Bloomberg Billionaires has the wealth of Jeff Bezos at $184 billion and Elon Musk at $181 billion. During intraday trading Tesla was 1-2% higher than the close. Elon Musk was richest during the day. However, Tesla is very likely heading for substantial higher move over the next three weeks. Gary Black is an x-fund manager …
Elon Musk is close to passing passed Bill Gates to become the second richest person in the world. As of Sunday, Elon trailed Bill Gates by about $7 Billion according to the Bloomberg Billionaire index. Tesla stock is up to $530 in after-hours trading. The Tesla gains today added about $6.9 billion to Elon Musks …
Tesla is worth $480 billion and Elon Musk is worth about 20% more than Mark Zuckerberg. Another 10% move in Tesla stock will send Elon Musk past the net worth of Bill Gates ($128 billion). SP Global announced Tesla is going to be added to the SP500. This will likely be added in two parts. …
Jeff Bezos is 2.5% away from being worth $200 billion. Amazon is worth $1.65 trillion which is about 7% away from passing Saudi Aramco to become the second most valuable company in the world. Apple is first with a $2 trillion valuation. If Amazon shares reach $3387 up from about $3303 at yesterdays close then …
Tesla ended the day at a valuation of $352 billion, while Walmart (tenth biggest in SP500) is worth $384 billion. This has made Elon Musk the fourth richest person in the world. He is behind Jeff Bezos, Bill Gates and Mark Zuckerberg. Tesla has moved up a lot over the last 12 months. They moved …
Jeff Bezos has gotten about $7 billion richer so far today as Amazon is trading up 3.5% and Elon is up 13-14% in his Tesla holdings. UPDATE- Tesla stock ended up down for the day. So Elon is back to about 7th or 8th with about $68 billion. Bill Gates is second richest at $111.8 …
Apple, Microsoft and Amazon are close to passing Saudi Aramco for the most valuable company in the world. Aramco is valued at $1.72 trillion Apple is valued at $1.66 trillion Microsoft is at $1.62 trillion Amazon is at $1.60 trillion The future is technology and technology is winning over old industries. Jeff Bezos is nearing …
In 2019, the population of very high net worth [VHNW] (those between $5 million to $30 million of net worth) increased by 10% to 2.7 million. The combined net worth of VHNW individuals also increased by over 10%, to $26.6 trillion. This is according to WealthX. There are 22.2 million people with between $1-5 million …
Jeff Bezos launched the Bezos Earth Fund with an Instagram announcement. Bezos said Climate change is the biggest threat to our planet. I want to work alongside others both to amplify known ways and to explore new ways of fighting the devastating impact of climate change on this planet we all share. This global …
Paul Krugman wrote an opinion piece where he rants against future radical life extension. Krugman fears that it will only be available to billionaires. Krugman scenario is that Peter Thiel would still be alive, wealthy and healthy in 2067 when Peter is 100 years old. Sergey Brin would be 94 in 2067. Krugman’s bizarre fantasy …
Chinese customers, who still mainly buy luxury items on overseas trips, buy more than a third of luxury sector sale. They and other Crazy Rich Asians have helped boost the shares of LVMH. Chinese consumers purchased $121 billion worth of luxury goods in 2018 which was 32 percent of the worldwide total. This share is …
