Devon Pendleton

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

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  • Robert Reffkin, founder and chief executive officer of Urban Compass Inc., speaks during the Power of Data: Sooner Than You Think global technology conference in the Brooklyn borough of New York, U.S., on Wednesday, Oct. 30, 2019. The event convenes leaders on the front lines taking action to move the technology industry forward. Photographer Cate Dingley/BloombergTech

    Tech-focused real estate firm Compass faces tough IPO

    By Patrick Clark, Devon Pendleton, and others
  • Sandals of the German sandals and shoes maker Birkenstock are pictured in a store window at the company’s store in Berlin on February 26, 2021. – Germany’s unabashedly frumpy but comfortable flat sandals Birkenstock stepped into the luxury leagues on February 26, 2021, with an LVMH-backed company and the French group’s billionaire owner snapping up a majority stake in the iconic brand. (Photo by John MACDOUGALL / AFP) (Photo by JOHN MACDOUGALL/AFP via Getty Images)Finance

    From Louboutins to Birkenstocks, footwear brands are minting a new round of billionaires

    By Devon Pendleton, Benjamin Stupples, and others
  • BERLIN, GERMANY DECEMBER 01: SpaceX owner and Tesla CEO Elon Musk arrives on the red carpet for the Axel Springer Award 2020 on December 01, 2020 in Berlin, Germany.<br /> Britta Pedersen—Pool/Getty ImagesTech

    Elon Musk loses $27 billion as his historic wealth gains unravel

    By Devon Pendleton and Bloomberg
  • GERMANY-MEDIA-TESLA-AWARDTech

    Elon Musk loses $15.2 billion in Tesla’s biggest stock slide since September

    By Devon Pendleton and Bloomberg
  • BERLIN, GERMANY DECEMBER 01: SpaceX owner and Tesla CEO Elon Musk arrives on the red carpet for the Axel Springer Award 2020 on December 01, 2020 in Berlin, Germany.Tech

    Elon Musk to give $100 million for carbon capture prize

    By Devon Pendleton and Bloomberg
  • Elon Musk, founder of SpaceX and chief executive officer of Tesla Inc., arrives at the Axel Springer Award ceremony in Berlin, Germany, on Tuesday, Dec. 1, 2020. Musk&#8217;s net worth passed that of Amazon founder Jeff Bezos on Thursday, Jan. 7, 2021, making Musk the world&#8217;s richest person. Liesa Johannssen-Koppitz/Bloomberg via Getty ImagesTech

    Elon Musk beats Jeff Bezos to become world’s richest person

    By Devon Pendleton, Dana Hull, and others
  • 03 September 2020, Brandenburg, Grünheide: Elon Musk, Tesla boss, comes to the construction site of the Tesla Giga Factory. In Grünheide near Berlin, a maximum of 500,000 vehicles per year are to roll off the assembly line from July 2021 &#8211; and according to the car manufacturer&#8217;s plans, the maximum is to be reached as quickly as possible. Photo: Patrick Pleul/dpa-Zentralbild/ZBTech

    Elon Musk is now the world’s second-richest person, passing Bill Gates

    By Devon Pendleton and Bloomberg
  • Tesla CEO Elon MuskTech

    Elon Musk adds another $8 billion to become world’s fourth-richest person

    By Devon Pendleton and Bloomberg
  • Latin America's Largest Airline Seeks Brazil Unit BankruptcyFinance

    For billionaires, investing in airlines is becoming a losing bet

    By Tom Metcalf, Devon Pendleton, and others
  • A cyclist cycles beneath a billboard during the construction of a new Versace store on New Bond Street during the Covid pandemic lockdown in London.Finance

    The world’s wealthy are worried they wouldn’t survive another pandemic

    By Devon Pendleton and Bloomberg
  • BRAZIL &#8211; 2019/07/11: In this photo illustration a Zoom Video Communications logo seen displayed on a smartphone. (Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images)Tech

    The rise of social distancing during coronavirus pandemic pushes Zoom founder’s net worth up by $2 billion in 2020

    By Devon Pendleton and Bloomberg
  • Bill Gates speaks at Economic Club of Washington, D.C.International

    Bill Gates Loses His Spot as World’s Second-Richest Man

    By Ben Stupples, Devon Pendleton, and others
  • Salon Viva Technology 2018, Startup connect : Day Two

    There Are Now Three People Worth Over $100 Billion

    By Ben Stupples, Devon Pendleton, and others
  • Oscar StatuetteTech

    Salesforce’s $15B Tableau Purchase Makes This ‘Toy Story’ Oscar Winner a Billionaire

    By Devon Pendleton, Sophie Alexander, and others
  • JAPAN-OLY-2020-BILL GATES

    Gates Joins Jeff Bezos in the Ultra-Exclusive Centibillionaire Club

    By Tom Metcalf, Devon Pendleton, and others