, raising $85.7 billion. Massive investor demand expanded the capital that the company will now use to finance its next phase of development.

CD Ladder Calculator: How to Build a Smarter Savings Strategy

A CD ladder calculator can help savers plan how to earn...
spot_img

spot_imgspot_img