Elon Musk breaks Guinness record, Celine Dion fans protest, US farmers win right to repair

Jan 11, 2023 · 28m 35s
Elon Musk breaks Guinness record, Celine Dion fans protest, US farmers win right to repair
Description

Elon Musk has secured a world record for the largest loss of personal fortune in history, Guinness World Records claimed Friday. In a blog post, the global organization, which keeps...

show more
Elon Musk has secured a world record for the largest loss of personal fortune in history, Guinness World Records claimed Friday. In a blog post, the global organization, which keeps track of a huge variety of records, cited Forbes’ estimate that Musk had lost around $182 billion since November 2021 but noted that other sources indicate the figure is closer to $200 billion. While the true figure is unclear, Musk’s losses appear to easily surpass those of the previous record-holder, Japanese tech investor Masayoshi Son, who lost $58.6 billion in 2000. Forbes reported that that Musk’s net worth dropped from a peak of $320 billion in November 2021 to $137 billion on Tuesday. The magazine attributed Musk’s steep decline in net worth to shares of Tesla, of which Musk is CEO and the largest shareholder, falling by 65%. Forbes reported that the drop occurred almost entirely after Musk announced his $44 billion acquisition of Twitter in April. Musk sold $7 billion worth of Tesla stock as he was trying to finance his deal to buy the social media company and another $4 billion in November. He sold another $3.58 billion worth of stock last month, bringing his total sell-off to more than $23 billion since April. Musk lost his status as the world’s wealthiest person as a result of Tesla’s collapsing shares, being surpassed by French fashion and cosmetics magnate Bernard Arnault. A group of avid Celine Dion fans gathered outside of Rolling Stone headquarters in Midtown Manhattan on Friday, protesting the magazine for excluding the five-time Grammy Award-winning diva from its “200 Greatest Singers of All Time” list. Video shared online shows protesters chanting and singing songs outside the headquarters, carrying signs with messages including “How could you forget Celine?” and “Rolling Stone, you’ve hit an iceberg,” KTLA sister station WJW reports. The list, which was released on New Year’s Day, has caused plenty of social media uproar over its placement or exclusion of big industry names, most notably Dion.
Rolling Stone kicked off the list with a disclaimer that “this is the Greatest Singers list, not the Greatest Voices List.” Previously, farmers were only allowed to use authorised parts and service facilities rather than cheaper independent repair options. Deere and Co. is one of the world's largest makers farming equipment. Consumer groups have for years been calling on companies to allow their customers to be able to fix everything from smartphones to tractors. The American Farm Bureau Federation (AFBF) and Deere & Co. signed a memorandum of understanding (MOU) on Sunday. Mint Mobile. Providing premium wireless service on the nation’s largest 5G network, but for way less than what big wireless companies charge. Here’s a resolution you’re gonna wanna keep: from now until January 15th, you'll get 3 months FREE when you buy any 3-month plan. But this offer won’t be around much longer so…don't drop the ball. Mint Mobile. Premium Wireless for 15 bucks a month. Switch to Mint Mobile and stop spending so much on your wireless plan. Use our referral link to get $15 in renewal credit. http://fbuy.me/tHV6_
show less
Information
Author 567 Podcast
Organization Tiffany Granath
Website -
Tags

Looks like you don't have any active episode

Browse Spreaker Catalogue to discover great new content

Current

Podcast Cover

Looks like you don't have any episodes in your queue

Browse Spreaker Catalogue to discover great new content

Next Up

Episode Cover Episode Cover

It's so quiet here...

Time to discover new episodes!

Discover
Your Library
Search