It's not always the case that shareholders receive information first.
In fact, recent market trends suggests the opposite. Insiders typically have access to information before shareholders, leading to the spread of rumors. By the time shareholders receive the information, it often coincides with a peak in share price.
Also, In the first article the headline was "If he's right, this is the nation's next billionaire." indicating the possibility.
However, in the recent article, same journalist ranked him as a billionaire, implying a level of certainty.
