Xiao and Tomorrow Holdings were charged with illegally siphoning away public deposits, betraying the use of entrusted property, and the illegal use of funds and bribery
Shares of the microblogging site rose 3.5% to $44.35 in premarket trading, but were still trading significantly below Musk's offer price of $54.20 per share
Raised in a Milan orphanage, Del Vecchio struck out from the northern city to set up shop in the town of Agordo, in the Alps north of Venice, starting off as a small supplier of frame parts
Iconic brands like Ray-Ban and Oakley were among the scores of targets Del Vecchio snapped up on his way to the top
Written by journalist-author RN Bhaskar, "Gautam Adani: The Man Who Changed India", claims to bring to light, for the first time, the unknown aspects of one of the richest men in the world
Al Futtaim's inheritance was left unresolved when the octogenarian died in December. While the villa was intended as a residence for him and his third wife
Billionaire Mukesh Ambani has no plans to relocate or reside in London or anywhere else in the world, his flagship firm Reliance Industries Ltd said on Friday
Reclusive investor and billionaire Radhakishan Damani who owns retail chain DMart is now among the 100 richest people in the world
Jeff Bezos blasted into space Tuesday on his rocket company's first flight with people on board, becoming the second billionaire in just over a week to ride his own spacecraft.
The American billionaire is due to fly on an 11-minute voyage to the edge of space
Shares of Virgin Galactic Holdings Inc. jumped as much as 22% in premarket U.S. trading on Monday, just above an all-time peak reached in February.
"Our goal is you'll be driving down the highway and the trucks you see will have Hyliion powertrains," says Thomas Healy
His net worth is based chiefly on the value of his office and commercial property holdings, minus debts that were already known
Shenzhen Mindray Bio-Medical Electronics shares have climbed 41 per cent, fueled by a surge in demand for the life-saving devices
Perot was a natural salesman who made a fortune in computer services but he was an unlikely and unconventional politician
The chopper was on its way to Fort Lauderdale from the Bahamas when the mishap occurred
The Koch brothers, David and Charles, are each worth either $43 bn or $55 bn