Entrepreneurship

Inside Ivanka Trump And Jared Kushner's Ambitious Plan For One Of The Mediterranean's Last Untouched Islands— 'It's Not Even A Business...'

Tanya Rawat — Tue, 02 Jun 2026 12:15:52 +0000

Ivanka Trump, daughter of President Donald Trump and wife of investor Jared Kushner, shared new details about the planned Sazan Island development in Albania during an appearance on David Senra‘s Founders podcast on Monday.

Trump described the 1,400-hectare Mediterranean project as “the culmination of all of my experience in real estate, all of my travel” and said she is working alongside some of the world’s leading architects to transform the island while preserving its natural landscape.

During the interview, Senra noted that the island currently has no power infrastructure and that the project is being built from scratch, a characterization Trump did not dispute.

“It’s not even a business for me despite the scale of it,” Trump said, describing the development as more of a personal challenge than a commercial venture.

Project Dates Back To 2024

The Sazan Island project has been in development for several years. During an appearance on the Lex Fridman podcast in 2024, Trump said she and ...

Full story available on Benzinga.com

Zohran Mamdani Fires Back After Jeff Bezos Says Doubling His Taxes Won't Help Teachers In Queens: 'I Know A Few…Who Would Beg To Differ'

Shomik Sen Bhattacharjee — Thu, 21 May 2026 09:39:11 +0000

New York City Mayor Zohran Mamdani pushed back on Wednesday after Amazon.com Inc. (NASDAQ:AMZN) founder Jeff Bezos said that even doubling the taxes he pays would not help "that teacher in Queens," escalating a debate over wealth, public spending and how the city should fund basic services.

Mamdani Defends Teachers In Queens

"I know a few teachers in Queens who would beg to differ," Mamdani wrote on X, responding to a CNBC interview in which Bezos defended his tax record and criticized politicians who blame billionaires for broader affordability problems.

I know a few teachers in Queens who would beg to differ. https://t.co/JEnRnM2xII

— Mayor Zohran Kwame Mamdani (@NYCMayor) May 20, 2026

Bezos said he pays "billions of dollars in taxes" and is willing to debate whether wealthy Americans should pay more. "If people want me to pay more billions, then let's have that debate," he added. "But ...

Full story available on Benzinga.com

Ray Dalio Recalls Borrowing $4,000 From His Dad After 'Painful' Investing Mistake That Nearly Destroyed Bridgewater: 'Gave Me The Humility…'

Tanya Rawat — Tue, 19 May 2026 09:42:46 +0000

Billionaire investor Ray Dalio said the painful investing mistakes he made early in his career ultimately helped build Bridgewater Associates into the world's largest hedge fund.

Speaking at Long Island University's commencement ceremony last week, Dalio reflected on how a major wrong market call in the early 1980s became one of the most important turning points of his career.

Dalio said that when he was 34 years old, he believed a debt crisis involving emerging countries would trigger a severe market collapse. Mexico eventually defaulted on its debt in 1982, and Dalio said he correctly anticipated the broader crisis. However, he wrongly expected stocks to plunge further.

Instead, markets rallied sharply.

"I thought the stock market was going to fall a lot, but I was very wrong," Dalio said.

The mistake devastated his firm financially. Dalio said he lost ...

Full story available on Benzinga.com

Jeff Bezos Just Pledged Millions To A Cause Zohran Mamdani Has Made Central To His NYC Campaign

Namrata Sen — Wed, 13 May 2026 13:15:18 +0000

The Bezos family has donated $100 million to Robin Hood, a major New York-based anti-poverty nonprofit, to establish the Jackie Bezos Endowment for Early Childhood. The endowment will support education and early childhood development programs, an area also prioritized by New York City Mayor Zohran Mamdani.

The family of Amazon.com’s (NASDAQ:AMZN) billionaire founder Jeff Bezos has also committed an additional $25 million, contingent on a match, potentially bringing the total donation to $150 million.

His mom, the late Jackie Bezos, served on Robin Hood Foundation's Board of Directors for a decade, including as chair of its Early Childhood Committee, where she shaped the organization's early childhood initiatives.

Robin Hood, a charity favored by Wall Street’s elite, was established by hedge fund billionaire Paul Tudor Jones in 1988. The organization supports over 300 nonprofits across New York’s five boroughs, has helped over 32,000 New Yorkers secure housing, and raised more than $115 million to assist city residents during the COVID-19 pandemic.

Robin Hood CEO Richard R. Buery, Jr. highlighted the significance of philanthropic donations in achieving the city’s childcare expansion goals, stating, “The role of philanthropy is to try to help the city to fund and deploy those resources more effectively.”

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Full story available on Benzinga.com