Forbes introduces the first ever ranking of decabillionaire families, who are worth $10 billion or more. Some famous families make the cut; others like the Kennedys and Gettys fall short.
The vast majority of U.S. billionaires are founders who started companies or heirs who mostly lucked into their fortunes. A tiny subset got hired into jobs that made them super rich.
The former WeWork CEO previously resigned after the company valued at $47 billion failed to produce a successful IPO.
Uninspiring earnings and a “black cloud” from Elon Musk drama have sent Tesla shares down 27% in 2024.
The billionaire justified the decision on the results of an unscientific poll run on his X account a day earlier.
A decision by a Delaware judge late Tuesday afternoon has multibillion-dollar implications regarding Musk’s fortune.
“Sports can be safer without drug testing,” the Enhanced Games claims, adding its reformed contest will let “athletes become superheroes.”
Tesla shares dropped around 2% in after-hours trading following the ruling.
Musk’s net worth rose by $5.5 billion on Monday, as Tesla’s share price rallied 4.2% after a major slump last week.
Lang Walker AO, a titan of the Australian property development industry and a noted philanthropist, has passed away at the age of 78.