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Asides

Musk says Tesla will hold shareholder vote ‘immediately’ to move company’s incorporation to Texas

The billionaire justified the decision on the results of an unscientific poll run on his X account a day earlier.

  • By Siladitya Ray
  • Forbes Staff

Elon Musk no longer world’s richest person after judge voids $51 billion pay package

A decision by a Delaware judge late Tuesday afternoon has multibillion-dollar implications regarding Musk’s fortune.

  • By Matt Durot
  • Forbes Staff

Billionaire PayPal co-founder backs doping-friendly Olympics — the ‘Enhanced Games’

“Sports can be safer without drug testing,” the Enhanced Games claims, adding its reformed contest will let “athletes become superheroes.”

  • By Robert Hart
  • Forbes Staff

Judge voids Elon Musk’s eye-watering US$56 billion pay package from Tesla

Tesla shares dropped around 2% in after-hours trading following the ruling.

  • By Antonio Pequeño IV

Elon Musk is the world’s richest person again after Tesla shares rise

Musk’s net worth rose by $5.5 billion on Monday, as Tesla’s share price rallied 4.2% after a major slump last week.

  • By Siladitya Ray
  • Forbes Staff

Lang Walker, billionaire property developer, dies aged 78

Lang Walker AO, a titan of the Australian property development industry and a noted philanthropist, has passed away at the age of 78.

  • By Samuel Hussey
  • Head of News & Life

Bernard Arnault overtakes Elon Musk as richest person in the world

French billionaire Bernard Arnault—owner of luxury brands like Louis Vuitton and Sephora—is now the richest man in the world.

  • By James Farrell

Billionaire Joe Lewis—former owner of Tottenham Hotspur—pleads guilty to insider trading

Joe Lewis was indicted on 16 counts of securities fraud in July.

  • By Mary Whitfill Roeloffs

How Phil Knight fast-tracked Nike

As the shoe and apparel brand celebrates its 60th anniversary, here’s a look back at a 1981 Forbes profile of Nike’s billionaire cofounder.

  • By Brett Knight
  • Forbes Staff

Meta stock sets record high – How it emerged from 77% plunge and Metaverse fiasco

Mark Zuckerberg’s social media giant has lost $25 billion in Zuckerberg’s pet metaverse division since 2022, but investors have been lured back by record profits in the core social media business.

  • By Derek Saul
  • Forbes Staff
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