CEO News

Revolut is now the UK’s most valuable fintech firm ever, making co-founder Storonsky, who owns more than 20% of the company, a paper billionaire several times over. His net worth is estimated to sit around the $7 billion mark, up from $1.1…

Hochgeschurtz’s appointment comes at a time when Stellantis, of which Opel is a subsidiary, is entering into the electric vehicle’s market and expanding its commercial activities, including in China. Hochgeschurtz will succeed Michael…

Ahead of Jeep’s push into electric vehicles, the car giant is updating one of its smallest SUVs with a redesigned interior and new technologies. New features will include blind-spot monitoring and active emergency braking as standard safety…

Warren Buffett’s multi-billion dollar company will receive a $1.3 billion refund on the proposed purchase of Questar Pipelines. The deal would also have included a $430 million of Dominion Energy’s debt when the deal was announced last…

The billionaire Virgin Group founder flew high above New Mexico, US, in the rocket plane that Virgin Galactic has been developing for close to two decades. Richard Branson said the trip was an experience of a lifetime, safely returning to…

Steve Ballmer is the ninth person to reach the $100 billion milestone, amongst the likes of Amazon founder Jeff Bezos, Microsoft’s Bill Gates, French businessman Bernard Arnault, and Facebook’s Mark Zuckerberg. Since the start of 2021,…

The agreement allows Bill and Melinda Gates a two-year trial, after which Melinda could step back from the organisation if the pair are unable to co-operate effectively. The agreement stated that Melinda would receive personal resources…

On Monday, private jets descended on Sun Valley in rural Idaho as the annual Sun Valley conference for tech and media leaders began. The gathering unites the tech, design, sports, and film industries each year, although last year’s event…

On Monday, the Society of Motor Manufacturers and Traders (SMMT) revealed that 5,468 of the Tesla Model 3 were sold in June, catapulting it to the top of Britain's best-selling list for June. Its closest rival was the Volkswagen Golf, which…

Jeff Bezos founded multinational tech giant Amazon in 1994, out of his garage in Seattle. The company began as an online bookstore, primarily competing with local book retailers and Barnes & Noble. However, Amazon soon began to expand…

July 11 will mark Virgin Galactic’s fourth test spaceflight and its first flight with a crew of four on board. Virgin Galactic founder Sir Richard Branson is aiming to beat fellow billionaire Jeff Bezos to space, with Bezos currently…

82-year-old Mary Wallace “Wally” Funk, who spent six decades trying to reach space, will now join billionaire Amazon founder Jeff Bezos on the first crewed flight by his space company later this month.  Wally Funk underwent training in…