New billionaires 2025: Schwarzenegger, Seinfeld, Springsteen and 285 others join the ranks this year
Meet the newest members of the three-comma club.
Billionaires
Why the odds are stacked against this sports gambling billionaire’s home exercise startup
Shalom Meckenzie made a $1.4 billion fortune after merging his software company with DraftKings. He now believes his new fitness company, Amp, could be even bigger—just don’t remind him about Peloton. Or Mirror. Or…
Venice will host Jeff Bezos’ wedding, city says—denying ‘fake news’ about event
The Italian city said speculations about the event are “completely unfounded.”
Things are bad at Tesla. They’re about to get much worse.
The EV company’s sales are tanking in all major markets as its Chinese rivals are surging. But Tesla’s problems are just beginning.
Australia’s largest pension fund sells $367M WiseTech shares on governance concerns
The divestment comes after WiseTech appointed its founder Richard White as executive chairman last month, enabling the tycoon to take back control of the company four months after quitting as CEO following a series of damaging media reports.
Five people who could run Tesla better than Elon Musk
The EV maker is struggling as anti-Elon Musk sentiment sparks Tesla boycotts and protests. It’s not likely to happen, but who could step in if he relinquished the reins?
‘Crisis forming’ at Tesla as Elon Musk dedicates himself to DOGE, bullish analyst warns
“I loudly urge Musk and the Board to step up, stop being silent, and help resolve this crisis forming at Tesla,” wrote Wedbush analyst Dan Ives.
Tesla is no longer Elon Musk’s most valuable asset
The EV maker has been the single biggest part of his ever expanding fortune for years. No more, as Tesla’s stock comes crashing down.
Here’s how much American billionaires have lost since Trump’s inauguration
Expectations were that billionaires would be the big winners in a Trump America 2.0. Instead, their fortunes have plummeted in the first eight weeks. Here are the biggest losers.
Billionaire climate activist Mike Cannon-Brookes defends F1 sponsorship, private jet use
Australian tech billionaire and climate activist Mike Cannon-Brookes has defended his company’s sponsorship of the Williams Formula 1 team and his use of a private jet, emphasizing the need for pragmatic trade-offs in the pursuit of sustainability.