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The world’s wealthiest people have several things in common, but one of the most prominent is that the 10 richest have more than $100 billion to their name. The very top have more than $200 billion. These amounts don’t consist of cash sitting in a bank but are mainly investments, often of some of the largest publicly traded companies , which even the general public can invest in. These billionaires reached their lofty heights through hard work, great ideas, serendipity and plenty of careful planning with wise financial advisers along the way. Here are the world’s 10 richest people and some of their key investments, according to the Bloomberg Billionaires Index , as of Nov. 13. 1. Elon Musk: $320 billion Elon Musk is one of the most controversial business figures, but what’s not under dispute is his wealth. Born in South Africa, Musk built Tesla into a leading player in the electric vehicle market, and is pushing space travel with his SpaceX venture. Musk made a small fortune as an early shareholder of PayPal, and more recently purchased Twitter, which he renamed X. Musk has courted controversy in recent years, using drugs during a broadcast interview with top podcaster Joe Rogan and becoming more active politically, besides a range of other political pronouncements on X. 2. Jeff Bezos: $235 billion As the founder of Amazon , Jeff Bezos became something of a household name in the dot-com boom of 1999-2000, but his wealth really took off after the 2008-2009 financial crisis. In the decade that followed, Amazon expanded into web services, logistics and shipping and more. Bezos purchased the Washington Post in 2013 for $250 million and founded Blue Origin, an aerospace company that is commercializing space travel. He’s also a noted philanthropist, founding the Bezos Earth Fund in 2020 with a donation of $10 billion and has said that he will give away most of his fortune. 3. Mark Zuckerberg: $205 billion Mark Zuckerberg is the founder of Meta Platforms , the company previously known as Facebook. The youngest member of this list, Zuckerberg began Facebook out of his dorm room at Harvard and quickly expanded it over the ensuing years. 4. Larry Ellison: $203 billion Larry Ellison co-founded software company Oracle and ran it for decades before becoming its chief technology officer and executive chairman. Ellison also owns nearly all of the Hawaiian island of Lana’i. 5. Bernard Arnault: $164 billion Bernard Arnault founded LVMH, a company that acquired various French fashion brands such as Christian Dior, Louis Vuitton, Moët and Hennessy. The luxury conglomerate acquired Tiffany more recently, and is among the largest companies in Europe by market capitalization . 6. Bill Gates: $162 billion Bill Gates is the co-founder of Microsoft and has long been among the wealthiest people as his software company continued to expand over decades. Gates is also known for his philanthropic endeavors, namely at the Bill & Melinda Gates Foundation, a private charitable foundation. 7. Larry Page: $161 billion Larry Page co-founded Google — subsequently renamed Alphabet — with another member of this list (No. 8). He headed up the company from 1997 to 2001 and then again from 2011 to 2019. 8. Sergey Brin: $151 billion Along with Page, Sergey Brin co-founded Google and served as the company’s president for many years until stepping down in 2019. He and Page literally developed Google in a Silicon Valley garage. 9. Warren Buffett: $148 billion Warren Buffett , long known as the Oracle of Omaha for his prophetic investment acumen, has been investing since he was a boy. He has been the head of Berkshire Hathaway , an investing conglomerate, for nearly 60 years. Berkshire owns massive stakes in a number of America’s largest businesses, including Apple , Coca-Cola and many more. His company’s annual meeting attracts tens of thousands of investors and has been called the “Woodstock of Capitalism.” 10. Steve Ballmer: $148 billion Steve Ballmer also made his fortune through Microsoft and was one of the company’s earliest executives. He eventually led the company from 2000 to 2014, and subsequently co-purchased the Los Angeles Clippers, a pro basketball franchise of the National Basketball Association. How can you build your fortune? This list offers a handful of takeaways for people who are looking to build their own wealth. First, all these individuals own stock . Their immense wealth is built upon owning massively successful companies that are among the leaders in their respective industries. They have significant ownership stakes in these businesses. While they’ve generally worked in their businesses, their real wealth comes from the ownership of those companies. Second, because these companies are publicly traded, individual investors — anyone in the general public — can also take a stake in them. Many people have become millionaires and multi-millionaires by riding the coattails of these individuals and owning stock in their companies. It’s easy to get started with one of the best brokers for beginners , and if you’re looking for strong investments, a financial adviser can also help you find those that meet your needs . Third, these billionaires have built their wealth over decades; they’re not overnight lottery winners. Unquestionably they had some advantages — some were in the right place at the right time — but they all owned growing assets and then used time to compound their returns. And time is something that individuals have whether they’re rich or poor, well-placed or not.TRUMP GOLF: THE GAME ANNOUNCES EXCLUSIVE PRESALE FOR MOBILE GAME LAUNCH, WHERE PLAYERS EXPERIENCE THE AWARD-WINNING TRUMP GOLF PORTFOLIO THROUGH THEIR MOBILE DEVICES

