Billionaire News from Wealth X
Very interesting articles out of last week’s Billionaire News!
USA — Oracle of Omaha’s Warren Buffet actually predicts Hillary Clinton will win the White House:
American billionaire investor Warren Buffett has predicted that former US secretary of state and Democrat presidential candidate Hillary Clinton will run for the US presidency in 2016 and win. He made the predictions while speaking at the Most Powerful Women Summit in California on 7 October 2014, according to CNBC.
Buffett said, “Hillary’s going to win,” and even stated that he would be willing to “bet money on it.” Clinton herself has yet to announce her decision on whether or not she will run in the presidential elections.”
EUROPE — Richard Branson Gears up for Space:
British billionaire Richard Branson, the founder of commercial spaceflight company Virgin Galactic, took a test flight in an Extra 300L two-seater aircraft during a visit to the Mojave Air and Space Port in California, according to NBC News.
These aerobatic flights will be offered to would-be space fliers during their three-day training period at Spaceport America in New Mexico. The flights will provide a “taste of high-G and then a taste of zero gravity,” according to Virgin Galactic CEO George T. Whitesides. More than 700 people have signed up for the ride, with each ticket costing as much as US$250,000.
LATIN AMERICA — Carlos Slim says the 3-day Work Week is Inevitable:
Mexican business tycoon Carlos Slim has repeated his call for a three-day work week and says that he is sure that it will happen, according to CNN.
Slim believes that a three-day work week would give young workers more opportunity to enter the workforce and be a positive for the economy and financial markets. He said, “You should have more time for you during all of your life – not when you’re 65 and retired.” He has suggested 11-hour shifts and to push the retirement age to 75. When “machines should work 24 hours and services should work as much as possible,” Slim believes that people deserve more time for entertainment, family and to train for better jobs.