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Elon Musk and Jeff Bezos are now worth nearly half a trillion dollars

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Elon Musk and Jeff Bezos are now worth nearly half a trillion dollars

On Wednesday, the combined net worth of Elon Musk and Jeff Bezos was close to 500 billion U.S. dollars, thanks to the continued rise of Tesla’s stock and the widespread surge in technology stocks, which boosted the Nasdaq 100 The index set an intraday record.

The value of these two fortunes-the sum of which is greater than the market value of Johnson & Johnson and approximately equal to the market value of JPMorgan Chase & Co., the largest bank in the United States-is another watershed moment for billionaires that is about to become a historic week.

On Wednesday morning, Senate Treasury Chairman Ron Wyden (Ron Wyden) proposed a groundbreaking proposal to tax billionaires on unrealized gains, but it was announced in detail in negotiations a few hours later. Wyden insisted that the billionaire’s tax plan is not over, but negotiations have turned to a possible 3% surcharge on people earning more than $10 million—above the highest income tax rate. On Wednesday, the total net assets of Elon Musk and Jeff Bezos were close to 500 billion U.S. dollars, thanks to the continued rise of Tesla’s stock and the widespread surge in technology stocks, which made the Nasdaq 100 index hit a record In the record.

The value of these two fortunes—the sum is greater than the market value of Johnson & Johnson and roughly equal to the market value of JPMorgan Chase, the largest bank in the United States—is another watershed moment for billionaires that is about to become a historic week. On Wednesday morning, Senate Treasury Chairman Ron Wyden announced in detail a groundbreaking proposal to impose a tax on unrealized gains on billionaires, but it was rejected in negotiations a few hours later.

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Wyden insisted that the billionaire’s tax plan is not over, but negotiations have shifted to a possible 3% surcharge on people earning more than $10 million above the highest income tax rate.

News Source : Business Standard

Hollywood

Jennifer Lopez ‘let go of her’ high-heeled ego while working with Ben Affleck

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Jennifer Lopez ‘let go of her’ high-heeled ego while working with Ben Affleck

As Jennifer Lopez navigates her separation from Ben Affleck, she prioritizes her career, notably in the film Unstoppable.

Jennifer Lopez has “let go of her ego” to prioritise her career and personal growth as she navigates her separation from Ben Affleck.

The 55-year-old actress and singer, during an interview with Amazon/MGM, opened up about working on the upcoming film Unstoppable, a project she co-starred in while estranged from her husband.

“It was an honour to be a part of Anthony [Robles] and to play Judy,” Jennifer shared. “I approached the role with a complete lack of ego where you have to go in there and have so much respect for the person you are playing because it’s her story.”

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“I disappeared, there was no Jennifer, no J. Lo. That person on the screen is just Judy. Luckily, I got to spend time with her and see who she was alone and as a mother.”

ALSO READ| Jennifer Lopez ‘secretly falling in love with bodyguard’ following the split with Ben Affleck

Affleck praises Lopez’s ‘spectacular’ performance

Affleck and Matt Damon produced the film, which tells the inspiring story of 36-year-old wrestler Anthony Robles.

JLo portrays Judy Robles, Anthony’s mother. Affleck also highly praised Jennifer’s performance, calling her “spectacular.”

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“Unstoppable is a very different movie than [Small Things Like These], but in a way it’s similarly rooted in the passion of really talented artists,” Ben told Entertainment Toninght just couple of weeks back. “Billy Goldenberg and Jennifer and Don Cheadle and Jharrel and Bobby Cannavale – all of whom were really passionate about this film.”

After reuniting and marrying in 2022, Jennifer filed for divorce in August 2024. Reports of marital struggles, including living separately, surfaced months before the filing.

“He’s focusing on his work and his kids now,” an insider told InTouch Weekly. “Ben already moved out … They’ll never stop loving each other, but she can’t control him, and he can’t change her.”

ALSO READ| Jennifer Lopez gives fresh sneak peek at her lavish $68 million Bel Air mansion

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Jennifer told Interview Magazine, “I was thinking about this time in my life, and I’m like, ‘That’s not what I thought it was going to turn out like.’ And then I thought, ‘No, this is exactly where I needed to be.’”

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