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Tech titan Peter Thiel has injected $3 million into a California group opposing a proposed 5% wealth tax on billionaires. This one-time tax targets California residents with assets exceeding $1 billion. The move signals a significant early financial backing for the campaign against the “2026 Billionaire Tax Act,” with other tech leaders also expressing concerns…
Elon Musk has rejected the long-standing narrative that Peter Thiel fired him as CEO of PayPal in 2000. In a post on microblogging site X (formerly known as Twitter), Musk said that his removal was a “palace coup” orchestrated by the executive team of the payment platform. The tech billionaire was responding to a podcast…
Elon Musk is the world’s richest person with a wealth of over $485 billion, according to Forbes Billionaires List. In 2012, the tech billionaire signed onto the Giving Pledge, an initiative co-founded by Microsoft founder Bill Gates and Warren Buffet. As part of the pledge, the world’s wealthiest individuals commit to donate at least half…
