The Warren Buffett indicator — which measures the stock market’s total value against the US economy’s GDP — topped 200% this week. It’s the first time that the valuation gauge has reached these levels since 2021, the only other instance when it’s risen that high. At the height of the dot-com bubble in 2000, the…
Amazon founder and the world’s fourth richest person, Jeff Bezos, sold 3.4 million Amazon shares worth £568.85 million ($768.9 million) based on the Thursday closing price of £164.43 ($222.26) per share. The stock sale was completed between 3rd and 9th July across four trades, according to the latest filings with the US Securities and Exchange…
Microsoft co-founder Bill Gates intends to leave his children less than 1 per cent of his fortune as he believes they should succeed on their own instead of inheriting all that their father created. On the ‘Figuring Out With Raj Shamani’ podcast recently, Mr Gates said the choices made by wealthy families about their legacy…
Elon Musk’s net worth has tumbled by $102 billion this year due to a plunge in Tesla stock. The Tesla and SpaceX CEO’s wealth has dropped about 24% to $330 billion. Tesla stock has been hit by sales declines, political aversion to Musk, and distraction concerns. Elon Musk’s net worth has tumbled by $102 billion…
Two car number plates, one bearing the single letter “S” and the other the digits “88”, have each fetched more than HK$11 million (US$1.4 million) at auction in Hong Kong, beating market expectations. The plates were among 49 up for grabs at an annual Lunar New Year auction held by the Transport Department on Sunday….
Elon Musk is almost $200 billion richer than Jeff Bezos and worth more than Costco. His net worth hit $447 billion after Tesla stock jumped and SpaceX’s valuation rose to $350 billion. Just five years ago, Musk was worth about $25 billion, and Tesla was valued below $100 billion. Elon Musk is nearly $200 billion…
Jeff Bezos is the richest he’s ever been. The Amazon founder’s net worth soared to an all-time high of $228 billion on Wednesday, per Bloomberg’s Billionaires Index. Amazon’s stock reached its own record high on Wednesday, fueling Bezos’ wealth jump. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on…