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Elon Musk Becomes First Person In History To Surpass $600bn Net Worth

Elon Musk has made history as the first person to exceed a net worth of $600 billion, with his wealth estimated at $677 billion as of 12 p.m. U.S. Eastern Time on Monday, according to Forbes.

The surge in Musk’s fortune was driven largely by a sharp rise in the valuation of his private space company, SpaceX.

Earlier this month, SpaceX completed a tender offer that valued the company at $800 billion, doubling its valuation from $400 billion in August, according to investors cited by Forbes.

The increase followed a tender offer by SpaceX earlier this month, which valued the company at $800 billion, up from $400 billion in August, two of the company’s investors told Forbes.

Musk owns an estimated 42% stake in SpaceX, and the higher valuation alone added approximately $168 billion to his fortune.

The tender offer comes as SpaceX prepares for a potential IPO in 2026, which could value the company at around $1.5 trillion, according to one investor. Such an IPO would likely make Musk the world’s first trillionaire, even without considering gains from his other holdings.

Tesla, xAI, and other wealth drivers

Forbes estimates that Musk’s $336 billion stake in SpaceX is his most valuable asset, surpassing his 12% stake in Tesla, which is worth about $197 billion.

Tesla stock options from his 2018 CEO performance award, voided by a Delaware judge in January 2024, have been discounted to $69 billion, pending the outcome of Musk’s appeal to the Delaware Supreme Court.

Musk’s xAI Holdings also contributes significantly to his fortune.

The AI company is reportedly raising funds at a $230 billion valuation, more than double the $113 billion valuation he cited when forming xAI in March by merging it with his social media company X. Musk owns 53% of xAI Holdings, valued at approximately $60 billion.

With an estimated $425 billion lead over the world’s second-richest person, Google co-founder Larry Page, Musk is closer to reaching $700 billion than losing his spot as the world’s richest individual, the report emphasised.

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Entertainment News

Davido Brought Toxicity, Rivalry To Nigerian Music Industry – Samklef Claims

Samklef, the popular Nigerian record producer, has accused singer Davido of fuelling toxicity and rivalry within the Nigerian music industry.

He made the claim while reacting to a tweet by fellow producer-turned-singer Pheelz, expressing concern over the toxicity and comparisons in the Nigerian music industry.

“Music was meant to be enjoyed, not to be compared. This comparison game is hurting the sound and culture more than we can ever know,” Pheelz wrote.

Reacting, Samklef claimed that there was mutual respect in the Nigerian music industry when Wizkid and Olamide held sway as the young stars until Davido joined them.

He claimed that with Davido’s entry came toxicity, “cultist mindset,” threats and streaming fraud.

Samklef said that the music industry wasn’t supposed to be competitive or a rivalry ground.

He wrote, “Music was fun when we started. When Wizkid came, there was no comparison—everything was pure love.

“Olamide came too, same thing. No pressure, no hatred, just music.

“Then one Scorpio boy who moves like diddy..Davido entered, and since then the industry turned toxic.

“Cultist mindset, threats, fake streams, dirty moves everywhere.”

His submission sparked mixed reactions, with many berating him for singling Davido for blame for the decadence in the music industry.

Meanwhile, Davido is yet to react to Samklef’s allegations.

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Entertainment News

You Can Now Have Your Life Back – Actress Blessing CEO Celebrates As Her Partner, IVD Is Acquitted In Wife’s De@th Case

Nigerian celebrity car dealer Ikechukwu Ogbonna has been cleared of any involvement in the death of his late wife, Bimbo Ogbonna, after being discharged and acquitted.

IVD was cleared on Monday, December 15, 2025, three years after a legal battle with Bimbo’s family, who had accused him of causing her death.

His new partner and self-styled relationship expert, Blessing CEO, announced the news on her Instagram page. Celebrating IVD’s court victory, Blessing CEO encouraged her followers to leave toxic marriages or relationships.

