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newsmrl · 4 months

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Elon Musk: person who earns $3237.35 per minute ₹100 crore in Indian currency every hour

NEW YORK: According to Bloomberg Billionaires Index, Elon Musk’s net worth is now (as of December 27, 2023) $239 billion. This year alone there has been an increase of 101 billion dollars. If we look at it at the rate of Rs 83.27 per dollar, then this amount is ₹ 84,10,27,00,00,000 crore. If we divide it by 361 then this amount will be ₹ 23,29,71,46,814. That means, last year, Musk added an…

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#100 crore #Ambanis earning #billion dollars #Bloomberg Billionaires Index #Elon Musk #Elon Musks net worth #Facebook CEO #Indian currency #Mark Zuckerberg #Mukesh Ambani #Reliance Industries #Tesla #Todays Breaking News #Trending News

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sabnews24x7 · 1 year

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Gautam Adani, the richest person in Asia, was in the news after giving an interview to the media. Now he has had a bad year in the new year and has fallen to the fourth place in the list of the richest people in the world. Read More

#gautam adani #bloomberg #bloomberg billionaires index #world #world news

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jovialkingsweets · 1 year

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Messi, Neymar e Mbappé: Qatar é dono da Copa e dos craques da Copa

Imagine você ter dinheiro que nunca acaba. Enxergar no futebol um jeito de faturar ainda mais e, por tabela, divulgar sua marca. Estamos falando do governo do Qatar, um dos países mais ricos do mundo dominado por uma família bilionária sentada em fontes de petróleo e gás natural. Adiantamos e chegamos a Mbappé, Messi e Neymar, todos funcionários do estado do Qatar muito bem remunerados e…

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#Bloomberg Billionaires Index #família Al Thani #mbappé #Messi #Neymar #PSG #qatar 2022 #Tamin bin Hamad Al Thani

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reportwire · 1 year

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An Indian is leading the world’s billionaire list in terms of wealth creation in 2022

Gujarat’s very own Gautam Adani, the chairman and founder of the Indian multinational conglomerate Adani Group, outdid all the world’s top billionaires in terms of wealth creation in 2022 far. All thanks to the ongoing rally in the group’s stocks. With a rise of $59.1 billion year-to-date (YTD) in total net worth, the entrepreneur is the third richest individual in the world. His total net worth…

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#Adani Group #Bernard Arnault #Bill Gates #bloomberg billionaires index #elon musk #forbes 2022 billionaires ranking #gautam adani #Gautam Adani 3rd richest in the world #Gautam Adani 3rd richest man #Gautam Adani business moves #Gautam Adani net worth #Gautam Adani vs mukesh ambani #Jeff Bezos #mukesh ambani #Mukesh Ambani net worth

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krazyshoppy · 2 years

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Bloomberg Billionaires: मुकेश अंबानी को पीछे छोड़, 100 अरब डॉलर क्लब में गौतम अडानी की वापसी

Gautam Adani Ahead Of Mukesh Ambani: अडानी ग्रुप ( Adani Group) के चेयरमैन गौतम अडानी (Gautam Adani) ने दुनिया के छठे सबसे अमीर शख्स बन गए हैं. उनकी संपत्ति 100 अरब डॉलर हो गई है. Bloomberg Billionaires Index के मुताबिक गौतम अडानी की संपत्ति 100 अरब डॉलर है और वे दुनिया के रईसों की सूची में छठे स्थान पर हैं. वहीं रिलायंस इंडस्ट्रीज ( Reliance Industries) के चेयरमैन मुकेश अंबानी ( Mukesh Ambani)…

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#Bloomberg Billionaires Index #Gautam Adani #Gautam Adani Richest Indian #Mukesh Ambani #reliance industries #Richest in India #Richest Indian #अडानी समूह #गौतम अडानी #मुकेश अंबानी

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digitalbhumi · 2 years

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Top rich including Musk-Bezos lost 23 lakh crores this year, increased wealth of only one Indian

