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xAI, Elon Musk's OpenAI rival, is closing on $6B in funding and X, his social network, is already one of its shareholders

As of last weekend, Jared Birchall, who heads Musk's family office, was telling prospective investors that xAI was raising $3 billion at a $15 billion pre-money valuation. Sequoia Capital and Future Ventures, the venture fund co-founded by Musk’s longtime friend Steve Jurvetson, are participating in the round. Other participants are likely to include Valor Equity Partners and Gigafund, whose founders are also part of the inner circle of Musk, who famously blends the personal and the private.

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How Most Billionaires Made Their Money

There are many routes to making the billionaires list. Some are more likely than others.

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Dangote, Adenuga, Abdulsamad, Otedola make Forbes list with $26bn

Forbes has listed Nigerian businessmen, Aliko Dangote, Mike Adenuga, Abdulsamad Rabiu and Femi Otedola, as the top richest Nigerians in 2024.

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Dangote, Adenuga, Otedola, BUA CEO make Forbes list of Nigeria's wealthy billion

Forbes has identified Aliko Dangote, Mike Adenuga, Abdulsamad Rabiu, and Femi Otedola as the wealthiest individuals in Nigeria in 2024.

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Forbes billionaires list: Dangote ranked 144, Adenuga 409, Abdulsamad 581, Otedola 2,152

Forbes billionaires list: Dangote ranked 144, Adenuga 409, Abdulsamad 581, Otedola 2,152
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Forbes' 38th Annual World's Billionaires List: Facts And Figures 2024

Forbes' 38th Annual World's Billionaires List: Facts And Figures 2024
forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.

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Dangote, 3 Other Nigerians Make Forbes' 2024 Billionaires List

Forbes has listed Nigerian businessmen, Aliko Dangote, Mike Adenuga, Abdulsamad Rabiu and Femi Otedola, as the top richest Nigerians in 2024.

China , India , United-states , France , Hong-kong , Benin , Nigeria , Geregu , Kogi , Italy , Ghana , Nigerian

Meet the Ukrainian Georgetown Students Studying to Rebuild Ukraine

Two years since Russia invaded Ukraine, these Ukrainian students are gaining the skills and tools they need to help rebuild their homeland.

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Reports of Elon Musk partying and doing drugs may make investors uncomfortable, but it's a distraction from execution issues at the company, Tesla investor Ross Gerber says

"I'm not that concerned about Elon's personal time and whatever. What I'm concerned about is he's not at Tesla building trucks."

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WSJ: Elon Musk's Drug Use, Close Ties to Tesla Directors Spark Investor Concerns

Elon Musk's alleged drug use and close relationships with multiple Tesla board members, who are supposed to provide independent oversight on issues like Musk's compensation package, have raised concerns about conflicts of interest, according to a recent Wall Street Journal report.

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