Mimiano

Tesla's skyrocketing share prices have made Elon Musk the world's second-richest person, with a net worth of nearly $128 billion, according to the  Bloomberg Billionaires Index . Musk edged past Bill Gates on Tuesday now behind Amazon founder  Jeff Bezos  who is worth more. Tesla CEO Elon Musk visits the construction site of a future Tesla plant near Berlin on Sept. 3. Musk is now the world's second-richest person, according to the Bloomberg Billionaires Index. Bloomberg  reported  that the Tesla CEO has added more than $100 billion to his net worth in 2020, propelling him from the 35th spot on the index up to No. 2. Most of Musk's wealth is tied up in Tesla stock. Instead of drawing a salary, he has been compensated in stock based on the company's performance — a decision that has paid off handsomely for him so far. Tesla stock has repeatedly defied skeptics and pushed to stratospheric heights. So far, Musk has received four of the 12 bonuses negotiated in his exec

As South Korea withdrew its candidate, Yoo Myung-hee, from the race,  Nigeria’s former Minister of Finance, Ngozi Okonjo-Iweala’s chances of securing the Director-General of the World Trade Organisation (WTO) brightened. Washington Trade Daily quoted sources as saying that South Korea had notified the United States (U.S.) government of its decision and would make the decision public in the days ahead. The implication of this decision by South Korea is that Okonjo-Iweala now stands a better chance of being announced as Director-G of the World trade body. “Washington refused to accept the recommendation of the selection panel headed by General Council Chair, Ambassador David Walker that Okonjo-Iweala is the most likely candidate of the two to attract consensus. “This is because she had the largest support of members of the panel at the final round and clearly enjoyed broad support from members from all levels and geographic regions and had done so throughout the process,” it stated. The