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...
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...
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...
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&...
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 ...
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 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 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 ...
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...
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 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 ...
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...
The world's richest man
Tesla CEO Elon Musk has become the richest businessman in the world. Musk's rise in shares in the electric-car maker has led the Bloomberg Billionaires Index, which tracks the fortunes of the richest peopl...
Tesla chief's condition
Elon Musk's fortune rose by $7.6bn to more than $150bn on Friday, putting him back in second place on the list of the world's richest billionaires. Tesla shares hit an all-time high ahead of next week's in...
Billionaire capital
Chinese, American and French billionaires were the most successful in a pandemic year.
"The total wealth of Chinese billionaires has grown by 60%, or $750 billion, over the year. The fortu...
Make Amazon Pay
The global campaign "Make Amazon Pay", an initiative of a coalition of more than 50 organisations, was launched on Black Friday and includes such requirements of the e-commerce giant Amazon (NASDAQ:AMZN) as improved working condition...
Ranking of billionaires
SpaceX Corporation founder and head of electric car manufacturer Tesla Elon Musk beat the head of Facebook Mark Zuckerberg in the billionaire rating, both according to Forbes magazine and Bloomberg agency. Both publications c...
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