The first half of 2022 was not good for the world’s top rich and the nine in the top-10 have lost around Rs 23.39 lakh crore so far this year. The first half of 2022 was not good for the world’s top rich and the nine in the top-10 have lost $ 29.6 thousand crore (about Rs 23.39 lakh crore) so far this year. Elon Musk, the owner of the electric vehicle giant Tesla, lost $ 6 thousand million and…

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usafirstpatriot · 5 months

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#president donald j trump #Bloomberg Index #Billionaires Index

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newscontinuous · 1 year

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#richest businessman #facebook ceo #mark zuckerberg #billionaire #total wealth #gautam adani #bloomberg index

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zvaigzdelasas · 6 months

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Hui, who founded Evergrande in 1996, was detained by Chinese police last month on “suspicion of illegal crimes” related to the debt-laden company’s financial woes.[...]

Founder Hui was once Asia’s second-richest person, having built up a personal fortune of $42 billion by 2017. However, according to Bloomberg’s Billionaires Index, which tracks the real-time wealth of the world’s wealthiest people, Hui’s net worth has now tumbled to $979 million. That means he has lost 98% of his wealth over the past six years.[...]

Since the Chinese government insisted that Hui use his own wealth to pay off some of Evergrande’s debts, the firm’s embattled founder and chairman has been selling off assets including a $227 million London mansion and a $112 million villa in Hong Kong.

Lol, and I can't stress this enough: lmao [25 Oct 23]

#exactly like 2008

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socialjusticeinamerica · 1 month

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Tax the rich.

#tax the rich #oligarch assholes #never trump #republican assholes #corporate greed #robber barons #union busters #wealth inequality

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internationalnewz · 2 months

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Jeff Bezos Surpasses Elon Musk as World's Richest Person: Tesla Shares Slump

For the first time in over nine months, Elon Musk has relinquished his title as the world’s richest person. Jeff Bezos, the founder of Amazon.com Inc., has reclaimed the top spot on the Bloomberg Billionaires Index, dethroning Musk after a 7.2% drop in Tesla Inc. shares on Monday. Musk’s net worth now stands at $197.7 billion, while Bezos boasts a fortune of $200.3 billion.

This marks the first time since 2021 that Bezos, 60, has ascended to the peak of Bloomberg’s ranking of the wealthiest individuals. The once vast wealth gap between the 52-year-old Musk and Bezos, which reached as wide as $142 billion, has been steadily narrowing as the stock fortunes of Amazon and Tesla move in opposite directions. While both companies are part of the elite “Magnificent Seven” stocks driving the US equity markets, Amazon’s shares have more than doubled since late 2022, nearing a record high. In contrast, Tesla has seen a roughly 50% decline from its 2021 peak.

Monday’s decline in Tesla shares was attributed to preliminary data indicating a significant drop in shipments from its Shanghai factory to the lowest point in over a year. Meanwhile, Amazon experienced robust online sales growth, contributing to Bezos’ resurgence in the wealth rankings.

Musk’s financial woes may intensify following a Delaware judge’s decision to invalidate his $55 billion pay package at Tesla, where he serves as chief executive. The ruling favored an investor who challenged Musk’s compensation plan, which had previously held the title of the largest in history. Musk’s significant assets, including options, stakes in Tesla, and SpaceX, are still considered in the Bloomberg index calculations of his wealth.

Bezos’ vast fortune primarily stems from his 9% stake in Amazon, making him the company’s largest shareholder, even after recently divesting 50 million shares worth approximately $8.5 billion. This return to the top of the wealth rankings is a familiar position for Bezos, who first surpassed Microsoft Inc. co-founder Bill Gates as the world’s richest person in 2017. However, after a fierce competition with Musk throughout 2021, Bezos fell behind late in the year and has only now regained the coveted №1 position.

In addition to Musk and Bezos, Bernard Arnault, the 74-year-old chairman of LVMH Moet Hennessy Louis Vuitton, the world’s largest luxury-goods maker, also ranks among the world’s wealthiest, boasting a net worth of $197.5 billion.

