Elon Musk, CEO of Tesla and SpaceX, has a net worth around $21.5 billion. Musk has never received a paycheck from Tesla, refusing his $56,000 minimum salary every year. He now says he will not receive any form of payment or compensation until Tesla reaches $100 billion in market cap. Elon Musk may be the world’s richest rocket scientist. The 46-year-old CEO of Tesla and SpaceX and cofounder of OpenAI has said he won’t be happy until we’ve escaped Earth and colonized Mars. Luckily, he has the mind and the money to make it happen. Despite a massive net worth hovering around $21.5 billion, Musk has never taken a paycheck from Tesla, refusing his $56,000 minimum salary every year. On Tuesday, Tesla announced it would pay Musk nothing for the next 10 years – no salary, bonus, or stock – until the company reaches a $100 billion market cap. If and when that happens, Musk could potentially … [Read more...] about Elon Musk could become the richest man in the world — here’s how he spends his $21 billion fortune
100 richest man in the world
PayPal accidentally credits this man a whopping $92,233,720,368,547,800, making him by far the richest man in the world! READ: How the PayPal accidentally made the man in above segment 'the richest man in the world' Oops! PayPal, the online money-transfer company, has accidentally credited a man in Delaware a whopping $92,233,720,368,547,800, making him by far the richest man in the world. Chris Reynolds of Delaware isn’t exactly what you’d describe as a PayPal power user. He says he spends under $100 each every month on stuff like vintage car parts. The most he’d ever made—until recently—was around $1,000 selling a pair of old BMW tires. Some people might have cruised PayPal’s T&Cs and been disappointed that at least a few million of that wouldn’t stick around in their balance after PayPal realized the error. But Reynolds is just psyched to have his balance back at $0. Reynolds said he has been a PayPal customer for about 10 years and uses … [Read more...] about PayPal Accidentally Made This Man The Richest Man in The World
On 29 August, Zhang Jian, founder of the controversial YSLM multi-level marketing business, became a monk Zhang Jian, the “world’s future richest man” and founder of controversy-shrouded multi-level marketing company, YSLM International, has become a Buddhist monk following a head shaving ceremony in Thailand, yesterday (29 August 2014). During the ceremony, Zhang took up the Buddhist name "Fo Yun" meaning Buddhist Cloud The self-proclaimed Chinese millionaire is undergoing a 100-day temporary ordination programme at a temple in Thailand. However, the head shaving ceremony was only held on Friday, a month after the programme begun. According to YSLM's charity wing chairman Datuk John Lee Kim Tian, Zhang, who had been in Thailand for a month to practice Buddhist rules, in preparation to become a monk, had in 2012 set an agenda to become a monk in the future The company’s charity wing chairman Datuk John Lee Kim Tian told China Press that becoming a monk was … [Read more...] about Remember ‘Future Richest Man In The World’? Well, He Is Now A ‘Monk’
Zhang Jian, the self-proclaimed "future richest man in the world", has been arrested in Thailand, reported The Star on 28 October Citing Thailand daily The Nation, The Star further reported that Zhang was arrested over a pyramid scheme that reportedly duped people in Malaysia RM300 million and in China RM600 million But a quick Google search by SAYS and looking through the article from The Nation which The Star cited for its report, it seems that while Thai police have indeed arrested three people involved in the pyramid scheme, but none of them is actually Zhang Jian. According to The Nation's original article, three Chinese suspects who have been arrested are: 37-year-old Song Miqui, 29-year-old Wang Wenfang, and Geng Lianbao (age unspecified). Also, assets from all three worth RM24 million in total have been seized. Bangkok police arrested Song Miqui, 37, and Wang Wenfang, 29, at a Pathumwan condominium on Monday and seized cash in various currencies worth nearly Bt1 million in … [Read more...] about Did Thai Police Really Arrest Zhang Jian, The ‘Future Richest Man In The World’?
Nigerian businessman Aliko Dangote was worth a cool $12.2 billion as of March 2017, according to Forbes. His fortune, which amounts to about 3% of Nigeria’s total GDP, renders him the richest person in Africa by a landslide – and the highest-ranked black billionaire in the world. That’s impressive, but it’s about half of what Dangote was worth in 2014, when he commanded a fortune of $25 billion. The majority of his wealth stems from a more than 90% stake in Dangote Cement, a publicly traded company on the Nigerian Stock Exchange with a market cap of $11 billion. Dangote’s business interests span several African countries. He owns cement plants in Zambia, Senegal, Tanzania, and South Africa. In 2011, the commodities baron invested $4 billion to build a facility on the Ivory Coast. Earlier this year, Dangote announced plans to invest $3.8 billion in sugar and rice and $800 million in dairy production as Nigeria navigates its … [Read more...] about A Nigerian businessman is half as rich as he was 3 years ago — but he’s still the richest black billionaire in the world