Billionaires

Now valued higher than ever, the shapewear startup just added a half-billion to the richest Kardashian’s fortune.

Elon Musk said early Saturday that advertising revenue for Twitter has dropped 50% amid a “heavy debt load,” just as competition between the platform—which recently started to pay creators for advertisements—and Mark Zuckerberg’s rival Threads continues to intensify.

Twitter and Elon Musk were hit by a proposed class action lawsuit Wednesday, alleging the company refused to pay employees severance after Musk’s mass layoffs.

Musk has historically played down his personal living conditions, once vowing to “own no house.”

Zuckerberg and Musk indicated last month over social media that they would face off in a “cage match.”

Musk and Zuckerberg continue to deal blows at each other, even if the cage fight is still metaphorical—for now.

Falling stocks, wounded unicorns and rising interest rates translated into a down year for the world’s wealthiest people.

Mark Zuckerberg and Elon Musk say they’ll physically fight each other later this year, and there’s already betting lines.

Twenty-one of the world’s richest people, including Larry Ellison and Rob Walton, have unloaded shares worth more than $9 billion combined in the first half of this year.

Responding to Musk’s invitation to a “cage match” with Zuckerberg, the Meta CEO posted an Instagram story telling the Tesla CEO and Twitter owner: “Send me location.”