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The world could have its first trillionaire within a decade, anti-poverty organisation Oxfam International said Jan 15 in its annual assessment of global inequalities timed to the gathering of political and business elites at the Swiss ski resort of Davos.
Tesla CEO Elon Musk, whose recent business ventures include continued negotiations to purchase Twitter for US$44bil (RM194.65bil) and opening a Tesla gigafactory in Austin, could become the world’s first trillionaire as early as 2024, according to a report from software company Tipalti Approve.
A study claiming that Amazon founder and CEO Jeff Bezos is on track to become the world’s first trillionaire has sparked some heated discussion among users on social media.
The CEO of the Bill & Melinda Gates Foundation has a message: Hey billionaires, give away more of your money to address inequality and do it soon.
THERE comes a moment in the development of a new technology when the hype is so common it passes for common sense.
The Greek tragedy unfolding in the financial press over the past week is the story of Sam Bankman-Fried, the would-be cryptocurrency tycoon and political kingmaker whose multibillion-dollar empire has sunk like the Titanic after its encounter with the iceberg.
Tech is full of smart people who build, run and invest in successful companies that have produced a tremendous amount of innovation. But the industry’s recent spate of failures and reversals has made one thing clear: Many of its leaders aren’t as smart as they thought they were.
Crypto believers argue that snags are to be expected in an industry that’s still in its early days. It will find its footing, they say. Perhaps. Whatever the future holds, there sure were a ton of major screw-ups in 2021.
SAN FRANCISCO (Reuters) - Tesla Inc CEO Elon Musk did not participate in the company's earnings conference call for the first time on Wednesday, making him one of the rare top executives in the United States to miss the quarterly ritual of talking to Wall Street.
