Nearly half of all billionaires are poorer than they were in 2022

Apr 5 2023

As Forbes reveal the richest persons on planet Earth for the year 2023, the business global media company revealed that most of the world’s 2,640 billionaires actually lost a considerable amount of their fortune.

The 25 richest people in the world are worth a collective $2.1 trillion, which is down a considerable $200 billion from $2.3 trillion in 2022.

The World’s Billionaire’s list was released Tuesday and revealed that two-thirds of the top 25 are poorer than they were last year, compared to around half of the list.

Jeff Bezos suffered the most, as Amazon shares crashed by 38%, cutting $57 billion from Bezos’ fortune and ranking him at No.3 this year.

Elon Musk suffered the second largest hit, losing the title of world’s richest person after his purchase of Twitter. Musk is worth a whopping $39 billion less than a year ago.

Meanwhile, Zhang Yiming, who founded TikTok parent Bytedance, and Finance founder Changpeng Zhao, lost their places from among the top 25.

On the flip side, Bernard Arnault, head of luxury goods giant LVMH, went up $53 billion to be placed in the number 1 spot for the first time.

#MaltaDaily

Woman and 7 year old grievously injured after Żejtun crash

Apr 5 2023

Yesterday, at around 1600hrs, police were informed of a traffic accident which took place in Vjal il-25 ta’ Novembru, Żejtun.

Preliminary investigations found that a crash had taken place between a Peugeot 3008 and a Chevrolet Matiz. It was also found that due to the crash, the Chevrolet hit a Mini One being driven by a 58 year old Imsida resident.

The Peugeot was being driven by a 38-year-old woman resident of Fgura, who had two 9-year-old daughters riding as passengers.

The Chevrolet driver was another woman, 44-years-old, resident of Fgura who had a 7-year-old son riding as passenger.

Civil Protection and a medical team were called onto the scene and transported all persons involved except for the 58-year-old, to Mater Dei Hospital.

It was later confirmed that the persons in the Peugeot all suffered light injuries whereas the Chevrolet passengers suffered grievous injuries.

Later, at around 1700hrs, police were informed of another accident which took place in Triq il-Prajjiet, Mellieħa.

Police convened immediately on site and, through preliminary investigations, found that a Nepalese man resident of St Paul’s Bay lost control of his Kymco motorcycle and fell off the vehicle.

Along with him was another Nepalese man resident of St Paul’s Bay. A medical team convened on site and transported them to Mater Dei Hospital. The two men were both certified to have suffered grievous injuries.

Police investigations are still ongoing.

#MaltaDaily

Two seriously injured & four with grievous injuries in Birżebbuġa crash

Apr 5 2023

Yesterday, at around 2300hrs, police were informed of a traffic accident which took place in Triq Ħal Far, Birżebbuġa.

From preliminary investigations it was found that a crash had taken place between an Isuzu D-Max, driven by 51-year-old resident of Ħaż-Żebbuġ and a Peugeot 308 driven by a 33-year-old Pakistani man resident of Ħaż-Żabbar.

Riding in the Peugeot as passengers were four Bulgarians, three men and one woman, with ages varying between 23 to 50 years old.

Civil Protection was called onto the scene, along with a medical team, to assist. Thanks to various ambulances, everyone involved was taken to Mater Dei Hospital.

It was later confirmed that the Pakistani man and a 50 year old Bulgarian passenger were seriously injured and the others were all grievously injured.

An inquiry has been opened and investigations are ongoing.

#MaltaDaily

Shrek 5? Original cast could return for fifth Shrek sequel

Apr 5 2023

It’s been 13 years since the fourth instalment of the Shrek franchise was released – and now, the original cast are in talks to return to bring back all the beloved characters.

In an interview with Variety, founder and CEO of Illumination Chris Meledandri said that, although no one has yet signed on, talks are currently underway with Mike Meyers, Cameron Diaz and Eddie Murphy (voices of Shrek, Fiona and Donkey respectively) for a fifth movie.

Illumination has been working as a creative partner with Dreamworks on The Super Mario Bros Movie, and have used this opportunity to tease another Shrek adventure.

This comes after Puss In Boots: The Last Wish being so well received by critics and audiences, which also teased the return of the big green ogre and his family and friends.

And Meledandri has reason to be optimistic too as Eddie Murphy also exclaimed how he would jump on it ‘in two seconds’ if a Shrek sequel were to be announced. He also wondered why there never was a movie based around Donkey, given his hilarious character.

#MaltaDaily