What Kamala Won't Do if She Wins the Election

She's promising to bring down housing costs and grocery prices...But the one thing she probably won't do, is make you wealthier. Ex-Wall Street Insider, Adam O'Dell has identified a simple way for any American to grow their wealth going into the 2024 presidential elections.

Elon Musk To End Year As Richest Man In The World? Prediction Market Says Yes, Higher Chance Than Larry Ellison Or Jensen Huang

Chris Katje
October 12, 2024

Tesla Inc (NASDAQ:TSLA) CEO Elon Musk is the world's richest person and has watched his wealth climb in 2024 despite the price of Tesla stock falling.

A prediction market allows bettors to wager on if Musk will remain the world's richest man at the end of the year.

What Happened: The title of the world's richest man has changed hands several times over the last years, with Musk the most frequent billionaire to top the list.

Musk regained the title last year from LVMH (OTC:LVMUY) CEO Bernard Arnault who had held the title. Musk also briefly lost the title earlier this year to Amazon.com (NASDAQ:AMZN) founder Jeff Bezos.

The current richest people in the world list looks like this, as reported by Bloomberg, with their year-to-date change in parentheses:

  1. Elon Musk: $255 billion (+$25.7 billion)
  2. Jeff Bezos: $210 billion (+$32.7 billion)
  3. Mark Zuckerberg: $207 billion (+$78.5 billion)
  4. Bernard Arnault: $190 billion (-$17.3 billion)

The list also includes NVIDIA Corporation (NASDAQ:NVDA) CEO Jensen Huang at 11th with a wealth of $118 billion. Huang's year-to-date gain of $73.8 billion trails only Zuckerberg for best 2024 performance.

Oracle Corporation (NYSE:ORCL) co-founder and Chief Technology Officer Larry Ellison has also been listed in the top five richest people and even passed Bezos for second place briefly last month.

A prediction market on Kalshi allows people to bet on who will be the richest person at the end of 2024. Here are the current odds:

  • Elon Musk: 82%
  • Larry Ellison: 11%
  • Mark Zuckerberg: 10%
  • Jeff Bezos: 6%
  • Bernard Arnault and Family: 2%
  • Jensen Huang: 2%

The odds favor Musk by a significant margin to retain the title, which comes with Tesla shares down 10% in 2024.

Significant gains for Meta Platforms (NASDAQ:META) and Oracle have helped move Zuckerberg and Ellison respectively up the list and likely are why their odds are higher than Bezos and other names that often come close to topping Musk.

You may not be a billionaire like Elon Musk, but you can uncover hidden gems in the stock market using our proprietary data and pattern recognition — check out five stocks flying under the radar that deserve your attention.

Why It's Important: Kalshi is one of several prediction markets that have been allowing wagers on financial outcomes and also elections. The company recently resumed accepting bets on the 2024 election after a federal appeals court lifted a prior ban that came as the Commodity Futures Trading Commission (CFTC) contested the markets.

The Kalshi market for the world's richest person in the world has over $72,000 in wagers, which may pale in comparison to some election prediction markets.

A title of richest man in the world has been something often talked about and a title that for many marks accomplishment and success of the companies they founded or helped run.

The 10 richest people in the world at the end of 2023 were worth $1.47 trillion, adding $465.4 billion to their wealth, more than the valuation of retail giant Walmart at the time.

Read Next:

  • Elon Musk Is So Rich That If You Printed $1M a Day Since The Renaissance, You Still Wouldn’t Catch Up

Continue Reading...

Popular

Many retailers offer 'returnless refunds.' Just don't expect them to talk much about it

It's one of the most under-publicized policies of some of the biggest U.S. retailers: sometimes they give customers full refunds and let them keep unwanted items too.

Nuclear Energy Stocks Are Hot: Here's A List Of Tickers To Watch

Nuclear energy-related stocks have taken off following major announcements from Google and Amazon as the tech industry turns to nuclear energy to power AI data centers.

The 7th Trillion Dollar Company? - Ad

There are six American companies worth over $1 trillion. Could there be a seventh soon? This company signed a massive deal with Apple until 2040 and is also involved with Nvidia, Google, and Samsung. Could this be the next trillion-dollar company? A top stock expertpicker thinks so.

