- Philanthropist Sudha Reddy, wife of billionaire Megha Krishna Reddy, was the only Indian at Met Gala 2021 and made her red carpet debut in a Falguni Shane Peacock gown that was inspired by the American flag and a ‘masterpiece of Indian craftsmanship’
Updated on Sep 14, 2021 07:57 PM IST
By Zarafshan Shiraz, Delhi
- Rihanna, who is now officially a billionaire with a net worth of $1.7 billion and the wealthiest female musician in the world, had a humble response to her achievement.
Published on Aug 06, 2021 09:03 PM IST
- Eli Broad passed away at 87 after a long illness. The billionaire contemporary art collector reshaped Los Angeles’ once moribund downtown into a burgeoning area of expensive lofts, fancy dining establishments and civic structures like the landmark Walt Disney Concert Hall
Updated on May 03, 2021 09:51 AM IST
Ant Group was also under heavy scrutiny by the Chinese government after Jack Ma’s speech that criticised the regulation system of the country and called the banks “pawnshops”.
Updated on Jan 04, 2021 07:56 PM IST
Hindustan Times, New Delhi | By hindustantimes.com | Edited by Deepali Sharma
Malaysia, a country that produces about 65% of the world’s supply for rubber gloves, now counts at least four billionaires whose fortunes were made in the industry.
Published on Jun 16, 2020 08:51 AM IST
By Bloomberg | Posted by: Shankhyaneel Sarkar
Du Weimin, the chairman of Shenzhen Kangtai Biological Products Co., transferred 161.3 million shares of the vaccine maker to his ex-wife, Yuan Liping, according to a May 29 filing, immediately catapulting her into the ranks of the world’s richest.
Updated on Jun 02, 2020 12:47 PM IST
By Bloomberg | Posted by Prashasti Singh
The total wealth of the top 20 billionaires has doubled from $672 billion to $1,397 billion since 2012, according to Bloomberg Wealth.
Updated on Jan 20, 2020 08:57 AM IST
Applications to become Japanese billionaire Yusaku Maezawa’s girlfriend have topped 20,000, streaming service AbemaTV said on Thursday, ahead of its documentary on his search for a “life partner” to take on his moon voyage.
Updated on Jan 16, 2020 03:32 PM IST
Reuters | By HT Correspondent, Tokyo
Yusaku Maezawa is a Japanese fashion tycoon who is going to give away $9 million.
Published on Jan 09, 2020 06:23 PM IST
Tokyo | By Reuters
The American beauty group controlled by Germany’s billionaire Reimann family has agreed to pay $600 million for a majority stake in the cosmetics brand founded by Kylie Jenner, the youngest member of the Kardashian-Jenner clan.
Updated on Nov 20, 2019 11:22 AM IST
Bloomberg | By Andrea Felsted
Since the accession in 2015 of his father, King Salman, Prince Mohammed bin Salman has spearheaded the most radical liberalization the nation has seen under a plan called “Vision 2030” to diversify the economy, slash unemployment and reduce the reliance on oil.
Updated on Aug 11, 2019 08:53 PM IST
Bloomberg | By Devon Pendleton
Byju Raveendran joined the rarefied club after his Think & Learn Pvt scored $150 million in funding earlier this month.
Updated on Jul 29, 2019 10:31 AM IST
Bloomberg | By Saritha Rai
Perot recorded the highest percentage for an independent or third-party candidate since President Theodore Roosevelt’s second-place showing in 1912.
Published on Jul 10, 2019 08:03 PM IST
Dallas | By Associated Press
“A true American patriot and a man of rare vision, principle and deep compassion, he touched the lives of countless people through his unwavering support of the military and veterans and through his charitable endeavors,” the family said in a statement.
Updated on Jul 10, 2019 07:53 PM IST
Washington | By Agence France-Presse
While old business clans continue to dominate India’s rich lists, a tenfold expansion in its economy since its opening in the 1990s has spawned new tycoons in fields like technology.
Updated on May 13, 2019 03:20 PM IST
Bloomberg | By PR Sanjai and Saritha Rai
Transformed at a reported cost of 75 million pounds, the hotel located close to Trafalgar Square has over 150 rooms, some converted from what were previously cells where criminals were incarcerated.
Updated on Mar 23, 2019 07:34 PM IST
Hindustan Times, London | By Prasun Sonwalkar
The number of Asian billionaires will rise by 27 percent to 1,003 between 2018 and 2023, making up more than a third of the world’s total billionaire population of 2,696, according to a report released Wednesday by Knight Frank LLP.
Updated on Mar 06, 2019 12:13 PM IST
Hong Kong | By Bloomberg
Michelle Li, the 23-year-old granddaughter of Li Ka-shing, Hong Kong’s richest person, has joined him, her father and uncle on the board of Chesterfield Realty Inc., a family-controlled unit of CK Hutchison Holdings.
Updated on Jan 30, 2019 09:30 AM IST
Bloomberg | By Frederik Balfour and Blake Schmidt
John Kapoor, 75, is accused of masterminding illegal marketing tactics that contributed to an epidemic of addiction and death.
Updated on Jan 28, 2019 04:54 PM IST
Bloomberg | By Jef Feeley, Riley Griffin and Janelle Lawrence
Globally, billionaires’ fortunes rose by 12 per cent or USD 2.5 billion a day in 2018, whereas the poorest half of the world’s population saw their wealth decline by 11 per cent, the international rights group said in its annual study released before the start of the five-day World Economic Forum.
Updated on Jan 21, 2019 09:35 AM IST
Davos | By Press Trust of India
The founder of Japan’s second-largest online shopping site Zozo Inc. tweeted that he will be paying out a total of 100 million yen to 100 lucky people who shared his tweet.
Updated on Jan 07, 2019 11:04 PM IST
Bloomberg | By Pavel Alpeyev
Billionaire Mohammed Al Amoudi, is ‘still alive’ and will stand trial at some point for corruption and bribery, according to a Saudi official, who asked not to be identified.
Updated on Dec 14, 2018 12:49 PM IST
Bloomberg | By Devon Pendleton
Tally Fofana, 39, is just one of the unconventional rookie entrepreneurs Xavier Niel, the founder of phone company Iliad SA, has made a habit of supporting. People who, in fact, are a lot like Niel himself when he first started out.
Updated on Nov 30, 2018 08:54 PM IST
Dozens of stories of victims of a money laundering scheme in recent weeks have filled newspapers in Pakistan and riled a populace long accustomed to extravagant tales of corruption and theft.
Updated on Oct 28, 2018 06:27 PM IST
Agence France-Presse | By Agence France-Presse
It’s an evaporation of wealth so big it would have left quite a few multi-billionaires without a cent to their name
Updated on Jul 26, 2018 12:18 PM IST
Bloomberg | By Divya Balji
There are many odd asks demanded by the world’s richest honeymooners, like meeting Vladimir Putin or sleeping in King Louis XIV’s bed.
Updated on Jul 04, 2018 02:14 PM IST
Bloomberg | By Brandon Presser, Bloomberg
The RBI in February whittled down bad-debt resolution methods to one: if banks fail to fix a sour loan within 180 days, it will be referred to the bankruptcy court.
Updated on Mar 21, 2018 11:43 AM IST
Bhuma Shrivastava and Shruti Srivastava, Bloomberg | By HT Correspondent
Nirmal Jain’s IIFL Holdings Ltd. more than doubled in the past 12 months, a surge that pushed his net worth to $1 billion for the first time this week.
Updated on Mar 16, 2018 12:00 PM IST
Bloomberg | By Blake Schmidt