₦airaland Forum

megawealth01:
Elon Musk adds $19 billion, surpasses Bill Gates

Tesla CEO Elon Musk has just added a staggering $19 billion to his wealth, thanks to a Tesla stock rally driven by the rollout of robotaxi vehicles in Texas. The autonomous vehicle test has propelled Musk's wealth to an incredible $385 billion, making him the world’s richest man, with more wealth than Bill Gates, who is worth $176 billion. This new surge has pushed Musk’s wealth more than twice that of Gates, highlighting just how far ahead Musk is in the billionaire ranks.

While Gates has added $17.4 billion to his fortune in 2025, Musk remains ahead by a wide margin despite a 10% drop in Tesla's stock value year-to-date. The massive leap in Musk’s net worth reveals his immense influence over Tesla’s stock price and his dominance in the tech and transportation sectors. It also underscores how Musk’s net worth is growing at an accelerated pace compared to other major billionaires.

Musk’s wealth now dwarfs the combined fortune of Bill Gates and Nike’s Phil Knight ($30.5 billion). With the new development of robotaxis, Musk is setting the stage for even more wealth generation, further solidifying his position as the most influential billionaire in the world.

Musk is threading a dangerous path, in politics.

If you're not in political alliance with the power that be, good.
But don't declare an open war with it.
Don't be in noisy enemity with govt if you're a person of prominent wealth.

Every business in a country is regulated by govt. And there's no lacking of the bad names that can be given to a dog in order to kill it.

Payunsin:
Thank you very much .

But beware of CGT, given the size of your play.

It will surely set off a taxability alert at CSCS when you sell.

DeRuggedProff:
Here.

Okay, tantalizers "foodtainment and media conglomerate" in ongoing construction.

Thanks so much.

The bomb will be the arrival of 10 modern trawlers.
I hope that one is still on course because it's overdue by one month now according to the guidance.

According to them, ten trawlers will be only the beginning.
That is the news I'm targeting

Payunsin:
I am loading Transcorp, close to a million units now and nobody is talking about the COY here.
Am I ok ?

A coup plot against Heirs or what?

You cannot go wrong in the short term, medium or long.

KarlTom:
This people sef.

Their diversification no wan get direction...

Pls what's the story?
It's not opening here.
Have they brought in the trawlers?

Agbalowomeri:
There are loopholes in tax laws in all countries. The rich do not pay personal income tax. They do all sorts to avoid PIT especially with the use of debt and they proudly announce these publicly. So, na normal thing

As it is widely said, tax avoidance is not tax evasion.

SonofElElyonRet:
I think he's talking about the cgt issue

Yes, and I'm giving the answer he will get if he should approach Mr Govt and say: "When I sell at profit, you collect your cgt. Now that I've sold at a loss, where is my consolation?"

And you know that Jesus said we should give tax to Caesar, meaning the governing authority, and that's how I brought the name of Caesar in,
to decorate the post.

SAK:
What happens if one sold stocks at a lost?

There is no Capital Loss Palliative, sorry.

You will be lucky next time.

Bear with Caesar (Govt).

yMcy56:
Are you talking about PZ?
People won't digest it first?
Someone came to clear the offer up to 38 towards last minutes...
Let's see how Mr. Market react to the result.....
To me it's an impressive one.......
Let's wait for the guru's analysis on it.

From loss of N76bn in 2023 fye to profit of N5.5bn in 2024 fye

PZ delisting ambition is not yet renounced, but is only backburnered for now.
That could be pouring cold water on market response.
But JIJO is okay for now.

Until una go remind dem now.....
I go d-lit dis one b4 morn.

megamart247:
@BullBearMkt what is your TA saying about japaulGold?

You no go let pesin wey just return from guest mode rest small b4 consulting TA for you?

It is well.

opadiya:
The same TrippleG I bought about 17 years ago at N19+. People will not stop paying school fees in this market.

megawealth01:
CHAI. Costain carry my money waka

evansmed
stdinsure

EDUECO:

Wale is not the best for Oando.

He is probably one of the problems of Oando.

Except that he built the Oando empire in the first place.

He's redistributing shares he could have quietly sold to himself and the inner circle.

Zagee:
A deliberate Tax credit for the upstream sector signed into law with the new tax bill

Well, there are many companies to benefit, plus incentive to boost production.

crownprince2017:
Ellah no get breast
Audio farm
Secrete farm
Scanty farm
What is on ground is too small
Etc...
But people re fighting to book a sit in the bus but we don't locked gate, even loco they regret not being in the bus he once criticized.

digital agriculture.
e-Farm.

Locotrader:
Ellah bids keep increasing
35m bids at the moment.
Na so I don beat my head tire since morning.
Which kind regret I dey regret now?
I know say Ellah go hard to forgive for what I did to it but na wetin I see I talk Kwanu....

you say e no get breast. your mouth no go kee you for inside dis mkt.

Is it true?
From which news source?
Has he been arrested/arraigned?

essentialone:
Breaking News: Neimeth Plc's Managing Director, Pharmacist Valentine C. Okelu distributes expired drugs to its shareholders, who are mostly elderly and vulnerable men and women, during its Annual General Meeting, held on Monday 23rd June, 2025 at Ikeja ...

DeRuggedProff:
My boss bought huge volume at N43. He told me he will sell at N500 when he bought. I told him he has malaria. He said I shouldn't bother buying drugs for him. He is still insisting to sell at N500. Hmmm! He is truly a crocodile. He also told me that it's only after CI cross N15 (book value), then N20 that I will start seeing why he will sell CI at N150. I can't be like him. I no fit look stock do X3 and still hold. My village people dey pursue me. Well una been dey call him Crocodile for here. I now truly agree he is a crocodile. If I try his kind of patience, na the patience go even kill me. Imagine how Beta was very very very illiquid for years! I still believe he has malaria concerning CI..

