Billionaires

Tesla’s reinterpretation of the pickup truck should arrive in November, though at low volume. And the company’s billionaire CEO declined to provide a 2024 sales target.

Tesla stock fell after a poor earnings report and ominous statements from CEO Elon Musk.

Prosecutors accuse the former president of intentionally inflating the value of assets to boost his net worth.

Trump’s lender fell for lies about how big, and possibly how profitable, his properties actually were.

Britain’s richest man Ratcliffe may now be on the cusp of taking over the Premier League’s most valuable team, though Bloomberg reports he may initially buy only a quarter of the club.

Atlassian—the team collaboration software company cofounded by Mike Cannon-Brookes—said Thursday it has agreed to buy video messaging platform Loom for $975 million, betting more work will be done remotely in the future.

Shares of Digital World Acquisition Corp. are down more than 80% from last spring as its merger with Truth Social’s parent company faces increased hiccups.

So far, a small number of the world’s billionaires have publicly stepped up with donations to humanitarian groups working in Israel.

LVMH reported a major slump in growth in its third-quarter results amid weakening demand for luxury goods.

There are currently only 28,420 centi-millionaires (those who hold US$100 million and above in investable assets) in the world. A new report reveals where the majority live.