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Top related persons:
— - 3 LVMH's Bernard Arnault - 3 Jeff Bezos - 2 Musk - 2 He's - 2 Elon - 1 Warren Buffett - 1 Meta's Mark Zuckerberg - 1
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Search resuls for: "LVMH's Bernard Arnault"


5 mentions found


☆ Elon Musk's wealth has crashed by $160 billion from its peak as Tesla's problems pile up
  + stars: | 2024-04-17 | by ( Theron Mohamed | ) www.businessinsider.com   time to read: +3 min
The stock drop has fueled an estimated $160 billion decline in Elon Musk's net worth. AdvertisementTesla's mounting troubles have dealt a heavy blow to Elon Musk's net worth. However, Musk's net worth has plunged by about $160 billion since then to $178 billion at Tuesday's close. Musk's net worth has taken a big hit from the decline because his 13% stake in the automaker makes up a big chunk of his wealth. He topped the Bloomberg rich list with a $229 billion fortune in January, but his net worth has crashed by $51 billion, or 22%, since then.
Persons: —, Elon, Warren Buffett, LVMH's Bernard Arnault, Jeff Bezos, Meta's Mark Zuckerberg, Musk, He's, Zuckerberg, isn't Organizations: Service, Bloomberg, SpaceX, Buffett, Tesla, Twitter Locations: Elon Musk's
☆ Tesla's value has slumped by $234 billion this year — that's more than McDonald's, Disney, or Nike are worth
  + stars: | 2024-03-07 | by ( Theron Mohamed | ) www.businessinsider.com   time to read: +3 min
Tesla's market value has tumbled $234 billion this year, or more than McDonald's or Disney are worth. Elon Musk's EV maker is close to losing more value than Netflix or Coke's entire market caps. AdvertisementTesla's market value has plunged by an astounding $234 billion this year — that's considerably more than McDonald's ($212 billion), Disney ($202 billion), and Cisco ($199 billion) are worth. That decline is close to the entire market caps of Netflix ($259 billion) and Coca-Cola ($257 billion), and larger than the entire market value of American Express ($158 billion) and Nike ($148 billion). It's also worth noting that Tesla is still worth more than 10 times the value of either General Motors ($46 billion) or Ford ($49 billion).
Persons: —, It's, He's, LVMH's Bernard Arnault, Jeff Bezos, Tesla, Musk, hasn't, Ross Gerber Organizations: Elon Musk's, Netflix, Service, Disney, Cisco, American Express, Nike, FedEx, Bloomberg, Motors, Ford Locations: China
☆ New billionaire heirs overtake self-made ones as $5.2 trillion wealth transfer begins
  + stars: | 2023-11-30 | by ( Hanna Ziady | ) edition.cnn.com   time to read: +5 min
“The great wealth transfer is gaining significant momentum as many billionaire entrepreneurs age,” Benjamin Cavalli, who oversees strategic clients in the global wealth management unit at UBS, told reporters. Their combined wealth rose 9% to $12 trillion, before taking inflation into account. Arnault is the world’s third-richest man, with a net worth of $167 billion, according to the Bloomberg Billionaires Index. Risks and opportunity for UBSThe “staggering” transfer of wealth to younger generations presents a huge opportunity for UBS, but also poses considerable risks, according to Cavalli. Heirs lean more toward impact investing — that is, socially or environmentally beneficial investing — over “classic grant-giving philanthropy,” Cavalli said.
Persons: “, ” Benjamin Cavalli, LVMH's Bernard Arnault, Helene, Frederic, Delphine, Antoine, Alexandre, Bernard Arnault, Arnault, Tesla’s Elon Musk, Jeff Bezos —, —, India’s Gautam Adani, Mukesh Ambani, Cavalli, ”, Morgan Stanley —, Stefan Wermuth, ” Cavalli, Charlie Munger, Henry E Organizations: London CNN, UBS, Bloomberg, Adani Group, Reliance Industries, Suisse, Getty, ”, Berkshire Hathaway, Huntington Library, Art Locations: Paris, Europe, France
☆ Elon Musk could make almost $100,000 a month from Twitter users who subscribe to him
  + stars: | 2023-04-24 | by ( Sam Tabahriti | ) www.businessinsider.com   time to read: +2 min
Elon Musk shared a screenshot of his Twitter profile that showed the number of his subscribers. At least 24,700 people have subscribed to the Twitter owner's profile, paying $4 a month. Elon Musk shared a screenshot on Monday of his Twitter profile indicating to users how to monetize on the social media platform. Per Insider's calculations, if Musk has 24,700 subscribers he would make $98,800 a month. Musk said users will be able, through "Subscriptions," to charge followers for exclusive content, including long-form text, long-form videos, and subscriber-only Spaces.
☆ Elon Musk, Jeff Bezos, and the 6 other richest Americans have suffered a nearly $400 billion wealth wipeout this year
  + stars: | 2022-12-28 | by ( Theron Mohamed | ) www.businessinsider.com   time to read: +4 min
The eight richest Americans have seen close to $400 billion erased from their fortunes this year. Elon Musk's net worth has shrunk by $140 billion, while Jeff Bezos' wealth has slid by $86 billion. Meanwhile, Amazon founder Jeff Bezos' wealth has fallen by $86 billion, while Alphabet cofounders Larry Page and Sergey Brin have seen their fortunes shrink by a combined $91 billion. The upshot is that the eight richest Americans have seen an estimated $386 billion erased from their combined fortunes. That figure rivals JPMorgan's market capitalization, and comfortably exceeds the market value of Tesla ($345 billion), Nvidia ($352 billion), and all but a handful of America's biggest companies.
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