Fortune - THE LOCAL REPORT ARTICLES

22-year-old school dropout steals $245 million in Bitcoin by posing as Google and Gemini executives; pleads guilty as stolen fortune funds Ferraris, mansions and a $569,000 night out

September 10, 2026 by WEB DESK TEAM

Malone Lam flashes bundles of cash while partying at a Miami nightclub in September 2024. (Photo: United States Department of Justice) A 22-year-old Singaporean man has pleaded guilty to his role in an international cryptocurrency racketeering operation that prosecutors say stole and laundered more than $245 million in digital assets. Malone Lam, an eighth-grade dropout … Read more

Michael Bloomberg was fired from a Wall Street bank after 15 years. He used his $10 million payout to build a $109 billion fortune and has given away $25.4 billion

September 8, 2026 by WEB DESK TEAM

Michael Bloomberg was 39 when his 15-year career at Wall Street investment bank Salomon Brothers came to an end in 1981. A general partner at the firm, Bloomberg left as Salomon was being acquired by Phibro Corporation and received about $10 million for his stake. Rather than use the money to retire or join another … Read more

EBay’s first full-time employee left the company after its IPO and built a $5.9 billion fortune; he has now donated about $1.2 billion into social-change projects

September 7, 2026 by WEB DESK TEAM

Jeffrey Scholl. Image Credit: Scoll World Forum Jeff Skoll, eBay‘s first full-time employee and president, played a crucial role in building the company before leaving after its 1998 public offering. He helped turn an online auction business into one of the defining technology companies of the internet boom, then chose a different path from the … Read more

Indian H-1Bs hiring other Indians, giving them best assignments, running grocery stores: American CEO claims a Fortune 500 company VP told him this

September 3, 2026 by WEB DESK TEAM

American CEO’s post on H-1B abuse goes viral. An American CEO, Hany Girgis, who is known on X for his anti-H-1B social media posts, shared some screenshots that he claimed to have received from a VP at a Fortune 500 company exposing H-1B abuse. The post went viral at a time when the H-1B visa … Read more

Jim Thornton: Wheel of Fortune star’s family, net worth and salary in focus after suspension over ‘plane incident’

September 2, 2026 by WEB DESK TEAM

Jim Thornton, 61, is suspended from Wheel of Fortune following an incident on May 14 during a flight.

Wheel of Fortune announcer Jim Thornton, 61, has been suspended by producer Sony Pictures Television due to an alleged incident that occurred on a commercial flight earlier this year. The studio has confirmed that it is temporarily substituting the experienced voiceover artist while it conducts an internal investigation into the situation. Jim Thornton, 61, is … Read more

Who will inherit Dolly Parton’s money after her death? Inside the Country icon’s $650 million fortune

August 26, 2026 by WEB DESK TEAM

Dolly Parton built a $650 million fortune through music, merchandise and business ventures over her decades-long career. (AFP)

Dolly Parton died on August 25, 2026, at the age of 80, leaving behind a huge music catalog, business empire and a huge fortune. But with no children and her husband, Carl Dean, having died in 2025, questions are now being raised about who could inherit her wealth. Dolly Parton built a $650 million fortune … Read more

Luigi Mangione family net worth: What we know about his parents and family fortune

August 15, 2026 by WEB DESK TEAM

Luigi Mangione, the man accused of killing UnitedHealthcare CEO Brian Thompson, comes from a wealthy Maryland family. (Jeenah Moon/Pool Reuters via AP)

Luigi Mangionethe man accused of killing UnitedHealthcare CEO Brian Thompson, comes from a wealthy and well-known family in Maryland. Here is what to know about his family, their fortune and the case against him. Luigi Mangione, the man accused of killing UnitedHealthcare CEO Brian Thompson, comes from a wealthy Maryland family. (Jeenah Moon/Pool Reuters via … Read more