A failed mic leaves Donald Trump pacing the stage in silence for nearly 20 minutes

DETROIT (AP) — paced his rally stage in silence for nearly 20 minutes Friday night in Detroit after his microphone cut out.

Elon Musk's Mother Does Harris Impression During TV Appearance

Maye Musk, mother of Elon Musk, has sparked a flurry of reactions following her controversial imitation of Kamala Harris on Fox Business.

Elon: Tesla Is a Robotics Company Now - Ad

Elon Musk's new plan for Tesla's future has nothing to do with electric cars... TechRadar reports it "will blow your mind..." & McKinsey says it "will shape the coming decade." We recently got our hands on a video clip detailing this breakthrough.

Bill Gates Had A 'Very Bad Habit' That Could Have Derailed His Career

While at Harvard, Bill Gates had a bad habit he liked to show off. The habit was later fixed as it wasn't something in the business world appreciated.

Fox's Bret Baier acknowledges 'mistake' in Harris interview over airing of Trump clip

Fox News anchor Bret Baier says he “made a mistake” during his interview with Kamala Harris in not airing video of a Donald Trump comment, something Harris pointed out to him in real time.

A Gold Storm Is Coming - Ad

Stansberry Research just released a brand-new warning for what they believe will happen to gold in 2025. Even the most prepared Americans - including many retirees - could be blindsided by what's about to happen.

Brazil reaches $23 billion settlement with mining firms over 2015 environmental disaster

SAO PAULO (AP) — federal government on Friday reached a multibillion-dollar settlement with the mining companies responsible for a 2015 dam collapse that the government said was the country's

Unlock the Ultimate Gold Play: $20 for a 1-Oz. Stake in Gold! - Ad

Gold has already soared past $2,500 an ounce. But with this 'backdoor' strategy, you can gain exposure to over an ounce for just $20. As the Fed cuts rates, the stage is set for a major gold boom.

Mary Trump On Assault Claim Against Trump: 'He Knows Discovery Would Destroy Him'

Former model Stacey Williams has come forward with allegations of sexual assault against Donald Trump dating back to 1993.

Trump Turns Up To Serve Fries At McDonald's: 'I Could Do This All Day, I Wouldn't Mind This Job"

Former President Donald Trump was seen serving customers at a McDonald’s Corp. (NYSE:MCD) drive-thru in Pennsylvania on Sunday, while continuing to ridicule Vice President Kamala Harris’s past work experience at the fast-food chain.

Gold Set to Skyrocket as Fed Slashes Rates - Ad

History shows every Fed rate cut leads to a gold boom. And under-$20 play offers exposure to over an ounce of gold -- worth $2,500 -- at a fraction of the price. As the Fed slashes rates, now is the perfect time to buy.

McDonald's E. coli case count rises as federal officials inspect an onion grower

WASHINGTON (AP) — Federal officials on Wednesday reported more cases of among people who ate at McDonald’s, as government investigators seeking the outbreak’s source identified an “onion grower of interest” in Washington state.

Jobs report on eve of election will be among the most distorted in years

WASHINGTON (AP) — Four days before Election Day, the government will issue its final snapshot of in the United States after a presidential race in which voter perceptions of the economy have played a central role.

New "Living Missile" to Replace Nuclear Missiles - Ad

CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!

Conservatives Angry With Julia Roberts Ad Urging Women To Vote For Kamala Harris: 'Nauseating'

A Julia Roberts ad encouraging women to vote for Kamala Harris has sparked backlash from Republicans, who criticize it as promoting "infidelity" by urging women to vote independently of their husbands' views.

John Bolton Says Trump Will Not Accept Loss: 'Everybody Ought To Be Ready'

John Bolton, the former National Security Adviser, has voiced concerns over the possibility of Donald Trump refusing to accept the results of the upcoming presidential election, should he be defeated this week.

Kamala Harris Could Trigger a 50% Stock Collapse - Ad

Former CIA advisor who predicted President Trump's win in 2016 has an urgent Election Warning for ALL Americans. Most Americans are missing this...Kamala Harris and her progressive goons could trigger a 50% stock collapse, the final demise of the dollar, and even violent riots.

Trump's Fortune Skyrockets With $4B Stake In Trump Media & Technology Group

The net worth of former President Donald Trump has seen a significant increase, largely attributed to his $4 billion stake in the Trump Media & Technology Group.

