Ben Ainslie and Ineos ended partnership last year Statement says boat used in 2024 ‘belongs to Ineos’ Sir Jim Ratcliffe’s Ineos Group is taking legal action against Sir Ben Ainslie over the boat built for the 2024 America’s Cup. Ratcliffe and Ainslie worked closely together across two cycles of the famous sailing competition, culminating in a historic but ultimately unsuccessful challenge for the title 18 months ago. Continue reading... from The Guardian https://ift.tt/Sr7zMia via IFTTT
Startup valuation, likely to go public at $800bn, will bolster Musk’s wealth to an estimated $677bn, according to Forbes
Elon Musk on Monday became the first person ever worth $600bn, according to Forbes. The news comes on the heels of reports that his SpaceX startup was likely to go public at a valuation of $800bn.
Musk, who was the first to surpass $500bn in net worth in October, owns an estimated 42% stake in SpaceX, which is preparing to go public next year. No other person has hit the $500bn mark.
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