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An equal amount of money has been put into fossil fuels and green energy.
According to a research released on Tuesday, investment in cleaner energy has surpassed $1 trillion for the first time ever, putting it on the cusp of surpassing spending on fossil fuels for the first time ever. Despite this achievement, Bloomberg NEF finds that investment in energy transition te...
MACKENZIE SCOTT GIVES AWAY MORE THAN $4 BILLION IN 4 MONTHS
Highlights
• According to the Bloomberg Billionaires Index, the wealth of Mackenzie Scott surged $23.6 billion this year to $60.7 billion courtesy of Amazon's stock going up
• Scott in her latest blog post said she had asked her team to figure out how to give awa...
NOT BILL GATES, BUT ELON MUSK IS THE SECOND RICHEST MAN ON THE PLANET
Highlights
• The net worth of Musk jumped $7.2 billion on Monday to $127.9 courtesy of yet another surge in price of Tesla’s shares
• Musk's advancement in terms of wealth is majorly driven by Tesla, whose market value is speedily inching towards the $500 b...
MUKESH AMBANI: THE NEW 4TH RICHEST MAN IN THE WORLD
Highlights
• Mukesh Ambani displaced France's Bernard Arnault, the Chairman, Chief Executive of LVMH Moet Hennesy-Louis Vuitton SE
• As per the Bloomberg Billionaires Index, the net worth of Mukesh Ambani is $80.6 billion
• The net worth of Mukesh ...
NOT LARRY PAGE BUT MUKESH AMBANI IS THE 6TH RICHEST MAN IN THE WORLD
Highlights
• According to the Bloomberg Billionaires Index, the real-time net worth of Mukesh Ambani is $72.4 billion.
• The flurry of investments witnessed by Reliance Jio Platforms has immensely benefited the wealth of Mukesh Ambani as owns stake of 42 percent in R...
MUKESH AMBANI'S RIL IS THE FIRST INDIAN COMPANY TO HAVE MARKET VALUATION OF $150 BILLION
Highlights
• In Indian currency, the valuation of Reliance is more than Rs 11 lakh crore
• The stocks of RIL have been heavily boosted by the announcement of RIL becoming net-debt free and Mukesh Ambani jumping to the ninth spot in the list of World’s top 10 ri...
ASIA’S RICHEST MAN MUKESH AMBANI IN THE LIST OF WORLD’S 10 RICHEST
Highlights
• Mukesh Ambani went past Oracle Corporation's Larry Ellison and France’s Francoise Bettencourt Meyer to claim the No. 9 spot
• At present, Mukesh Ambani's net worth stands at $64.5 billion
• The investment spree witnessed by R...
GERMANY RANKS FIRST IN THE BLOOMBERG INNOVATION INDEX FOR 2020
In the 2020 Bloomberg Innovation Index, Germany stood in the first place. It broke South Korea's six-year winning streak.
The annual Bloomberg Innovation Index is in its eighth year. This year, analysis was based on seven metrics. There were dozens of criteria under these metrics. I...
Protest by Google Workers for ‘Brute Force Intimidation’
Google is known for its open corporate culture and workers always say that they are blessed to be a part of such an employee friendly organization. This always sounded true until recent ‘Brute Force Intimidation’ came up. On Friday, at 11 am, around 200 workers gathered outside Google...
Banks try to dominate the Asian market
The banking sector of the United States has been in the news for major changes that it has been making. It was a brazen campaign to win business in China by charming and enriching the country's political elite.
The bank gave a Chinese president a crystal tiger and a Bang & Olufs...