“Discharge and acquitted 15th December 2025. It ended in praise.

“4 years of tears and false narratives.

“Nigeria justice system still works.

“I’m proud of my country. IVD. You can now have your life back. Congratulations.

“If marriage or relationship no Dey work please run ooooooo, run oooooo, don’t wait for anybody to pass. Run,” she stated.

Recall that Bimbo d!ed in October 2022 after sustaining injuries from a fire incident linked to domestic violence at their Lagos residence.

In March 2023, IVD was arraigned by the Lagos State Government and charged with involuntary manslaughter, before being released on bail.

He was later rearrested on August 1, 2025, while travelling to Qatar ahead of his wedding with Blessing CEO by the Lagos State Directorate of Public Prosecutions.

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Entertainment News On the Blaze

Detty December: Dapper Live Presents Trench Symphony The Largest Orchestra- Led Concert Of Afrobeats And Fuji (Photos & Video)

Dapper Live Announces “Trench Symphony”, Afrobeats and Fuji’s Largest Orchestra this December featuring TML Vibez, Lasmid, Cazulee, T.I Blaze, Rybeena, BhadBoi OML, Dwillsharmony  & Kashcoming with special performances by Fuji Legends, KS1 Malaika and King Dr. Saheed Osupa.

Dapper Live, an offshoot of the Dapper Group known for delivering exceptional live music experiences across Nigeria, has announced its upcoming Detty December concert, Trench Symphony, to hold on the 16th of December,2025, from 8:00 pm Nigerian time at Balmoral Eko Convention Centre, Victoria Island, Lagos. This is the second edition of the first-of-its-kind concert in Nigeria, where local music is performed with a full orchestra.

This edition promises a rich fusion of Fuji, Afrobeats, and street sounds, all reimagined through a live orchestral experience. Audiences will enjoy special performances from legendary Fuji icons King Dr Saheed Osupa and KS1 Malaika, performing alongside a new wave of stars including TML Vibez, Rybeena, Kashcoming, T.I Blaze, Bhad Boi OML, Lasmid, Cazulee, and Dwillsharmony,  a line-up designed to delight Afrobeats fans, music lovers, and diaspora returnees seeking a truly immersive music experience.

Trench Symphony’s debut held in Q4 2025 officially opened the concert and live experiences season in Nigeria and broke new ground as Nigeria’s first full-orchestra street music concert. Building on the success of the first edition, Trench Symphony returns this Detty December season with even greater energy, creativity, and cultural depth, as Dapper Live takes the lead in creating fun and memorable festive-season experiences.

According to Damilola “Akinwunmi” Dapper, CEO of Dapper Group:

“Trench Symphony was created to redefine live music experiences in Nigeria, bridging the gap between the streets and the stage, between culturally rich sounds like Fuji and the vibrant pulse of Afrobeats. This edition continues that journey, celebrating music that unites generations and backgrounds.”

As Lagos prepares to welcome visitors and Nigerians returning from the diaspora for the festive season, Trench Symphony promises to be a standout celebration of homegrown sound and culture set to bring together music lovers, cultural enthusiasts, and holidaymakers for an unforgettable night that bridges tradition, innovation, and the shared joy of Detty December in Lagos.

Detty December takes a different form this year! This is innovative and first of its kind.

@dapper.live presents Trench Symphony the largest orchestra-led concert of Afrobeats and Fuji.

Featuring special Fuji performances by King Saheed Osupa and KS1 Malaika and performances by T.I Blaze, TML Vibez, BhadBoi OML, Lasmid, Rybeena, Cazulee, Dwillsharmony & Kashcoming.

Date: Dec 16th, 2025
📍 Balmoral Eko Convention Centre, VI
🎟 ₦25,000 (Regular) | ₦50,000 (VIP)
Tickets: onburd.com or @dapper.live

Tickets for Trench Symphony are available at onburd.com

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Entertainment News

Nigerian Singer, Portable Causes Stir As He Shares Adorable Video With Pregnant Wife, Rains Money On Her (Video)

Habeeb Okikiola, the controversial Nigerian singer popularly known as Portable, has shared a heartwarming video featuring himself and his pregnant wife, Bewaji.

