Tag Archives: jeff bezos

Tesla CEO Elon Musk has been tipped to break the trillionaire threshold before Jeff Bezos, Bill Gates or any other contemporaries following Tesla’s recent landmark in breaking the $100 billion market cap level after skyrocketing rise of the company’s stock price.Should We Be Getting on the Musk Train?Elon Musk rests rightly as one of the biggest celebrity entrepreneurs in the world and has amassed an enormous cult following over the years. Fanatics are at their constant best with bullish...

In an interesting turn of events, Amazon is seeking a court injunction against Microsoft. Amazon wants the courts to prevent Microsoft from continuing with the popular Pentagon cloud project until all related cases are resolved.Amazon Looks to Stop MicrosoftIn October last year, the U.S. Department of Defense (DoD) announced that it will be awarding Microsoft with the Pentagon contract. Called the Joint Enterprise Defense Infrastructure (JEDI), the project is worth $10 billion. At the time,...

A year ago Jeff Bezos, one of three richest men on Earth (two others are Bill Gates, Bernard Arnault), had a conversation with Saudi Arabia crown prince Mohammed bin Salman. According to the mysterious sources of the Guardian newspaper, the crown prince sent a malicious file containing a virus to Jeff via WhatsApp.Billionaire’s smartphone ha no chance to resist the virus, as it was packed inside a usual video file. The tricky conversation happened on May 1, 2019.The sources claim that during...

Easily one of the world’s richest people, Bill Gates says charity is the best way to spend his money. According to the entrepreneur and philanthropist, there really is no better way to spend the amount of money a billionaire makes.In a recent CNBC report, Bill Gates says that figuring out the best way to spend a ton of wealth can be pretty challenging. The report suggests that this could be a lot more challenging than the benefit of being able to buy anything you want with the...

Last week on Friday, January 17, Google‘s parent company Alphabet hit the trillion-dollar milestone. Alphabet became the fourth public listed tech company to achieve this feat.Despite staying in controversy with the regulators over the issues of privacy concerns, Alphabet had a good show in 2019 in the stock market. The Alphabet stock surged nearly 50% in a single year thereby pushing the company’s growth.Apple Inc. was the first company to achieve the trillion-dollar milestone in 2018,...

Less than 4 months ago, the readers of Forbes magazine were able to see Bernard Arnault having 102 billion. Back then, the man told that he’s small compared to Microsoft. However, today Bernard has 7 billion dollars more than Bill Gates himself. Bill is the third biggest money owner on the planet. And the second one is Jeff Bezos. Yes, he has again lost his status of the richest person of the planet, this time not to Gates but to Arnault.And one only can wonder what those rich people do with...

San Francisco based financial technology startup Fundbox Inc. hired a former investment banker Marten Abrahamsen as its first-ever chief financial officer (CFO), the Wall Street Journal reported on Jan. 14. Abrahamsen was brought in as CFO to bolster the company’s executive team as Fundbox prepares to launch a potential initial public offering (IPO) in the future.Founded in 2013 by three partners – Eyal Shinar, Toma Michaeli, and Yuval Ariav – the startup helps in expediting the payment of...

Tatcha, a $500 million skincare company, has origins that can be traced to Starbucks. As different as both lines of business are, the founder’s experience in the coffee-making behemoth, prepared her for the future. This was a future founder Vicky Tsai, who quite easily scaled, thanks to hands-on experience with Starbucks.Tatcha – Starbucks OriginsTsai’s yearning for business success was a key ingredient in her decision to attend the Harvard Business School. Leaving for Shanghai almost...

This year was pretty good for one of the most famous world’s billionaires. However, the whole decade seems to finish even better. Take Warren Buffett for example. He is ending the year with a net worth of approximately $89 billion, up around $42 billion since 2010 and making him the seventh-biggest billionaire gainer of the past 10 years. Let it also be known that the Oracle of Omaha never sold any Berkshire Hathaway, and about 98% of his fortune is made up only of the company’s shares.But,...

Bill Gates, one of the world’s most popular people and Microsoft co-founder, has something in common with the company’s CEO Satya Nadella. Can you guess what it is (if not to take the company that unites them)? It has appeared that they both like books.Bll Gates is known to be one of the world’s richest man especially. Though now this status belongs to Amazon founder Jeff Bezos, Gates had managed to take over Jeff Bezos some weeks earlier. But his popularity isn’t all about his money. If it...