Billionaires News
A billionaire’s son and first-time novelist satirizes his own people
In an age of fiction about the wealthy, Daniel Breyer, son of billionaire Breyer Capital founder and CEO Jim Breyer, has written his own take.
4 min read6 Apr 2025It was a rough quarter for billionaires: 8 of the world’s richest people lost money, too
Among the top 10 richest people in the world, only Bill Gates and Warren Buffett added to their fortunes in this period, according to the Bloomberg Billionaires Index.
2 min read3 Apr 2025Equity analysis: India’s billionaire boom isn’t a sign of a hunky-dory economy
The country is an outlier when assessed by the growth in its count of billionaires. This reflects deep structural problems and raises questions about an economic model that has yielded little shared prosperity.
4 min read26 Mar 2025World's Richest 2024: Mukesh Ambani, Gautam Adani out of Bloomberg $100 billion club amid business challenges
World's Richest 2024: India's richest people Mukesh Ambani and Gautam Adani have both dropped out of Bloomberg's $100 billion club amid business challenges. While Ambani's Reliance faces slowing growth and rising debt concerns, Adani contends with a US probe impacting his empire.
1 min read16 Dec 2024Hurun Rich List: ByteDance's Zhang Yiming tops China list with $43.9bn wealth… how does he compare to Mukesh Ambani?
Hurun Rich List: ByteDance's Zhang Yiming tops the China 2024 list with $43.9 billion in wealth, followed by Ningfu Spring's Zhong Shanshan. But how do they compare to Mukesh Ambani? And how does the overall billionaire scenario look between India and China? Take a look.
2 min read30 Oct 2024An 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 2024Temu 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 2024Ackman, 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 2024G-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 2024Twitter 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 2023Popular Topics
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