Elon Musk loses $100 billion as SpaceX shares tumble
Elon Musk has lost close to $100 billion in paper wealth in days as SpaceX shares tumbled more than 26 percent from their post-IPO peak.
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Eddie Murphy's $200 million fortune is built on franchises, Donkey and a very long memory
Eddie Murphy went from $4,500 per SNL episode at 19 to a $200 million fortune built on Beverly Hills Cop, Shrek's Donkey, a $70 million Netflix deal and the AFI Life Achievement Award.
Michael B. Jordan owns a Premier League club but can't sell his $12.5M mansion
Michael B. Jordan can't sell his $12.5 million Encino mansion. His most valuable real estate is the Premier League stadium his club just bought back.
Usher turned a teenager's audition tape into a $180 million empire spanning music and sports
Usher turned a teenage audition for L.A. Reid into a $180 million empire spanning music, a co-founded record label, a Cleveland Cavaliers stake and the most-watched Super Bowl halftime show ever.
Deshaun Watson is worth $230 million and has played in just 19 NFL games
Deshaun Watson signed the largest guaranteed contract in NFL history at $230 million, played 19 games across four years, and left the Cleveland Browns with a debt they cannot escape.
Shonda Rhimes earned $350 million from television and ABC never once paid her fairly
Shonda Rhimes generated $2 billion for ABC, signed a $300 million Netflix deal and built a $240 million fortune. She had to fight ABC for a fair salary through all of it.
John W. Rogers Jr. is leaving Nike's board after eight years and will stay on as a strategic advisor
Ariel Investments founder John W. Rogers Jr. will retire from Nike's board at the September 2026 annual meeting after eight years of service.
Elon Musk's SpaceX shares have dropped 20 percent from their peak and analysts say the stock is worth far less
SpaceX shares have fallen more than 20 percent from their post-IPO high and credible analysts say the stock is still significantly overvalued at current levels.
Chiwetel Ejiofor built a $16 million fortune from 12 Years a Slave to Marvel
Chiwetel Ejiofor, the son of Nigerian immigrants in East London, turned an Oscar-nominated career across indie film and Marvel into a quiet fortune.
Billionaire Robert F. Smith warns companies not to let AI wipe out their intern programs
Billionaire Robert F. Smith has urged companies not to destroy internship programs as artificial intelligence increasingly reshapes entry-level work across industries.
Liberian-American multimillionaire Richelieu Dennis is sued for defamation by the former CEO of his Essence Ventures
Caroline Wanga has filed a defamation lawsuit against Liberian entrepreneur Richelieu Dennis, alleging he let a false narrative destroy her reputation after the 2025 Essence Festival.
The son of America's richest Black billionaire just secured $30 million for his Nigerian mythology franchise
David Steward II's Lion Forge Entertainment has closed new international distribution deals for its Nigerian mythology series Iyanu after a $30 million investment round.
Master P turned $10,000 and a record store storage room into a $200 million empire
Master P turned a $10,000 grandfather's settlement into a $200 million empire by owning his masters, running his label like a manufacturer and outworking an entire industry.
Thasunda Brown Duckett is managing $1.5 trillion at TIAA and she is trying to fix America's broken retirement system
Thasunda Brown Duckett is managing $1.5 trillion at TIAA and leading a push to fix America's $4 trillion retirement savings gap one annuity at a time.
Alicia Keys turned 16 Grammys into a $75 million music and beauty empire
Alicia Keys grew up in a one-room Hell's Kitchen apartment and turned 16 Grammys into a music, beauty and Broadway empire worth millions.
Drake built a $400 million empire and then sued the label that made him
Drake built a $400 million empire spanning music, real estate and a $100 million gambling deal, then filed an 81-page lawsuit against the label that made him a star.