WASHINGTON: Elon Musk said Friday that his much-hyped cage fight with Mark Zuckerberg would take place in Italy, as authorities there confirmed talks about hosting a “great charity event.”
While any showdown between the two tech titans has yet to be officially confirmed, Musk said on his X social media platform — formerly known as Twitter — that arrangements were advancing.
“I spoke to the PM of Italy and Minister of Culture,” Musk wrote, referring to Italian Prime Minister Giorgia Meloni. “They have agreed on an epic location.”
Meta chief Zuckerberg responded on his Threads social network, posting a photo of himself shirtless and pinning down an opponent in his “backyard octagon.”
A martial arts enthusiast who has taken part in jiujitsu competitions, Zuckerberg said, “I love this sport and I’ve been ready to fight since the day Elon challenged me.”
“If he ever agrees on an actual date, you’ll hear it from me. Until then, please assume anything he says has not been agreed on.”
Italian Culture Minister Gennaro Sangiuliano confirmed speaking to Musk about “how to organize a great charity event evoking history” but said any match “will not be held in Rome.”
Musk apparently hopes the fight would take place in the ancient Colosseum, a UNESCO World Heritage site, posting about the idea in late June.
In a statement, Sangiuliano said any event with Musk would raise “a huge sum, many millions of euros, (that) will be donated to two important Italian pediatric hospitals.”
“It will also be an opportunity to promote our history and our archaeological, artistic and cultural heritage on a global scale,” he said.
Musk meanwhile said “everything done will pay respect to the past and present of Italy” and that proceeds will “go to veterans.”
He said the cage match would be managed by foundations run by himself and Zuckerberg and not by UFC, the Las Vegas-based mixed martial arts promoter.
UFC boss Dana White, still seeking participation in the event, told Mike Tyson’s podcast this week that he believed the fight would generate $1 billion in revenue.
Zuckerberg said in his Threads post that he would want to work with a professional organization such as the UFC to create a line-up that spotlights elite athletes in the sport.
The two tech tycoons, who have occasionally jousted from afar, became direct competitors after Zuckerberg’s Meta launched its Twitter-like Threads platform in early July.
In a slightly frivolous aside, Musk later Friday posted a phrase in Latin that translates as “it is delightful to play the fool occasionally.”
Musk did not mention a date for the proposed fight, but said he may need to undergo “minor surgery” to resolve a “problem with my right shoulder blade rubbing against my ribs.”
“Recovery will only take a few months,” he added.
The world’s richest person has a titanium plate holding two vertebrae together but said Friday it is currently “not an issue.”
Elon Musk says cage fight with Meta’s Zuckerberg will be in Italy
https://arab.news/2yrc4
Elon Musk says cage fight with Meta’s Zuckerberg will be in Italy
- Musk says he spoke to Italy's PM and culture minister and "They have agreed on an epic location”
- Zuckerberg says he's ready to fight but Musk should first agree on an actual date
Some Warren Buffett wisdom on his last day leading Berkshire Hathaway
OMAHA, Nebraska: The advice that legendary investor Warren Buffett offered on investing and life over the years helped earn him legions of followers who eagerly read his annual letters and filled an arena in Omaha every year to listen to him at Berkshire Hathaway’s annual meetings.
Buffett’s last day as CEO is Wednesday after six decades of building up the Berkshire conglomerate. He’ll remain chairman, but Greg Abel will take over leadership.
Here’s a collection of some of Buffett’s most famous quotes from over the years:
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“Be fearful when others are greedy, and greedy when others are fearful.”
That’s how Buffett summed up his investing approach of buying out-of-favor stocks and companies when they were selling for less than he estimated they were worth.
He also urged investors to stick with industries they understand that fall within their “circle of competence” and offered this classic maxim: “Rule No. 1: Never lose money. Rule No. 2: Never forget Rule No. 1.”
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“After they first obey all rules, I then want employees to ask themselves whether they are willing to have any contemplated act appear the next day on the front page of their local paper to be read by their spouses, children and friends with the reporting done by an informed and critical reporter.
“If they follow this test, they need not fear my other message to them: Lose money for the firm and I will be understanding; lose a shred of reputation for the firm and I will be ruthless.”
That’s the ethical standard Buffett explained to a Congressional committee in 1991 that he would apply as he cleaned up the Wall Street investment firm Salomon Brothers. He has reiterated the newspaper test many times since over the years.
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“You only find out who is swimming naked when the tide goes out.”
Many companies might do well when times are good and the economy is growing, but Buffett told investors that a crisis always reveals whether businesses are making sound decisions.
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“Who you associate with is just enormously important. Don’t expect that you’ll make every decision right on that. But you are going to have your life progress in the general direction of the people you work with, that you admire, that become your friends.”
Buffett always told young people that they should try to hang out with people who they feel are better than them because that will help improve their lives. He said that’s especially true when choosing a spouse, which might be the most important decision in life.
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“Our unwavering conclusion: never bet against America.”
Buffett has always remained steadfast in his belief in the American capitalist system. He wrote in 2021 that “there has been no incubator for unleashing human potential like America. Despite some severe interruptions, our country’s economic progress has been breathtaking.”
