Billionaires

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.

French billionaire Bernard Arnault—owner of luxury brands like Louis Vuitton and Sephora—is now the richest man in the world.

Joe Lewis was indicted on 16 counts of securities fraud in July.

As the shoe and apparel brand celebrates its 60th anniversary, here’s a look back at a 1981 Forbes profile of Nike’s billionaire cofounder.

Mark Zuckerberg’s social media giant has lost $25 billion in Zuckerberg’s pet metaverse division since 2022, but investors have been lured back by record profits in the core social media business.

Billionaires around the world are now US$3.3 trillion (AU$5 trillion) richer than they were in 2020, with their wealth growing three times as fast as the rate of inflation, Oxfam’s Inequality Inc report has revealed.