The world could soon see its first trillionaires, with five individuals projected to reach the milestone within the next decade if current trends persist, according to Oxfam's annual inequality report released Sunday reported CNN Business.
WASHINGTON, DC – JANUARY 20: Guests including Mark Zuckerberg, Lauren Sanchez, Jeff Bezos, Sundar Pichai and Elon Musk attend the Inauguration of Donald J. Trump in the U.S. Capitol Rotunda on January 20, 2025 in Washington, D.C. Photo by Julia Demaree Nikhinson – Pool/Getty Images.
Following CNBC's latest report, Morning Brew noted that SpaceX's valuation makes it the most valuable private startup to date and is even more helpful than LVMH–the luxury holding group owning brands such as Louis Vuitton, Moet Hennessy, and TAG Heuer–which is currently valued at £285 billion ($347 billion).
A who's who of tech titans, business magnates, and global elites attended President Donald Trump’s 2025 inauguration, including Musk, Bezos, and Zuckerberg.
Taylor Swift fans are calling for the Eras Tour star to sue Elon Musk on Sunday. Swift, 35, is currently in attendance at the AFC Championship Game, between the Kansas City Chiefs and the Buffalo Bills.
Trump's inauguration drew a number of business and tech CEOs, including Jeff Bezos, Mark Zuckerberg, Elon Musk, Tim Cook, and TikTok's Shou Zi Chew.
Tech billionaires, foreign diplomats and CEOs shadowed U.S. President Donald Trump on Monday, with several attending St. John's Church in Washington and seated prominently on the dais in the U.S. Capitol ahead of his speech.
Facebook founder Mark Zuckerberg, Amazon CEO Jeff Bezos and Tesla and SpaceX CEO Elon Musk — got prized positions alongside Trump on stage.
Behar said the planet's five richest people — Tesla CEO Elon Musk, LVMH owner Bernard Arnault, Amazon founder Jeff Bezos, Oracle founder Larry Ellison, and investor Warren Buffett — have seen their fortunes increase by 114 percent since 2020, and the prospect of someone amassing $1,000 billion — a trillion — is now very real.
There is room for about only 800 seats inside the Capitol Rotunda, so when Donald J. Trump’s inauguration was hastily moved indoors, that meant whoever made it inside was going to have to sit cheek-to-jowl.
It's a big week ahead as the U.S. Federal Reserve, European Central Bank and Bank of Canada hold their first meetings of 2025.
Donald Trump, who overcame impeachments, criminal indictments and a pair of assassination attempts to win another term in the White House, was sworn in Monday as the 47th U.S. president taking charge as Republicans claim unified control of Washington and set out to reshape the country’s institutions.