For the first time in more than nine months, Elon Musk is no longer the world’s richest person. Musk lost his position atop the Bloomberg Billionaires Index to Jeff Bezos after shares in Tesla Inc. tumbled 7.2% on Monday. Musk now has a net worth of $197.7 billion; Bezos’ fortune is $200.3 billion. It’s the …
Earlier this week, Jeff Bezos’ statement with federal regulators marked his parting ways with nearly 12 million Amazon shares worth more than $2 billion. Having stepped down as the CEO of the multinational tech company in 2021, the executive chairman has pulled off such a power move for the first time in over two years. …
Jeff Bezos has offloaded Amazon shares worth $12 million this week. According to recent stock market filings, the sales took place on Wednesday and Thursday and netted just over $2 billion. Notably this is the first time billionaire Jeff Bezos has sold the company’s stock since 2021. Amazon disclosed on 2 February that Jeff Bezos …
The first trillionaire of the world may appear in the next decade, UK-based non-profit Oxfam International said in its published assessment of global inequalities this week, named ‘Inequality Inc’. According to the Oxfam report, cited by The Time Magazine, ending poverty – the target for which is 2030 under the UN Sustainable Development Goals – …
Mukesh Ambani, the chairman of Reliance Industries Ltd (RIL), joined the elite club of centi-billionaires – global tycoons having a net worth of at least $100 billion. Ambani’s wealth swelled after Reliance Industries Ltd hit new record highs on Thursday and other group companies rose sharply of late. According to the data available with Bloomberg …
Over the past few years, the space industry has gone through a phase of hyper growth followed by belt-tightening. There are exceptions, depending on which company or subsector you’re talking about, but that’s been the overall trend, with the last two years really defined by companies trying to keep moving and survive the culling. Last …
Jeff Bezos said that our solar system has enough resources to support a civilization. Amazon and Blue Origin boss Jeff Bezos dreams of a future with millions (maybe even a trillion) of humans spread across the solar system, not on planets but in giant spinning space stations. In an interview with computer scientist and podcaster …
Even Jeff Bezos, one of the world’s richest peo, sometimes needs inspiration and motivation to surge forth in life. How does he cope with the solitude being at the top of the world brings along? Well, per a quote on his fridge, he moves forward in life by redefining success. Jeff Bezos(Reuters file photo) {{^userSubscribed}} …
This fast and fun series packs a punch and premieres on history TV18 on 16th December at 9:00 PM. This quick-witted and entertaining series will take viewers on a journey through the significant influence of world-shaping visionaries, inventors, and legendary duos. From Henry Ford’s vision that made automobiles affordable to the masses to Jeff Bezos’ creation of …
Beijing-based LandSpace Technology, one of China’s private space companies, is preparing to launch a satellite payload to orbit in the first commercial test of its rocket powered by liquid fuel using methane and oxygen. Investors and rocket developers have said methane could offer a way to help slash costs and support reusable rockets. LandSpace’s Zhuque-2 …