billionaires

SpaceX and Tesla Inc (NASDAQ: TSLA) CEO Elon Musk on Tuesday defended claims he pays low taxes and said ProPublica’s investigation based on IRS data in June this year was "a bunch of misleading stuff." What Happened: The billionaire entrepreneur explained how he does not draw any...

Amazon.com Inc (NASDAQ: AMZN) founder Jeff Bezos on Monday pledged to donate $1 billion toward efforts around conservation as part of a $10 billion commitment to fight climate change and protect and restore nature. What Happened: The fresh grant is part of the Bezos Earth Fund and would ...

Palantir Technologies Inc (NYSE: PLTR) and Paypal Holdings Inc (NASDAQ: PYPL) co-founder Peter Thiel could reportedly be forced to withdraw billions from his Roth IRA account should the House pass a piece of tax legislation that has cleared a key Committee. What Happened: Thiel could be forced to...

Amazon.com, Inc (NASDAQ: AMZN) on Wednesday alleged that Elon Musk-led SpaceX and Tesla Inc (NASDAQ: TSLA) have made their views plain — “rules are for other people.” What Happened: Amazon subsidiary Kuiper Systems LLC’s Lead Counsel Andrew Keisner came down heavily on Musk...

Tesla Inc. (NASDAQ: TSLA) and SpaceX CEO Elon Musk has taken yet another dig at Amazon.com Inc. (NASDAQ: AMZN) founder Jeff Bezos, this time for his investment in Altos Labs, a Silicon Valley startup focused on anti-aging research. What Happened: Musk took to Twitter to mock Bezos, saying that the...

Musician and actress Rihanna is now a billionaire according to new valuation rankings from Forbes. While her music helped Rihanna get to this significant milestone, it was her entrepreneurship and beauty companies that really catapulted her. What Happened: Born Robyn Fenty, Rihanna has created...

As more baby boomers (those born from 1946 to 1964) move deeper into retirement, a massive transfer of wealth to younger generations is approaching. One report mentions that over the next 25 years, U.S. households will pass nearly $70 trillion to their children. But there is no guarantee that a...

Chinese battery supplier Contemporary Amperex Technology Co’s Chairman Robin Zeng has zipped past Alibaba Group Holding (NYSE: BABA) co-founder Jack Ma to be the world’s twenty-fifth richest person, as per the real-time Forbes billionaires list. What Happened: The 52-year old...

The net worth of Amazon.com Inc.’s (NASDAQ: AMZN) founder Jeff Bezos, the world’s richest person, touched $211 billion after shares of the e-commerce giant rose 4.7% on Tuesday. What Happened: The rally in Amazon shares raised Bezos’ fortune by $8.44 billion, according to the...

Facebook Inc (NASDAQ: FB) CEO Mark Zuckerberg spent part of the holiday weekend surfing on an electric hydrofoil-like contraption carrying the Star and Stripes. He posted a video of the surfing action online and soon enough it was turned into a meme. What Happened: Zuckerberg’s watersports...

What Happened: Ken Moelis, billionaire investor and head of global investment bank Moelis & Co (NYSE: MC) said he had been watching the cryptocurrency space carefully. When asked whether he was considering a move into the space in an interview with Bloomberg, Moelis said, “Maybe...

The owner of a luxury goods company has surpassed two well-known entrepreneurs to become the richest person in the world. Bernard Arnault, the CEO and Chairman of LVMH Moët Hennessy Louis Vuitton SA (OTC: LVMUY), is now the world’s richest person, as reported by QZ.com. Right now,...

A German billionaire, whose family office Apeiron Investment Group is a lead investor in more than half a dozen companies, revealed that consuming Psilocybin mushrooms was the secret of his success. What Happened: Christian Angermayer, 43, credited psychedelic mushrooms for his success,...

Even as Alibaba Group Holding Ltd (NYSE: BABA) was slapped with a record $2.8 billion fine by the Chinese government for violating antitrust laws, the fortune of the e-commerce giant’s co-founder Jack Ma rose by $2.3 billion. What Happened: Shares of Alibaba Group climbed almost 9.3% in New...

Novelist and philanthropist MacKenzie Scott, one of the richest women in the world, has married again almost two years after divorcing Amazon.com, Inc (NASDAQ: AMZN) CEO Jeff Bezos, the Wall Street Journal reported Sunday. What Happened: Scott has tied the knot with Dan Jewett, a science teacher at...