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Elon Musk breaks world record for biggest drop of personal wealth in history

The Tesla founder has just shattered a huge world record – but it’s probably one he would rather have left alone.

Latest Business

​$1.2 trillion wiped: Musk’s disastrous year ​

Elon Musk is no longer the world’s richest man after a catastrophic 365 days for the billionaire where he has just haemorraged money.

​Girlfriend faced 110 years before co-operating ​

Disgraced FTX crypto mogul Sam Bankman-Fried’s ex-girlfriend Caroline Ellison was facing up to 110 years in prison before she started talking.

Microsoft Responds to FTC Suit Over Activision Deal

Software giant files documents opposing claims that transaction would harm competition in videogame industry

​Ex-girlfriend of crypto mogul pleads guilty ​

The ex-girlfriend of disgraced crypto mogul Sam Bankman-Fried and a co-founder of FTX have pleaded guilty to fraud charges and are co-operating with prosecutors.

FTX founder Sam Bankman-Fried to face fraud charges after extradition, two ex-associates charged

The Bahamian Office of Attorney General Ryan Pinder said Bankman-Fried would depart for the U.S. Wednesday night.

Sam Bankman-Fried: FTX founder arrested in Bahamas

Sam Bankman-Fried, founder of the collapsed cryptocurrency exchange FTX, has been arrested in The Bahamas, the country's attorney general has said.

FTX Founder Sam Bankman-Fried Arrested

The former FTX chief executive was arrested in the Bahamas after the U.S. filed criminal charges, the Office of the Attorney General of the Bahamas said.

Frenchman usurps Musk as world’s richest

Tesla boss Elon Musk has been briefly knocked off the perch as the world’s richest person after months of tumult at Twitter.

Trump Organization Found Guilty of Criminal Tax Fraud

A jury found former President Donald Trump’s family business engaged in an off-the-books compensation scheme to pay some executives in car leases, apartments and cash.

The Disney CFO Who Raised Concerns About Bob Chapek Has Respect on the Street

Christine McCarthy joined the entertainment company in 2000 and became CFO after 15 years as treasurer

Robert Iger Returns as Disney CEO as Bob Chapek Is Ousted

Iger will run the entertainment company he left only late last year; company’s stock price shot up in premarket trading

Disgraced FTX founder Sam Bankman-Fried penthouse sale listing was a fake: report

Sam Bankman-Fried's $40M Bahamas penthouse was briefly listed for sale this week

Theranos founder Elizabeth Holmes jailed for fraud

Theranos founder Elizabeth Holmes has been sentenced to over 11 years in prison for defrauding investors in her blood testing startup that was once valued at $9bn (£7.5bn).

Ex confesses foray into ‘Chinese harem’

Caroline Ellison, the ex of disgraced FTX founder Sam Bankman Fried, wrote graphic blog posts about polyamory and masochism.

Crypto Exchange FTX Files for Bankruptcy, CEO Resigns

The exchange’s founder, once seen as a steady hand in the world of digital assets, is under investigation and his company filed for bankruptcy

Elon Musk’s ruthless firing spree at Twitter ​

Tech billionaire Elon Musk has made a major statement after completing his takeover of Twitter - ending a lengthy tug-of-war with the social media firm’s board.

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