Category: Billionaire

Mark Zuckerberg’s net worth spikes a record $12.5 billion as Meta’s cost-cutting plans send shares soaring

Gains in Meta’s share costs are boosting Mark Zuckerberg’s net worth this year to this point. Kevin Dietsch/Getty Images Mark Zuckerberg’s net worth elevated by roughly $12 billion in a single day due to Thursday features in Meta shares. Meta shares are up over 50% this year after surging over 20% on Thursday. Meta shares had been boosted by the corporate’s announcement that it’s going…

Elon Musk fired Twitter’s head of sales after she refused to sack more workers. He had previously begged her not...

Former Twitter exec Robin Wheeler and Elon Musk appeared on a digital name with advertisers. Courtesy of supply Elon Musk sacked Twitter exec Robin Wheeler after she refused to fireplace more employees, sources said. Wheeler was sacked regardless of Musk persuading her to keep after she tried to resign, per Bloomberg. Some Twitter sales employees discovered over the weekend and on Monday they had been…

Twitter loses another top exec who says workers ‘had it good at Twitter 1.0,’ in an apparent jab at Elon...

Multiple top execs have departed Twitter below Elon Musk’s management. Jae C. Hong/AP Twitter’s head of US content material partnerships introduced she had left Elon Musk’s platform. Sarah Rosen tweeted about her departure, writing “we had it good at Twitter 1.0.”  Per studies, Twitter additionally not too long ago misplaced its head of advert gross sales, in addition to its VP of partnerships.  Another top…

Inside the world of designer Tom Ford, set to become a billionaire in $2.8 billion Estée Lauder buyout

Tom Ford attends the 2022 Met Gala. Mike Coppola / Staff / Getty Images Estée introduced its acquisition of Tom Ford in a Tuesday information launch. The deal — valued at $2.8 billion — has made Ford a billionaire. Tom Ford has raked in about $96 million in revenue on $1.7 billion in gross sales, according to 2021 annual report. Estée Lauder and Tom Ford…

Elon Musk persuaded Twitter’s top sales executive to stay after she and other senior leaders stop, report says

Twitter proprietor Elon Musk. Win McNamee/Getty Images Elon Musk persuaded a top Twitter executive to stay after she resigned, Bloomberg reported. Reports mentioned Robin Wheeler had stop, however she tweeted in a while Thursday “I’m still here.” Various top executives and managers have left Twitter since Musk joined. Elon Musk persuaded a senior executive at Twitter to stay on the firm after she handed in…

Elon Musk’s Twitter laid off more than 90% of staff in India — now only about 12 employees stay, report...

Twitter proprietor Elon Musk. Muhammed Selim Korkutata/Getty Images Elon Musk’s Twitter slashed 90% of employees in India over the weekend, sources advised Bloomberg. Twitter had about 200 staff in the nation however now only about 12 stay, per the report. About 70% of the layoffs in India had been in the product and engineering staff, it added. Twitter has laid off more than 90% of…

Elon Musk says he would pay $8 a month for Twitter subscription amid controversy from celebrities and lawmakers over the...

Twitter proprietor Elon Musk stated he would pay $8 to have a blue tick on the web site. Steve Nesius/Reuters Elon Musk stated he would pay $8 a month for Twitter Blue, which provides customers a blue verified tick. He posted a picture of a shirt exhibiting the tweet he despatched to AOC: “Your feedback is appreciated. Now pay $8.” Musk has doubled down on…

Elon Musk bought Twtitter for $44 billion, but he’s still the richest person in the world. Here’s how the Tesla...

Patrick Pleul/image alliance through Getty Images Elon Musk bought Twitter for $44B on Thursday, but he’s still the richest person in the world. A infamous workaholic, Musk would not spend his cash on lavish holidays or costly hobbies. Here’s how Musk makes and spends his $212 billion fortune.  Decades earlier than changing into a father of 9 and amassing a $212 billion fortune, Musk taught…

Elon Musk may have to shell out $44 billion to buy Twitter, but he’s still the richest person in the...

Patrick Pleul/image alliance by way of Getty Images Elon Musk may have to pay $44 billion to buy Twitter, but he’s still the richest person in the world. A infamous workaholic, Musk does not spend his cash on lavish holidays or costly hobbies. Here’s how Musk makes and spends his $228 billion fortune.  Decades earlier than turning into a father of 9 and amassing an…

Adidas just yanked its deal with Kanye West. Here’s how much of a hit his net worth might take.

Gotham/GC Images In 6 years, Kanye West went from allegedly being $53M in debt to being a billionaire on Forbes’ list.  Now that Adidas yanked its deal, experts expect West’s fortune to take a hit of hundreds of millions of dollars.  One analyst warns West won’t be able to restart his shoe brand so easily because Adidas owns Yeezy’s designs.  In just six years, Kanye…