The combined wealth of the world’s 500 wealthiest individuals decreased by $208 billion on Thursday following US President Donald Trump’s announcement of broad tariffs, causing global markets to decline sharply.This represents the fourth-largest single-day reduction in the Bloomberg Billionaires Index since its inception 13 years ago, surpassed only by declines during the peak of the…
Zhang stands apart from traditional Chinese billionaires due to his innovative and globally-focused enterprise. TikTok owner ByteDance Ltd.‘s founder Zhang Yiming has emerged as the wealthiest individual in China, marking his first ascent to this position. On Wednesday, Zhang claimed the top spot by overtaking Zhong Shanshan, known for his bottled water enterprise, and Tencent…
Following DeepSeek’s achievements, SpaceX Chief Executive Elon Musk’s net worth declined by approximately $90 billion. Elon Musk, the tech magnate and currently the richest person globally, has seen his net worth decline by approximately $90 billion after achieving a peak of $486 billion. Since becoming the world’s wealthiest person in January 2021, Musk has retained…
Currently, both Mukesh Ambani and his contemporary Gautam Adani, are confronting various challenges. India’s richest men, Mukesh Ambani and Gautam Adani, have seen their net worth drop below the $100 billion mark in the last few months. Currently, both Mukesh Ambani, who leads Reliance Industries Ltd, and his contemporary Gautam Adani, who established the Adani…
Elon Musk (AP file photo) Elon Musk, whose wealth has been turbocharged since President-elect Donald Trump’s win last month, became the first person to reach $400 billion in net worth, the latest milestone for the world’s richest individual.The most recent catalyst was an insider share sale of his privately held SpaceX, which boosted Musk’s net…
According to the Bloomberg Billionaires Index, as of November 23, 2024, Elon Musk’s total net worth is $348 billion. Elon Musk, the CEO of Tesla, has achieved an unprecedented personal wealth milestone, reaching $348 billion, according to the Bloomberg Billionaires Index. According to reports, with this Elon Musk has become the world’s richest man ever!…
Amazon founder Jeff Bezos has sold another major chunk of shares of the e-commerce company. According to a recent regulatory filing (seen by GeekWire), Bezos has sold over $3 billion worth of Amazon shares. The latest stock sale brings the total for the year to over $13 billion worth of Amazon stock that he has…
Meta Ceo Mark Zuckerberg becomes the second-richest person surpassing Jeff Bezos. According to the Bloomberg Billionaires Index 2024, the net worth of Zuckerberg has reached approx $206.2 billion overtaking Jeff Bezos $205.1 billion.Interestingly, Mark Zuckerberg has also now exceeded the GDP of Kuwait that is $160.4 billion. He is now trailing the Tesla CEO by…
NEW DELHI: Billionaire Gautam Adani has once again claimed the title of Asia’s richest person, overtaking Mukesh Ambani on the Bloomberg Billionaires Index. Adani’s net worth has surged to an impressive $111 billion, placing him at the top of the list of Asia’s wealthiest individuals.Adani is at the 11th place and Mukesh occupies 12th slot…
Mark Zuckerberg passed Elon Musk on Friday to become the third-richest person in the world, the first time since 2020 the arch-rival billionaires have held those positions.Musk, who ranked first on the Bloomberg Billionaires Index as recently as early March, fell to fourth after Reuters reported Tesla cancelled plans for a less-expensive car, sending shares…
