Elon Musk succession plan: World’s richest man won’t leave wealth to his 14 children, says it would be a ‘mistake’

Hindustan Times News

Despite becoming the world’s richest individual and recently being described as a trillionaire following a spike in associated valuations space exploration technology corp.First public market appearance, Elon Musk has made it clear that he does not intend to pass the fortune directly to his children. Elon Musk’s SpaceX launches on Wall Street on June 12, … Read more

Jeff Bezos calls for zero income tax on bottom half of U.S. income earners, says it would change millions of lives

Hindustan Times News

Jeff Bezos said Wednesday that low-income Americans should be exempted from paying federal income taxes, saying the move would ease financial stress on millions of families and help foster the country’s entrepreneurial spirit. Bezos said eliminating taxes on the bottom 50 percent would be low-cost but would have a “meaningful” impact on Americans. (Bloomberg) Bezos … Read more

Is Elon Musk richer than the 693 “poorest” billionaires combined? Report shows

Cricket in L1

How rich are you Elon Muskexactly? The tech mogul currently leads the pack with an estimated net worth of $832.1 billion. According to Forbes, his wealth is actually about $54 billion more than the combined fortunes of Jeff Bezos, Mark Zuckerberg, Larry Ellison and Warren Buffett, quickly making him the first-ever trillionaire. Elon Musk, the … Read more

‘Who gave you the authority to drag our region into war?’: Dubai billionaire slams Donald Trump

Cricket in L1

Dubai billionaire Businessman Khalaf Ahmed Al Habtoor has slammed US President Donald Trump over the risks of war. He questioned the basis on which U.S. leaders made this “dangerous decision.” His post comes after Iran attacked U.S. bases in the United Arab Emirates in retaliation for U.S. and Israeli attacks on Tehran. The Dubai billionaire’s … Read more