XOMA Stock Soars to 52-Week High, Reaching $34 Amidst Strong Growth

NEW YORK (AP) — U.S. stocks are rising toward records Tuesday after Donald Trump’s latest talk about tariffs created only some ripples on Wall Street, even if they could roil the global economy were they to take effect. The S&P 500 climbed 0.5% and was on track to top its all-time high set a couple weeks ago. The Dow Jones Industrial Average added 81 points, or 0.2%, to its own record set the day before, while the Nasdaq composite was 0.5% higher, with less than an hour remaining in trading. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.Football: Edward Little coach Rick Kramer stepping down, /PRNewswire/ -- Gravity Oilfield Services Inc. ("Gravity" or the "company"), a growth-oriented water and power infrastructure company backed by affiliates of Clearlake Capital Group, L.P. ("Clearlake"), announced today that it has agreed to sell its Gravity Water Midstream division to (NYSE: DKL) ("Delek Logistics"). Gravity Water Midstream provides gathering, transportation, recycling, storage, and disposal solutions for produced water in the Midland Basin in and the Basin in . "The acquisition of Gravity Water Midstream by Delek Logistics creates a path to continue to build incredible scale in our water midstream platform in the Midland Basin," said , CEO of Gravity. "I am thankful to the employees of Gravity for their focus on service and dedication to building one of the largest commercial water management platforms in the Midland and Williston Basins. Building this water midstream platform would not be possible without the incredible support and partnership of Clearlake. I am excited to welcome in this new era for water management in the Midland and Williston Basins under the capable leadership of Delek Logistics." While Gravity is divesting its water midstream assets, the company will retain ownership and operation of its power infrastructure assets, continuing its commitment to providing critical power generation offerings. Clearlake and Gravity partnered in 2017 to pursue produced water midstream opportunities. Over the last several years, Gravity has focused on organically growing its water infrastructure business to support producers in the Midland and basins, and its water business segment has quickly grown into one of the largest commercial operators of disposal wells in the Midland Basin. Gravity Water Midstream developed a system comprised of 200+ miles of permanent pipeline, 46 SWD facilities, and 14 fresh water facilities with over six million barrels of storage capacity, all of which form an extensive and interconnected network. "We valued the opportunity to partner with the Gravity team as they executed a vision to build a leading water midstream platform in the Midland and Williston Basins," said José E. Feliciano, Co-Founder and Managing Partner, and Colin Leonard, Partner and Managing Director, of Clearlake. "We'd like to thank Rob and the entire Gravity Water Midstream team for their hard work and commitment to growing the business organically over the last several years." & Co served as exclusive financial advisor and Vinson & Elkins LLP served as legal counsel to Gravity in connection with the transaction. Gravity is a growth-oriented provider of energy infrastructure services to U.S. onshore oil and natural gas exploration and production companies, providing water midstream solutions, critical power generation offerings and other production focused services. Gravity has significant coverage density in the Permian Basin and benefits from a national footprint supported by facilities, operations and management personnel in several other key domestic resource plays including the Bakken, Eagle Ford, SCOOP/STACK, DJ Basin, Haynesville and Marcellus, among others. More information is available at . Founded in 2006, Clearlake Capital Group, L.P. is an investment firm founded operating integrated businesses across private equity, credit and other related strategies. With a sector-focused approach, the firm seeks to partner with management teams by providing patient, long-term capital to businesses that can benefit from Clearlake's operational improvement approach, The firm's core target sectors are industrials, technology, and consumer. Clearlake has over $85 billion of assets under management, and its senior investment principals have led or co-led over 400 investments. The firm is headquartered in Santa Monica, CA with affiliates in Dallas, TX, London, UK, , , and , UAE. More information is available at and on X . For Gravity , (281) 640-3043 Marketing Communication Manager For Clearlake , (845) 507-0571 Lambert View original content to download multimedia: SOURCE Gravity Oilfield Services Inc.; Clearlake Capital GroupGoogle has named Debbie Weinstein, a senior executive for the tech giant in the UK, as its president in Europe, the Middle East and Africa. Until now, Ms Weinstein has been the US firm’s vice president and managing director in the UK and Ireland, having previously worked at Unilever. She said her focus will be on “unlocking AI-powered growth for everyone”, calling the current AI boom a “pivotal” time for the tech giant. Google has joined many of its rivals in launching a string of high-profile generative AI products in recent times, led by the firm’s generative AI-powered assistant, Gemini. “Europe, the Middle East and Africa is an amazingly diverse and varied region, but the enormous growth opportunity that AI can create is universal,” she said. “My focus will be on unlocking that AI-powered growth for everyone – users, businesses, partners and governments across every part of the region. “I’m excited to be stepping into this role at a pivotal time, in a company where I’ve spent the last ten years and leading a region where I’ve spent much of my life.” Google employs more than 29,000 people across Europe, the Middle East and Africa, with 56 offices across 35 countries in those regions working on many of the firm’s largest products, including its search engine, the Android mobile operating system and its Chrome web browser. Its AI research arm, at Google DeepMind, is also led from London. Philipp Schindler, Google senior vice president and chief business officer, said: “This is the AI era and we are only just beginning to see its transformative impact on business and society. “In such a pivotal moment for technology, I’m thrilled we’ve appointed a visionary leader to be our President of Google EMEA. “Debbie brings a track record of unlocking growth that benefits everyone, alongside the passion and focus needed to help our customers succeed, as we bring the best of Google’s Gemini-era to everyone across EMEA.”

NEW YORK — Microsoft is experiencing a global software outage affecting Outlook, Word, Teams and other apps. The company said on social media early Monday the issue was being investigated. “We’ve identified a recent change which we believe has resulted in impact,” the company added later. “We’ve started to revert the change and are investigating what additional actions are required to mitigate the issue. “We’ve started to deploy a fix which is currently progressing through the affected environment. While this progresses, we’re beginning manual restarts on a subset of machines that are in an unhealthy state.” Word is part of Microsoft 365, the company’s subscription software service. Teams and Outlook are commonly used in workplaces for video calls, chat and email. However, the company said early Monday that the fixes were taking longer than expected. “An ETA for resolution will be provided as soon as available,” the company said. No other information about what the outage’s cause or its fix was released. The first issues were reported around 4 a.m. Eastern, according to DownDetector. Within hours, several thousand reports had been made. An outage of cybersecurity company CrowdStrike caused a day-long disruption to travel, banking and health and other industries.