Elon Musk’s fortune is growing at an unprecedented pace. He has become the first person in history whose wealth surpassed the $700 billion mark. According to TASS, citing Forbes magazine, there was a sharp surge in the entrepreneur’s capital following an important court decision in the United States. The publication estimates that Musk’s total fortune has reached $749 billion. The growth in wealth is attributed to a Delaware Supreme Court verdict that reinstated Musk’s right to receive compensation in the form of Tesla stock options. This decision alone increased his capital by $139 billion in one day, putting him almost out of reach of other billionaires.
In the current Forbes ranking, Musk confidently holds the first position. Following him is Google co-founder Larry Page with a fortune of $252.7 billion, Oracle’s Larry Ellison with $242.8 billion, and Amazon founder Jeff Bezos, whose wealth is estimated at $239.4 billion. On December 15, Elon Musk crossed the $600 billion mark for the first time in history, which was then reported as $638 billion.
In a striking illustration of the soaring value of high-end technology, a thief in South…
A New Chapter in a Shadowy SagaChina's reusable spaceplane, "Shenlong" or "Divine Dragon," has once…
Apple has announced that its manufacturing partner, Foxconn, will begin assembling certain Mac mini computers…
After a brief slowdown for the Chinese New Year celebrations, Xiaomi's rollout of its HyperOS…
A recent photo leak by blogger Sahil Karoul has sparked a debate in the tech…
In the wake of the Lunar New Year festivities, the smartphone market is stirring with…