Money and Wealth

Tesla’s stock surged by 12% on Wednesday morning, boosting the share price to over $288 by early afternoon and pushing the company’s stock past its 52-week high of $273.54 set on October 27. This jump added nearly $20 billion to CEO Elon Musk’s net worth after Donald Trump was re-elected...

Mallorcan businessman Miguel Fluxá Roselló holds the sixteenth largest fortune in Spain, valued at $2.15 billion, while tennis legend Rafael Nadal ranks as the wealthiest athlete in the country with a net worth of %333 million. Nadal’s career earnings, adjusted for taxes and deductions, are estimated to be between $500...

Amazon's founder, Jeff Bezos, recently divested over $3 billion in Amazon shares, cementing his status as the world’s second-richest individual. His cumulative sales for the past year now total $13 billion. According to a regulatory filing, the latest sale includes over 16 million shares. This move coincides with Amazon’s stock...

Nastya Radzinskaya, a 10-year-old from Krasnodar, has once again secured a place among the world's top 10 highest-earning YouTube bloggers in 2024. This young internet sensation achieved the seventh position on the list, with her annual income estimated at approximately $28 million. Her channel, Like Nastya, has amassed an impressive...

Wang Shuo, a 35-year-old Chinese-born entrepreneur, has rapidly become one of the youngest and wealthiest individuals in China, boasting a net worth of approximately US$1.2 billion. Her financial ascent captured widespread attention following the publication of the Mainland Rich List on October 29. Wang has also made her mark in...

Nigeria’s wealthiest individuals, including billionaires Aliko Dangote, Mike Adenuga, and Abdulsamad Rabiu, have refined investment strategies that reflect both their acumen and the multifaceted Nigerian economy. UBS data recently highlighted a 19.7% increase in national wealth attributed to these three titans, underscoring their impact on the economy. Key Strategies Nigerian...

The longstanding rivalry between mining magnates Gina Rinehart and Andrew Forrest has escalated after a recent billion-dollar acquisition by Mineral Resources. Described by some as the Australian counterpart to Tesla and Edison’s historic feud, this clash places iron ore at the heart of the competition rather than electricity. Both Rinehart...

A company owned by Anders Holch Povlsen, one of Scotland's wealthiest landowners, has acquired the historic Dores Inn, a well-known pub situated on the shores of Loch Ness in the village of Dores, approximately 10 miles south of Inverness. WildLand, Povlsen’s conservation and hospitality enterprise, confirmed that the pub would...

Sarath Ratanavadi, Thailand's wealthiest individual, has seen his net worth soar past $16 billion, spurred by a substantial rise in his holdings across the energy and telecommunications sectors. The 59-year-old billionaire’s fortune has grown by around $7 billion over the past three months, as indicated by the Bloomberg Billionaires Index,...

Since 2002, Elon Musk has fathered 12 children, though he endured a heartbreaking loss when his first child passed away from sudden infant death syndrome at just 10 weeks old. Now, Musk is setting the stage for a unique family dynamic by bringing his 11 surviving children and their mothers...