The deal is expected to close next month, with Oracle, Silver Lake and MGX owning 45% of TikTok’s U.S. business.

The frenzy of the gift-giving season is over. Children have received their toys. Billionaires, too. Do you remember that old ...

Just eight billionaires accounted for a quarter of the gains, led by Elon Musk, Jeff Bezos, Larry Ellison and Larry Page ...

Oracle founder Larry Ellison, 81, lost $25 billion of his fortune in a single day, marking one of the largest single-day wealth declines of the year. The drop, which occurred on Thursday, came after ...

The largest sale came from Amazon.com Inc’s Jeff Bezos, who started offloading stock at the same time as his star-studded ...

Elon Musk, Jeff Bezos, and eight others are collectively worth over $2.5 trillion after the AI boom boosted their fortunes in ...

The AI stock boom has shaken up the rankings of the world's wealthiest people. Yahoo Finance Markets and Data Editor Jared ...

Mark Zuckerberg became the world's second-richest person for the first time in October last year. He's grown $23 billion wealthier since then, but has dropped to sixth place on the rich list. Jeff ...

Musk’s remarkable rise is largely due to a recent valuation of SpaceX at about $800 billion, after a tender offer that nearly doubled the company’s worth since August.