Ergo, I'd allocate more than one-third of my portfolio to index funds like the SPDR S&P 500 ETF Trust (NYSEMKT: SPY). Not only has Coca-Cola paid a dividend in every quarter for the past 60 years, it has raised its payout every year during that six-decade stretch. Read More...
MarketWatch
The third richest man in the world behind Musk and Bezos is a college dropout whose fortune has surged $60 billion this year
With a total net worth of $137 billion, Indian-born Gautam Adani’s extraordinary wealth gain in 2022 has far surpassed that of any other billionaire, many of whom have seen their fortunes drop this year, according to Bloomberg’s running tally. The world’s richest, Tesla (TSLA) Chief Executive Officer Elon Musk, has seen a loss of $18.9 billion this year to bring his fortune to $251 billion, while Amazon.com’s (AMZN) executive chairman Jeff Bezos and No. 2 on the wealthy list, has seen his fortune tumble $39 billion this year, to $153 billion. Bloomberg reported that Adani, a college dropout, vaulted into the top three on Monday, the first time a person from Asia has made it that high into the rankings.
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