• Health
    Cosmo

    Experts warn against vagina 'health hack' going around TikTok

    It involves a thumb and... yeah

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  • Celebrity
    People

    Princess Diana's Former Aide Says Meghan Markle and Prince Harry Echo Past Royal Family Rifts

    "At the heart of this are real people really hurting," said Patrick Jephson, Princess Diana's former chief of staff

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  • Celebrity
    People

    Nicolas Cage Ties the Knot for Fifth Time, Marrying Girlfriend Riko Shibata in 'Intimate' Las Vegas Ceremony

    The actor married Riko Shibata on February 16

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  • Business
    Bloomberg

    Elon Musk Loses $27 Billion as Historic Wealth Gains Unravel

    (Bloomberg) -- Elon Musk set records last year for one of the fastest streaks of wealth accumulation in history. The reversal is underway, and it’s steep.The Tesla Inc. chief executive officer lost $27 billion since Monday as shares of the automaker tumbled in the selloff of tech stocks. His $156.9 billion net worth still places him No. 2 on the Bloomberg Billionaires Index, but he’s now almost $20 billion behind Jeff Bezos, who he topped just last week as world’s richest person.Musk’s tumble only underscores the hard-to-fathom velocity of his ascent. Tesla shares soared 743% in 2020, boosting the value of his stake and unlocking billions of dollars in options through his historic “moonshot” compensation package.His gains accelerated into the new year. In January, he unseated Bezos as the world’s richest person. Musk’s fortune peaked later that month at $210 billion, according to the index, a ranking of the world’s 500 wealthiest people.Consistent quarterly profits, the election of President Joe Biden with his embrace of clean technologies and enthusiasm from retail investors fueled the company’s rise, but for some, its swelling valuation was emblematic of an unsustainable frothiness in tech. The Nasdaq 100 Index fell for the third straight week on Friday, its longest streak of declines since September.Bitcoin InvestmentMusk’s fortune hasn’t been solely subject to the forces buffeting the tech industry. His net worth has risen and slumped recently in tandem with the price of Bitcoin. Tesla disclosed last month it had added $1.5 billion of the cryptocurrency to its balance sheet. Musk’s fortune took a $15 billion hit two weeks later after he mused on twitter that the prices of Bitcoin and other cryptocurrencies “do seem high.”Extreme volatility has roiled many of the world’s biggest fortunes this year. Asia’s once-richest person, Chinese bottled-water tycoon Zhong Shanshan, relinquished the title to Indian billionaire Mukesh Ambani last month after losing more than $22 billion in a matter of days.Read more: Ambani Again Richest Asian as China’s Zhong Down $22 BillionQuicken Loans Inc. Chairman Dan Gilbert’s net worth surged by $25 billion on Monday after his mortgage lender Rocket Cos. was said to be the next target of Reddit day traders. His fortune has since fallen by almost $24 billion. Alphabet Inc. co-founders Sergey Brin and Larry Page are among the biggest gainers on the index this year. They’ve each added more than $13 billion to their fortunes since Jan. 1.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

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  • Celebrity
    People

    Tom Brady Says He Tried to ‘Change the Subject’ When Wife Gisele Bündchen Brought Up His Retirement

    The Tampa Bay Buccaneers quarterback says his wife brought up the topic immediately after his February Super Bowl win

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  • Celebrity
    Elle

    Brooklyn Beckham Shows Off New Diamond Ring Engaved With Nicola Peltz's Name

    This is seriously cute

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  • Celebrity
    People

    Jamie Lee Curtis Jokes About Her Golden Globes Cleavage: 'They Are Back in the Stable'

    "They don't need to come out for another five years," the actress joked of putting her décolletage on full display in her plunging Golden Globes dress during a recent episode of Today

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