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Elon Musk tops Forbes' 2025 Billionaire's List with a net worth of $342 billion, followed by Mark Zuckerberg at $216 billion and Jeff Bezos at $215 billion. The list features 3,028 billionaires worth a combined $16.1 trillion, with the majority residing in the United States.
President Donald Trump expressed openness to the idea of Elon Musk or Larry Ellison purchasing TikTok, emphasizing that the app's value could soar to $1 trillion with U.S. operational permits. He suggested that a buyer could share half of the app with the U.S. in exchange for the necessary permits. TikTok, currently owned by China's ByteDance, faces uncertainty in the U.S. following a recent executive order aimed at keeping it operational for 75 days.
TikTok CEO Shou Chew is set to attend President-elect Donald Trump's inauguration amid looming threats to the app's U.S. operations. With a deadline for divestiture approaching, both Trump and President Biden are exploring options to keep TikTok available, despite past efforts to ban it. Meanwhile, American investors, including MrBeast, are reportedly interested in acquiring TikTok's U.S. arm to prevent a shutdown.
Amazon faced scrutiny from the House China committee regarding its partnership with TikTok, which allows users to make purchases directly through the app. Lawmakers expressed concerns about the national security risks posed by TikTok, owned by China's ByteDance. Meanwhile, TikTok's future in the U.S. remains uncertain, with a law requiring ByteDance to divest by January 19, 2024, or face a ban.
TikTok employees exhibit indifference towards the potential impact of the US elections on the app, focusing instead on product development despite ongoing discussions about a possible ban. Many believe their job security is not immediately threatened, as legal battles over the ban could extend for years. The bipartisan support for the Protecting Americans from Foreign Adversary Controlled Applications Act complicates any potential reversal of the ban, leaving employees uncertain about the future.
Jeff Yass
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
elon musk and mark zuckerberg lead forbes richest billionaires list
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