Parker Conrad is bringing Rippling, his US$11.25 billion work management platform to Australia, nearly a year after Silicon Valley Bank’s collapse forced the business to liquidate $130 million to process its customers’ payrolls.
The world’s third-richest person sold some of his Amazon stock for the first time in more than two years.
L’Oreal heiress Francoise Bettencourt Meyers’ net worth fell as L’Oreal stock tanked 8%, its worst single-day slide since the peak of the Great Recession.
Forbes introduces the first ever ranking of decabillionaire families, who are worth $10 billion or more. Some famous families make the cut; others like the Kennedys and Gettys fall short.
The vast majority of U.S. billionaires are founders who started companies or heirs who mostly lucked into their fortunes. A tiny subset got hired into jobs that made them super rich.
The former WeWork CEO previously resigned after the company valued at $47 billion failed to produce a successful IPO.
Uninspiring earnings and a “black cloud” from Elon Musk drama have sent Tesla shares down 27% in 2024.
The billionaire justified the decision on the results of an unscientific poll run on his X account a day earlier.
A decision by a Delaware judge late Tuesday afternoon has multibillion-dollar implications regarding Musk’s fortune.
“Sports can be safer without drug testing,” the Enhanced Games claims, adding its reformed contest will let “athletes become superheroes.”