Musk escalates feud with Sam Altman over OpenAI: Here’s what to know
Musk alleges Altman’s OpenAI has strayed from its initial non-profit mission and has sought to cut off competition from other AI companies, like Musk’s xAI.
Billionaires
The top 10 richest people in the world (December 2024)
Here are the 10 richest people on Earth as of November 1, 2024 at 12 a.m. Eastern time, according to Forbes.
Billionaire Andrew Forrest’s Fortescue orders $400 million electric mining fleet
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.
‘Never wished to create a dynasty’: Warren Buffett donates $1.1 billion in Berkshire stock and updates will
“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.
Elon Musk’s net worth hits record high thanks to $70 billion post-election windfall
Since Trump’s election win, Tesla stock is up 40%, making Musk almost $100 billion richer than any other person.
LVMH billionaire Bernard Arnault receives Malcolm S. Forbes Lifetime Achievement Award
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.
Ex-billionaire Archegos founder Bill Hwang gets 18 years in prison
Bill Hwang was found guilty in July on 10 charges related to the 2021 collapse of his family office, Archegos.
Trump could attend SpaceX launch with Elon Musk today—What to know about Starship test flight
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.
Musk’s SpaceX has a message for Trump administration: regulation slows technology down
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.
Record bitcoin prices add $38 billion to crypto billionaires’ riches
As the industry rides a Trump victory to unprecedented highs, the rich are getting much richer.