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News and analysis from the world of business and finance.

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#JeffBezos and #MukeshAmbani, billionaires who have been battling for years in India, are headed for a ferocious new clash over rights to the country’s cricket matches.

Read more here: https://www.livemint.com/industry/jeff-bezos-poised-to-clash-with-mukesh-ambani-in-cricket-auction-11648721549657.html
#Amazon founder #JeffBezos will donate most of his wealth to charities that focus on climate change and social and political discrimination. As per Forbes, Bezos is currently the world's 4th richest man with a networth of $124 billion.

Read here: https://www.livemint.com/news/world/amazon-boss-jeff-bezos-to-give-away-most-of-his-wealth-to-charity-11668429462519.html
Two years after awarding #ElonMusk's #SpaceX a contract to ferry astronauts to the surface of the Moon, #NASA on Friday announced it had chosen #BlueOrigin, a rival space company founded by billionaire #JeffBezos, to build a second lunar lander.

Read here: https://www.livemint.com/news/world/nasa-taps-jeff-bezoss-blue-origin-to-build-moon-lander-for-artemis-5-mission-in-2029-11684577680634.html
Amazon founder #JeffBezos has reportedly invested $42 million to construct a clock that would last for 10,000 years.

According to a report, the monumental timepiece will be designed by computer scientist and inventor Danny Hillis, and is being built inside a mountain in West Texas.

Read here: https://www.read.ht/RZ7E
#JeffBezos has offloaded #Amazon shares worth $12 million this week. According to recent stock market filings, the sales took place on Wednesday and Thursday and netted just over $2 billion.

Notably this is the first time billionaire Jeff Bezos has sold the company’s stock since 2021.

Read more: https://www.read.ht/RvQT
#ElonMusk, the founder of Tesla and SpaceX, has surpassed #BernardArnault and #JeffBezos to become the richest person in the world, according to the Forbes Real Time Billionaires list.

Read here: https://www.read.ht/SbJv
#JeffBezos disclosed a plan to unload 25 million additional shares of #Amazon worth $5 billion on the day the stock hit a fresh record.

Read here: https://www.read.ht/Sb1z
#Amazon founder and executive chair #JeffBezos plans to sell 25 million shares of the e-commerce giant worth almost $5 billion after its stock hit a record high, a regulatory filing showed.

Read here: https://www.read.ht/Sb2J
#JeffBezos’s net worth dropped by $15.2 billion on Friday, contributing to a broader decline that wiped out $134 billion from the combined wealth of the world's 500 richest people.

Amazon shares fell 8.8% amid a market selloff, reducing Bezos’s net worth to $191.5 billion, according to the Bloomberg Billionaires Index.

Read more here: https://www.read.ht/Sbif