Nvidia’s Jensen Huang falls out of world’s 10 richest ranking
Three members of Walmart’s founding Walton family overtake the tech billionaire A weeks-long hot streak for Walmart shares has vaulted three members of the founding Walton family…
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One of China’s richest battery tycoons builds US$50 billion empire
Sungrow has the second-biggest market value among all mainland-listed firms seeking H-share listings CAO Renxian is one of China’s richest men in an industry the world cannot live without,…
Oracle slump sends Ellison sliding down ranks of world’s richest
A frenzied, artificial intelligence (AI)-fuelled rally in Oracle stock briefly made Larry Ellison the world’s richest person in September. But a prolonged slump since then has seen the…
Elon Musk gets (briefly) unseated as world’s richest person
The battle among billionaires for bragging rights as the world’s richest person got heated Wednesday with the surprising surge of an old contender: Larry Ellison. In a stunning few minutes…
Ellison rivals Musk as world’s richest man with US$70 billion gain
Larry Ellison is closing in on Elon Musk for the title of the world’s richest person. His fortune soared US$70 billion after Oracle reported quarterly results after market close on Tuesday…
Ellison tops Musk as world’s richest man after US$101 billion gain
Ellison, who co-founded Oracle, has the bulk of his net worth tied up in the database software company Larry Ellison has become the world’s richest person for the first time, ending Elon…
Goldman Sachs targets richest families in Australia expansion
Goldman Sachs plans to expand its private wealth management team in Australia to capture a boom in self-made multi-millionaires and family wealth looking for global investments. “We are…
Wealth firms are preparing richest Australians for pension tax fallout
A looming pensions tax on rich Australians is sparking a flurry of behind-the-scenes planning by the nation’s wealth managers, who say clients are actively exploring strategies to shield…
Family office for Hong Kong’s richest builds out hedge fund team
A money manager for some of Hong Kong’s richest families is building a hedge fund team to allocate money away from private equity after its clients asked for more liquid investments. VMS…
Richest Thai sees US$10 billion hydro, LNG projects driving growth
Construction on a US$1 billion LNG import terminal project, Thailand’s third, will start later this year before commercial operations are scheduled in 2029 Thailand’s richest…
Richest Indonesian adds US$20 billion to wealth on energy rally
Billionaire Prajogo Pangestu’s fortune is soaring once again, a sharp reversal from the precipitous falls that erased billions over the past year. The 81-year-old, who is Indonesia’s…
Bernard Arnault Is No Longer France’s Richest Man
PARIS – Bernard Arnault has lost his longstanding status as France’s richest man. According to French magazine Challenges, which published its latest list of France’s biggest professional…
Oracle's Larry Ellison Becomes World's 2nd Richest, Surpassing Zuckerberg and Bezos
Oracle co-founder and Chairman Larry Ellison has surged to the No. 2 spot on the global billionaire rankings, overtaking tech giants Mark Zuckerberg and Jeff Bezos. The dramatic climb…
‘The Richest Woman in the World’ Review: Isabelle Huppert Stars in a Billionaire-Dynasty Drama That Fails to Scratch the ‘Succession’ Itch
Isabelle Huppert sure likes to work. Why else would the person most likely to raise a regal hand were you to page “our greatest living actress,” in between the roles that might earn her…
World's richest 10% caused two thirds of global warming: study
The world’s wealthiest 10 per cent of individuals are responsible for two thirds of global warming since 1990, researchers said on Tuesday. How the rich consume and invest has…
World’s richest people lose US$108 billion after DeepSeek sell-off
The world’s 500 richest people, led by Nvidia co-founder Jensen Huang, lost a combined US$108 billion on Monday (Jan 27) as a tech-led sell-off tied to Chinese artificial intelligence (AI)…
Crypto’s richest man CZ turns venture capital firm into giant family office
ZHAO Changpeng “CZ”, a few months out of prison and worth US$70 billion thanks to the relentless crypto rally, is turning the former venture capital arm of his Binance Holdings into a…
China’s richest regions cut electricity prices to protect industries
MORE Chinese regions are cutting electricity prices to help out their embattled industries, which is likely to worsen the squeeze on profits at power suppliers. The richest coastal…
World’s 500 richest people surpass US$10 trillion in wealth in 2024
THE world’s 500 richest people got vastly richer in 2024, with Elon Musk, Mark Zuckerberg and Jensen Huang leading the group of billionaires to a new milestone: A combined US$10 trillion…
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…
China’s richest man berates PDD, ByteDance for months of misery
CHINA’S richest man lashed out at two of the country’s biggest tech giants for fanning online vitriol targeting him earlier this year and instigating a price war that wiped out tens of…
Jeff Bezos Sells $3 Billion in Amazon Shares, Becomes World's Second Richest Person as Net Worth Soars to $222 Billion
Amazon founder Jeff Bezos has sold over $3 billion in Amazon shares this week, according to a regulatory filing disclosed on Friday. This brings his total Amazon stock sales for 2024 to…
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.…
Lawmakers in Nigeria try to resolve rift between authorities and Africa's richest man
ABUJA, Nigeria (AP) — Nigerian legislators on Monday began an investigation into the alleged importation of contaminated fuel into the country, part of efforts to resolve issues causing a…