US Oil Set to Surge on Middle East Tension... Are You Ready? - Ad

With the Middle East facing yet another conflict, now is the time to get in. That's why today I want to show you the best way to profit from oil in 2024. It's NOT a stock, future or bond... Rather, it's an unusual investment that could hand you huge monthly income from the oil and gas markets.

$2.5 Million From Meme Coins? One Trader Seems To Have Cracked The Code

A whale made $2.5 million trading meme coins with potential for high profitability. Solonchain highlights effective risk management and upcoming conference on memecoins.

Jim Cramer Says Mark Zuckerberg Has 'Your Brain' As Meta Pours Billions Into Global Domination Strategy

Jim Cramer highlighted Meta CEO Mark Zuckerberg's unique marketing abilities, suggesting Zuckerberg's focus on dominance and precision targeting can create global impact, as Meta's strong Q3 earnings exceeded expectations despite some stock volatility.

Silicon Valley Insider Reveals AI Retirement Playbook - Ad

Jeff Brown, who recommended Nvidia in 2016, is sharing his full blueprint to help you retire comfortably using AI investments. Follow his strategy for a secure financial future.

Honda's Pickup Beats Tesla Cybertruck As Most American Made Truck

Japanese automaker Honda's 2025 Ridgeline AWD pickup truck is the most American-made truck with 75% of its content sourced from either the U.S. or Canada.

America's Enemies Set to Unleash -- WFD -- Weapon of Financial Destruction - Ad

In the coming months, America will face a weapon unlike any other -- a Weapon of Financial Destruction (WFD). Our enemies are ready to use it to collapse our economy, freeze our financial systems, and ruin the lives of millions. But this didn't come out of nowhere -- it's all part of a greater plan that was foretold in ancient prophecy.

Stock Of The Day: Oil Climbs — And Chevron Follows Suit

Shares of Chevron (CVX) are trading higher because oil is as well. But they have hit resistance at a former support level.

DeSantis Faces Backlash For Using Opioid Settlement Funds On Anti-Cannabis Campaign

State law stipulates the opioid settlement trust fund is meant to "abate the opioid epidemic" and provide resources for affected communities.

America Can't Afford a Harris Presidency - Ad

New research from Jim Rickards - former advisor to the CIA - reveals shocking predictions about an "Election Meltdown" coming this November. Jim's showing all American patriots why an "Election Meltdown" could crash stocks by 50%, lead to the final demise of the dollar, even cause violent riots in the streets.

Shytoshi Kusama Touts Shiba Inu Lifetime Gains Of 33774726%: 'We Still Have Far To Go And Much Work To Be Done'

Shytoshi Kusama, the mysterious lead of the Shiba Inu (CRYPTO: SHIB) ecosystem, highlighted the coin’s impressive growth since its launch and the work ahead to gain further recognition.

Wall Street Insider Issues Crash Prediction - Ad

As AI stocks stumble/swing, Whitney Tilson just went on camera once again with his latest crash warning. If you have money in a single stock right now -- especially a tech stock -- you need to see what he's calling for today.

Li Auto Q3 Earnings: 24% Topline Growth, 1 Million Deliveries Milestone, Q4 Revenue Outlook Lags Street View

Li Auto Inc (NASDAQ: LI) reported Q3 2024 revenue growth of 23.6%, beating analyst consensus. Adjusted net earnings of $0.50 per ADS also exceeded expectations. Vehicle sales and income from operations increased. Q4 outlook shows expected revenue and vehicle delivery growth. LI stock down 5.39% in premarket.

Boeing workers will vote on a new contract offer to end 7-week-old strike

SEATTLE (AP) — The union representing striking Boeing factory workers says members will vote Monday on a new contract offer from the company that provides slightly bigger wage increases than an offer that was rejected last week.

AI Market Shock Coming November 19th? - Ad

Jeff Brown predicts an AI market shift, potentially happening by November 19th, led by Bill Gates' Stargate project. Get ahead of the curve before the next AI market shock.

Russia amplified hurricane disinformation to drive Americans apart, researchers find

WASHINGTON (AP) — Russia has helped amplify and spread in the United States and the federal government's response, part of a wider effort by the Kremlin to manipulate America's political discourse before the presidential election, .

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright systemtrading.ca
Privacy Policy | Terms of Service