During one of his rants, Portable revealed that his wife was carrying their third child.

Confirming the news, Bewaji, who has been away from the spotlight, made a return via her Instagram page, sharing a cute video of herself and her bump.

Taking to his Instagram page, Portable shared a video of himself with Bewaji.

In the clip, the street singer was seen playing with his wife as he showered her with money.

He wrote: “God bless you Forever Won Da Tie Mo Mama Zeh 001

“@queenportable1″.

The post has drawn quite some attention on social media.

Commenting on it, lollypop8189 wrote, “Na wetin Ashabi want gan gan be this

One everythingnessa_store wrote, “Love birds. I love how you love your wife

One temmy_business_card wrote, “See me smiling here. Ife yin adale insha Allah.

One simply_doja wrote, “Make someone check on Ashabi now

One 30flown1 wrote, “Ori Ashabi tun gbona wa

One Kaosaranojeem wrote, “Hmm, left the group”.

One Iamdresan wrote, “Funny enough, Portable sabi this care and play with his wife”

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Entertainment News

Nollywood Actress, Iyabo Ojo Overwhelmed As Her Fans Surprise Her In Grand Style (Video)

Nollywood actress Iyabo Ojo was deeply moved after receiving a heartfelt surprise from her devoted fan group.

The movie star had attended a meet-and-greet for her colleague, Funke Akindele’s movie, in which she was cast, at a Lagos cinema.

Iyabo shared a video on her Instagram page from the Meet and Greet, where she was serenaded by her fans and gifted a frame and other gifts.

In her caption, the mother of two expressed gratitude to her fans, revealing that she never knew she had a fan group. Iyabo appreciated them for the massive love.

She wrote: “THANK YOU SO MUCH to everyone who came out to watch BEHIND THE SCENES with me yesterday. Special shoutout to @iyaboojosocialfansclub, you guys surprised me.

“Didn’t know I had a fan group. Thank you for the MASSIVE LOVE! Keep watching, BEHIND THE SCENES is still in cinemas in Nigeria and the UK! 🇳🇬🇬🇧

“Go see the movie, tell a friend to tell a friend”.

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Entertainment News

I Wrote ‘Dami Duro’ For Davido – Nigerian Singer, Bigiano Claims (Video)

Nigerian singer Bigiano has alleged that he was the original writer of the hit song Dami Duro, which was later performed by his colleague, Davido.

Speaking in a recent interview with content creator Akin Abolade, the Shayo crooner specifically stated that he wrote the hook of Dami Duro.

“I wrote Dami Duro for Davido. I wrote the hook,” he claimed.

On why he has been away from the music scene, Bigiano said, “Sometimes, you have to take a break to be able to come back again. I went on a sabbatical to make my return to music massive.”

He added that despite his break from music, he is not struggling financially, stressing that “I can’t be broke.”

Recall that Dami Duro shot Davido to fame after it was released in 2011.

The song has been named among the “greatest Afrobeats songs of all time” by several local and international buffs.

However, Bigiano is not officially credited as a co-writer of the song.

Davido is yet to react to his claims of co-writing the hit song.

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Entertainment News

The Sudden Collapse Of My First Marriage Shook Me, I Still Don’t Know Why My Wife Left – Actor Akin Lewis Opens Up (Video)

Veteran Nollywood actor Akin Lewis has revealed details about one of the most painful chapters of his life—his first marriage—admitting that he still cannot understand why his first wife chose to leave.

In a new interview, the screen legend revealed that despite many years having passed, he remains puzzled about what led to the unexpected end of the relationship.

He described the period as one of his saddest life experiences, one that raised questions he never got answers to.

