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How To Lose $16 Billion In 3 Days: How Sam Bankman-Fried's Wealth Disappeared
Friday, November 11, 2022 - 2:43pm | 809Several days ago, FTX co-founder Sam Bankman Fried saw his wealth plummet by over 90% to a value of $1 billion. The significant drop came after a liquidity crisis wreaked havoc on FTX and the cryptocurrency market. At first, rival Binance agreed to acquire FTX.com but ultimately walked away from...
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Here's How Much Sam Bankman-Fried Lost In Wealth Tuesday — And How It Compares To Mark Zuckerberg's Rough 2022
Tuesday, November 8, 2022 - 10:19pm | 829One of the biggest names in cryptocurrency may have had one of the worst days as a billionaire, a status that could now be over. What Happened: With the collapse of the FTX Token (CRYPTO: FTT) and a significant drop in cryptocurrencies Tuesday, many companies related to the sector saw their own...
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Mark Zuckerberg Has Lost More In Wealth In 2022 Than The Value Of Uber
Wednesday, September 21, 2022 - 7:59am | 828One of the most well-known CEOs is having a rough year, with the stock of the company he founded losing more than half its value since the beginning of 2022. Here’s a look at how Mark Zuckerberg, the co-founder and CEO of Meta Platforms (NASDAQ: META), has...
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Bill Gates Still Moved To Tears By Warren Buffett Philanthropy: Here's How Many Berkshire Hathaway Shares Were Donated
Sunday, September 18, 2022 - 11:21am | 467This article was originally published on June 15, 2022. One of the most philanthropic billionaires of all time is Berkshire Hathaway CEO Warren Buffett. The CEO recently made his annual gift to the Gates Foundation. Here’s what Bill Gates had to say of the gift and how much Buffett has...
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Tuesday's Market Bloodbath Hit The Top 10 Richest People Where It Hurts: Here's Who And How Much
Wednesday, September 14, 2022 - 5:15pm | 722A market sell-off on the heels of Consumer Price Index (CPI) inflation data Tuesday saw the broader U.S. markets post their worst day year-to-date in 2022. Here’s a look at how the market collapse impacted the wealth of the richest people in the world. What’s Happened: Tuesday marked...
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If You Printed $1 Million A Day Since 1440, Tesla CEO Elon Musk Still Has You Beat
Friday, September 2, 2022 - 9:30pm | 614The printing press is considered to be one of the greatest inventions of all time. It kickstarted a revolution and transformed the way ideas are communicated across the globe. Here’s a fun stat about the printing press as it relates to Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk, the world’...
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Have The Walmart Heirs Been Selling Their Shares? Here's How Much They Still Own
Monday, August 22, 2022 - 12:49pm | 818The heirs to one of the largest companies in the world maintain a large ownership in it. Here’s a look at the recent sales by Walmart Inc (NYSE: WMT) heirs and what ownership stake three of the richest people in the world have left in the company. What Happened: Retail giant Walmart opened...
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How Much Tesla Stock Does Elon Musk Own After Latest Sale?
Wednesday, August 10, 2022 - 3:36pm | 556On Tuesday, it was revealed that Tesla Inc (NASDAQ: TSLA) CEO Elon Musk sold millions of shares of the electric vehicle company he heads. Here’s a look at how many shares of Tesla stock Musk owns after the sale and how much they’re worth. What Happened: New SEC filings revealed Musk...
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Jeff Bezos' $500M Superyacht Relocated After Bridge Controversy, Avoids Getting Egged In Process
Saturday, August 6, 2022 - 11:48am | 584An unfinished mega yacht belonging to the world’s second-richest man has made its way out of the shipbuilding yard in the Netherlands after being the target of threats. Here’s why the ship was moved and where it went. What Happened: An unfinished $500 million yacht being built for...
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Here's How Much Elon Musk, Jeff Bezos And Top 10 Billionaires Lost In The First Half of 2022
Tuesday, July 5, 2022 - 10:35am | 725The S&P 500 posted its worst first half to a year since 1970. The sharp declines for many publicly traded companies sent the net worth of the world’s richest billionaires down to start the year. Here’s how much wealth the top 10 richest people lost. What Happened: The 500 richest...
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How Many Shares Of Tesla Does Elon Musk Own, And What's His Total Ownership Percentage?
Sunday, June 12, 2022 - 5:36pm | 465The rise in value for electric vehicle company Tesla Inc (NASDAQ: TSLA) has helped CEO and co-founder Elon Musk become the richest person in the world. A new filing from the company reveals how many shares of Tesla, Musk currently owns and might own soon. What Happened: On Friday, Tesla announced...
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Elon Musk, Jeff Bezos And Top Ten Richest People Have Lost This Much In Wealth In 2022
Saturday, June 4, 2022 - 5:07pm | 656The world’s richest people have struggled to maintain their massive wealth in 2022 with many stocks down year-to-date and the overall market seeing a pullback. Here’s a look at how the top ten billionaires have fared. What Happened: The top 10 richest people in the world have lost a...
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Here's How Much Elon Musk's Wealth Increased In Just One Day
Tuesday, April 5, 2022 - 4:24pm | 544The world’s richest person added to his wealth Monday thanks to a stake in a company he was recently critical of. Here are the details. What Happened: It was revealed Monday that Tesla Inc (NASDAQ: TSLA) CEO Elon Musk took a 9.2% stake in shares of Twitter Inc (NYSE: TWTR). News of the...
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Elon Musk Calls Out Washington Post And 'Puppetmaster' Jeff Bezos: Here's What He Said
Tuesday, March 29, 2022 - 12:27pm | 578A war of words between the two richest people in the world continues, with a newspaper being dragged into the mix. What Happened: The Washington Post recently asked Tesla Inc (NASDAQ: TSLA) CEO Elon Musk for a comment on a story involving the EV maker and auto regulators. The newspaper...
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Will Elon Musk Be The First Trillionaire? Here's What One Study Predicts And Who Could Be The Youngest
Saturday, March 26, 2022 - 4:18pm | 856Elon Musk saw his wealth soar in 2021 with the rising price of Tesla Inc (NASDAQ: TSLA) shares and the private valuation given to SpaceX. At one point in 2021, Musk was worth as much as all the MLB, NBA, NFL and NHL teams combined. Here’s a look at how quickly Musk could become a...