Billionaire

Elon Musk, Mark Zuckerberg, Jeff Bezos, Bernard Arnault, and Changpeng Zhao are among a few worldwide billionaires that have lost billions in the first half of 2022. As per media reports, this is the billionaires' biggest six-month decline ever. The 500 richest people on earth have been impacted by this precipitous drop. The major cause of billionaires' diminishing wealth is that governments increased interest rates to counteract increasing… read-more

Billionaire Mark Cuban, owner of the Dallas Mavericks bought the entire town of Mustang in Texas. Reportedly, the town was founded in the 1970s, with a population of 21 people; the town was put up for sale in 2017 for $4 million. Furthermore, the town also features a "resident alligator" in one of its ponds. "I don't know what if anything I will do with it," said Cuban. 

Elon Musk made a plea to the United Nations. He stated that he will sell $6 billion in Tesla shares and donate to UN's food agency if it can prove how the money will be used to alleviate world hunger. He commented after UN World Food Program Director David Beasley stated that an one-time contribution of 2% of Musk's, Jeff Bezos', and other billionaires' fortune… read-more

The billionaire Bill and Melinda Gates have officially separated after 27 years of marriage with their divorce finalized on August 2 by the King County superior court. According to the court records, neither the party will receive 'spousal support' nor there is a need to change their names. However, the property and assets will be divided as per the separation contract. The couple filed for divorce on May 3. 

Forbes, on April 6, released its annual list of billionaire adding 660 more names this year. The list is the longest in Forbes history with 2,775 billionaires names, starting with Jeff Bezos on top with a net worth of $177 billion. SpaceX CEO Elon Musk ranks second with $151 billion net worth. Notably, eight out of the top 10 people on the list are from the United States.