Multi-billionaire Elon Musk's real net worth, like his personality, is volatile and mercurial.Probably the best known billionaire in the world (and undoubtedly the most covered by the news and social media), Musk and his exact wealth are a matter of speculation because he lives such an un-billionaire type existence.For one, Musk has no guaranteed multimillion dollar annual salary plus stock options and perks from Tesla Inc. Musk has a $56,000 monthly salary from Tesla but hasn't drawn this salary even once. Seems Musk relies on his salaries and perks from his other businesses such as SpaceX, The Boring Company, OpenAI and Neuralink to get by.But here's what we know about Musk's wealth. Forbes estimates his "real time net worth" as of May 15 at $19.5 billion. That's good for Number 40 on Forbes' billionaires list. CNBC places Musk's net worth at about $23.6 billion (no mention of a time frame).And here's why it's tough placing an exact number on Musk's wealth.In January, Tesla announced … [Read more...] about Elon Musk net worth: How much is Tesla, SpaceX CEO worth?
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caption Kylie Jenner and Miley Cyrus both make more than their famous parents. source Vivien Killilea & John Shearer/ Getty In Hollywood, there are celebrities who make even more money than their famous parents. Miley Cyrus has an estimated net worth of $160 million, while her father, Billy Ray Cyrus, has an estimated net worth of $20 million. Kylie Jenner is a billionaire, while her mother, Kris Jenner, has an estimated net worth of $90 million. Visit Business Insider’s homepage for more stories. There are countless examples in Hollywood of celebrity children following in their famous parents’ footsteps. Sometimes, the younger stars gain even more fame than their parents and ultimately rake in more money. INSIDER examined the estimated net worths of famous parents and their children in the movie, TV, and music industries. Although net worths are always an estimate and never an exact amount, we were able to learn who is likely … [Read more...] about 7 celebrities who are richer than their famous parents
The company also recorded Bt21.68 million in net profit for the quarter, up 136.42 per cent from the same period 2018. The company currently has a total backlog worth Bt1.44 billion, up 10.57 per cent from the period in 2018. “We expect our sales will maintain growth [and] we are negotiating with our partners from Taiwan and Japan to distribute their products,” the company’s chief executive officer Soonthree Chanlongbutra said on Monday. “The company is confident we will maintain our business growth in the rest of this year.” … [Read more...] about Techno Medical sees 136% jump in net quarterly profit
Paiboon Nalinthrangkurn, Fetco chairman, said that the three-month FETCO Investor Confidence Index dropped 2.83 per cent to 104.49 from 107.53 in the previous month, regarding it as “neutral” for a second straight month, given the unclear local political developments after the March-24 election. The Election Committee (EC) is believed to be preparing to certify the election results after which the new government can be formed, which could boost the Index and encourage foreign capital to move into the Thai stock market after net sales for four months. In the first four months of this year, foreign investors net sold Thai stocks worth about Bt10.02 billion or US$313 million. The Thai stock market is the only one in the region in which foreign investors net sold stocks. “This year is a good year for stock markets worldwide. The SET (Stock Exchange of Thailand) Index increased 7 per cent, regarded as slight, as it would have risen more if the Thai political … [Read more...] about Foreign investors net sellers in Thai bourse as political
By Alex Sazonov Bloomberg Tues., April 30, 2019 MOSCOW—The world’s wealthy are increasingly on the move. About 108,000 millionaires migrated across borders last year, a 14-per-cent increase from the prior year, and more than double the level in 2013, according to Johannesburg-based New World Wealth. Australia, U.S. and Canada are the top destinations, according to the research firm, while China and Russia are the biggest losers. The U.K. saw around 3,000 millionaires depart last year with Brexit and taxation cited as possible reasons. Wealth migration figures point to present conditions — such as crime, lack of business opportunities or religious tensions — but can also be a key future indicator, said Andrew Amoils, head of research at New World Wealth. “It can be a sign of bad things to come as high-net-worth individuals are often the first people to leave — they have the means to leave unlike middle-class citizens,” he … [Read more...] about Millionaires flee their homelands as tensions rise and taxes bite