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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

PayPal cutting 2,500 jobs this year, reports

Last January, PayPal laid off some 2,000 people.

  • By Ana Faguy
  • Forbes Staff

Amazon’s US$1.4bn iRobot deal blocked: Inside the tech giant’s first failed buy

Amazon’s proposed acquisition of Roomba maker, iRobot, has been scrapped over EU antitrust regulatory concerns.

  • By Anastasia Santoreneos
  • Forbes Staff

How will Evergrande’s liquidation impact Australia?

The China Evergrande Group has US$300-billion in liabilities and was put into liquidation by a Hong Kong judge yesterday. Once the largest property developer in China, the fate of Evergrande is expected to impact Australian exports.

  • By Shivaune Field
  • Business Journalist

Five women in power share the best career advice they ever received

Five female leaders who will speak at the Women’s Summit on 26 March in Sydney share the best piece of career advice they ever received.

  • By Anastasia Santoreneos
  • Forbes Staff

Evergrande ordered to liquidate. So what’s next for the world’s most indebted developer and its founder?

A Hong Kong court on Monday ordered Evergrande to be wound up after more than two years since defaulting on its debts, marking another grim milestone for Hui Ka Yan, once Asia’s richest person.

  • By Yue Wang - Contributor

Inside Saudi Arabia’s US$800 billion tourism moonshot

The Middle East kingdom is on massive building spree—creating private islands, luxury hotels, theme parks, cruise ports, even a desert ski resort. The question remains: If they build it, who will come?

  • By Suzanne Rowan Kelleher
  • Forbes Staff
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