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Two crossed lines that form an X . It indicates a way to close an interaction, or dismiss a notification. Mario Gabelli, billionaire investor and chairman and CEO of GAMCO Investors GAMCO Investors
Mario Gabelli is one of the few self-made billionaire investors in the mutual-fund world.
In an interview, Gabelli explains how he leverages decades of experience to identify winning stocks.
He also shared the top themes he s tracking and some of his favorite corresponding stock picks.
Mario Gabelli has seen it all.
The billionaire fund manager, who grew up in the Bronx, started investing in 1955 when Dwight Eisenhower was the president of the United States.
Billionaires are fond of investing in sports franchises. This is because there is a lot of money in it and the income stream is pretty consistent. Authoritative wealth watch magazine, Forbes yesterday released its official list of the most valuable clubs in the world.
It also gave a summary of the business side of the football world which we found quite interesting.
Nairametrics did a thorough review of the list and highlighted the parts which we believe will resonate well with our readers. Let’s get to it!
Top 10 richest clubs in 2021 by value
Tottenham (2.3bn)
Tottenham hotspur comes in at the 10th position with a valuation of $2.3bn. The English club is owned by Joseph Lewis and Daniel Levy. They generated $494m last year.
[imagesource: Shutterstock]
The wealthy in Africa, as with other parts of the world, have managed to weather the pandemic just fine.
The continent boasts 18 US dollar billionaires, with an average worth of $4,1 billion, which amounts to a more than 12% increase from a year ago.
Forbes has rounded up the continent’s billionaires and ranked them from richest to, well, not as rich, but still pretty rich.
Leading the pack is Aliko Dangote of Nigeria, who has risen in wealth by $2 billion from last year’s list thanks to a roughly 30% rise in the share price of Dangote Cement.
Nassef Sawiris of Egypt comes in second, with South Africa’s Nicky Oppenheimer coming in third.
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