Wealthy Persons

Elon Musk has his fingers in a very large pie when it comes to SpaceX – a whopping 48.4% of the company, which he started more than 20 years ago. That’s a staggering financial stake in the business he founded.

The numbers in question ...

Shay Mitchell has built her travel brand BÉIS into a business with a valuation of around $210 million.

Samsonite are set to buy 85% of BÉIS for $178.5 million in cash – that’s according to an announcement that went out on August 13. This deal more or less values BÉIS at $210 million overall – and marks a major milestone in Mitchell’s b...

Elon Musk is worth roughly $870 billion as of August 14, 2026, according to Forbes’ Real-Time Billionaires index — still the richest person on the planet, and not particularly close. Larry Page sits a distant second at about $283 billion, with Jeff Bezos third around $272 billion. Musk’s fortune is more than triple either one.

Almost none of that money...

Bank of America is making a major bet on India’s fast-growing lending market through a deal with Jio Financial Services.

The U.S. banking giant has agreed to invest up to 182.68 billion rupees, or about $1.92 billion, in Jio Credit, the non-bank lending arm of Jio Financial Services. The transaction could give Bank of America as much as a 49.9%...

The LA Lakers are changing hands once again – and this time its for a truly massive sum.

Venture capitalist Joshua Kushner and former Disney head honcho Bob Iger are reportedly set to buy the Lakers in a deal valuing the NBA team at a mind-boggli...