Turmoil will come out of Iran — but what kind?
Over the weekend, in the wake of U.S. military strikes on Iranian nuclear facilities, the Editorial Board tried to sort out what might come next. It wrote that 'Iran likely retains some ability to strike at U.S. targets in the region, particularly the 40,000 American forces stationed in various Middle Eastern countries.'
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How Much Richer Is Warren Buffett Than Donald Trump?
No matter how you define wealth, there's no doubt that even rich people have vastly different degrees of it. Warren Buffett: Check Out: For example, Donald Trump was rich before he won a second term to the White House, and has grown that wealth even more since taking office. But you could still multiply his wealth by a factor of 28 and it wouldn't be as big of a fortune as that of Warren Buffett. How Much Richer Is Buffett? Buffett, the CEO of Berkshire Hathaway and legendary 'Oracle of Omaha,' has a net worth of $142.8 billion, according to the latest estimates from according to the latest estimated from Forbes. That ranks him as the ninth richest person in the world. The richest, Elon Musk, has a net worth of $413.8 billion. In contrast, Forbes pegs Trump's net worth at $5.7 billion — which places him as the 755th richest person in the world. Trump and Buffett are both rich under just about any definition. To put their net worths in perspective, consider this: Michael Dell ranks as the 11th richest person in the world with a net worth of $128.2 billion. But if Trump could magically add Dell's wealth to his own, it still would fall well short of Buffett. Be Aware: Buffett's Road to Riches One reason Buffett is so much richer than Trump is he has spent decades as one of the world's savviest investors, building Berkshire Hathaway into a financial powerhouse whose biggest holdings include iconic brands such as Apple, Coca Cola, Bank of America and Chevron. The 94-year-old plans to step down as Berkshire CEO at the end of the year, but will remain as chairman. Buffett came from a fairly modest background in Nebraska, and got bitten by the investment bug early, buying his first stock at age 11, Forbes reported. One thing he learned is that stocks can be a sure path to wealth — if you follow the right investment strategy. In Buffett's case, that strategy includes investing for the long term, putting money only into companies and businesses he understands, and focusing on value stocks rather than high flyers. Trump's Road to Riches Trump made most of his money in real estate — a business that he learned from his father, Fred, a millionaire real estate developer in New York City. According to a Forbes analysis of Trump's wealth, he first became a billionaire in 1988. He dropped off Forbes' billionaire list from 1990 to1996, but returned in 1997 and has been on it ever since. Here's a look at Trump's net worth since returning to billionaire status in 1997: 1997: $1.4 billion 2000: $1.7 billion 2005: $2.7 billion 2010: $2.4 billion 2015: $4.5 billion 2020: $2.5 billion 2025 (latest estimate): $5.7 billion As the above chart shows, Trump's net worth has reached its highest point ever since he began his second term in the White House. According to Forbes, he has presided over the 'most lucrative post-presidency in American history, selling his supporters NFTs, coffee-table books and, most importantly, shares of a money-losing social-media venture.' More From GOBankingRates 5 Old Navy Items Retirees Need To Buy Ahead of Fall Mark Cuban Tells Americans To Stock Up on Consumables as Trump's Tariffs Hit -- Here's What To Buy This article originally appeared on How Much Richer Is Warren Buffett Than Donald Trump? Sign in to access your portfolio
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Sir Keir Starmer will be accompanying Ukrainian president Volodymyr Zelenskyy to Washington
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CNN
10 minutes ago
- CNN
Protesters in Israel demand hostage deal in one of the largest demonstrations since Gaza conflict began
The Middle East Israel-Hamas war FacebookTweetLink Large crowds of Israelis took to the streets on Sunday, launching a nationwide grassroots strike and widespread protests to demand the government secure the release of 50 hostages still in Gaza. In one of the largest coordinated demonstrations since the beginning of the Gaza war nearly two years ago, protesters blocked major roads, closed private businesses, and staged rallies in big cities. People also protested outside government minister's homes. Organizers estimated that hundreds of thousands took part in the strike across Israel. The day of protests began at 06:29am, the exact time when Hamas launched its deadly attack on Israel on October 7. Family members of the hostages, leading the strike alongside the October Council, which represents bereaved families from the war, held a press conference in Tel Aviv, announcing an 'emergency break' until the hostages are released. 'Today, we stop everything to save the lives of 50 hostages and soldiers. Today, we stop everything to remember the supreme value of the sanctity of life,' said Anat Engrest, whose son Matan, is held hostage in Gaza. Polls have repeatedly shown a large majority in Israel support a ceasefire deal to release all of the hostages in exchange for an end to the war. The last round of negotiations fell apart in late-July, when the US and Israel withdrew their teams from talks in Doha, accusing Hamas of not negotiating in good faith. 'We are united in one simple demand directed at the Israeli government: Put an Israeli proposal on the table today for a comprehensive deal - to end the war in exchange for the return of the last hostage. No slogans, no sabotage, no demands that we know the other side won't accept,' said Vicky Cohen, whose son Nimrod, is a hostage. 'It's time to end the horrific nightmare the entire country has been living in for 22 months.' The strike was announced last week, following the Israeli security cabinet's decision to expand the war and take over Gaza City, despite the Israeli military's warning that the operations could endanger the 50 remaining hostages in Gaza, 20 of whom are believed to still be alive. The Israeli military says the operation will begin 'soon' and the government says it will provide the local population with tents before relocating them 'for their protection.' Almost the entire population in Gaza has been displaced, with many forced to move multiple times. As of early Sunday afternoon, Israeli police say 38 protesters had been arrested across the country for disturbing the peace. Israel's largest labor organization, the Histadrut, did not join the strike, though it encouraged employers to let workers participate. But many technology companies, law firms, academic institutions and private sector enterprises announced their participation and support, alongside citizens who declared they would take the day off or refrain from business transactions. Israeli President Isaac Herzog expressed support for the hostage families, while visiting the central gathering at Hostages Square in Tel Aviv. 'All of the people of Israel are anxious, concerned, and want the hostages to come home. There is not a single Israeli woman or man who does not want them home,' Herzog said. But members of the Israeli government slammed the day of protests. Prime Minister Benjamin Netanyahu told a cabinet meeting: 'Those who are calling today to end the war without defeating Hamas not only harden Hamas's stance and delay the release of our hostages – they are also ensuring that the horrors of October 7 will repeat themselves again and again.' Itamar Ben Gvir, the far-right Minister of National Security, said the strike was a 'cynical political maneuver on the backs of the hostages,' linking it to long-standing anti-government protest movement. The Hostages and Missing Families Forum, which represents most of the hostages who remain in Gaza, said in response: 'You can continue to hide behind spins and political calculations, but you cannot escape responsibility.' The Forum announced plans to set up a protest encampment on the Gaza border called 'Waypoint 50' – representing the 50 hostages – to continue pressuring the government to secure their release.
