In the span of six weeks, Elon Musk has lost nearly half his fortune. According to the Bloomberg Billionaires Index, his net worth fell from a peak of about $1,330 billion in mid-June to about $684 billion by the end of July. Despite this setback, he remains by far the richest person in the world. In fact, his fortune is still greater than that of the second- and third-richest people combined.

It was supposed to be a dream week for Leopold Aschenbrenner (24), the young Wall Street prodigy who, thanks to his AI fund “Situational Awareness,” had posted a staggering 439% return in six months. Instead of celebrating, however, this week turned into a financial bloodbath: his fund reportedly lost tens of billions and was forced to sell nearly all of its positions in publicly traded stocks.

No more digital subscriptions for some young French people who, according to a survey, are facing too many monthly expenses.

Although a major deal has just been struck with the French film industry, that hasn’t stopped the head of Canal+ from following through on his threat: he will cut off funding to anyone in the industry who damages the group’s image.

According to Amid Faljaoui, a business columnist for the Belgian media outlet RTBF, many investors own SpaceX shares without even choosing to do so or being aware of it.

FIFA President Gianni Infantino has launched a controversial project aimed at creating a new company to handle the commercial management of the World Cups—men’s, women’s, and club. This project, dubbed “FIFA Forward Enterprise,” is expected to be worth $20 billion and is attracting private investors, including Thrive Eternal, led by Joshua Kushner, the brother of Jared Kushner, U.S. President Donald Trump’s son-in-law.

eBay and three former executives have reached a settlement totaling $55.7 million (more than 51 million euros) with David and Ina Steiner, a couple residing in the U.S. state of Massachusetts. In 2019, the bloggers were the victims of a large-scale harassment and stalking campaign carried out by employees of the auction platform, in retaliation for their critical newsletter, EcommerceBytes.

According to an analysis by The Washington Post, based on the Health and Retirement Study, experts’ financial projections significantly underestimate the actual cost of aging, support, and care for the elderly.

While many countries have a guaranteed minimum wage, the amounts vary widely around the world.

Belgium plans to introduce a mandatory, paid, digital toll sticker for its highways and major roads. The measure will take effect on May 1, 2027.