Billionaires

The Tesla and SpaceX CEO recently acknowledged his fortune’s decline, calling himself a “former” trillionaire.

After Putin invaded Ukraine, Western countries grabbed 20 yachts to punish him and his cronies. Great PR move but terrible economics as many still rot in their berths, costing taxpayers millions.

The hardware firm’s stock has cooled since skyrocketing to an all-time high last month.

In an interview with Forbes, the design software giant’s CEO Melanie Perkins discusses her and husband Cliff Obrecht’s latest philanthropic initiative.

Buying busted apps made Bending Spoons’s four cofounders billionaires. Now their stakes have collectively jumped to $8.9 billion after the Milan-based startup scrap yard listed on Nasdaq at an $18.4 billion valuation.

Twenty-five teams—and two billionaire players—are still competing for a $713,000 trophy and $50 million in prize money. Here are more figures to know about the World Cup.

There’s a new member of the $300 billion club and a second sibling from America’s richest family among the planet’s ten wealthiest people.

The Oracle chairman ranked the world’s second-richest person earlier this month.

Titans of finance including Baillie Gifford and T. Rowe Price have backed Airwallex in the startup’s US$320 million Series H, which values the Australian-born startup at $16 billion.

A selloff for Musk’s rocket maker wiped out roughly $900 billion in market value.