Billionaires News

News

An Activist Investor Could Green Japan for $700 Million

Australian billionaire Mike Cannon-Brookes should put his money toward something that would really tackle Asia’s fossil-fuel dependency.

4 min read28 Aug 2024
News

Temu Owner’s Founder Loses Spot as China’s Richest Person After 18 Days

Colin Huang’s reign as China’s richest person only lasted about two weeks.

2 min read27 Aug 2024
News

Ackman, Griffin, Koch to Host Hamptons Events for Milken Set

A coterie of billionaires will open up their Hamptons homes to their peers as part of a Milken Institute event that begins Thursday.

2 min read23 Aug 2024
News

G-20 Excludes Brazil’s Billionaire Tax From Draft Communique

The world’s leading finance chiefs are set to shelve Brazil’s controversial plan to create a global tax on billionaires, including only a vague mention of the idea in a draft communique from this week’s meeting in Rio de Janeiro.

1 min read26 Jul 2024
Companies

Twitter is now worth just one-third of Elon Musk’s purchase price: Fidelity Report

Fidelity has marked down the value of its equity stake in Twitter, stating that the social media platform is now worth just one-third of what Elon Musk paid for it

1 min read31 May 2023
Specials

Jeffrey Epstein Appeared to Threaten Bill Gates Over Microsoft Co-Founder’s Affair With Russian Bridge Player

The disgraced financier was trying to set up a philanthropic fund that he hoped would include the billionaire as an anchor donor

8 min read22 May 2023
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News

Radhakishan Damani another Indian billionaire losing most wealth this year after Adani, Ambani

Radhakishan Damani’s net worth stands at $16.7 billion, as of 24 February 2023

1 min read24 Feb 2023
Markets

Hurun Rich List 2022: India’s richest promoters saw their wealth multiply faster than their retail shareholders

The unprecedented rise in Adani Group stocks made its founder, Gautam Adani, one of the richest man in India with a wealth of Rs. 10,94,400 crore. Adani’s wealth more than doubled in the last year, adding Rs 5,88,500 crore.

3 min read25 Sep 2022

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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