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Tag: Billionaire
Who Is Gautam Adani? The Indian Billionaire Briefly Became The World’s No. 2 Wealthiest Person And Ranks Above Bezos And Gates
Topline Indian billionaire Gautam Adani briefly became the second-richest person in the world Friday, trailing only Elon Musk, and the relatively unknown infrastructure and energy mogul is now wealthi...
Bezos Loses Title of World’s Second Richest Man to Indian Billionaire
It was to be expected. Jeff Bezos has lost the title of second richest man in the world behind Elon Musk, electric-vehicle leader Tesla’s (TSLA) chief executive. The founder and executive ch...
Indian Billionaire Gautam Adani Scales New Heights To Become The World’s Second-Richest Person
Adani Group Chairman Gautam Adani. AP Photo/Aijaz Rahi Adani Group chairman Gautam Adani surpassed LVMH chairman and CEO Bernard Arnault Friday and is now the world’s second-richest person with ...
Consortium Backed By Billionaire Lucio Tan’s MacroAsia Wins $11 Billion Philippine Airport Project
Travelers wearing face masks queue at immigration counters upon arriving at Ninoy Aquino … [+] International Airport on March 10, 2020 in Manila, Philippines. Ezra Acayan/Getty Images A consorti...
What’s Eating Kanye West? Leaving Adidas Would Drop The Volatile Superstar From Billionaire Status
Kanye “Ye” West has beefs with many: Gap, Adidas, and us here at Forbes, to name a few. Photo by Gotham/GC Images When Forbes determined that Kanye West had a net worth of $1 billion two y...
Billionaire Lululemon Founder Pledges $75.8 Million To Protect Canada’s Wilderness
Topline Chip Wilson, the billionaire founder of athleisure giant Lululemon Athletica, announced Thursday he and his wife, Summer, have pledged $75.8 million—a bit less than 2% of his net worth—toward ...
Crypto’s Wealthiest Billionaire Warns Aftermath of Ethereum (ETH) Merge Will Likely Disappoint on One Front
The chief executive of the world’s largest crypto exchange platform by volume is warning investors that Ethereum’s (ETH) transition to proof-of-stake will likely dash their expectations in one way. In...
Billionaire Jeffrey Gundlach Says He Wouldn’t Buy Dip in Crypto Now, Here’s Reason
Tomiwabold Olajide Bitcoin rose to one-month high of $22,800 on Tuesday morning before dropping Billionaire investor and DoubleLine Capital CEO Jeffrey Gundlach says he would certainly not buy cryptoc...
Malaysian Billionaire Lim Kok Thay Makes Long-Shot Bid For Macau Casino License: Analysts
Casino Lisboa is reflected in the pool of the Wynn Casino & Hotel in Macau. Rick Friedman/Corbis via Getty Images Lim Kok Thay is facing an uphill battle in his bid to win a casino license in Maca...
Indian Billionaire Gautam Adani Briefly Becomes The World’s Third-Richest Person
Gautam Shantilal Adani, founder and chairman of the Adani Group, attends a wedding reception on February 1, 2020 in New Delhi, India. Manoj Verma/Hindustan Times via Getty Images Gautam Adani was the ...
Why This Crypto Billionaire Has Entered The Race To Build Space Habitats
From cryptocurrency to space. That’s how technology evolves these days. And this billionaire is surely not just taking a shot at the moon. The co-founder of Ripple is currently recruiting a team of en...
Billionaire Anil Agarwal’s Vedanta, iPhone Assembler Foxconn To Build $20 Billion Semiconductor And Display Plants In India
Anil Agarwal Sanjeev Verma/Hindustan Times via Getty Images Indian natural resources conglomerate Vedanta and Taiwanese manufacturing giant Foxconn will jointly invest 1.54 trillion rupees (about $20 ...
Billionaire Kwek Leng Beng’s CDL Replenishes Landbank As Singapore Defies Global Property Downturn
View of city skyline w. skyscrapers. Serge Attal/Getty Images City Developments Ltd. (CDL)—controlled by billionaire Kwek Leng Beng—has submitted the highest bid for a residential site in the western ...
Lugano: a new billionaire backing Bitcoin
Kjell Inge Rokke, a Norwegian billionaire, has moved to Lugano and revealed that he is extremely supportive of Bitcoin. Rokke, the new billionaire who moved to Lugano supports Bitcoin Aker ASA, the o...
Zara Billionaire Ortega Bets $700 Million on US Warehouses
(Bloomberg) — Zara founder Amancio Ortega has spent over $700 million in recent weeks on a series of logistics acquisitions in what’s shaping up to be one of the biggest bets yet by the Spanish ...
‘I’m An Aggressive Buyer’ Of Income Real Estate, Billionaire Says, Anticipating ‘A Lot’ Of Inventory This Year
If you own a home or have been interested in buying one, you are aware of the sizeable U.S. residential real estate downturn. Sales numbers are dropping to their lowest rates since 2020, but interest ...
S&P 500: 15 Stocks Billionaire Investors Agree It’s Smart To Buy Now
Big “smart money” investors are famous for breaking rank from the S&P 500 investing crowd. So when you see a few actually agreeing on a stock, it’s worth paying attention. X Only...
Billionaire value investor looks to farming and aerospace for investments
Finding value plays in a market plagued by inflation, rising commodity prices, and fears of a recession is difficult, to say the least. Due to the Federal Reserve (Fed) raising interest rates, various...
Billionaire Sarath Ratanavadi’s Gulf Energy Makes Maiden Investment In U.S. Electricity Market
Sarath Ratanavadi, founder and CEO of Gulf Energy. Courtesy of Sarath Ratanavadi Gulf Energy—controlled by billionaire Sarath Ratanavadi—has agreed to buy a 49% stake in a U.S. power plant from Japan’...
Jessica Pegula, Daughter Of Billionaire Buffalo Bills Owner, Heads To U.S. Open Quarter Finals
Topline Jessica Pegula, the top-ranked American tennis player competing at the U.S. Open and the daughter of oil and gas billionaire Terrence Pegula, will compete in the women’s singles quarter finals...
Billionaire Bill Ackman Says Stick to High Quality Stocks; Here Are 2 Names He Likes
There has been no respite for the markets since Fed Chair Jerome Powell took to the podium at Jackson Hole and suggested the central bank will do whatever it needs to do in order to tame inflation, an...
Billionaire Power Couple Steps Down From Leadership At Soho China
Zhang Xin, right, speaks as Pan Shiyi looks on during a news conference in Hong Kong in 2016. … [+] Photographer: Anthony Kwan/Bloomberg © 2016 Bloomberg Finance LP Soho China, one of China’s la...
China Billionaire Guo Guangchang’s Flagship Fosun Int’l Plunges To Nine-Year Low As Tourism Stake Cut
China billionaire Guo Guangchang’s Fosun International controls money-losing Fosun Tourism, the … [+] owner of Club Med and other luxury tourism brands. (Photo by Chesnot/Getty Images) Get...
Billionaire David Rubenstein Bullish on Crypto, Optimistic About Regulation – Coinotizia
Billionaire David Rubenstein, Carlyle Group’s founder, believes that U.S. lawmakers will not push to regulate the crypto industry unduly. Noting that he is bullish on crypto, the billionaire investor ...
Billionaire David Rubenstein Bullish on Crypto, Optimistic About Regulation – Markets and Prices Bitcoin News
Billionaire David Rubenstein, Carlyle Group’s founder, believes that U.S. lawmakers will not push to regulate the crypto industry unduly. Noting that he is bullish on crypto, the billionaire investor ...