He’s a tech titan who struck gold with Twitter, however the shine appears to be coming off Jack Dorsey.
He’s discovered himself embroiled in scandal amid stories the funds firm he co-founded and leads, Block, has inflated consumer numbers and catered to criminals.
The agency has denied the claims from short-seller Hindenberg Research and is threatening authorized motion, however that didn’t cease its shares plummeting by 15 per cent.
“Jack Dorsey has seen his personal wealth tank by more than $780 million in a single day,” says Grafa’s Grafa’s Colin Ebsworth on the most recent episode of The West Australian’s finance present Trading Up.
Also on Trading Up, discover out why the ASX closed the week on a low, which West Aussies are placing it extraordinarily wealthy and the way a lot they’re value, and why bourbon maker Jack Daniels is in a canine combat.
WATCH THE LATEST EPISODE IN THE VIDEO PLAYER ABOVE
Source: www.perthnow.com.au
