Billionaire Musk seeks to quash deposition in $1 million defamation suit
Billionaire X owner Elon Musk requested last month for the defamation case against him be dismissed, and is now seeking to bar his deposition.
Billionaires
This Estonian-born billionaire wants Aussie banks to come clean on hidden FOREX fees
Kristo Käärmann launched Wise (formerly TransferWise) back in 2011 with the aim of helping users move cash around the world – without the marked-up fees charged by banks. Since then, the company has gone on to process more than $48 billion in cross-border payments and save customers more than $2.9 billion
This billionaire is bringing his $17bn HR firm to Australia – after SVB’s collapse threatened to upend them
Parker Conrad is bringing Rippling, his US$11.25 billion work management platform to Australia, nearly a year after Silicon Valley Bank’s collapse forced the business to liquidate $130 million to process its customers’ payrolls.
Jeff Bezos just parted with $2 billion worth of Amazon shares
The world’s third-richest person sold some of his Amazon stock for the first time in more than two years.
World’s richest woman loses $7 billion on L’Oreal’s worst day since 2008
L’Oreal heiress Francoise Bettencourt Meyers’ net worth fell as L’Oreal stock tanked 8%, its worst single-day slide since the peak of the Great Recession.
Decabillionaire Dynasties: These are the 10 richest families in America
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.
Hired-hand billionaires: These executives amassed 10-figure fortunes while working for others
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.
Adam Neumann wants to buy back WeWork – five years after stepping down as CEO
The former WeWork CEO previously resigned after the company valued at $47 billion failed to produce a successful IPO.
Tesla stock sinks to 9-month lows as Musk controversies leave ‘black cloud’
Uninspiring earnings and a “black cloud” from Elon Musk drama have sent Tesla shares down 27% in 2024.
Musk says Tesla will hold shareholder vote ‘immediately’ to move company’s incorporation to Texas
The billionaire justified the decision on the results of an unscientific poll run on his X account a day earlier.