China Scion's Fight With Half-Siblings Sends Succession Warning
But Kelly is now grappling with two overlapping legal challenges stemming from unresolved matters left behind by her father — cases that could set a legal precedent for wealth succession in China and cast a shadow over the reputation of one of the country's most iconic beverage empires.
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If You Had Invested in Elon Musk's Companies 10 Years Ago, Here's How Much You'd Have Today
You might be wondering just how rich they could be if they'd invested in Elon Musk's companies a decade ago, when he was still just a rich guy and not the richest man alive, according to Forbes. After all, he must have made smart investments to get so rich, right? So why couldn't you be just as rich if you'd invested in the same way? Or at least super rich? So, let's take a look at the companies Musk founded and how they've helped him grow his wealth, as well as how rich you'd be if you'd invested 10 years ago. Check Out: For You: Musk's Companies Musk has indeed grown rich as a result of founding and then selling companies that went on to become very successful. His first company, Zip2, is now long gone, having been absorbed by another company. But it is where he made his first millions when he sold it and made $22 million, according to Forbes. He then took that money and invested in PayPal and that's where our story begins. See Next: PayPal Musk founded PayPal with his friend and business partner at the time, Peter Thiel. Though the application, aimed at allowing businesses to pay each other digitally, didn't get off to a great start, it has since done very well. PayPal is now one of the most used applications for the transfer of funds between parties. Musk is no longer involved with PayPal. In fact, he was removed from the company as CEO and replaced by Thiel by the board. Like with Zip2, the board found Musk to be a less-than-ideal leader. But that doesn't mean his initial idea wasn't great. Indeed, if you invested in PayPal back in 2015, when the company split from eBay to become its own entity, your stock growth would be about 200%. It's not rocket growth, of course, but it's still not bad. As of July 2015, PayPal stock was worth $38 per share, according to Nasdaq. As of June 2025, it's worth $74. So, if you'd invested $10,000 in PayPal 10 years ago, today, you'd have $19,500. Not bad. SpaceX SpaceX is one of the companies Musk is most well-known for. It has helped contribute to better telecommunications via its Starlink offshoot and it is heavily funded by government programs to explore space. Since 2008, the United States taxpayers have paid SpaceX more than $20 billion in government contracts, according to Fox Business. Musk's 42% stake today is valued at $147 billion, according to Forbes. SpaceX is not publicly traded, but you can buy it with a tool like EquityZen. Tesla Tesla is perhaps the other most well-known of Musk's companies. In 2004, two men, Martin Eberhard and Marc Terpenning, founded the car company after the inventor Nikola Tesla to create electric vehicles for eco-conscious drivers. Though Musk invested in Tesla early on and was chairman of the board, he took over as CEO in 2008, after ousting Eberhard. The company continued to do well, but it was not the phenomenon it is today. In 2015, the average closing price of Tesla stock was $16 per share, according to Macrotrends. As of June 2025, Tesla stock, even down from its height, is trading for $317 per share. That's a growth of more than 1,900%. In short, if you invested $10,000 in Tesla stock 10 years ago, you'd have approximately $304,000 today. OpenAI Many people still don't know about OpenAI, Musk's nonprofit, which he co-founded in 2015. The purpose of this company is to research friendly AI that supports humanity. He has since resigned from the board due to Tesla AI conflicts. And because it is a non-profit, privately owned company, investors cannot buy shares, so you would not have been able to make any money here, either. To Invest or Not To Invest? In the end, you can't know for sure what will do well and what won't, but understanding patterns is helpful. This is why it's worth looking back at how investors make their money. It's also helpful to understand that Musk made his first billion not from investing in companies but from buying and selling them, which is a huge difference. If you're going to invest, it might be a good idea to look at index funds and diversified funds, rather than putting all your eggs in one or two baskets. Unless you've got the capital to invest in a startup and the mind to foresee its success. More From GOBankingRates Mark Cuban Warns of 'Red Rural Recession' -- 4 States That Could Get Hit Hard 7 Tax Loopholes the Rich Use To Pay Less and Build More Wealth How Much Money Is Needed To Be Considered Middle Class in Your State? This article originally appeared on If You Had Invested in Elon Musk's Companies 10 Years Ago, Here's How Much You'd Have Today Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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China, Chips, and Chaos: Where Smart Investors Are Putting Their Money Now
As geopolitical tensions rise and global supply chains shift, investors around the world are focusing on one of today's most important industries: semiconductors. China is working hard to become self-sufficient in chip technology, whereas the U.S. is attempting to prevent the export of advanced chips in order to maintain its technological advantage. All this is happening while artificial intelligence (AI) advances at a rapid pace. These factors are creating a fast-moving, risky, but potentially lucrative market for investors. Amid the chaos, savvy investors prefer long-term stability to distraction. Here are two stocks that show where true innovation and resilience lie: More News from Barchart Dear Palantir Stock Fans, Mark Your Calendars for August 4 The 3 Buffett-Backed Dividend Stocks That Beat the Market in 2025 Should You Buy the Post-Earnings Plunge in Intel Stock? Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! Rising Star #1: Qualcomm Valued at $174.4 billion, Qualcomm (QCOM) develops and sells advanced semiconductors and wireless technologies, primarily for mobile phones, automotive systems, Internet of Things devices, and AI applications. It is best known for its Snapdragon processors. QCOM stock is up 3% year-to-date. Qualcomm's robust second quarter showcased the strength of its business model. Qualcomm reported a 15% increase in adjusted revenues to $10.8 billion year over year, with adjusted earnings of $2.85, representing 17% growth. The majority of this strength stemmed from the company's chip business, the Qualcomm CDMA Technologies (QCT) segment, which generated $9.5 billion. This was driven by strong growth in automotive (up 59%), IoT (up 27%), and handsets (up 12%). The Qualcomm Technology Licensing (QTL) licensing business contributed another $1.3 billion to overall revenue. Qualcomm continues to dominate the premium mobile market with its Snapdragon 8 Elite platform, which is regarded as one of the world's most powerful smartphone chipsets. Its Snapdragon X platform is also rapidly expanding into the PC market, to surpass its goal of 100 designs by 2026. Beyond mobile, Qualcomm is aggressively expanding into automotive, with the Snapdragon Digital Chassis platform helping it reach $8 billion in automotive revenue by fiscal 2029. Extended Reality (XR) is emerging as another growth driver, aided by Snapdragon technology and collaborations with Meta Platforms (META) and Samsung. The company intends to generate $2 billion in XR revenues by fiscal 2029. Qualcomm returned $2.7 billion to shareholders via dividends and buybacks, showing strong free cash flow generation and management confidence. The company has also committed to returning 100% of free cash flow to shareholders this fiscal year, citing strong fundamentals and a scalable model. Concerning China, Qualcomm continues to be a key player in the Chinese smartphone ecosystem, where local subsidies have increased flagship shipments. Management stated that the company's Q3 guidance takes current tariffs into account, also admitting that the trade landscape remains dynamic. Qualcomm has also taken steps to diversify its business, both geographically and across sectors, to reduce its reliance on a single region or product category. Overall, Wall Street rates QCOM stock a 'Moderate Buy.' Out of the 32 analysts that cover the stock, 15 rate it a 'Strong Buy,' one suggests a 'Moderate Buy,' 15 rate it a 'Hold,' and one rates it a 'Strong Sell.' Its average target price of $179.04 suggests an upside potential of 13% from current levels. Its high target price of $225 implies a potential upside of 42% in the next 12 months. Rising Star #2: Broadcom Valued at $1.3 trillion, Broadcom (AVGO) designs, develops, and distributes a wide range of semiconductor and infrastructure software products. Its diverse portfolio includes networking chips, enterprise storage, broadband, and wireless communication. Broadcom also provides enterprise software solutions for cybersecurity, storage, and mainframes. AVGO stock is up 24.8% year to date, outperforming the broader market. Broadcom reported staggering revenue of $15 billion in the second quarter, up 20% year over year. AI semiconductor revenue soared to $4.4 billion, up 46%, marking nine consecutive quarters of consistent growth. This growth was driven by custom AI accelerators (chips designed for specific hyperscaler clients) and AI networking, which account for 40% of AI semiconductor revenue. Management confidently forecasts 60% AI revenue growth in Q3 2025, which is expected to continue into fiscal 2026, cementing AI semiconductors as its long-term growth driver. Furthermore, software is no longer a side hustle for Broadcom. It has strengthened its position in software through strategic acquisitions such as VMware for $69 billion, which officially closed in 2024. Its infrastructure software segment generated $6.6 billion in revenue, up 25% YoY, accounting for 44% of total company revenue. Over 87% of Broadcom's top 10,000 customers now use VMware Cloud Foundation (VCF). Furthermore, the company is converting customers from perpetual licenses to subscription-based ARR, resulting in more predictable revenue. Looking ahead, major cloud players are expected to continue to invest, demand for training and inference workloads will rise, and software adoption will remain strong, painting a positive long-term outlook. Broadcom is not only growing rapidly, but also profitably. Adjusted earnings increased 44% to $1.58 per share in Q2. The company also generated $6.4 billion in free cash flow, paying out $2.8 billion in dividends and $4.2 billion worth of share repurchases. Despite rising U.S.-China tech tensions, Broadcom is well-positioned to thrive. It does not rely heavily on high-end GPUs with export restrictions. Overall, Wall Street rates AVGO stock a 'Strong Buy.' Out of the 36 analysts that cover the stock, 32 rate it a 'Strong Buy,' one suggests a 'Moderate Buy,' and three rate it a 'Hold.' Its average target price of $298.55 suggests an upside potential of 3% from current levels. Its high target price of $400 implies a potential upside of 38% in the next 12 months. The Key Takeaway No doubt, the U.S.-China chip war presents significant challenges. Export controls, shifting alliances, and technology bans may all cause short-term turbulence. However, the best way to profit from the semiconductor boom may be to invest in companies that can adapt, endure, and grow in uncertain times. Both Qualcomm and Broadcom serve this purpose. On the date of publication, Sushree Mohanty did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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KKR in talks to buy ST Telemedia Global Data Centres, Bloomberg News reports
(Reuters) -KKR is in talks to buy ST Telemedia Global Data Centres in a deal that could value the Asian digital infrastructure provider at more than $5 billion, Bloomberg News reported on Saturday, citing people familiar with the matter. Reuters could not immediately verify the report.
