Billionaires

Who is Luana Lopes Lara? Meet the 29-year-old self-made woman billionaire

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

Musk's trillion-dollar temptation: Tesla faces a high-stakes shareholder vote

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

Zuckerberg slips to fifth on rich list as Meta shares plunge on AI plan

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

Musk regains world's richest title after briefly losing it to Larry Ellison

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

China heiress Zong's fight with half-siblings sparks succession debate

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

'Kisses yes, Bezos no': Protests erupt in Venice over Bezos wedding bash

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 ..

Indian family businesses trust heirs but succession trends are shifting

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

Billionaires Ackman, Druckenmiller call Trump tariffs a 'mistake'

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

New wealth in making: Trump's billionaires take the great leap forward

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

Billionaires at Trump's inauguration hold wealth equal to 1/3 India's GDP

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

India's billionaire promoters' club surpasses 200 members in 2024

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

N Chandrababu Naidu richest, Mamata Banerjee poorest among 31 CMs: ADR

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

Carlos Slim invested $1 billion in 2024 to supercharge crude oil bets

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

Farewell to the titans: Remembering industry leaders we lost in 2024

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

UK govt approves $4.6 bn takeover of Royal Mail by Czech billionaire

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

Wealth of global billionaires surges by 17% due to US gain: Swiss Bank UBS

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

World's richest lose $134 billion in stock slump, led by Amazon's Bezos

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

Billionaire battle heats up as Adani challenges Birla in cement space

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

G20 to back progressive taxation, without endorsing 'billionaire tax'

A broader G20 joint communique is expected on Friday, when finance ministers and central bankers conclude this week's meetings in Rio de Janeiro

Freezing for the future: US billionaires bet on cryonics for eternal life

As of now, 5,500 individuals have planned for cryogenic preservation, and 500 bodies are currently in storage