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Former President Donald Trump’s net worth jumped to $6.4 billion Monday after the merger between Digital World Acquisition Corp. and Trump Media & Technology Group Corp. was officially finalized, according to a report. For the first time ever, Trump, 77, will be listed on the Bloomberg Billionaires Index of the world’s wealthiest 500 people, according to the outlet. The real estate mogul’s previous peak net worth was $3.1 billion. Trump’s net worth ballooned by $4 billion after the merger of his Trump Media group and blank-check acquisition company Digital World.

Jeff Bezos has usurped Elon Musk as the world’s richest man with a net worth of $200bn (£158bn) after a surge in the share price of Amazon. The Amazon founder, 60, overtook his rival for the first time in three years, with Mr Musk now sitting on a fortune worth $198bn, according to Bloomberg data. The pair’s fortunes are largely tied to their respective holdings in online retail giant Amazon and electric car maker Tesla. Amazon’s shares have climbed 18pc so far this year, valuing the business at more than $1.8 trillion as technology stocks rocket on the back of...

Tesla CEO Elon Musk reclaimed his throne as the richest man on earth Thursday, wrestling the title away from LVMH chairman Bernard Arnault as shares of Musk’s electric vehicle giant surged to their highest level this year. Tesla stock rallied 3% to as high as $233 in Thursday trading, on pace for its 10th straight day of gains. Musk’s firm is on pace for its highest closing share price since October 6, 2022. After cratering to a two-year low in early January, Tesla shares are up 109%, the third-largest return of any company in the S&P 500, which is up...

Elon Musk has regained his spot as the world's richest man, unseating LVMH's Bernard Arnault who briefly assumed the position this year after Tesla's stock had taken a beating along with Musk's net worth.Bezos, Gates, and Buffett aren't even close...Thanks to a 5.5% surge in TSLA stock today, 51-year-old Musk's net worth jumped to $187.1billion......while 75-year-old Arnault has seen his net worth drift slightly lower in the last week or so (after LVMH's strong gains early on), back to only $185.3...Tesla has recovered to a $650bn market cap (up $315 billion in market cap year-to-date)...Tesla’s gains this year (+92% YTD)...

Ranked: The World’s Richest Billionaires Over the Past 10 YearsThe last decade has seen a number of changes in the world’s richest billionaires list.For one, there are new faces at the top of the leaderboard that were never there before. One of the most obvious changes though, is that the richest billionaires have accumulated a lot more wealth in recent years.Using annual data from Forbes on the richest billionaires, we’ve visualized the wealth and ranking of the top 10 billionaires over the past decade.Who are the World’s Richest Billionaires?While the pecking order has fluctuated, the leaderboard remains very exclusive. Out...

The Facebook CEO has lost more than half his fortune since last year.

The Biden Administration is poised to announce a new tax on the wealthy that could send Elon Musk into orbit. Biden’s “Billionaire Minimum Income Tax” proposal would set a 20 percent tax rate floor on Americans worth more than $100 million — hitting not only their stated income, but also their unrealized gains on stock holdings and other forms of wealth.

China has beat the U.S. to become the world’s richest nation, according to a new report. -- Key findings: Global net worth soared from $156 million in 2000 to $514 trillion in 2020, making the world wealthier than it was at any point in history. China accounted for nearly a third of the increase, the report from management consultancy firm McKinsey & Company stated. McKinsey analyzed the national balance sheets of 10 countries that represented 60% of the world’s income. Of these nations, China accounted for 50% of the growth in net worth, followed by the U.S. (22%) and Japan...

People in the US are now the world’s wealthiest citizens, just ahead of the Swiss, a new global report shows. The average net financial assets of people living in the US total €184,411 (around 202,900 Swiss francs) per capita against €173,838 for Switzerland, according to the latest Global Wealth Report published by German insurer Allianz. The rise of the US to the top of the rankings is thanks in no small part to the strength of the US dollar, the report states. While the US took top spot in the report, Switzerland continues to boast the highest gross financial assets...

There's a new richest man in the world.It's Spanish clothing magnate Amancio Ortega, who has overtaken Microsoft founder Bill Gates for the first time ever.According to Forbes' real-time tracker, the elusive multibillionaire founder of European clothing retailer Zara just smashed past Bill Gates to become the wealthiest person on the planet, with a fortune of $79.8 billion (€71.83 billion or £51.84 billion). The elusive Ortega isn't as much of a household name as Gates, but he's quietly ascended the wealth rankings in recent years, as his company continues to perform well and expand.Unlike many of the richest people in the...

Horsing Around at the World’s Richest Race Oct 22nd, 2015 | Categories: Jared Paul Stern, LIFE, Sports | by Jared Paul Stern The Prix De l’Arc de Triomphe, held every fall at the Longchamp course in Paris, is one of the world’s longest running and most prestigious horse races and is rivaled only by Royal Ascot in terms of glamour, though it doesn’t get as much publicity. First run in 1920, it has long been known as the world’s richest race, and nowadays carries a purse of €5 million. Of course its Parisian setting means the event has always had...

