Sydney Sweeney’s Tropical Paradise: A New Star in the Florida Keys
22 June 2024
Euphoria in the Keys “Euphoria” actress Sydney Sweeney recently bought a 7,720 sq ft oceanfront house in the Florida Keys, joining other celebrities in the area. The property features six bedrooms, six bathrooms, an infinity pool, a priv...
Massive Company Stock Sell-Off: Bezos, Black, Dimon, Walton Family Cash Out $11 Billion
28 February 2024
Inside the Billionaire Exodus As the market scales dizzying heights, a wave of high-profile figures is seizing the opportunity to offload hefty chunks of their company shares. From tech titans to financial moguls, the sell-off frenzy is hitting head...
Elon Musk Upset Over Bezos Snub After 2004 SpaceX Tour, Reveals New Book
13 September 2023
Musk and Bezos in rivalry Elon Musk's SpaceX and Jeff Bezos' Blue Origin have ignited a fierce battle for space dominance, creating what many call the "billionaire space race." Let's dive into the key moments ...
The Financial Times unveils its ranking of most influential women of the year
1 December 2022
People of the Year American singer Billie Eilish, described as the "voice of a generation", British Prince Harry's wife, the Duchess of Sussex Meghan Markle, and retired tennis player Serena Williams have been named among the 25 most powerful women ...
Mark Zuckerberg's fortune shrunk by $11bn after Meta shares plunged
28 October 2022
After the stock plunge The fortune of Mark Zuckerberg, the head of Meta Corp. on Thursday decreased by $11 billion after a significant drop in the company's shares on the back of the publication of i...
Amazon to open its first clothing retailer in 2022
20 January 2022
Amazon as a fashion shop US corporation Amazon will open its first Amazon Style apparel retail shop this year and it will be located in Los Angeles, California. This is according to a press release posted on the company's website on T...
CEOs and insiders sold a record $69bn worth of shares
2 December 2021
A record amount of shares Elon Musk, Jeff Bezos and other CEOs and corporate insiders have sold shares in their companies for record amounts in 2021. Sales may pick up in December. Here's what investors need to know. Inside...
U.S. congressional committee members suspected Amazon of perjury at hearing
18 October 2021
Charges of perjury Five members of a US congressional committee have suspected Amazon executives, including Jeff Bezos, of giving false testimony at hearings in 2019 and 2020. The Wall Street Journal reported this on Mo...
Mark Zuckerberg loses $6 billion to Facebook shutdown
5 October 2021
Losing money due to social networking problems Facebook shares fell about 5 per cent on Monday due to a long shutdown affecting the social media giant, as well as Facebook-owned Instagram and Whatsapp. Facebook's falling share price ...
Jeff Bezos has offered to cover NASA's costs in exchange for a contract in the lunar programme
27 July 2021
Swap for contract Blue Origin and Amazon founder Jeff Bezos has offered to finance part of the US National Aeronautics and Space Administration's (NASA) budget deficit in exchange for a contract to develo...
Blue Origin has been licensed to fly people into space on New Shepard
13 July 2021
License to fly into space The U.S. Federal Aviation Administration (FAA) has approved a license for Blue Origin to fly suborbital spacecraft New Shepard with people on board. This was reported by Reuters on Monday, citing a statement from&...
Amazon shares rose to record highs
7 July 2021
Company shares and new head Amazon shares rose 7% in the past two trading days after CEO Jeff Bezos handed over to Andrew Jassy, who headed AWS's cloud division. A big boost to the stock was the Pentagon's decision to cancel ...
Elon Musk made $9.9bn rich in a week
28 June 2021
Tesla CEO's finances Tesla and SpaceX CEO Elon Musk's fortune has risen by $9.9bn in the past week, Forbes reports. Musk is in third place on the Forbes list, his fortune is estimated at $165.9 billion. The entrepreneur is ahead of Amazon CEO Jeff ...
Amazon's total revenues up 44%
4 May 2021
Amazon's report Amazon shares rose after the company reported first-quarter results above analysts' expectations. Amazon's total revenues rose 44 per cent. The company said it will hold its Prime Day sale in June giving it a...
Amazon’s quarterly profit more than triples on strong revenues
30 April 2021
Amazon's revenues beat experts' expectations US corporation Amazon's sales revenues in the first quarter of this year amounted to $108.5 billion, according to the company's financial statements released on Thursday. The figure was a record for this ...
Trading on the stock exchange brought in $25bn to Elon Musk in 24 hours
10 March 2021
Elon Musk's fortune Earlier, the entrepreneur's fortune in terms of his ownership stake in Tesla had fallen by $27bn. Shares in the Tesla company owned by Elon Musk continue to rise significantly in trading on Wednesday, boosting the entrepreneur's...
Amazon chief plans to spend $10bn on climate change by 2030
10 March 2021
Investing in an environmental fund Amazon CEO Jeff Bezos plans to spend the $10 billion he has invested in the Bezos Earth Fund by 2030. This was reported by ABC television channel on Wednesday, citing a statement by the director of t...
The fortunes of the founders of popular services
7 February 2021
The world's richest people In recent years, the shares of famous companies are rising, and the owners of these companies are getting richer, respectively. The fortune of Elon Musk, head of Tesla and SpaceX, rose by $11.5 billion over the week amid ...
Bezos announced his resignation from the post of CEO
4 February 2021
The company's new CEO Amazon ended 2020 with a record 118% growth in earnings per share and 44% growth in revenues, ending the year with the biggest numbers in its history. Andy Jassy, head of AWS cloud, will replace Jeff Bezos as Amazon CEO in the ...
Elon Musk ready to sell all assets to colonise Mars
10 January 2021
Mars repopulation Last year, the entrepreneur had already declared his readiness to sell all his assets. Explaining his decision then, Musk said: "Property just drags you down". The media linked such plans of the businessman to his move to Texas. S...
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