The Daily Money: Elon Musk is richer than Jeff Bezos; Lego takes action on gender stereotypes
Good morning, Daily Money team, it's Nathan joining you once again!
💳 🚗🚀 PayPal, Tesla, SpaceX.
Elon Musk has built some serious wealth. He is now worth more than a fifth of a trillion dollars – and that makes him the richest person in the world, according to the newly updated Bloomberg Billionaires Index.
Keep in mind that net worth estimates are just that ... estimates. It's hard to say for certain what Elon Musk is worth ($222 billion, according to Bloomberg) since a good chunk of his wealth is tied up in a private company, SpaceX.
Also, he has a lot of side projects, like his tunnel-boring company, and who knows how much he spends on those?
But if these figures are right, he's worth $30.4 billion more than space rival and erstwhile Amazon CEO Jeff Bezos.
💰 The Daily Money is Paste BN's Monday-through-Friday-morning roundup of all things personal finance, business and tech. If this email was forwarded to you or if you found it online, you can subscribe for free here!
On to our ...
💡 INSIGHT OF THE DAY: The average American family will get $5,086 in expanded child tax credits from 2021 through 2022 courtesy of COVID-19 stimulus actions. Congress raised the credit to $3,600 for kids under 6 years old and $3,000 for older children and made it refundable, among other measures.
📰 And here are more stories you won't want to miss:
1. Worker shortages are bedeviling restaurants: Our HR expert weighs in on how restaurants can attract employees.
2. Lego is taking action: The toy brand said it will remove gender stereotypes from its products.
3. Southwest Airlines flight cancellations continued Monday: They were a fraction of the weekend's, but they're still causing problems.
4. Amazon is poised to allow remote work for more employees: It will be up to each individual team.
5. Don't use the letter "k" as a replacement for "OK" in your podcast: So says our expert in today's Talking Tech podcast on digital manners.
6. Brace yourself for a possible shortage of fish sticks: Blame it on a customs dispute at the U.S.-Canada border.
🐟 Why, cruel world?!
--@NathanBomey