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Billionaire

This billionaire couple has a plan to give away a $20 billion Facebook fortune

Former journalist and wife of Facebook cofounder Dustin Moskovitz, Cari Tuna steered millions into AI safety research ahead of ChatGPT’s launch. Here’s what’s next.

  • By Phoebe Liu

Tesla approves Musk’s potential trillion-dollar payday

Tesla shareholders approved a compensation package Thursday for CEO Elon Musk that could be worth close to $1 trillion, a deal proposed by Tesla’s board as crucial to keeping the world’s richest man at the company, though the payment plan was challenged in recent weeks by some of the automaker’s largest shareholders.

  • By Ty Roush
  • Forbes Staff

Mark Zuckerberg drops to sixth-richest after Meta stock slides

A stock dip comes after Reuters reported Meta estimated a chunk of revenue would come from running fraudulent ads.

  • By Ty Roush
  • Forbes Staff

To infinity and beyond: The Mowbray siblings assembled a billion-dollar fortune from cheap toys. Can they create something grander?

Nick Mowbray is working from home, a 12-bedroom mansion in Coatesville, New Zealand. It’s the former abode of cyber-renegade Kim Dotcom, and it’s here that Dotcom was arrested by heavily armed police in 2012.

  • By Noah Kirsch

Asides

Billionaire winners and losers in Tuesday’s US elections

More than 26 billionaires gave to campaigns to defeat New York City Mayor-elect Zohran Mamdani.

  • By Sara Dorn
  • Forbes Staff
Jeff Bezos, Amazon Founder & Executive Chair and Laura Sánchez attend the Los Angeles premiere of Amazon Prime Video's "The Lord of The Rings: The Rings of Power" at The Culver Studios on August 15, 2022 in Culver City, California.

Jeff Bezos becomes $10 billion richer as Amazon’s OpenAI deal boosts stock

Jeff Bezos’ stake in Amazon is up almost $30 billion since Friday.

  • By Mary Whitfill Roeloffs

Reddit’s CEO debuts as a billionaire 20 years after cofounding the company

Strong ad sales have propelled Huffman into the billionaire ranks. Now he’s charting a new course, aiming to become invaluable to AI companies.

  • By Monica Hunter-Hart

NBA approves $10 billion Lakers sale to dodgers owner Mark Walter

Jeanie Buss will keep a small stake in the franchise as majority ownership is transferred to LA Dodgers owner Mark Walter.

  • By Antonio Pequeño IV

Trump pardons billionaire Binance founder—and his crypto ally—Changpeng Zhao

Zhao served a four-month prison sentence after earlier pleading guilty to money laundering charges.

  • By Ty Roush
  • Forbes Staff

Uniqlo’s billionaire founder Tadashi Yanai receives the Malcolm S. Forbes Lifetime Achievement Award

The award recognizes a lifetime of achievement and is a celebration of the global business success bestowed upon an individual who embodies and exemplifies the ideals of entrepreneurship championed by the late Malcolm S. Forbes, the legendary publisher of Forbes.

  • By Jonathan Burgos
  • Forbes Staff
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