Scott Carpenter | The Seattle Times

Ernie Garcia III, founder and chief executive officer of Carvana Co., second left, and his father Ernest Garcia II, chairman of Carvana Co., center, stand during the company’s initial public offering (IPO) on the floor of the New York Stock Exchange in New York on April 28, 2017.

April 21, 2022 at 3:23 pm

The billionaire father-son team behind Carvana is losing wealth fast

Used-car dealer Carvana said it faced a "uniquely difficult environment" after reporting a larger-than-expected quarterly loss.

Business

October 8, 2021 at 12:11 pm

Elon Musk just added $10 billion in wealth, dominating the world’s richest list

(Bloomberg) -- Elon Musk is pulling away from the rest of the world when it comes to personal wealth. Musk's net worth rocketed to $223...

Business

Tim Cook, chief executive officer of Apple Inc., in Beijing on March 24, 2018. MUST CREDIT: Bloomberg photo by Giulia Marchi.

August 26, 2021 at 7:20 am

Apple CEO poised to get $750 million final payout from award

Apple's soaring stock price has allowed Apple CEO Tim Cook to collect top payouts year after year and made him a billionaire. He currently has...

Business

Steve Ballmer, founder of USA Facts, talks during an interview, Thursday, Nov. 14, 2019 in New York. A new poll from The Associated Press-NORC Center for Public Affairs Research and USA Facts finds that regardless of political belief, many Americans say they have a hard time figuring out if information is true. (AP Photo/Mark Lennihan) OTKNYML309

July 7, 2021 at 2:17 pm

Steve Ballmer becomes ninth member of the $100 billion club

Steve Ballmer, the former CEO of Microsoft and now owner of the NBA's Los Angeles Clippers, has a net worth of more than $100 billion,...

Business

Jeff Bezos, founder and chief executive officer of Amazon.com Inc., listens during a discussion at the Air Force Association’s Air, Space and Cyber Conference in National Harbor, Maryland, U.S., on Wednesday, Sept. 19, 2018. Amazon is considering a plan to open as many as 3,000 new AmazonGo cashierless stores in the next few years, according to people familiar with matter, an aggressive and costly expansion that would threaten convenience chains. Photographer: Andrew Harrer/Bloomberg

July 6, 2021 at 7:40 pm

Jeff Bezos hits wealth record of $211 billion on Pentagon move

Jeff Bezos, the world’s richest man, reached a record $211 billion net worth Tuesday after Amazon shares rose 4.7%. His ex-wife MacKenzie Scott saw her...

Business