Jeff Bezos, the world's richest man, soared about 66.5 miles (107 km) above the Texas desert aboard his company Blue Origin's New Shepard launch vehicle on Tuesday and returned safely to Earth.
Jeff Bezos, the richest man on Earth, became the richest man to visit space on Tuesday, after he and three other crew members soared more than 66 miles high aboard his company Blue Origin's New Shepard rocket, a historic unpiloted, suborbital flight that helps to inaugurate a new era of private commercial space tourism.
BEZOS: "Best day ever!" The 57-year-old American billionaire emerged from the space capsule after safely touching down in the Texas desert wearing a blue flight suit and a cowboy hat.
Bezos exchanged hugs with his crew, which included his brother Mark, 82-year-old pioneering female aviator Wally Funk and teenaged physics student Oliver Daemen, Blue Origin's first paying customer, who - at 18 years old - was too young to legally partake in the champagne that was sprayed after the successful mission, which made Funk and Daemen the oldest and youngest people to reach space.
The trip to the edge of space lasted about 10 minutes and 20 seconds, including a few minutes of weightlessness - Blue Origin's first crewed flight to space.
The flight comes nine days after British billionaire Richard Branson was aboard his competing space tourism company Virgin Galactic's successful inaugural suborbital flight.
These US Cities, Have the Highest Populations of, Millionaires.
According to a report by Henley & Partners,
the United States remains the top country in the
world for private wealth creation and accumulation.
Quartz reports that the U.S. accounts
for about 32% of global liquid investable
wealth, valued at approximately $67 trillion.
Here are some of the cities
with the largest populations of
millionaires, according to the report.
Austin, This Texas city had the biggest explosion
in millionaire growth in the U.S. over the past
ten years, reaching 32,700 by the end of 2023. .
Miami, This Florida city is home to
35,300 millionaires and 15 billionaires,
including Amazon CEO Jeff Bezos.
Boston, While having just eight billionaires,
the fewest of any other city on the list,
this New England city is home to , 42,900 millionaires.
Seattle, This Washington State city is the home of
some of the largest corporations in the U.S.,
including Amazon and Microsoft. It's also
home to 54,200 millionaires and 11 billionaires. .
Chicago, Approximately 120,500 millionaires
live in this Midwestern metropolis. .
Los Angeles, The second-most populous city in the U.S. has about, 212,100 millionaires and 43 billionaires.
San Francisco, The tech hub of the U.S. boasts the most
billionaires with a whopping 68, as well as
the second-most millionaires with 305,700. .
New York, The city with the most high
net worth individuals has about , 349,500 millionaires
and 60 billionaires
Credit: Wibbitz Top Stories Duration: 01:31Published
Elon Musk's net worth dropped nearly $40 billion this year, now totaling $189 billion, placing him third behind Bernard Arnault and Jeff Bezos. Tesla's declining share price contributed to the decrease. Despite challenges with Twitter's rebranding as X, Musk announced plans for a smart TV app. His proactive approach reflects his ongoing efforts to diversify and expand his ventures.
#ElonMusk #Tesla #elonmusk #elonmuskinterview #elonmusknews #elonmuskanddisney #Twitter #X #Oneindia #Oneindianews
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In a stunning turn of events, Tesla CEO Elon Musk has been dethroned as the world's richest person, with Amazon founder Jeff Bezos reclaiming the top spot. Join us as we delve into this dramatic shift in the billionaire rankings.
#ElonMusk #WorldsRichestPerson #JeffBezos #BloombergReport #BloombaergBillionaireIndex #ElonMuskvsJeffBezos #FinancialNews
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Jeff Bezos Sells $4 Billion , of Amazon Stock.
Earlier this month, Amazon
revealed that Bezos would be offloading
50 million shares by Jan. 31, 2025.
Earlier this month, Amazon
revealed that Bezos would be offloading
50 million shares by Jan. 31, 2025.
According to regulatory filings,
since Feb. 9, Bezos sold 24 million shares
over the course of four trading days.
The last time he sold stocks was
in 2021, Yahoo Finance reports. .
Bezos, one of the world's richest men, didn't
provide a reason for the timing of his recent sale. .
But he previously announced that he was moving from Washington to Florida to be closer to his fiancée, Lauren Sanchez, and other family members. .
But he previously announced that he was moving from Washington to Florida to be closer to his fiancée, Lauren Sanchez, and other family members. .
In 2022, Washington instituted
a 7% capital gains tax.
Bezos' decision to move to Florida will likely save
him $288 million so far, Yahoo Finance reports. .
"Because Bezos has only ever bought a single
share of Amazon," it's likely that he's had the stock, since the formation of the company, "and therefore
virtually all of their value would be considered
capital gains," according to 'Bloomberg.'.
According to Washington officials, capital gains tax brought in $855 million last year.
Over half of that amount
came from only 10 people. .
In March 2023, billionaire Ken Fisher said he would move from Washington to Texas.
Credit: Wibbitz Top Stories Duration: 01:31Published
Home Depot to Buy , Professional Contractor Supplier , SRS Distribution.
The deal, valued at $18.25 billion, will be
Home Depot's largest acquisition ever, AP reports. .
Home Depot CEO Ted Decker issued a statement.
SRS has built a robust and successful
platform that will accelerate our growth
with the residential professional customer
while presenting future opportunities
with the specialty trade pro, Home Depot CEO Ted Decker, via statement.
SRS has over 760 branches throughout 47 states.
Its fleet consists of more than 4,000 trucks,
many of which have jobsite delivery capabilities.
SRS CEO Dan Tinker also issued a statement.
We are looking forward to
combining our differentiated
assets and capabilities, including
our extensive branch network,
experienced sales team, , SRS CEO Dan Tinker, via statement.
... robust trade credit offering,
and order management system,
geared at serving the complex project
purchase occasion, with The Home
Depot’s competitive advantages, SRS CEO Dan Tinker, via statement.
We believe this will enable us to
better serve pros and continue
growing in our large and
highly fragmented market, SRS CEO Dan Tinker, via statement.
Tinker will continue to lead Texas-based SRS.
The deal will likely be finalized
"by the end of fiscal 2024," AP reports.
Credit: Wibbitz Top Stories Duration: 01:30Published
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Bay Area skywatchers watched excitedly billionaire Jeff Bezos' Blue Origin space launch on Tuesday. Kit Do caught up with some of them at the Chabot Space and Science Center in Oakland.
Jeff Bezos and his crew successfully completed a spaceflight. They were flying on the New Shepard, the rocket ship made by his space company, Blue Origin.