Tesla CEO Elon Musk poses for a photograph. File photo
Tesla halts US unit production
Tesla CEO Elon Musk donates 50,000 N95 masks to US hospital
Musk's fortune rose by $6.07 billion on Friday, Bloomberg News said, following a 10.8% jump in the electric carmaker's stock.
Buffett's net worth dropped earlier this week when he donated $2.9 billion in Berkshire Hathaway stock to charity, the report added.
In this photo shows the Tesla car showroom. File photo
Tesla's shares have surged 500% over the past year as the company increased sales of its Model 3 sedan.
The blistering rally also puts Musk in reach of a payday potentially worth $1.8 billion, his second jackpot from the electric car maker in about two months.
The stock is up about 38% since the close on July 1, a day before the company reported its quarterly delivery numbers.
Tesla's solid delivery numbers heightened expectations of a profitable second quarter, which would mark the first time in its history that it would report four consecutive quarters of profit.
Adani Group Chairman Gautam Adani has achieved a remarkable milestone amid the COVID-19 pandemic, as he added the highest wealth to his fortune in the world, as per the latest Bloomberg billionaires Index. Adani is now the 26th richest person in the world.
Tesla and SpaceX CEO Elon Musk has hit back on tech billionaire Bill Gates who earlier cast doubt on his ability to develop electric vehicles for long-haul travel.
Nigerian billionaire Aliko Dangote, known as Africa's richest man, told a forum in Ivory Coast on Saturday how he once took $10 million in cash out of the bank just to look at it and get it into his head that this was real money, not just figures on paper.
Musk, who is also the founder and CEO of rocket company SpaceX, and leads brain-chip startup Neuralink and infrastructure firm The Boring Company, said during a conference call in January that he expects to be the CEO of Tesla for "several years."
DP World has invested more than $10 billion (Dhs37.3 billion) in the global logistics sector since 2012, making it one of the top five overseas investors in this period,
International Monetary Fund (IMF) chief Kristalina Georgieva warned on Sunday that risks to financial stability had increased and stressed “the need for vigilance”
Expo Centre Sharjah has announced it is all set to kick off the 40th edition of “Ramadan Nights 2023,” a highly anticipated commercial and marketing event in the Emirate of Sharjah.