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          Billionaires

          News on the world's wealthiest individuals - businesses, investments, philanthropy and global influence

          OpenAI chief executive Sam Altman co-founded the start-up in 2015 with Tesla chief executive and X owner Elon Musk, billionaire venture capitalist Peter Thiel and LinkedIn co-founder Reid Hoffman. Reuters

          Billionaires: OpenAI considers giving Sam Altman 7% equity stake

          MoneySeptember 30, 2024
          Elon Musk, chief executive of SpaceX and Tesla, is mired in a bitter stand-off with Brazil’s top judge. Reuters

          Billionaires: Brazil withdraws $3.3m from Musk companies’ accounts

          MoneySeptember 16, 2024
          Gautam Adani, chairman of Adani Group, is laying down a succession plan and bringing professionals to manage his family offices. Bloomberg

          Billionaires: Gautam Adani set to hire global audit firm in family office revamp

          MoneyAugust 26, 2024
          The UAE offers a tax-free environment, with no personal income tax, capital gains tax or inheritance tax. Khushnum Bhandari / The National

          How UAE’s high-net-worth individuals can avoid tax and financial pitfalls

          MoneyAugust 21, 2024
          A successful fundraising deal would help Adani Enterprises recover confidence from global investors after US short-seller Hindenburg Research accused it of widespread fraud. Reuters

          Billionaires: Adani plans to raise $1.2bn for flagship company in share sale

          MoneyAugust 12, 2024
          Elon Musk set up xAI in early 2023, months after OpenAI ushered in the AI boom with the launch of ChatGPT. AP

          Billionaires: Elon Musk’s poll shows majority favour Tesla investing $5bn in AI start-up

          MoneyJuly 29, 2024
          Bernard Arnault, Jeff Bezos and Elon Musk. The richest one per cent of humanity continues to fill their pockets while the rest are left to scrap for crumbs, according to Oxfam International. AFP/ Reuters

          World's richest 1% collected over $40 trillion in new wealth over past decade, Oxfam says

          MoneyJuly 27, 2024
          A longer repayment period will potentially help Mukesh Ambani’s conglomerate to improve its cost competitiveness. Reuters

          Billionaires: Mukesh Ambani’s Reliance Industries unit plans $500m offshore loan

          MoneyJuly 15, 2024
          From customised gowns to opulent decor in five-star properties such as Four Seasons Dubai, high-profile weddings are not uncommon in the UAE. Photo: Couture Events Worldwide

          Behind the scenes at Ambani-style billionaire weddings

          LifestyleJuly 11, 2024
          Jay Z has a net worth estimated at $2 billion, derived from music sales and business investments. Reuters

          Celebrity Net Worth: Jay-Z invests in luxury watch marketplace Wristcheck

          MoneyJuly 08, 2024
          Kumar Mangalam Birla, chairman of Aditya Birla Group, is seeking to counter Adani Group’s buying spree amid an intensifying battle to dominate India’s cement sector. EPA

          Mangalam Birla buys $226m stake in India Cements to thwart Adani

          MoneyJuly 01, 2024
          Dubai ranked as the sixth most expensive city in the Europe, Middle East and Africa region for the super rich, Julius Baer report found. AP

          Dubai drops out of top 10 most expensive cities for ultra-wealthy

          MoneyJune 25, 2024
          Indian cricket team captain Rohit Sharma has a personal fortune estimated at $25 million, according to Celebrity Net Worth. AP

          Celebrity Net Worth: Rohit Sharma invests in Indian education start-up

          MoneyJune 24, 2024
          Jared Leto has a personal fortune estimated at $90 million, according to Celebrity Net Worth. AFP

          Celebrity Net Worth: Jared Leto invests in AI video start-up

          MoneyJune 10, 2024
          In March, following a meeting with Donald Trump in Florida, Elon Musk said he would not donate money to either Mr Trump or President Joe Biden. Reuters

          Billionaires: Musk may become adviser if Trump wins US election

          MoneyJune 03, 2024
          Virat Kohli reportedly has a net worth of $126 million. AFP

          Celebrity Net Worth: Virat Kohli profits from India’s IPO boom

          MoneyMay 27, 2024
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