'Bond King' Bill Gross says he's worried AI giants are wasting money — and their stocks could pay the price

Tech Insider : Business
Bill Gross
Bill Gross

Mary Hurlbut/Stu News Laguna

I went to the Hamptons during the last busy weekend of the summer. These are my biggest takeaways.

Tech Insider : Business, Politics
Homes in the Hamptons
I spent a notoriously busy weekend in the Hamptons.

KENA BETANCUR/AFP via Getty Images

L'Oréal heiress is $24 billion richer so far this year — and wealthier than Asia's richest person

Tech Insider : Business
francoise bettencourt meyers
Francoise Bettencourt Meyers, daughter of L'Oreal cosmetics fortune heiress Liliane Bettencourt, and board member of the leading world cosmetics group, smiles during a visit with French prime Minister Manuel Valls at L'oreal Headquarters in Clichy, north outskirts of Paris, France, Monday, Nov. 3, 2014.

Wang Ning, the man behind the viral Labubu dolls, is $20 billion richer this year — and wealthier than Peter Thiel

Tech Insider : Business
Labubu dolls.
Labubu dolls.

Sun Weitong/Xinhua via Getty Images

Warren Buffett's decision to retire 'shocked' this analyst. He predicts these changes once the investor steps down.

Tech Insider : Business
Warren Buffett speaks onstage
Warren Buffett speaks onstage during Fortune's Most Powerful Women Summit at the Mandarin Oriental Hotel on October 13, 2015 in Washington, DC.

Paul Morigi/Getty Images

Billionaires create compounds for privacy and status — and their neighbors get richer, too

Tech Insider : Business
indian creek florida
Indian Creek, Florida.

Shutterstock/Richard Cavalleri

What it's like to shop at Menards, the Midwest home-improvement chain owned by a Wisconsin billionaire

Tech Insider : Business, Style
A Menards store in Wisconsin.
A Menards store in Wisconsin.

Talia Lakritz/Business Insider

Warren Buffett has lost $28 billion in net worth since he rocked the business world with his retirement announcement

Tech Insider : Business, Technology
Philanthropist Warren Buffett is joined onstage by 24 other philanthropist and influential business people featured on the Forbes list of 100 Greatest Business Minds during the Forbes Media Centennial Celebration at Pier 60 on September 19, 2017 in New York City.
Philanthropist Warren Buffett is joined onstage by 24 other philanthropist and influential business people featured on the Forbes list of 100 Greatest Business Minds during the Forbes Media

Warren Buffett's Berkshire Hathaway sold another $3 billion of stocks as investor enters home stretch as CEO

Tech Insider : Business
FILE PHOTO: Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc's annual shareholder meeting in Omaha, Nebraska, U.S., May 4, 2019.

The billionaires making moves to buy or sell sports teams this year

Tech Insider : Sports, Sports, Business
Mark Walter walks onto the field to celebrate a Dodgers playoff win
Mark Walter walks onto the field to celebrate a Dodgers playoff win

Keith Birmingham/MediaNews Group/Pasadena Star-News via Getty Images

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