The House She Built a Source of Conflict

-
There was a time when everything seemed to be going right for Amara . She was a beautiful woman, not only in appearance but in the way she carried herself. She grew up in a loving home, surrounded by parents who worked hard and believed that their children should never lack opportunities. Her father was a respected man who worked tirelessly to provide for the family, while her mother was equally hardworking. They raised their daughters with discipline, kindness, and the belief that education and hard work were the keys to a good life. Amara was the elder daughter. Her younger sister, Nadia , was also intelligent and ambitious. The two sisters grew up watching their parents work together, and they learned an important lesson from them: nothing worthwhile comes without sacrifice. As the years passed, both sisters became successful in their own ways. Amara worked hard, saved her money, and eventually achieved something she had dreamed about since she was young. She bought a beauti...
Post a Comment

Musk loses $15 billion in a day after Bitcoin warning

-

 23 February 2021

Elon Musk is no longer the world’s richest person after Tesla Inc shares slid 8.6% on Monday, wiping $15.2 billion from his net worth.

Tesla’s biggest decline since September was fueled in part by Musk’s comments over the weekend that the prices of Bitcoin and smaller rival Ether “do seem high.” His message – via his favored medium of Twitter – came two weeks after Tesla announced it added $1.5 billion in Bitcoin to its balance sheet.

Musk also tweeted earlier Monday that the company’s Model Y Standard Range SUV would still be available “off the menu,” backing up reports from electric vehicle news site Electrek that the model had been removed from its online configurator.

Musk drops to second on the Bloomberg Billionaires Index of the world’s 500 richest people with a net worth of $183.4 billion – down from a peak of $210 billion in January.

Amazon.com Inc founder Jeff Bezos reclaimed the top spot even as his fortune fell by $3.7 billion to $186.3 billion Monday.

The two billionaires have been swapping places since January as the value of Tesla fluctuated. The stock surged as much as 25% to start 2021 before wiping off almost all of this year’s gain.

Musk briefly overtook Bezos after his rocket company SpaceX raised $850 million earlier this month, valuing the company at $74 billion, a 60% jump from August.

Bezos occupied the top spot on the ranking for three straight years prior to January, when Musk eclipsed the e-commerce titan thanks to a 794% rally in Tesla shares.

The market selloff on Monday hit many of the world’s ultra-rich. Zhong Shanshan, Asia’s wealthiest person, was the second-biggest decliner on the Bloomberg index, dropping by $5.1 billion as his bottled-water company fell 4.5%.

Colin Huang of Pinduoduo Inc, Reliance Industries Ltd’s Mukesh Ambani and Tencent Holdings Ltd’s Pony Ma all lost more than $2.5 billion each.

Read: Musk defends Tesla Bitcoin move, says token less dumb than cash

Must Read

Comments

Post a Comment

Popular posts from this blog

This New Ultralight Aircraft May Be World’s Fastest Single-Engine Business Jet

-
Image
  The speedy LAR-01's automotive interior adds comfort and luxury. Plus: The wings detach, so the jet can be stored in a home garage. By  MICHAEL VERDON           Courtesy Flaris The  Flaris  LAR-01 has a number of striking stats, including being a ton lighter (literally) than its competitors, along with an unusually short-field landing capability, and detachable wings. But its most impressive number is the 250-knot true air speed, which its designers say makes it the world’s fastest business jet among single-engine very light jets and turboprop aircraft. Flaris says recent tests “confirmed the assumptions made previously” about the effectiveness of multiple systems, including its Garmin G600 avionics and Flaris Flight Assistance System flight computer, as well as the landing gear and emergency parachute system. But it also claims more impressive stats like the 250-knot TSA at 10,000 feet. Its 6,000-feet-per-minute climb rate, adds the compan...
Read more

Fighting Drug addiction

-
 Here's the story: We sat down with a man who had a harrowing journey with addiction. He began by telling us about his early days in tertiary education, where he would occasionally smoke dagga with friends. However, his focus remained on his studies, and he worked hard to graduate and secure a qualification. After landing a job, he started building a life for himself. He got married, bought a property, and even splurged on a car. Life was good, and he felt like he was on top of the world. But one fateful night, while out with friends, he was introduced to heavier narcotics. At first, the experience was exhilarating. He described it as an elevation from the mild high of dagga to a level 5 high, where he felt invincible and euphoric. The effects would last for days, allowing him to party from Friday to Sunday without sleep. The problem, however, began to manifest on Mondays and Tuesdays every week, when the withdrawal symptoms would kick in, and he'd struggle to function at work....
Read more

800 HP Bronze Lamborghini Urus With Mansory Carbon Kit Is Worth $500,000

-
Image
  Home   >   News   >   Tuning The Lamborghini Urus is easily the most famous performance SUV in the world, but it's not peerless. German twin-turbo SUVs have begun to give it some trouble. While the Italians still don't offer any performance gains, you can always drop  $500,000 on a tuned version.  9 photos This is the  Lamborghini Urus P820 Venatus by Mansory.  Even though the internet has almost unanimously decided it's ugly, we counted at least four others that must have been sold already. If your target is to confirm you've got way too much money to spend, it really gets the message across. The highlight of this particular build is the  Bronzo Zenas  paint finish, which is synonymous with another expensive Lamborghini, the Aventador SVJ Roadster, which presented this particular metallic shade at its Geneva 2019 debut. And while the Urus usually makes "only" 640 horsepower, this thing is more than a match for the SVJ (770 ...
Read more