On Monday, Elon Musk became the third person ever to amass a fortune worth $200 billion, according to Forbes, surpassing Amazon founder and rival space billionaire Jeff Bezos in the process. Reached for comment by Forbes, Musk took a celebratory crack at Bezos.
China's authoritarian President Xi Jinping spewed gory rhetoric on Thursday while left-wing news org CNN dubbed the dictator "the real star" of the Chinese Communist Party's centennial celebration.
Elon Musk praised the Chinese Communist Party this week for its 100th anniversary as the Tesla CEO seeks to expand his business dealings in China, even though the United States relies on the SpaceX founder to launch satellites and astronauts into space.
Tesla is now more valuable than the combination of the world’s top seven traditional auto makers, despite only delivering half a million cars this year.
ProPublica has obtained a vast cache of IRS information showing how billionaires like Jeff Bezos, Elon Musk and Warren Buffett pay little in income tax compared to their massive wealth — sometimes, even nothing.