#Jeff Bezos #Elon Musk #World's Richest Person

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cogitoergofun · 4 months

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The world's 25 wealthiest families have had a stellar 2023, according to Bloomberg.

Ultra-rich dynasties have added another $1.5 trillion to their personal fortunes this year, the outlet reported Thursday. Strong economic growth, cooling inflation, and resilient consumer spending have all helped to support their businesses over the past 12 months.

Abu Dhabi rulers the Al Nahyans and the owners of the French luxury fashion house Hermès have both seen their wealth balloon in 2023, per Bloomberg.

The Al Nahyans, who preside over the oil-rich Middle-Eastern emirate and own UK soccer club Manchester City, blew past the US's Walton clan to become the world's richest family, according to the publication. It's the first time in five years that a family other than the Walmart heirs has been the world's richest.

Meanwhile, the family that controls Hermès – including the brand's artistic director Pierre-Alexis Dumas and executive chairman Axel Dumas – added $56 billion worth of wealth in 2023 to place third on Bloomberg's list.

The Waltons, chocolate tycoons the Mars family, and oil billionaires the Kochs are the US's three representatives in the outlet's top 10.

The ultra-rich getting richer has been a consistent theme in 2023, with stock prices rebounding and the world economy tending to hold up better than gloomy forecasters had expected at the start of the year.

The world's two richest men – Tesla CEO Elon Musk and Amazon founder Jeff Bezos – have added over $150 billion worth of wealth alone, according to Bloomberg's Billionaires Index.

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warningsine · 7 months

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Rupert Murdoch, the longtime head of News Corp. and Fox, will step down as chairman and take on the role of chairman emeritus, capping a seven-decade career that built a media dynasty ranging from cable television to tabloid newspapers and turned him into one of the world's most influential media executives.

Lachlan Murdoch, Rupert Murdoch's eldest son, will become the sole chair of News Corp. and continue as executive and CEO of Fox Corp, Fox announced Thursday. Rupert Murdoch will take on his new role at the companies' next shareholder meetings, which are scheduled for mid-November.

Rupert Murdoch, 92, exits News Corp. and Fox at a time the media businesses are facing a number of challenges, including the fallout from a bruising trial, and nearly $800 million settlement, over a defamation lawsuit after Fox News aired unfounded claims that Dominion Voting Systems equipment was used to rig the 2020 presidential election.

Murdoch became one of the foremost media executives of the last half century by building an extensive network of tabloids, cable and broadcast TV, and entertainment assets, many known for espousing conservative ideas. He's also one of the world's wealthiest media executives, with a net worth of $8.3 billion, according to the Bloomberg Billionaires Index.

Conservative power broker

Murdoch's perch as head of Fox and News Corp. gave him enormous sway in anglophone conservative circles, with outlets such as Fox News credited with boosting the careers and policies of numerous right-leaning politicians.

"He used the outlets in the U.K., Australia and the U.S. to achieve certain types of policy outcomes and particularly certain types of political results, earning favors from politicians whose able trade in for political advantage," David Folkenflik, author of "Murdoch's World: The Last of the Old Media Empires" and NPR's media correspondent, told CBS News.

He added, "Think of the invasion of Iraq in 2003, which he promoted through Fox News, through the New York Post and the Weekly Standard, which gave ballast to [then-President] George Bush."

But Murdoch's support of conservative viewpoints also fed into political outcomes now viewed as "disastrous," such as Brexit in the U.K., Folkenflik added. And in the U.S., Murdoch privately disparaged former President Donald Trump even as some Fox News hosts were promoting his falsehoods about the 2020 presidential election, with the latter leading to Fox News' massive settlement with Dominion.

Murdoch allowed Fox News hosts to promote election conspiracies "in order to try to hold on to Trump's core voters who were many of Fox News' core viewers," Folkenflik said.

"Time is right"

In the statement, Lachlan Murdoch said his father would "continue to provide valued counsel to both companies."