An American worth less than $1.55 billion could not land on this year's "The Forbes 400," the annual ranking for the richest people in America. The cut-off increase from last year's $1.3 billion disqualified 113 poor billionaires for this year's list. Bill Gates once again lorded over his fellow wealthy Americans for the 21st consecutive year with a healthy $81 billion, up $9 billion from 2013. He outpaced Warren Buffet ($67 billion), Larry Ellison ($50 billion) and the Koch brothers' Charles and David (each worth $42 billion) to round out the top five. Michael Bloomberg ($35 billion) managed to slide...

An obscure king who ruled West Africa in the 14th century has been named the richest person in history in a new inflation-adjusted list of the world's 25 wealthiest people of all time. Spanning 1,000 years and with a combined fortune of $4.317 trillion, only three of the list's 25 are alive today; none of them are women and 14 of them are American. Using the annual 2199.6per cent rate of inflation, where $100million in 1913 is equal to $2.299.63billion in 2012, Celebrity Net Worth's list includes familiar names like Bill Gates and Warren Buffett; but sitting at number one...

House Minority Leader Nancy Pelosi and her Republican counterpart, Majority Leader Eric Cantor, are the wealthiest members of the U.S. House leadership, according to financial disclosure forms. Pelosi, 72, of California tops the list of House leaders, with $40 million to $187 million in financial assets she reports with her husband, San Francisco commercial real estate investor Paul Pelosi. Most of their assets are listed as rental properties in California and partnership income in companies including investment management and restaurants. ... Pelosi, who yielded the speakership to Boehner after Republicans won control of the House, and her husband [also] own...

While the media champion the Occupy Wall Street movement as if it's the American version of the Arab Spring, they're predictably missing a crucial distinction. As the Motley Fool reported Friday, those sleeping in tents and skipping showers in cities around the country are actually part of the world's richest one percent: In America, the top 1% earn more than $380,000 per year. We are, however, among the richest nations on Earth. How much do you need to earn to be among the top 1% of the world? $34,000.

Celebrity airheads who are supporting the occupiers are feeding Wall Street to the crocodile, forgetting that the beast quickly gets hungry for more. Celebrity Net Worth has a highly amusing article on the subject. The top ten: #1 Yoko Ono Net Worth - $500 million. Ono stated "I love 'Occupy Wall Street'! John is sending his smile to 'Occupy Wall Street'. I am sending my love to 'Occupy Wall Street'. We are all working together. " #2 Russell Simmons Net Worth - $325 million Keep in mind that on top of being a hip-hop mogul Simmons is the founder of...

If you want to get a sense of what an economic powerhouse Washington has become in recent years, look no further than the Virginia suburb of Falls Church City. Boasting a strong school system and positioned about six miles from the nation's capital, Falls Church has for years enticed rich families, making it the nation's richest county with median annual household income of $113,313. "It indicates that the City of Falls Church is located in a healthy economic area in the national capital region," says Wyatt Shields, city manager for Falls Church. "We are proud of the fact that we...

When it comes to the race for money, Carlos Slim Helú, the world’s richest man, has surged even further into the lead. The Mexican billionaire accumulated an additional $20.5 billion over the last year, bringing his total fortune to $74 billion, according the Forbes annual rankings of the world’s billionaires. Mr. Slim has held the top spot since last year, when he pushed aside the two past leaders, Bill Gates and Warren E. Buffett. Still, both men added $3 billion to their wealth since the last Forbes billionaires survey. Mr. Gates, the richest man in the United States, is worth...

All hail King Roger. The average earnings of the top 20 non-American sportsmen have broken the $30 million barrier for the first time, led by a new No. 1. With the all-time record for majors and unprecedented millions in winnings, endorsement dollars and lucrative exhibition fees, Roger Federer has dethroned David Beckham as the top-earning foreign athlete with a near $62 million haul. Beckham, in fact, has fallen to No. 3. The Los Angeles Galaxy star is now also behind Argentine demigod and reigning FIFA World Player of the Year Lionel Messi, who has ridden a mythic year to No....

LOS ANGELES – Lady Dai was a Chinese nobleman's wife in her mid-50s when she died of a heart attack. She was overweight, had diabetes, high blood pressure, high cholesterol, liver disease, gallstones and her arteries were almost totally clogged. She didn't live the healthiest life but she left behind one of the most perfectly preserved bodies in history. She was buried about 2,100 years ago. Her tomb was found in the early 1970s on Mawangdui, a hill in Changsha, near the capital of Hunan Province in China. More than 1,400 equally well-preserved artifacts found around her were designed to...