Hours after President Trump said Sunday he had "second thoughts" about escalating the trade war with China, the White House sought to explain his remark because it was...Politicsread more
Clouding the G-7 gathering, which represents the world's major industrial economies, are the tit-for-tat tariffs between Washington and Beijing.Politicsread more
President Donald Trump said that he would have a major trade deal with U.K. after it leaves the European Union.Politicsread more
Despite Kudlow's expectations, China said on Saturday that it strongly opposes Trump's decision to levy additional tariffs on $550 billion worth of Chinese goods, and warned...Politicsread more
President Donald Trump said Sunday he was not happy after North Korea launched short-range ballistic missiles over the weekend.Politicsread more
Carl Medlock used to work at Tesla. Now he's one of the few people in the U.S. that can fix the company's original Roadster electric vehicles.Technologyread more
The announcement for Target also comes on the heels of a strong quarterly earnings report, where it showed it drove more people to stores and got them to spend more money...Retailread more
The Goldman Sachs technology M&A team, led by Sam Britton, has cashed in on its software focus and decades of experience to dominate 2019's biggest deals.Technologyread more
American small and medium-size companies that rely on China are scrambling to adjust their business plans in response to the escalating trade war.Traderead more
Here are the products that stand to be the most affected by China's new tariffs on $75 billion worth of U.S. goods.Marketsread more
The summit comes amid fears over a global economic slowdown, and U.S. tensions over trade allies, Iran and Russia.Politicsread more
Facebook's 2017 stock surge has Mark Zuckerberg keeping some much-older company.
With up nearly 50 percent this year, the company's co-founder and CEO is now the world's fifth-richest person, thanks to a fortune worth roughly $70 billion.
And those aren't the only senior citizens whom Zuckerberg now calls peers.
The average age of the 10 wealthiest individuals is 72.7 years old, excluding Zuckerberg. Even including him, the average is still 68.7, or more than double his age.
He's the only member of the top 10 list below the age of 50. Amazon CEO Jeff Bezos is next closest at 53.
And among the 20 richest, he's the only member of the list below age 40.
Indeed, among those who have enough hair to judge, Zuckerberg is the only one of the world's 12 richest people not to have a head full of gray (Bezos' bald pate making his current color difficult to ascertain.)
As of March 31, 2017, Zuckerberg owned 410,758,857 Class B Facebook shares, or a whopping 77 percent of the total, according to page 37 of the company's annual proxy filing.
At Monday's closing price of $169.25, those shares — which control most of the company's voting rights, and thus the company — are worth approximately $69.5 billion.
Zuckerberg then owned a much smaller number of Class A shares, now worth roughly $445 million, the filing says. (The company also has a third class of shares, Class C, that have no voting rights.)
Since then he has continued to sell off his holdings at regular intervals. In July, for example, Zuckerberg sold $42.5 million worth of Class A stock via more than a dozen transactions.