Devon Pendleton

Stay informed with Devon Pendleton’s coverage and analysis for Fortune.

  • Kenneth FisherFinance

    Investor who started a firm with only $250 to get $7 billion richer after slicing off a stake to sell to private equity

    By Devon Pendleton and Bloomberg
  • Michael Dell, Chairman and CEO of Dell Technologies, is speaking at the ”New Strategies for a New Era” keynote at the Mobile World Congress 2024 in Barcelona, Spain, on February 27, 2024. (Photo by Joan Cros/NurPhoto via Getty Images)Tech

    Michael Dell’s net worth just vaulted past $100 billion for the first time, making him the world’s 12th-richest person

    By Vernal Galpotthawela, Devon Pendleton, and others
  • Marcelo ClaureSuccess

    VC billionaire Marcelo Claure is all in on AI, Shein and his hit soccer club—and wishes people would stop bringing up Adam Neumann and WeWork

    By Devon Pendleton, Daniel Cancel, and others
  • Autry StephensSuccess

    Meet oil’s new king: 85-year-old Autry Stephens, raised by peanut-and-melon farmers and now worth $25.9 billion

    By Devon Pendleton, Mitchell Ferman, and others
  • CNBC EVENTS — Pictured: Carl Icahn, Chairman, Icahn Enterprises, at the 2015 Delivering Alpha Conference on July 15, 2015 — (Photo by: Adam Jeffery/CNBC/NBCU Photo Bank/NBCUniversal via Getty Images)Finance

    Carl Icahn calls short-seller report ‘misleading’ as his firm halves dividend—and his wealth falls another $2.7 billion

    By Devon Pendleton and Bloomberg
  • SpaceX, Twitter and electric car maker Tesla CEO Elon Musk meets with France’s President at the Elysee presidential palace in Paris on May 15, 2023. (Photo by Michel Euler / POOL / AFP) (Photo by MICHEL EULER/POOL/AFP via Getty Images)Success

    Elon Musk is back to being the world’s richest person with a blockbuster net worth of $192 billion

    By Devon Pendleton and Bloomberg
  • SUN VALLEY, IDAHO – JULY 08: CEO of Facebook Mark Zuckerberg walks to lunch following a session at the Allen & Company Sun Valley Conference on July 08, 2021 in Sun Valley, Idaho. After a year hiatus due to the COVID-19 pandemic, the world’s most wealthy and powerful businesspeople from the media, finance, and technology worlds will converge at the Sun Valley Resort for the exclusive week-long conference. (Photo by Kevin Dietsch/Getty Images)Tech

    Mark Zuckerberg’s wealth grows $10 billion after Meta’s shares catapult 14% on strong earnings and a ‘year of efficiency’

    By Devon Pendleton and Bloomberg
  • Twitter CEO Elon MuskTech

    Elon Musk lost a staggering $123 billion this year as Tesla’s shares tanked. But he still has a lot of money left

    By Devon Pendleton and Bloomberg
  • Elon MuskPolitics

    Elon Musk denies report he spoke with Vladimir Putin before tweeting about ‘peace’ between Russia and Ukraine

    By Devon Pendleton and Bloomberg
  • Rob WaltonFinance

    Walmart heir to buy Denver Broncos for a reported $4.65 billion in largest-ever purchase of a U.S. sports franchise

    By Devon Pendleton and Bloomberg
  • Workers move shopping carts outside a Walmart store in Lakewood, California, US, on Sunday, May 15, 2022. Walmart Inc. is scheduled to release earnings figures on May 17. Photographer: Bing Guan/Bloomberg via Getty ImagesFinance

    World’s richest family loses $19 billion on Walmart’s biggest one-day wipeout since 1987

    By Devon Pendleton and Bloomberg
  • Bobby Kotick, chief executive officer of Activision Blizzard Inc., arrives for the morning session of the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, U.S., on Wednesday, July 10, 2019. The 36th annual event gathers many of America’s wealthiest and most powerful people in media, technology, and sports. Photographer: Patrick T. Fallon/Bloomberg via Getty ImagesTech

    Microsoft’s Activision deal may give scandal-plagued CEO Bobby Kotick a $375 million windfall

    By Devon Pendleton, Scott Carpenter, and others
  • Elon Musk Visits Site Of New Tesla Gigafactory In GermanyTech

    Elon Musk and Jeff Bezos are now worth nearly half a trillion dollars

    By Devon Pendleton and Bloomberg
  • NEW YORK, NY – May 10: View of the Nasdaq Building in Times Square on May 10, 2021 in New York City. The Nasdaq company falls sharply as rising commodity prices renew concerns about rising inflation. (Photo by Pablo Monsalve / VIEWpress)Tech

    GitLab CEO becomes a billionaire after IPO

    By Devon Pendleton and Bloomberg
  • DETROIT, MICHIGAN – OCTOBER 28: Anthony Casalena speaks during the 2019 Forbes 30 Under 30 Summit on October 28, 2019 in Detroit, Michigan. (Photo by Taylor Hill/Getty Images)Finance

    Squarespace founder nabs a $2.3 billion fortune by going public

    By Devon Pendleton and Bloomberg