Billionaire

Lenskart is planning to list as early as next month in Mumbai, targeting a stock debut that would value the company at $9 billion, based on the IPO size

The shares of Tesla saw rose by nearly 4 per cent and added an estimated $9.3 billion to Musk's fortune as investors continued to cheer the prospects of a more focused Musk

Elon Musk's net worth has rebounded to around $430 billion after a rocky year of political controversies, Tesla stock swings, and a public falling-out with US President Donald Trump

According to an internal email sent by Elon Musk to employees, X is 'barely breaking even,' citing stagnant user growth and underwhelming revenue

Billionaire wealth across the globe surged by USD 2 trillion in 2024 to USD 15 trillion at a rate three times faster than the previous year, a study showed on Monday here as the richest of the world began to assemble for their annual jamboree in this ski resort town. In its flagship inequity report released every year on the first day of the World Economic Forum Annual Meeting, Oxfam International contrasted the huge jump in the billionaire wealth with the number of people living in poverty barely having changed since 1990. Wealth of billionaires in Asia increased by USD 299 billion in 2024, Oxfam said while predicting that there will be at least five trillionaires within a decade from now. The year 2024 saw 204 new billionaires getting minted -- an average of nearly four every week. Asia itself got 41 new billionaires in the year. In its report titled 'Takers, not Makers', Oxfam said the richest 1 per cent in the Global North extracted USD 30 million an hour from the Global South

Saluja is one of the four entrepreneurs in the renewable energy space whose personal fortunes have soared after their companies listed on the stock exchanges last year

The super-rich increasingly hold more of the national income; their wealth has grown by 263% to $905.6 bn in a decade

Hailed as Malaysia's communication titan, Anand Krishnan was Malaysia's third-richest person, with a net worth exceeding Rs 40,000 crore (over $5 billion)

The Essar Group is currently led by his younger brother Ravi and his sons Prashant and Anshuman

With the listing of the group's solar cell manufacturing arm Waaree Energies Ltd. on Monday in Mumbai, Doshi and his family have joined the ranks of the world's richest people

Exit taxes are rarely big revenue raisers, especially as they often take the form of a levy on future capital gains if and when assets are sold

Former US President Donald Trump owns more than $1 million worth of cryptocurrency and up to $250,000 in gold bars along with the portfolio of golf courses and real estate properties that have made him a billionaire, according to newly released financial disclosures. The details come from documents filed by Trump as part of his Republican presidential bid that were released Thursday night. The more than 200 pages of paperwork give a limited picture of the real estate developer-turned reality TV star-turned-president's money and investments. In accordance with federal law, most assets' values are listed in a range, though Trump reports the precise figure for some of his income. The document does not detail the former president's business losses, making it impossible to determine how much of a profit any of his myriad holdings provides. But it provides a glimpse at Trump's vast wealth and some new details about the unusual ways he makes money. UNUSUAL INVESTMENTS AND SOURCES OF ...

The semi-autonomous Chinese territory is trying to regain its stature as a global financial hub following years of draconian Covid-19 restrictions and a sweeping crackdown against political dissent

Huang has mainly stayed out of the limelight after he stepped down as PDD's chief executive in 2020

The project will involve a 'state-of-the-art advanced materials site' on 35 acres in Beaumont, Texas

Peugeot Invest, controlled by the French clan and headed by eighth-generation scion Robert Peugeot, 74, is likely to face a group of disgruntled minority investors at an annual meeting on Friday

For his own investors at Trian, Peltz is delivering what they care about most - returns

The Indian mogul has regained much of his wealth after a short-seller attack sent it plunging in early 2023. On Wednesday, Adani's net worth climbed $2.7 billion to $100.7 billion

When the package was proposed in early 2018, the goals seemed like moonshots. The top threshold in each category required Tesla to grow by more than 11-fold

The group is facing an acute liquidity crunch. Amid mass layoffs and deep losses, the former billionaire founder has sold his homes to pay salaries