CEO News

Michael Jordan And Other Athletes Invest To Lift WatchBox Valuation To Almost $1 Billion

November 26, 2021
Former basketball player, Michael Jordan, who now owns the Charlotte Hornets, joined a list of athletes to invest in WatchBox.
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Jeff Bezos’ Blue Origin To Send Michael Strahan To Edge Of Space

November 25, 2021
Liftoff is scheduled for 9:30 am CT on December 9 from Blue Origin’s launch facilities in Texas.  Strahan and Laura Shepard Churchley, daughter of first American astronaut Alan Shepard, will be joined by investors Evan Dick, Dylan Taylor, Lane Bess, and Bess’ son Cameron Bess.   Blue Origin has called Strahan and Shepard Churchley its “honorary […]
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Musk Sells Another $1 Billion Of Tesla Stock, Bringing The Total To Almost $10 Billion Sold This Month

November 24, 2021
The Tesla CEO made the sales after exercising options to buy 2.15 million shares, according to filings with the Securities and Exchange Commission. Since November 8, Musk has sold around 9.2 million shares worth approximately $9.85 billion. The flurry of sales follows Musks’s Twitter poll in which he asked his followers whether or not he […]
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Rolls-Royce All-Electric Aeroplane Beats Record With Top Speed Of 387.4 MPH

November 23, 2021
Rolls-Royce’s all-electric aircraft, the “Spirit of Innovation”, has recently hit a record-breaking top speed of 387.4 mph on a series of runs at the UK Ministry of Defence’s Boscombe Down testing site in Wiltshire, UK. Rolls-Royce claims that this makes the Spirit of Innovation the fastest EV in the world, with the figures since submitted […]
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Billionaire Ken Griffin Outbids Crypto Group For US Constitution Copy

November 22, 2021
Ken Griffin, CEO and founder of Citadel, has revealed himself as the winner of a $43.2 million auction for a rare copy of the US Constitution after outbidding crypto group ConstitutionDAO.  ConstitutionDAO had managed to raise approximately $47 million in a week in a visionary attempt to win the rare document and put it on […]
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Penfolds Partner With BlockBar To Sell Luxury Vintage Wine Barrel As NFT

November 19, 2021
Australian winemaker Penfolds has teamed up with BlockBar, a leading non-fungible token (NFT) marketplace for luxury beverages, to sell an NFT tied to a rare barrel of vintage wine.  The digital token corresponds to a limited-edition barrel of wine made from vintage 2021, which is currently maturing.  From the customers who sign up for the […]
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Now Live: CEO Today USA Awards 2021

November 19, 2021
This year's CEO Today USA Awards have now been released, shining a spotlight on some of the most ambitious and successful business leaders in America.
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Prada CEO Patrizio Bertelli Plans Hand Over Role Within 3 Years

November 19, 2021
Bertelli told an analyst presentation in Milan that he says three years because of his age, though insists he’s not anxious about it. He says he believes his son has “the right attitude” for the job, but “it will be up to him to decide” when to take over. Lorenzo, who currently stands as the […]
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Experimental Nuclear Power Plant Backed By Bill Gates Heads To Wyoming

November 18, 2021
According to an announcement on Tuesday, which came just days after the end of the COP26 summit, a new Natrium nuclear power plant will be built in Kemmerer, Wyoming. It will replace a coal-fired plant that is set to shut its doors in 2025.  “People across Wyoming welcomed us into their communities over the past […]
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Billionaire Coinbase Co-Founder Launches Crypto Venture Fund

November 17, 2021
On Monday, investment firm Paradigm announced it was launching a $2.5 billion venture-capital fund. Paradigm was founded in 2018 by billionaire Coinbase co-founder Fred Ehrsam and Matt Huang who previously worked as a partner at Sequoia Capital. Paradigm’s new fund will be aimed at the “next generation of crypto companies and protocols” and will be […]
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JPMorgan Sues Tesla Over Elon Musk’s Tweets

November 16, 2021
According to court filings on Monday, JPMorgan Chase filed a lawsuit against Tesla for $162.2 million, accusing Musk’s electric vehicle company of “flagrantly” breaching a contract related to stock warrants after its share price rocketed.  JPMorgan claims that Tesla breached the terms of a contract that was signed between the companies about repricing the warrants. […]
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Trump To Sell Prized Washington Hotel For At Least $375 Million

November 16, 2021
The Trump International Hotel is a historic building near the White House. It is Washington’s second-tallest structure after the Washington Monument and is currently leased by the Trump Organization from the US government. According to The Wall Street Journal, CGI Merchant Group, which is in contract to acquire the lease, plans to rebrand the hotel, […]
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