Billionaires

As the rich and powerful from across the world start filling snow-clad lanes here, a new study said billionaires are 4,000 times more likely to hold any political office than ordinary people, and their wealth jumped three times faster in 2025 than the past-five-year average to a record high of USD 18.3 trillion. In Indian currency, it translates to more than Rs 1,660 lakh crore. Hours before the 56th World Economic Forum Annual Meeting 2026 begins in this Swiss ski resort town, rights group Oxfam International released its own annual inequality report to highlight that the ever-deepening wealth divide was also sparking dangerous political inequality. The meeting is being attended by over 3,000 global leaders, including more than 60 heads of state or government, as part of an over 400-strong political leadership presence in this small town in the Alps. Oxfam International said the billionaire wealth jumped by over 16 per cent in 2025, while it has increased by 81 per cent since ...

Forbes' Real-Time Billionaires tracker showed Elon Musk's net worth climbing past $684 bn, a milestone no one has previously reached, after reports said SpaceX was preparing for a public listing

The Kalshi cofounder's $11 bn leap shows how discipline and tech ambition shaped her meteoric rise.

As Musk seeks unprecedented control over Tesla, a shareholder vote will decide whether vision trumps checks and balances

Meta's stock fell 11%, the most since 2022, after it said to issue the biggest investment-grade bond offering of the year to boost spending on AI research, dropping Zuckerberg's net worth

Elon Musk first became the world's richest person in 2021, briefly lost the spot to Amazon founder Jeff Bezos and LVMH chairman Bernard Arnault, then reclaimed the title last year

In a Hong Kong court, Kelly Zong was asked to help set up 3 trusts worth $2.1 billion for people who identify as her "half brothers and sister" following what they say were her father's directives

Hundreds of protesters marched through Venice's central streets Saturday to say No to billionaire Jeff Bezos, his bride and their much-awaited wedding extravaganza, which reached its third and final day amid celebrity-crowded parties and the outcries of tired residents. On Friday, the world's fourth-richest man and his bride Lauren Sanchez Bezos tied the knot during a private ceremony with around 200 celebrity guests on the secluded island of San Giorgio. The wedding, however, angered many Venetians, with some activists protesting it as an exploitation of the city by the billionaire Bezos, while ordinary residents suffer from overtourism, high housing costs and the constant threat of climate-induced flooding. As the two newlyweds prepared for the final party Saturday evening, hundreds of Venetians and protesters from across Italy filled Venice's tiny streets with colourful banners reading Kisses Yes, Bezos No and No Bezos, no War". The demonstration contrasted with the expensive ..

HSBC report finds 88 per cent of Indian entrepreneurs trust next-gen with wealth, but few heirs feel obligated to join family businesses as legacy meets modernity

The widening criticism - including from Trump ally Ackman - came as Trump offered no indication he was prepared to claw back a punishing trade overhaul set to begin on April 9

Trump said Saudi Arabia's Crown Prince Mohammed Bin Salman can "round out" the $600 billion he had promised in additional investments and trade with the US in the coming four years to- $1 trillion

World's richest men: Elon Musk, Mark Zuckerberg, Jeff Bezos, Mukesh Ambani, and Bernard Arnault all attended various inauguration events

Their combined wealth went past $1 trillion for the first time and reached an all-time high of $1,023.9 billion at the end of December

Andhra Pradesh's N Chandrababu Naidu with total assets worth Rs 931.83 crore, Arunachal Pradesh's Pema Khandu with total assets worth Rs 332.56 crore

Slim now owns 24.2 per cent of Talos, prompting the board in October to introduce a poison pill to prevent him from acquiring more than a quarter of the stock

From Japan's "100-yen shop" creator to India's architect of modern banking, we remember the industry titans who bid farewell to this world this year

Britain's government gave the go-ahead Monday for the sale of Royal Mail's parent company to a Czech billionaire, paving the way for the postal service to pass into foreign ownership for the first time in its 500-year history. Authorities confirmed Monday that the 3.6 billion-pound (USD 4.6 billion) takeover of Royal Mail's owner, International Distribution Services, by billionaire Daniel Kretinsky's EP Group, can go ahead. Kretinsky and IDS agreed to the deal in May but had been waiting for official approval under national security laws because of the importance of the postal service in the UK. The service will remain headquartered in the UK and as part of the deal, Britain's government will retain a so-called golden share in the service, meaning it will need to approve any key changes to Royal Mail's ownership, headquarters location and tax residency. The takeover is expected to be completed early in 2025. Royal Mail, one of the UK's oldest institutions, began in the 1500s as a

The UBS Billionaire Ambitions Report for 2024 said the total number of billionaires had risen to 2,682 from 2,544 a year earlier, and their worth to $14 trillion from $12 trillion

His wealth also derives from space-exploration company Blue Origin and the Washington Post

The clash of titans is likely to intensify as the deep-pocketed tycoons seek to dominate supplies of a building material that is critical to sustaining India's infrastructure boom