Here’s How Much Jeff Bezos Lost on the Stock Market’s Worst Day of 2019

The world’s richest man lost billions in a single day. | Source: Photo by JASON REDMOND / AFP The US stock market collapsed yesterday, wiping out more than $700 billion in a matter of hours. Jeff Bezos was among the many billionaires that saw his net worth slashed, but how much did the Amazon boss …

Elon Musk Could Use Some Steve Jobs-Like Wizardry to Fix Tesla

This should be a happy time for Tesla. After recently confounding critics by breaking its quarterly record for vehicle deliveries in Q2 2019, its share price rocketed over seven percent, closing the day just over four percent higher. After a miserable quarter plagued with boardroom infighting, resignations, missed delivery targets, lukewarm sales, safety scandals, lawsuits …

‘Extreme’ Alexandria Ocasio-Cortez’s Tax Reforms Would ‘Create Tax Dodging’

What does America’s second wealthiest man think of Ocasio-Cortez’s tax reforms? Bill Gates believes that talk of a top-rate tax of 70 percent is “extreme” and completely “missing the picture.” In an interview with the Verge, Gates spoke out on his views of the taxation reforms. He conceded that taxes could be higher, or “more …

Facebook Co-Founder Chris Hughes, Worth $500 Million, Wants to Pay Higher Taxes

Facebook co-founder Chris Hughes is back advocating for higher taxes for wealthy Americans. This is not the first time Hughes is calling on the government to take a step to help low-income Americans trying to make ends meet. Hughes spoke on CNBC’s “Squawk Box” saying: As a member of that 1-percent, 0.1-percent, I can tell …