Billionaire Andrew Forrest’s Fortescue is deepening investments to decarbonise the iron ore giant’s mining fleet with the purchase of $400 million of emissions free heavy mining equipment from China’s XCMG.
“Tomorrow’s decisions are likely to be better made by three live and well-directed brains than by a dead hand,” wrote Buffett, whose lifetime giving of over $60 billion makes him likely the most prolific philanthropist ever.
Since Trump’s election win, Tesla stock is up 40%, making Musk almost $100 billion richer than any other person.
Bernard Arnault, chairman and CEO of LVMH Group, received the Malcolm S. Forbes Lifetime Achievement Award at the Forbes Global CEO Conference 2024 on Wednesday in Bangkok.
Bill Hwang was found guilty in July on 10 charges related to the 2021 collapse of his family office, Archegos.
The Starship rocket will be launched for a sixth time Tuesday and its booster will attempt to re-land on its launch tower near Brownsville, Texas.
SpaceX President Gwynne Shotwell echoed CEO Elon Musk’s past criticisms of government regulation, calling for faster launch approvals as the company ramps up test flights for its Starship rocket.
As the industry rides a Trump victory to unprecedented highs, the rich are getting much richer.
The president-elect has long treasured close alliances with the rich and famous but this time around, he has a new group of fresh-faced loyalists.
Tesla shares spiked in the wake of Donald Trump’s election win this week–and so did a handful of other stocks, in industries ranging from crypto to coffee.