Joining the ranks of the richest 1% is never easy, but it's especially hard in Monaco. You need to be worth almost $8 million to make the cut in the Mediterranean principality, where residents typically don't pay income taxes, according to research on more than two-dozen locations by Knight Frank.
Tesla Inc. shares slid 2.4% on Tuesday, erasing $4.6 billion from its chief executive officers fortune and knocking him from the top spot on the Bloomberg Billionaires Index ranking.
Friday 08 January, 2021 | 1:23 PM
NEW YORK/UNITED STATES: Whether the topic is transforming the automobile or conquering the next frontier of space, Elon Musk has shown a knack for captivating an audience beyond investors and science geeks.
The brash Tesla CEO, now the world s wealthiest person following the electric automaker s meteoric rise, was the quintessential Silicon Valley disruptor except he no longer lives in California.
The norm-shattering entrepreneur, who has more than 41 million followers on Twitter and a fortune now estimated at more than $180 billion, announced last month he had relocated to Texas and could not resist one last dig at the West Coast state.