The world could get its first trillionaire within 10 years, anti-poverty group Oxfam says
Oxfam says the fortunes of the five richest men have spiked by 114% in real terms since 2020.
Read MorePosted by Jodi Leese Glusco | Jan 16, 2024
Oxfam says the fortunes of the five richest men have spiked by 114% in real terms since 2020.
Read MorePosted by WRAL TechWire | Nov 2, 2023
Amazon founder Jeff Bezos personally directed a monumental shift in the company’s e-commerce business to embrace online advertising, according to a newly unredacted version of an antitrust lawsuit filed this fall by the Federal Trade Commission and 17 states.
Read MorePosted by WRAL TechWire | Nov 25, 2022
Jeff Bezos is continuing to make good on his pledge to give away the majority his wealth, to the tune of $123 million. The Amazon founder announced on Instagram earlier this week that he has recently awarded 40 grants as part of his Bezos Day 1 Families Fund initiative.
Read MorePosted by WRAL TechWire | Nov 14, 2022
Amazon founder Jeff Bezos plans to give away the majority of his $124 billion net worth during his lifetime, telling CNN in an exclusive interview he will devote the bulk of his wealth to fighting climate change and supporting people who can unify humanity in the face of deep social and political divisions.
Read MorePosted by Jason Parker | Sep 22, 2022
Amazon asked the FTC last month to cancel subpoenas to founder Jeff Bezos and CEO Andy Jassy. They lost, and the FTC will require them to testify.
Read MorePosted by WRAL TechWire | Apr 6, 2022
By Paul R. La Monica, CNN Business How crazy rich is Elon Musk? The Tesla and SpaceX CEO’s net worth is now about a stratospheric $300 billion, according to Forbes’ real time rankings of the world’s wealthiest people. That means the 50-year-old Musk has a more than a $100 billion lead over...
Read MorePosted by WRAL TechWire | Jan 2, 2022
When future generations write about the history of space travel, 2021 may well get its own chapter. “The year of the billionaires,” it might be called.
Read MorePosted by WRAL TechWire | Oct 12, 2021
Thanks to both Elon Musk’s Tesla shares and his majority stake in privately-held SpaceX, where he serves as CEO, Musk has accumulated vast wealth. Jeff Bezos is No. 2. Here’s the latest.
Read MorePosted by WRAL TechWire | Aug 21, 2021
Jeff Bezos and Elon Musk, the two wealthiest people on this planet, both want to be center stage when NASA returns astronauts to the moon. But NASA only has enough money for one of them, and it went with Musk’s SpaceX. That means Bezos’ Blue Origin is mad. Here’s what’s happening.
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