Shaquille O’Neal attends the second preseason NBA game between Atlanta Hawks and Milwaukee Bucks at Etihad Arena on October 8, 2022 in Abu Dhabi, United Arab Emirates. “If you invest in th...
Tag: Jeff Bezos
This Billionaire Is Now Even Richer Than Jeff Bezos
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple ...
Who Is Gautam Adani? The Indian Billionaire Briefly Became The World’s No. 2 Wealthiest Person And Ranks Above Bezos And Gates
Topline Indian billionaire Gautam Adani briefly became the second-richest person in the world Friday, trailing only Elon Musk, and the relatively unknown infrastructure and energy mogul is now wealthi...
Bezos Loses Title of World’s Second Richest Man to Indian Billionaire
It was to be expected. Jeff Bezos has lost the title of second richest man in the world behind Elon Musk, electric-vehicle leader Tesla’s (TSLA) chief executive. The founder and executive ch...
Indian Billionaire Gautam Adani Briefly Becomes The World’s Third-Richest Person
Gautam Shantilal Adani, founder and chairman of the Adani Group, attends a wedding reception on February 1, 2020 in New Delhi, India. Manoj Verma/Hindustan Times via Getty Images Gautam Adani was the ...
Thai Aerospace Entrepreneur James Yenbamroong Bets Big With Spacetech Firm
Trained as an engineer, James Yenbamroong cut his teeth at defense giant Northrop Grumman before launching his own satellite company in Thailand. Mu Space is burning through capital to get his vision ...
“Yikes! What’s Next?”
Imagine this: you’re delivering a quarterly report to the Board of Directors about your company’s performance and you show a slide about operational efficiencies and productivity gains that produced s...
Incoming Whole Foods CEO Spells Big Changes for the Company
Five years after Amazon (AMZN) announced that it would buy supermarket chain Whole Foods for $13.7 billion, a big new change has just taken place — on September 1, incoming chief executive Jas...
India’s Gautam Adani Becomes World’s Third-Richest person
Elon Musk-Jeff Bezos; Jeff Bezos-Elon Musk: this is the duo that has dominated the ranking of the biggest fortunes in the world for two years now. The Tesla (TSLA) co-founder and Amazon (AMZN) fo...
MacKenzie Scott Donates $44 Million To Friends Of The Children In Latest Gift
Topline MacKenzie Scott continued her recent spree of philanthropy Thursday, with a $44 million donation to mentorship program Friends of the Children, after promising in 2019 to give away at least ha...
Overtime Raises $100 Million With Drake, Jeff Bezos And Kevin Durant On Its Cap Table
Overtime Elite game in Atlantic Station Overtime Elite Overtime, a sports media start-up for high school sports is big business as the company just raised $100 million in its Series D funding round fr...
The ‘Amazon Empire’ Documentary; These 3 Debates From The Film Are Influencing Ecommerce Entrepreneurs
SEATTLE, WA – JUNE 18: Amazon.com founder and CEO Jeff Bezos presents the company’s first … [+] smartphone, the Fire Phone, on June 18, 2014 in Seattle, Washington. The much-anticipa...
Eutelsat, OneWeb Plot Merger That Will Challenge Billionaires Elon Musk, Jeff Bezos In Space Race
Topline French and British satellite firms Eutelsat and OneWeb on Tuesday announced plans to combine forces and create a “global leader” in the burgeoning space-based internet industry, a deal which p...
Amazon is starting to deliver packages with Rivian electric vans
Amazon said Thursday it will begin to start using electric vans developed in partnership with Rivian to make deliveries. Amazon Amazon is beginning to roll out some of the electric delivery vans that ...
Biden Continues Gas Price Blame Game While Preserving His Leasing Ban
WASHINGTON, DC – OCTOBER 08: U.S. President Joe Biden and Secretary of the Interior Deb Haaland … [+] celebrate the announcement of the expansion of areas of three national monuments at th...
Why Amazon.com Has Lost Its Way
(Photo by SEBASTIEN BOZON / AFP) (Photo by SEBASTIEN BOZON/AFP via Getty Images) AFP via Getty Images As share prices slide, tech investors are getting restless. Now shareholders are mobilizing and pu...
