Musk becomes first person with estimated fortune over US$400 billion

NEW YORK: Elon Musk is the first person to reach an estimated fortune of more than US$400 billion, reported German news agency dpa quoting Forbes and Bloomberg. His wealth mainly consists of shares in the electric car manufacturer Tesla and the aerospace company SpaceX. US magazine Forbes estimated Musk’s fortune at US$431.2 billion on Thursday […]
Berlusconi leaves huge fortune to children and friends

ROME: Italy’s ex-prime minister Silvio Berlusconi, who died in June, has left billions of dollars in inheritance to his closest relatives and friends. German news agency (dpa) reported that his two eldest children Marina and Pier Silvio would benefit the most, according to a will published on Thursday by Italy’s ANSA news agency. The two […]