The interview which was monitored by R on African A-List Podcast, where the actor spoke about love, loss, and career longevity in the Nigerian film industry.

Speaking with emotion, Lewis said: “I still don’t understand why the woman left till today.”

The actor added that the sudden collapse of the marriage shook him deeply and shaped how he now views relationships and human behaviour.

Despite the personal heartbreak, Lewis refused to dwell on the past, saying the experience made him stronger, more focused, and more appreciative of his career and life’s journey.

During the discussion, Lewis also addressed complaints by some film producers about the fees charged by veteran actors in Nollywood.

He expressed displeasure over such views, saying they show a lack of respect for years of hard work and dedication.

The actor explained that he has spent over five decades building his career across film and theatre, with many years devoted to formal training and continuous learning.

He added that he still studies the craft to remain sharp and relevant.

Lewis made it clear that experienced actors should not be expected to work for less or feel lucky just to be cast in films.

He insisted that anyone who wants his service must be ready to meet professional standards, including proper payment, respect, and fair treatment.

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Entertainment News

I’m Coming To Nigeria To Slap You – Bobrisky Slams Peller For Attempting Su!cide Over Breakup With Jarvis

Idris Okuneye, the controversial Nigerian crossdresser, who is popularly known as Bobrisky, has weighed in on the recent controversy surrounding TikTok creator Peller and his car crash, which was reportedly linked to issues in his relationship with Jarvis.

In a post shared on his Instagram page, Bobrisky condemned Peller’s actions and described his behaviour as unnecessary and reckless.

He questioned why Peller would allow relationship problems to push him into actions that could damage his life and property, especially after recently acquiring a new car.

Bobrisky also claimed he knew someone he considered more suitable for Peller and said the influencer should not risk his future over emotional distress tied to a breakup.

He added that Peller needed to think clearly and stop allowing love matters to control his decisions.

The internet sensation went further to advise young people to always value themselves first in relationships.

According to him, loving a partner is normal, but self-respect and self-care should come before any emotional attachment.

He warned that once a relationship becomes unhealthy, it is better to walk away and move on.

He wrote: “Peller, I’m coming to Nigeria to slap that ur small face. You want to kpai urself because of javis ? Egbami !!!! You crashed that new car because of javis ? Peller i have a pretty girl that’s way prettier than javis now. She should be in her 23yr or so. Her father is so rich. Abi ori peller o pe ni?

“Pls stop falling in love with wrong people. It’s normal to fall in love with ur man or woman but don’t forget to love urself first incase the man/woman want to try rubbish with you dump him like he never exist.”

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News

Aliko Dangote Reacts to Reports that Donald Trump Is Unhappy With the Launch Of Dangote Refinery (Video)

Alhaji Aliko Dangote, President of Dangote Refinery, has denied claims that U.S. President Donald Trump is displeased with the launch of the $20 billion refinery.

There were claims on social media suggesting that Trump’s recent threat to attack certain locations in Nigeria could be linked to Africa’s largest refinery.

Trump had threatened to strike terrorists targeting Christians at various locations in Nigeria, which led to the spread of various propaganda and social media reactions.

Addressing the press, Dangote said that the USA has been a major supplier of crude to the refinery, adding that the talk about Trump being angry over its establishment “does not hold water.”

“The US has been one of our major suppliers of crude, which is why when someone says Trump is not happy with our refinery, it’s not true,” he said.

“Trump is more than happy with our refinery, because on average for a year, we do not buy more than 100 million barrels from the US.”

Dangote also said Nigerians now have the option of buying high-quality, locally refined petrol at a cheaper price or opting for blended imported fuel at a higher cost.

Dangote stated that fuel importers could continue to incur losses while Nigerians enjoy more affordable petrol prices.

According to him, the availability of locally refined petrol gives consumers a clear choice between quality fuel sold at a lower rate and blended premium motor spirit (PMS) sold at higher prices by importers.

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