GM, Lockheed take lunar rover project to the commercial space market
MILFORD, Mich. — General Motors and Lockheed Martin said Thursday they plan to produce an array of moon-roving vehicles for commercial space missions and services powered by the automaker’s elec...
Amazon’s Consumer Chief Dave Clark Joins Supply Chain Startup Flexport As CEO
Outgoing Amazon Worldwide Consumer chief Dave Clark is joining supply chain unicorn Flexport as co-CEO. Grant Hindsley Former Amazon consumer chief Dave Clark has a new job: co-CEO, and eventually sol...
These Five Billionaires Fortunes Sank By $300 Billion
Five billionaires lost a total of $300 billion recently as their fortunes plummeted during the recent market downturn, according to the Bloomberg Billionaires Index, which is a daily ranking of the wo...
SpaceX president Gwynne Shotwell defends Elon Musk over sex misconduct allegations
SpaceX CEO Elon Musk participates in a postlaunch news conference inside the Press Site auditorium at NASA’s Kennedy Space Center in Florida on May 30, 2020, following the launch of the agency&#...
Inflation is the ‘top problem’ facing America, survey shows
A worker stocks items inside a grocery store in San Francisco, California, May 2, 2022. David Paul Morris | Bloomberg | Getty Images Meanwhile, President Joe Biden also has faced blowback over continu...
Biden Administration And Jeff Bezos Square Off Over Inflation
Topline A spat between the White House and Amazon founder Jeff Bezos over President Joe Biden’s fiscal policies intensified Monday, with Bezos accusing Biden of disregarding inflation while the White ...
Ken Griffin wins $8 million Bezos spaceflight auction, donating seats
Ken Griffin, Founder and CEO, Citadel (L) and Blue Origin New Shepard rocket lifts off (R) Reuters Ken Griffin, billionaire founder and CEO of hedge fund Citadel, placed the winning $8 million bid in ...
Competitive contracts are making space exploration cheaper
The Artemis 1 mission Space Launch System (SLS) rocket Frank Michaux / NASA The head of the National Aeronautics and Space Administration on Tuesday discussed a dramatic shift in how the agency plans ...
How to manage a surprise increase in money if you sold your business
When Kristen Heaton launched her own business in 2013, she never dreamed she’d sell it for seven figures. So, when she sold it to Amazon aggregator Perch in July 2021, she hired a financial advi...
Billionaire Jeff Bezos lost $20.5 billion in 24 hours
Jeff Bezos is $20.5 billion more poor. The second richest man in the world lost this huge sum in 24 hours. To be more precise, this big loss happened during the April 29 stock market session. Do not...
Tesla Stock Plunge Wipes Out $128 Billion In Value As Twitter Deal Sparks Fears
Topline Tesla shares collapsed Tuesday as investors continued to digest the implications of Twitter’s acceptance of CEO Elon Musk’s $44 billion bid for the social media giant, tacking onto already-sta...
A 5:49 A.M. Next Day Delivery Is An Inconvenient Answer for Amazon’s Critics
At its height as the world’s most prominent sports magazine, and realistically one of the world’s most prominent magazines regardless of genre, Sports Illustrated (SI) was a weekly event of sorts. It ...
Tesla Stock Plunge Wipes Out $114 Billion In Value As Twitter Deal Sparks Fears
Topline Tesla shares collapsed Tuesday as investors continued to digest the implications of Twitter’s acceptance of CEO Elon Musk’s $44 billion bid for the social media giant, tacking onto already-sta...
Amazon signs rocket deal with Blue Origin, Arianespace, ULA for Project Kuiper internet satellites
Artist renderings of the companies’ rockets, from left to right: New Glenn, Vulcan Centaur, and Ariane 6. Blue Origin / United Launch Alliance / Arianespace Amazon on Tuesday announced what it s...
Why ‘free’ shipping isn’t free
The big carriers such as FedEx, UPS and Amazon make lots of deliveries, and none of those packages are being shipped for “free.” “People like free shipping because the word free is v...