You and your boss no go kee pesin wit laff.

SonofElElyonRet:
Ellah dashing to N10

Ellah, Our Ellah.

Astronomical
Exponential
Phenomenal

Words are becoming forces.
Wishes are turning to horses.

Badmouthing never hurts a stock whose time for shinning has come.

chimex38:
Lol. I bin follow the War updates as well Oo. Only for me to see your post before trump even tweet am

As for the bolded, u no far from the truth. Early morning thinking for the day's activities na im sure pass before noises begin take over.

Then consciously or unconsciously, you operate the secret of the ancients to wit:

Early to bed and early to rise.
Makes one healthy,
wealthy and wise.

chimex38:
Omo, you dey on this matter bumper to bumper
Pre-war-->war-->post-war

jonnysessy:
Where a man's treasure is, there lies his heart. 😁😁

You mean like in Oando?

No, peace is better, abeg. I no wan blood money, abeg.

I remain a staunch Oandite, but there are also many other places to hammer on the Ngx.

Right now I dey hammer wildly in Ellah, to even my own shock.
I was turned suddenly from Ellah badmouther to faithful by Chuka's aggressive Outreach.

By the way, what were you two doing in nsempa by that time of your posts?
Admiring your JIJO positions and projecting your loots? To the denial of early morning sleep?

Where a man's treasure is, there his heart is also.
But make una dey sleep oo

And now the war is suddenly over, and crude oil is fast returning to it's sub-70 base.

https://www.cnbc.com/2025/06/23/iran-qatar-iraq-attacks-us-israel.html

Yemy3m:
.nairaland has delete two message .do not post about the current wrr .

The rule is noted please.

megawealth01:
I think Trump is deliberately trying to lower U.S. oil prices to keep inflation low, which will help secure rate cuts.

Thus, the wealthy individuals are waiting for Iran to strike again, bringing their usual chaos to oil, leading to a price surge and triggering inflation in the USA, making rate cuts impossible. Consequently, all stocks will plummet.

They're waiting for that strike to happen, stocks falls, they enter the market. But I doubt if Trump will permit that.

Stocks here is basically US STOCKS not NGX as NGX plays another league

Chai, Nsempa no go kee pesin wit conspiracy theories.

So, maybe Netanyahu is an Oil Trade Monkey Hunter who started bombing Iran to pump up his Oil Trade JIJO.

EDUECO, what do you think ?
You sabi catch the MHs well we'll

megawealth01:
The only reason I still have lots of Oando is JAGABANomics oooooooooo

Once I notice JAGABAN body language I will do the needful although my CAPITAL not in Oando. All that's there is proceeds from my past loots from the spike sometimes ago

JAGABAN-factor is a huge fundamental positive for Oando.

Putin wan kee pesin wit laff.
He wants to mediate between Israel and Iran.
But for his own matter with Ukraine, na Baba God go come down and Handle that one Himself.

So, what is the application here? Wait until somebody blocks the Hormuz Strait, and oil jumps to 200.

This war will be long, because the Iranian regime will never give up their nuclear ambition by diplomacy as Trump is giving them the opportunity to do. Secondly, bombing the nuclear facilities can only set back, but not eliminate the nuclear program as long as the Regime remains.

Therefore the aim of America/Israel can only be achieved by regime change. And regime change is possible only by outright invasion, which also will be difficult because Israel-Iran have no borders.

I hope Trump understands what he is rightly headed into. Rightly, because protecting Israel from apocalyptic jihad is a just mission.

So, for Oando, we may be entering a prolonged period of high oil prices that will help her speedily wipe out debts through the normal course of business if the management is honest.

zendi:
Boy, I clicked the 'like' to this your post for your sweet communication rather than for your seriousness in seeking for information.

Get back to your father who is alive, well and young judging by the bolded and your stated age of 20.

I'm sure he has all these answers you want and more, beginning with the name of the actual shares he bought for you.

It sounds as if you think that First Reg is a stock. It is not even a Stockbroker, let alone a Stock.

in fact, I had clicked 'submit' before it occured to me that since you call yourself winningeleven, you may be trying to dribble past your father to go and win this one.

Beware o, the man could be one of these game masters here.

When he wants you to take over your shares he will hand over the details to you.

WinningEleven:
Good morning everyone

I'm relatively new to this page (but not to this forum) so I'll make this short and sweet

My father just informed me that he bought some shares with First Registars in my name back in 2015

I just have some questions
1. How do I go about securing the dividends (not sure if this is the right word) for them? (Documents and all)
2. Is there a way to calculate the amount of money accrued over time?
3. What do I need to know about the First Registars?

I'm in my early 20s and in my 5th year in uni

T for tenks

Boy, I clicked the 'like' to this your post for your sweet communication rather than for your seriousness in seeking for information.

Get back to your father who is alive, well and young judging by the bolded and your stated age in early 20s.

I'm sure he has all these answers you want and more, beginning with the name of the actual shares he bought for you.

It sounds as if you think that First Reg is a stock. It is not even a Stockbroker, let alone a Stock.

EDUECO:
The CBN Monkey Hunters have finally succeeded in getting premium banking stocks at a discount.

They think say na only them get sense.
The thing wey they sabi, na you sabi am pass them sef.

You no go kee pesin wit laff.