Eco-Shop jumps on debut, minting a new Malaysian billionaire
Shares of discount-chain Eco-Shop Marketing gained on their debut on Friday (May 23) as Malaysia’s biggest initial public offering of the year created a billionaire. The stock jumped as…
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Billionaire
Xiaomi billionaire touts new Chinese chip in tech showcase
Xiaomi’s billionaire founder outlined plans Thursday (May 22) to outfit its top-end devices with advanced homegrown mobile processors, showcasing the company’s ambitions to expand its tech…
Xiaomi billionaire touts SUV, Chinese chip in tech showcase
Xiaomi’s billionaire founder outlined plans for its first SUV and top-end gadgets with self-developed mobile chips, showcasing ambitions to expand its technology portfolio and move past a…
Dollar-store billionaire poised to emerge from Malaysia IPO
A discount chain with signature red storefronts has drawn legions of Malaysians looking for good deals – and made its founder a billionaire. Eco-Shop Marketing, which operates more than…
Billionaire Richard Li's FWD Group again files for Hong Kong listing
Its previous attempts to go public were scuttled by regulatory delays and market volatility Group, a Hong Kong-based insurer backed by billionaire Richard Li, said on Monday…
Pritzker and Ocasio-Cortez: A billionaire and a former bartender emerge as Trump resistance leaders
The billionaire heir and the former bartender. Source link
Who Is Greg Abel? Warren Buffett's Successor as Berkshire Hathaway CEO Is Canadian-Born Billionaire Who Is a Doting Dad and Leads a Humble Life
Greg Abel, who has been chosen by Warren Buffett as the next CEO of Berkshire Hathaway, is a Canadian-born near-billionaire who, despite his wealth, leads a humble and down-to-earth…
Binance billionaire Zhao guides regulators to relax crypto rules
Crypto’s richest man, Changpeng Zhao, was in a playful mood as he addressed a packed house at the Ritz-Carlton in Kuala Lumpur, just seven months after his release from a low-security…
Battle erupts between billionaire Kwek Leng Beng and son Sherman Kwek for control of CDL
A tussle between father and son for control of property giant City Developments Limited (CDL) was revealed on Feb 25 with executive chairman Kwek Leng Beng publicly criticising his son…
Billionaire investor Ryan Cohen boosts stake in Alibaba to US$1 billion: WSJ
BILLIONAIRE investor Ryan Cohen has increased his personal stake in Chinese e-commerce giant Alibaba Group to roughly US$1 billion in recent months, The Wall Street Journal (WSJ) reported…
Former intern becomes billionaire in Australia pharmacy merger
A corporate tie-up in Australia will produce a parade of fortunes in an industry hardly known for extravagance. More than 100 shareholders will officially be millionaires. At least 10 will…
Hong Kong’s latest bubble tea IPO mints another billionaire
CHINA’S insatiable appetite for bubble tea has spawned another billionaire. Guming Holdings’ US$233 million Hong Kong initial public offering (IPO) bolstered the value of the stake owned…
Trump’s Dubai billionaire ally vows US$20 billion for data centres
SINCE Donald Trump was first elected in 2016, Hussain Sajwani, the head of Damac Group, wanted the world to know he was the US president’s man in the Middle East. The real estate…
Billionaire Li Ka-shing’s Hutchmed in US$608 million health unit stake sales
HUTCHMED (China), controlled by tycoon Li Ka-shing, is selling stakes in its health subsidiary for around US$608 million as the billionaire and his flagship conglomerate look to ramp up…
Billionaire brothers turn US$12,000 loan into empire of cheap toys
AT 18, Nick Mowbray dropped out of college in his native New Zealand and moved to China with his older brother, Mat. The pair spoke no Chinese, had few contacts and little business…
Thai billionaire Charoen to retire as F&N chairman in 2025; Koh Poh Tiong to step up
Fraser and Neave (F&N) announced on Tuesday (Dec 24) that its board chairman Charoen Sirivadhanabhakdi will retire from office on Jan 16, 2025, at the conclusion of its 126th Annual…
Opinion: Drain the swamp? More like overt, unapologetic swampy displays at Mar-a-Lago
Donald Trump doesn’t drain the swamp, despite his promises. He just puts his own brand on it, like everything else he touches, and sells. And he transports it: Wherever Trump is, the swamp…
Billionaire Art Dealer Who Made Marlborough Gallery Force, Starved to Death in $50M Fortune Scheme: Partner Accused of Chilling Betrayal
An 87-year-old Manhattan art dealer, Pierre Levai, died under suspicious circumstances, sparking a bitter legal battle. Levai's family claims his much younger partner, Marcia Levine,…
Isak Andic: Mango's Billionaire Founder and One of Spain's Richest Men Dies After Falling 500ft from Mountain While on Family Holiday
Business mogul and Mango clothing brand owner Isak Andic has died after a shocking mountain accident in Catalonia, where he fell from a height of nearly 500 feet. Andic, one of Spain's…
SA billionaire overtakes Dangote as Africa’s richest man
South African billionaire Johann Rupert has overtaken Nigerian industrialist Aliko Dangote as Africa’s richest person, according to the latest data from the Bloomberg Billionaires Index.…
Billionaire heiress becomes new head of government in Thailand
Thailand's ruling Pheu Thai party head Paetongtarn Shinawatra was elected prime minister during an extraordinary session of parliament on Friday, just two days after the dismissal of…