Following Donald Trump’s victory in the US presidential election, Tesla CEO Elon Musk’s net worth skyrocketed, surpassing $300 billion. The article delves into the factors contributing to Musk’s wealth surge, including his support for Trump and the impact on Tesla shares. It also explores the fortunes of other leading billionaires like Larry Ellison, Jeff Bezos, and Mark Zuckerberg.
While Donald Trump’s victory in the US election garnered significant attention, the financial landscape also witnessed a dramatic shift. Eight out of the nine American billionaires in the Bloomberg Billionaires Index’s Top 10 saw their wealth skyrocket, with a collective surge of $63.5 billion. Elon Musk emerged as the biggest beneficiary, with his wealth soaring by $26.5 billion, likely due to his vocal support for Trump. Other prominent figures like Jeff Bezos, Larry Ellison, and Bill Gates also experienced substantial gains, highlighting the impact of the election on the world’s wealthiest individuals.
The Hurun India Rich List 2024 sheds light on the remarkable expansion of wealth across India, with notable growth in the number of billionaires in various states. The list highlights the rise of new economic powerhouses, particularly in technology and innovation, while traditional financial hubs continue to dominate.
This article explores the perplexing phenomenon of billionaire support for Kamala Harris’s presidential campaign, arguing it’s not about policy or economics but a cultural and psychological aversion to Donald Trump. The author, Steve Hilton, contrasts the Democrats’ embrace of wealth with the GOP’s transformation into a party representing the working class, culminating in a historic political revolution led by Donald Trump.
Elon Musk, in an interview with Tucker Carlson, alleged that certain billionaires backing Kamala Harris are terrified of Donald Trump releasing the Epstein client list, potentially exposing their names. Musk specifically named Reid Hoffman and Bill Gates, suggesting they are among those worried about the list’s potential release. He also claimed there is a significant overlap between the top 100 ‘puppet masters’ of Kamala Harris and the Epstein client list, and expressed astonishment that no one on the list has been prosecuted.
Even billionaires like Elon Musk, Mark Zuckerberg, and Jay-Z choose to take out mortgages on their homes, despite having the financial means to buy outright. This strategy is about more than just saving money – it’s about smart financial management, maximizing returns, and maintaining financial flexibility.
Bao Fan, a prominent Chinese businessman, vanished in 2023, joining a growing list of Chinese business leaders and politicians who have mysteriously disappeared from public view. While authorities have claimed these disappearances are related to anti-corruption investigations, the lack of transparency and the pattern of these events raise concerns about the Chinese Communist Party’s tactics and its use of intimidation against its citizens.
Shahid Khan, owner of the Jacksonville Jaguars, has made his new superyacht, Kismet, available for charter at a staggering $3 million per week. The 122-meter vessel features luxurious amenities including a Balinese-inspired spa, a gym, multiple pools, and even a basketball and pickleball court. This move highlights the growing trend of billionaires monetizing their luxury assets and the increasing demand for exclusive experiences among the ultra-wealthy.
Selena Gomez has officially joined the billionaires club, thanks to the success of her beauty brand, Rare Beauty. The 32-year-old singer, actress, and entrepreneur now boasts a net worth of $1.3 billion, making her one of the youngest female billionaires in the United States.
Selena Gomez has achieved billionaire status at the age of 32, primarily through the success of her beauty brand, Rare Beauty. Her estimated net worth of $1.3 billion comes largely from her 81.4% stake in the company, which has been valued at $2 billion. Gomez also co-founded the mental health platform Wondermind, further contributing to her wealth.
