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3,000% bonuses but a growing wealth divide: South Korea grapples with its AI chip boom
Powered by chipmakers Samsung Electronics and SK Hynix, South Korea is seeing a surge in wealth, but there are questions over who gets to share in the profits When South Korea’s most high-profile divorce case returned to court last month, the lawyers were arguing not just about the breakdown of a relationship, but also the…
Elon Musk becomes first person with net worth of $500bn
Tesla owner’s wealth temporarily crosses half-trillion-dollar mark before retreating to $499bn Business live – latest updates Elon Musk has become the first person to reach a net worth of $500bn, bringing the Tesla chief executive halfway to trillionaire status. Musk’s wealth temporarily crossed the half-trillion mark on Wednesday before retreating to $499bn, according to the…