Jamie Dimon, the billionaire head of the U.S.’ biggest bank, lauded Tesla CEO Elon Musk, the richest man on the planet and a key part of President Donald Trump’s administration, on Wednesday, squashing a long-running beef between the billionaires’ companies as Dimon becomes the latest billionaire warming to Musk or Trump.

Move over billionaires. The first trillionaires are on their way.

"Elon and I hugged it out," Dimon told CNBC in a TV interview at the World Economic Forum's annual event in Davos, Switzerland. "He came to one of our conferences, [and] he and I had a nice, long chat. We settled some of our differences."

A speech by the U.N. chief, economic growth potential in places like China and Russia, the challenges of artificial intelligence and leaders from Spain to Malaysia are set to headline the agenda at the World Economic Forum’s annual event in Davos.

Many Big Tech executives are in attendance at President Donald Trump's inauguration ceremony on Monday, namely one of the incoming president's biggest supporters: Tesla (TSLA) CEO Elon Musk. How are other world leaders viewing a tycoon such as Musk's closeness to the Trump administration,

DAVOS - Mr Donald Trump is not stepping foot in Davos this week but the head of the World Economic Forum says the new president has brought renewed interest in the annual gathering of business and political leaders.

The World Economic Forum kicks off in the Swiss Alpine resort on the same day as the presidential inauguration of Donald Trump.

Leaders from around the globe are currently gathering in Davos, Switzerland, for the World Economic Forum's annual multi-day meeting as newly-inaugurated President Trump is beginning his second term.

Valdis Dombrovskis, the commissioner for economy at the European Commission, discusses European economic policy and EU-U.S. relations at the World Economic Forum in Davos.

Due to his achievements, Kimbal Musk has been named a Global Social Entrepreneur by the World Economic Forum. Kimbal completed ... Elon Musk, launch Tesla. Talking about his endeavors, Kimbal ...

The Tesla directors received stock options that ... the second-largest ever in Delaware's Court of Chancery, the go-to forum for shareholder litigation. The directors did not admit wrongdoing.

The world will soon have five trillionaires. New research shows this will happen within a decade. Who will they be?