Bloomberg News


Billionaires Add $852 Billion In Net Wealth In 2023; Elon, Zuckerberg Top The List

World’s super-rich, got richer. In the first half of 2023, world’s 500 richest billionaires added almost a trillion dollars to their wealth, $852 billion to be precise. For perspective - that’s roughly 1/4th of India’s annual GDP. Or the entire annual GDP of Turkiye or the Netherlands. Each member of the Bloomberg Billionaires Index made a whopping $14 million per day on average for the last six months. Watch the full video for more details.

4 Jul 2023

SoftBank’s Vision Fund: Navigating through Challenges | Mint Primer | Mint

Discover the story of SoftBank’s Vision Fund as it faces challenges and charts a path towards the future. Explore the impact of layoffs, market fluctuations, and the company’s commitment to investing in cutting-edge technologies. Join us for an inside look at this tech investment giant.

27 Jun 2023

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

How Gautam Adani Made It Back To World’s Top 20 Richest List

Riding on the wave of a spectacular rise in Adani Group companies’ shares since the Supreme Court appointed committee submitted its report, billionaire Gautam Adani, the chairman of the Adani Group, has once again risen to the top 20 richest people in the world. Adani currently holds the 18th position in the Bloomberg Billionaires’ Index with a net worth of $64.2 billion.

25 May 2023

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

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

Indian billionaire seeks hedge funds to rescue half-built homes

Piramal Enterprises Ltd. is seeking new investors including hedge funds to help raise cash and fund working capital for the real estate projects it lends to so they don’t languish half built.

1 min read14 Jul 2020

Stocks in Asia trade mixed; Treasuries hold gains

Japanese shares fluctuated at the open, while equities in South Korea and Australia dipped.

1 min read20 May 2020

Dairy shares surge as India drinks more milk to improve immunity during lockdown

Heritage Foods Ltd. and Parag Milk Foods Ltd. are almost doubling in market value as sales of packaged milk pick up pace with Indians stocking up to survive the world’s biggest lockdown.

1 min read21 Apr 2020

Michael Bloomberg drops out, backs Joe Biden in Democratic presidential race

Endorsing Biden, Bloomberg said, ’I will work to make him the next president of the United States’Bloomberg earned his estimated $60 billion fortune by founding Bloomberg News, a leading purveyor of financial information for Wall Street firms

3 min read4 Mar 2020
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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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