The Tesla CEO’s net worth has exceeded the market cap of Toyota Motor, the world’s second-largest automaker.
The wealthiest Americans are seeing huge dividends from massive owning a lot of stocks, separating them from other smaller investors.
While Musk secures his position as the richest person on earth, Bezos’s net worth has shifted to the second.
The attachment of importance to being the world’s richest man by either Elon Musk or Jeff Bezos is arguably an unnecessary rivalry.
President Donald Trump was also accompanied by a host of others in being dropped from the billionaires ranking.
The billionaire investor, who previously urged investors to allocate at least 1% of their investment portfolios to BTC, revealed that buying Bitcoin has become his “best investment” bet.
The MIT researcher noted that many investors in the dataset they used for examination did not provide their specific gender information.
According to the expert, “today, the market is down because of the Chinese real estate contagion threat, despite many good headlines recently on Covid.”
The Bloomberg list ranked the richest families based on multiple industries and geographies.
Initially, the goal was $200 million. Inspiration4 commander Jared Isaacman donated $100 million personally. Further, the mission itself brought another $60.2 million in donations. With Musk’s donation, the campaign’s total raise made up more than $210 million.
The market value of Pinduoduo, the tech platform owned by Colin Huang, shed $53 billion following the government crackdown in China.
The BlackRock CIO noted that Bitcoin holds significant potential for future price appreciation. Calling it a speculative tool, Rieder believes it’s good to have Bitcoin in one’s portfolio.
With her strong belief in the potential role millennials will play to power the growth of hand-picked stocks in the near future, Cathie Wood has been betting on stocks that appeal to millennials the most.
The researchers also went on to reveal that 35 percent of the responses they gathered showed that the respondents believed that BTC would eventually surpass that of traditional fiat currencies.
Reese Witherspoon is the newest celebrity who has entered the thriving cryptocurrency sector by making her first ETH purchase.