Tesla boss Elon Musk has become the first person ever to achieve a net worth of more than $500bn (£370.9bn), as the value of the electric car company and his other businesses have risen this year. The tech magnate’s net worth briefly reached $500.1bn on Wednesday afternoon New York time, before dipping slightly to just […]
Larry Ellison briefly became the world’s richest person Wednesday before ending the day just $1 billion shy of the lead. The uber-billionaire is still on the verge of becoming the world’s richest person, according to the Bloomberg Billionaires Index, growing his net worth $88 billion Wednesday, briefly toppling longtime title holder Elon Musk from his […]
As electric vehicles become more common, the resources helping to power the new generation of transportation are becoming increasingly prized. Lithium — a metal that’s a key element in the batteries commonly used in today’s EVs — has become an incredibly hot commodity in recent years. According to the United States Geological Survey, global consumption […]
The world’s wealthiest individuals have built their fortunes through shrewd investments and savvy business decisions, proving the old adage that “money makes money” to be true. According to the latest Bloomberg Billionaires Index, these 20 individuals have amassed incredible wealth over the years, with their net worth skyrocketing to astronomical heights. Topping the list is […]
Billionaire Elon Musk on Friday said his acquisition of Twitter is temporarily on hold pending details supporting a calculation that spam or fake accounts represent less than 5% of users of the microblog. Musk was reacting to a news report about Twitter estimating that false or spam accounts represented fewer than 5% of its monetizable […]
