Elizabeth Stein went from selling muffin mix out of her apartment to closing one of the largest recent deals in the natural foods industry.

Stein agreed to sell her Purely Elizabeth brand of granolas, oatmeals and cereals to Italian chocolate and candy giant Ferrero on Friday. Forbes estimates the deal is worth more than $850 million.

In addition to staying on as CEO, Stein will pocket an estimated $400 million after taxes, which puts her in a position few food founders ever achieve. “I really hope it shows women that they don’t have to choose between being a visionary founder and becoming a scaled CEO,” she says.

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Elon Musk’s net worth briefly topped $900 billion Monday as shares in SpaceX rallied after institutional investors like Nvidia, BlackRock and Harvard’s endowment disclosed stakes in the rocket maker.

The Justice Department is investigating venture capital firm Andreessen Horowitz over antitrust concerns, despite its billionaire co-founder Marc Andreessen’s ties to President Donald Trump.

Shein’s valuation has collapsed nearly 75% in four years as the fast-fashion giant prepares to debut on public markets in Hong Kong as soon as this month. The company’s valuation will likely be around $25 billion for its IPO, Reuters reports, as its revenue growth has slowed in recent years amid tariffs and competition from rival Temu.

Wealth Entrepreneurship

At 25, James Dacombe is now Europe’s youngest self-made billionaire after his AI chipmaking company Olix raised funds at a $3.3 billion valuation. Dacombe, a high........

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