International News
World’s richest person Elon Musk’s wealth jumps $36 billion in 1 day
The early announcement of Hertz’s intention to purchase 100,000 Teslas for its leased fleet triggered a spectacular rebound, causing the company’s market value and executives’ net assets to soar to new heights.
Tesla’s stock price soared by nearly 13% on Monday, making the automaker’s market value more than $1 trillion for the first time. Musk’s wealth increased by $36.2 billion that day, marking the largest one-day increase in the history of the Billionaires Index. Bloomberg now estimates Musk’s net worth is 288.6 billion U.S. dollars.
His wealth now exceeds Toyota’s $282 billion market value. His worth is also much higher than Tesla competitors such as General Motors ($83.9 billion) and Ford ($62.8 billion). Musk owns about 20% of Tesla, and these shares are the main driver of his wealth, which also provides funding for companies such as Boring Company and SpaceX. This eccentric CEO received a large number of stock options from a complex compensation package that would be paid when Tesla reached certain financial milestones.
According to source, after Tesla announced the unlocking of a batch of new stocks, Musk gained a fortune of $8 billion on Monday. In January of this year, Musk surpassed Amazon founder Jeff Bezos to become the world’s richest man for the first time. Since then, they have exchanged positions several times. According to source’s estimates, Musk has now consolidated his nearly $100 billion lead over Bezos, and Bezos’s fortune at the close is only a negligible $192.6 billion.
News Source : Business Insider
Entertainment.
Husband Mark Zuckerberg fulfils ‘disco queen’ Priscilla Chan’s demand for a party and how
Mark Zuckerberg’s party for Priscilla Chan has won people over. Many were surprised by the tech billionaire’s makeover.
Mark Zuckerberg never shies away from sharing glimpses of his sweet and heartwarming moments with his family. From sharing pics of a statue of his wife, Priscilla Chan, to turning into a nail artist for his daughter, he regularly posts visuals which wow people. In a similar post, he shared pictures to show what he did when his “disco queen” wife asked for a party.
“Disco queen wanted a party,” Zuckerberg wrote as he posted the pictures. The first photo shows the couple sharing an intimate moment while kissing each other. The other images show them enjoying the party, with both dressed in shimmery clothes.
What did social media say?
“I always knew you were this cool,” posted an Instagram user. “He changed after attending Ambani’s wedding,” joked another. This has been a viral remark after Mark Zuckerberg’s recent wardrobe update, including Hawaiian shirts and a thick gold chain, which coincidentally happened after he attended Anant Ambani and Radhika Merchant’s first pre-wedding festivities.
“Absolutely enjoying this beautiful life,” commented another. A third expressed, “Zuck’s glow up needs to be studied in universities.” A fourth shared, “Couple goals!”
Also Read: ‘All unacceptable to share publicly’: Mark Zuckerberg talks about his favourite memes. Watch
A fifth wrote, “Priscilla is on fire! And you too.” Many reacted to the post using heart or fire emoticons.
Roman-inspired statue
A few days ago, the Meta CEO unveiled a giant statue in his backyard. Created by Daniel Arsham, it is a larger-than-life statue of his wife.
He met Priscilla Chan at Harvard University in 2003 as a student. The couple later got married in 2012. They have three daughters: Maxima, August (born August 2017), and Aurelia.
What are your thoughts on these pictures Mark Zuckerberg shared of a party he hosted for his wife, Priscilla Chan?
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