"We thank him for his vision, his pioneering spirit, his steadfast determination, and the enduring legacy he leaves to the companies he founded and countless people he has impacted," he said.

With Rupert Murdoch stepping back from a leadership role, Lachlan Murdoch's role is solidified as his father's successor, and he will oversee tabloids including the New York Post as well as Fox News and Fox Entertainment.

In a memo shared with CBS News, Murdoch underscored that he is stepping back while he's in good health, but added that the "time is right for me to take on different roles."

"Our companies are in robust health, as am I," he said in the memo.

The media mogul added that Lachlan Murdoch is "absolutely committed to the cause of freedom," while also aiming a potshot at "elites" who have "open contempt for those who are not members of their rarefied class."

Start in newspapers

Murdoch, a native Australian who later became a U.S. citizen, was born into the media business, as his father owned several Australian newspapers.

When Murdoch was studying at Oxford University, his father died, putting his 21-year-old son in charge of The News and The Sunday Times. Murdoch soon boosted the papers' circulation by reorienting their coverage to focus on scandal, sex and crime — a formula he would hone over his decades-long career.

In the 1960s, Murdoch began acquiring other Australian newspapers, eventually controlling two-thirds of that country's newspaper circulation. In the 1970s, he expanded outside the country, taking over the News of the World and The Sun in the U.K. and The San Antonio Express-News, New York Post and Village Voice in the U.S.

In 1985, Murdoch united several TV stations under the umbrella of Fox Corp. and then Fox News, which soon overtook ABC, CBS and NBC in viewership.

Murdoch's personal life was nearly as colorful as the stories in the tabloids he owned, with the family's internal power struggles said to have inspired the hit HBO series "Succession."

Who is Lachlan Murdoch?

The issue of succession at News Corp. and Fox has been a matter of speculation, given that three of Rupert Murdoch's grown children have been involved in the media industry and the family businesses to various extents.

Lachlan Murdoch, 52, currently serves as the executive chair and CEO of Fox Corp., and in previous years served as the publisher of the New York Post and oversaw book publisher HarperCollins. In 2015, Lachlan and his brother James, 50, were appointed to leadership positions within the family's media business, prompting speculation that the pair were competing to succeed their father.

#where are my succession girlies at #rupert murdoch

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maaarine · 1 year

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MBTI & Tech

Sam Bankman-Fried: ENTP

“Samuel Bankman-Fried (born March 6, 1992), also known by his initials SBF, is an American entrepreneur, investor and former billionaire.

He is the founder and former CEO of FTX, a cryptocurrency exchange; FTX.US, its U.S. affiliate; and Alameda Research, a quantitative cryptocurrency trading firm.

FTX experienced a solvency crisis in late 2022, which led to a collapse in FTX's native cryptocurrency, FTT.

Amid the crisis, Bankman-Fried announced he would wind down operations at Alameda Research and resigned as CEO of FTX, which filed for Chapter 11 bankruptcy.

Bankman-Fried's net worth peaked at $26 billion. In October 2022, he had an estimated net worth of $10.5 billion.

However, on November 8, 2022, amid FTX's solvency crisis, his net worth was estimated to have dropped 94% in a day to $991.5 million, according to the Bloomberg Billionaires Index, the largest one-day drop in the index's history.

By November 11, 2022, the Bloomberg Billionaires Index considered Bankman-Fried to have no material wealth. (…)

One day after FTX declared bankruptcy, on November 12, Bankman-Fried was interviewed by the Royal Bahamas Police Force.

Bankman-Fried began publishing a series of very short "cryptic" messages in a sequence on Twitter starting 14 November.

The tweet started with simply, "1) What" and a series of one-letter tweets that, when combined, spelled out the message, "What HAPPENED."”

Sources: video, wiki/Sam_Bankman-Fried. Screencaps: transcript.

#sam bankman-fried #sam bankman fried #sbf #entp #mbti #mbticelebs #mbtitech

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reportwire · 2 years

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5 richest athletes of all time | Are they all billionaires?