LVMH chief Bernard Arnault and Reliance Industries chairman Mukesh Ambani—the world’s fifth- and eighteenth-wealthiest people—attended President Donald Trump’s inauguration events Monday, marking a pair of surprise billionaire appearances at the event attended by a cadre of moguls worth well over $1 trillion.
The "Magnificent 7" are set to dominate earnings focus in the coming week, as five of these tech giants are due to report, though there are still a number of other big names releasing results. Tesla (TSLA),
Montaka Global Investments, an investment management company, released its fourth quarter 2024 investor letter. A copy of the letter can be downloaded here.
Mr Trump is more transactional than presidents before him, which increases the risk of cronyism and self-dealing. But America’s economy, including its technology industry, is too unwieldy and dynamic to petrify into an actual oligarchy, whatever diplomats and departing presidents say. ■
Elon Musk, Jeff Bezos, and three others are projected to become trillionaires over the next decade, further deepening global inequality as poverty levels remain stagnant.
Trump's inauguration drew several business and tech CEOs, including Jeff Bezos, Mark Zuckerberg, Elon Musk, Tim Cook, and TikTok's Shou Zi Chew.
2 Remember when George Washington and Abraham Lincoln cashed in on their presidencies by selling commemorative medallions? Oh, wait. They didn’t do anything like that. But Mr. Trump did. He capitalized on his newfound power by issuing a crypto token. What is it called?
Billionaires like Elon Musk and Jeff Bezos owe their success to prestigious universities, shaping their paths through innovation and education.
This year's list highlights several tech-driven tycoons from the United States who have leveraged education and innovation to amass their fortunes.
The blue-chip FTSE 100 dipped 0.3% by 1214 GMT, but still looked on course for its fifth straight week of gains. The benchmark hit a record high this week, as global stocks surged on signs that U.S. President Donald Trump was taking a softer stance towards tariffs against China and looking to boost the U.
Following Quang's removal, Vietnam had only five billionaires on the Forbes list as of January 24, 2025, with a combined net worth exceeding $12 billion. Pham Nhat Vuong, chairman of Vingroup, continues to lead the pack as the wealthiest Vietnamese billionaire, with a net worth of $4.1 billion.
The perfume retailer is gearing up to expand internationally in 2025, with its first store outside of UK opening in Dublin later this year