The House of Saud, the ruling royal family of Saudi Arabia, is the wealthiest family in the world, with a net worth exceeding USD 1.4 trillion.

According to Forbes, the British Royal family is estimated to be worth around £69 billion ($88 billion) - but their wealth pales in comparison to the world's richest family.

The layoffs are part of a cost-cutting drive, driven by Elon Musk's Department of Government Efficiency (Doge), that aims to drastically cut the federal workforce to reduce government costs and to weed out waste.

Traffic in Miami Beach on Wednesday was gridlocked for the entire afternoon in anticipation of the presidential motorcade, as Donald Trump arrived to speak for more than an hour at the Future Investment Initiative (FII) Priority conference – a smaller spin-off of Saudi Arabia’s so-called Davos in the Desert.

The State Department has ordered the cancellation of all news subscriptions deemed “non-mission critical,” according to internal email guidance viewed by The Washington Post. The move aligns with the Trump administration’s crackdown on media companies that count the U.S. government as paying customers.

Elon Musk commends US-Russia negotiations in Saudi Arabia, highlighting leadership amid Ukraine conflict. Key discussions involve Lavrov and US officials.- Watch Video on English Oneindia

Musk speaks about his federal cost-cutting initiative, as Argentina's president hands him a "chainsaw of bureaucracy".

White House press secretary Karoline Leavitt said Tuesday that "Elon Musk is a special government ... accessed systems in several agencies. Saudi Arabia's sovereign wealth fund, which hosted ...

President Donald Trump spoke at the Future Investment Initiative Institute Miami 2025 summit — a gathering of global business leaders,<a class="excerpt-read-more" href=" More

President Donald Trump’s week included rewriting U.S. policy toward Russia and firing the country's senior military officer.

17 (UPI) --Secretary of State Marco Rubio arrived in Saudi Arabia on ... U.S. News // 1 day ago Musk: All federal employees must account for past week's work Feb. 22 (UPI) -- Department of Government Efficiency director Elon Musk on Saturday warned all ...