Tag:

Billionaire

Jio of billionaire Ambani unveils possible record Indian share sale

Jio Platforms, the telecom arm of Reliance Industries led by billionaire Mukesh Ambani, has announced a planned share sale that analysts say could rank among the largest in India.

19 Jun 2026-14:55
Billionaire Ricardo Salinas keeps 70% of liquid wealth in Bitcoin

Mexican billionaire Ricardo Salinas has revealed that Bitcoin remains his absolute preferred financial asset, driven by a firm belief that fiat currencies are being globally debased. The Grupo Salinas chairman explained that his strategy is simple: "As soon as I get my hands on some fiat, I turn it into Bitcoin."

18 Jun 2026-21:50
LinkedIn co-founder Reid Hoffman to step down from Microsoft's board

Reid Hoffman, billionaire co-founder of networking website LinkedIn, has decided not to stand for re-election to ‌Microsoft's (MSFT.O), opens new tab board of directors at its 2026 annual shareholder meeting, the software giant said in a filing on Friday.

05 Jun 2026-21:31
SpaceX-Tesla merger may be too big to stop

What better way to follow up the biggest initial public offering in history than with the biggest M&A deal? As rocket-maker SpaceX soars towards a listing that could value it at $1.75 trillion, a tie-up with ‌the rest of founder Elon Musk’s empire is increasingly conceivable. The billionaire has a history of buying his own firms, and the two companies’ ambitions overlap.

04 Jun 2026-16:23
How did TikTok billionaire Zhang Yiming overtake Mukesh Ambani as Asia’s No. 2 richest person?

The rise of Chinese technology entrepreneur Zhang Yiming to become Asia’s second-richest person marks one of the most significant wealth shifts in the global business landscape.

04 Jun 2026-15:15
Beyoncé net worth: How she officially became a billionaire

Beyoncé has officially entered her billionaire era, securing a spot in one of the world's most exclusive financial clubs.

18 May 2026-17:10
Why is the U.S. Justice Department considering dropping charges against Indian billionaire Gautam Adani?

The U.S. Justice Department is reportedly close to abandoning criminal fraud charges against Indian billionaire Gautam Adani, marking a potentially dramatic reversal in one of the most closely watched international corporate corruption cases in recent years.

15 May 2026-06:51
Expensive divorce: Billionaire John Paulson, ex-wife Jenny settle divorce

Billionaire hedge fund manager John Paulson and his ex-wife Jenny Paulson have reached a settlement in their long-running divorce dispute, bringing an end to a years-long and closely watched legal battle.

07 May 2026-11:25
Russian billionaire stripped of most assets

A Moscow court has upheld an anti corruption lawsuit filed by Russia’s Prosecutor General against Vadim Moshkovich, the founder of agricultural giant Rusagro, and members of his family.

06 May 2026-06:20
Musk-OpenAI trial continues into its second week

After billionaire Elon Musk's high-profile testimony last week, one of OpenAI's co-founders is set to testify on Monday in the California lawsuit filed by Musk against the creators of ChatGPT.

04 May 2026-18:53