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'Hyperloop' travel idea gains fans, if not backers (Update)

Billionaire entrepreneur Elon Musk released rough plans last week for a "Hyperloop" that would shoot capsules full of people at the speed of sound through elevated tubes connecting Los Angeles and San Francisco. Then he urged ...

Inventor Musk to share plans for high-speed travel (Update)

Twice as fast as an airplane, cheaper than a bullet train and completely self-powered: that's the mysterious transportation system for which inventor and entrepreneur Elon Musk is promising to reveal design plans Monday.

Facebook billionaire shuns luxury for startup life

(AP) -- Facebook co-founder and former Mark Zuckerberg roommate Dustin Moskovitz is by many accounts the world's youngest self-made billionaire. But the 27-year-old isn't sipping champagne in the Caribbean.

Will Facebook deliver an IPO surprise?

Facebook founder Mark Zuckerberg turns up at business conventions in a hoodie. "Cocky" is the word used to describe him most often, after "billionaire." He was Time's person of the year at 26.

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Billionaire

A billionaire, in countries that use the short scale number naming system, is a person who has a net worth of at least one billion units of a given currency, usually the United States dollar, Euro, or Pound sterling. Forbes magazine updates a complete list of U.S. dollar billionaires around the world every year.

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