Billionaire interest rates

September 20, 2024
Yesterday, the Federal Reserve cuts US interest rates for the first time in four years. America’s central bank, which lifted rates to a two-decade high announced a cut of 50 basis points. Back in 2023, Billionaire and Millionaire investors were adding to their cash mountains, betting on higher interest rates and weak stock markets. More than a […]
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How did billionaire, Jared Isaacman, first-ever private spacewalk, make his money?

September 12, 2024
How did billionaire, Jared Isaacman, first-ever private spacewalk, make his money? American billionaire Jared Isaacman completes his historic SpaceX Polaris Dawn private spacewalk and gives emotional first words: 'From here Earth sure looks like a perfect world'. But who is Jared Isaacman, how did he make his money and who and when did he go in […]
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Elon Musk Trillionaire

September 9, 2024
Elon Musk Trillionaire. Elon Musk Is Set to Become World’s First Trillionaire by 2027 A new report has predicted that Elon Musk, CEO of Tesla and SpaceX, could hit trillionaire status by 2027. According to a report by Informa Connect Academy, which monitors global wealth, Elon Musk is anticipated to become the world's first trillionaire […]
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How did Elon Musk get involved with Tesla?

June 21, 2024
In the early 2000s, Elon Musk co-founded Tesla “to accelerate the advent of sustainable transport by bringing compelling mass-market electric cars to market as soon as possible." Fast-forward to 2021, and the company's earnings sat at a mighty $53.82 billion, with its CEO’s net wealth currently at approximately $262.9 billion. For many years now, Tesla […]
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Musk Has Donated Nearly $2bn of Tesla Shares to Charity

February 15, 2023
Last year, Elon Musk made a charitable donation of approximately $1.95 billion worth of shares in his electric car company.
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The Cult of the CEO

January 31, 2023
Using Elon Musk as a textbook, we discuss why celebrity CEOs exhibit terrible governance policies. The key to corporate success is good corporate governance. Any CEO worth their salt is a humble leader with eager, engaged, and educated critics at board level to keep decisions in check. Inversely, ego, inexperience and unwavering control are red […]
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Elon Musk Sells $3.6bn of Tesla Shares

December 16, 2022
Multi-billionaire Elon Musk is no longer the richest person in the world after he sold another 22 million shares, worth $3.6bn in his electric car maker Tesla.
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Musk to Charge $8 per Month for a Blue Tick on Twitter

November 3, 2022
Following the official $44bn takeover of Twitter, Musk said the move was "essential to defeat spam/scam". Currently, the blue tick symbol which appears next to a user's name is free. It is received after a short online application form and is reserved for high-profile users like celebrities and politicians. "Power to the people! Blue for […]
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Will Your Company Survive A Recession According To Elon Musk?

October 25, 2022
People have been warning about a recession throughout most of 2022.
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Elon Musk Jokes About Buying Manchester United

August 17, 2022
On Wednesday, Elon Musk caused a stir by tweeting that he was purchasing English football club Manchester United. Later, the Tesla billionaire tweeted again, informing his followers that it was a joke. Early Wednesday, Musk tweeted about his political affiliations and then added in a second tweet: "Also, I'm buying Manchester United ur welcome." The […]
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Tesla CEO Elon Musk Sells 7.92 Million Company Shares

August 10, 2022
A series of financial filings published on Tuesday has revealed that Tesla CEO and world’s richest man Elon Musk has sold 7.92 million shares of Tesla, worth approximately $6.88 billion.  The SEC filings show Musk’s transactions took place between August 5 and August 9, soon after the electric vehicle company’s 2022 annual shareholder meeting on […]
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Elon Musk’s SpaceX Finally Reaches Major Goal

July 11, 2022
SpaceX, which was founded in 2002 by Elon Musk, has completed its first-ever launch to polar orbit for its Starlink internet network, enabling complete coverage of Earth. On Sunday, a SpaceX Falcon 9 rocket lifted off from the Vandenberg Space Force Base in California to deliver 46 Starlink satellites into low-Earth orbit. “These polar launches […]
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