net worth

U.S. President Donald Trump has launched a new line of fragrances, leading to renewed criticism about his use of presidential influence for personal profit. What Happened: Trump, who returned to the White House for a second term in January, unveiled a new line of Trump-branded cologne for men and ...

Bill Gates, co-founder of Microsoft, could have been the world’s first trillionaire if he had retained his original company stock. What Happened: The Forbes projection comes in light of Gates’ public commitment to donate nearly all of his remaining wealth and wind down the...

According to the recent data shared by Creative Planning, Inc., the ‘Oracle of Omaha,’ Warren Buffett earned 98% of his current net worth after turning 65 years old. What Happened: The 94-year-old veteran investor Buffett has a net worth of $160 billion according to Bloomberg’s...

On Tuesday, Nvidia Corp. (NASDAQ:NVDA) CEO, Jensen Huang’s net worth stood at $114 billion, closing in on $120 billion, with the company’s stock rallying by nearly 15% this week, and reentering the $3 trillion market cap club. What Happened: This marks a sharp reversal in fortune for...

The recent relaxation of tariffs between the U.S. and China has sparked a significant market rally, with tech CEOs and founders reaping substantial benefits. What Happened: The “magnificent seven” stocks, including Apple Inc. (NASDAQ:AAPL), Amazon.com Inc. (NASDAQ:AMZN), and Nvidia...

Elon Musk, the CEO of Tesla Inc. (NASDAQ:TSLA), has seen his net worth plunge below the $300 billion mark. This significant decrease is linked to the ongoing backlash against Tesla and the implementation of new tariffs. What Happened: Musk’s net worth dipped below $300 billion...

Top billionaires Elon Musk, Mark Zuckerberg, and Jensen Huang lost nearly $34 billion after the bloodbath on Wall Street on Thursday. Here’s how much the ‘Magnificent 7’ billionaires lost in total. What Happened: Wall Street witnessed its most brutal trading day in years, with all...

Tesla (NASDAQ:TSLA) and SpaceX CEO Elon Musk‘s net worth saw a sharp decline of $137 billion from its peak on December 18. What Happened: According to the Bloomberg Billionaires Index. Musk’s net worth plummeted to $349 billion from its peak of $486 billion on December 18, wiping off $...

Elon Musk‘s net worth has reached an unprecedented $347.8 billion. This significant increase in wealth is attributed to a surge in the stock of Tesla Inc. (NASDAQ:TSLA) and a successful funding round for his AI startup, xAI. What Happened: Musk’s wealth has seen a substantial...

Elon Musk is on a trajectory that could see him crowned as the world’s first trillionaire by 2027, according to a recent study by Informa Connect Academy. What Happened: As of last month, Musk’s net worth is estimated to be around $265 billion, a figure that has been steadily climbing....

Minnesota Gov. Tim Walz, Vice President Kamala Harris’ running mate, may possess the smallest net worth of the four people hoping to win offices in the White House come this November. The former House member disclosed a net worth of under $1 million after Harris selected him to run by her...

Taylor Swift‘s trajectory to further financial heights is poised for a turbo boost with the launch of her latest album, “The Tortured Poets Department” (TTPD). Swift, already celebrated for her record-breaking accomplishments, made headlines by entering Forbes’ billionaire...

Deepwater Asset Management's Gene Munster on Thursday predicted that Elon Musk's decision to acquire Twitter, now rebranded as X, will increase his artificial intelligence company xAI's value.   What Happened: Munster took to X and shared his insights about Musk’s decision to...

Net worth. It’s the be-all-end-all for benchmarking your financial progress. Or is it? In the world of personal finance, we often hear about the importance of net worth, or the sum of all of your assets minus all of your liabilities (i.e. what you own minus what you owe). However, there...

Do you want to know how you are doing relative to your peers financially? Then this is the article for you. Last week the Federal Reserve released its 2022 Survey of Consumer Finances, the gold standard of wealth data for American households. I’ve decided to take this data and calculate...