Billionaire Kwek Leng Beng’s CDL Posts Record Profit On Hotel Rebound, Robust Home Sales

Kwek Leng Beng, chairman of City Developments Ltd., speaks during a news conference in Singapore, on … [+] August 11, 2017. Nicky Loh/Bloomberg City Developments Ltd. (CDL)—controlled by billion...

Private Equity Billionaire Jean Salata’s Wealth Jumps On Blockbuster $6.7 Billion Deal, Biggest Percentage Gainer Among Hong Kong Rich Listers

This story appears in the February/March 2023 issue of Forbes Asia. Subscribe to Forbes Asia Ore Huiying/Bloomberg This story is part of Forbes’ coverage of Hong Kong’s Richest 2023. See the full list...

Billionaire David Einhorn Loads Up on These 2 Stocks — Here’s Why They Could Bounce

Only a relatively small number of investors enjoyed 2022’s treacherous bear conditions, and one of those was David Einhorn. In contrast to the S&P 500’s 19% loss, Einhorn’s hedge fund Greenlight C...

Billionaire Texas Mogul Red McCombs—Onetime Spurs, Nuggets, Vikings Owner—Dies At 95

Topline Billionaire Red McCombs, the businessman best known for his Texas-centric philanthropic efforts and various sports investments, died Sunday at the age of 95, his family announced in a statemen...

Elusive Chinese Billionaire Jack Ma Spotted In Australia, Report Says

Topline Alibaba co-founder Jack Ma was recently seen in Australia, Bloomberg reported, in what appears to be a continuation of a quiet world tour for the elusive Chinese billionaire who has largely ke...

‘Rich Dad’ R. Kiyosaki responds to billionaire Charlie Munger’s call for Bitcoin ban

Robert Kiyosaki, a prominent investor and author of the best-selling personal finance book “Rich Dad, Poor Dad,” has shared his view after American billionaire Charlie Munger’s call for a ban on crypt...

Billionaire J.B. Pritzker Benefited From Tax Breaks, But He Doesn’t Think The Chicago Bears Should

Today, 11 members of the family are individually rich enough to be on Forbes’ billionaires list, including Illinois governor J.B. Pritzker. SAUL LOEB/AFP via Getty Images The Chicago Bears took one st...

Japan’s Newest Billionaire Masters The Science Of Turning Waste Into Wealth

Fumio Kaneko, cofounder and president of waste management company Daiei Kankyo. Last December, the … [+] company raised $315 million from an IPO in Tokyo Stock Exchange. COURTESY OF DAIEI KANKYO...

Billionaire Enrique Razon’s ICTSI Proposes Doubling Cargo Handling Capacity In Australia

Enrique K. Razon Jr., chairman and president of ICTSI. courtesy of Gio Panlillo for Forbes Asia Global port International Container Terminal Services Inc (ICTSI)—controlled by billionaire Enrique Razo...

Billionaire Ken Griffin Bets Big on These 2 High-Yield Dividend Stocks

While last year wasn’t a particularly good year for stock investors, at least one man closed it out with a smile. Ken Griffin, the billionaire founder of the Citadel hedge fund, didn’t just outperform...

The Real Estate Market Is In The Freezer, But Billionaire Grant Cardone Says Investors Will ‘Save The Day’

Economists have been calling for a housing crash for several months. Some even predicted that home prices would fall by as much as 30% in 2023. While these claims are understandable considering that r...

Is Crypto ‘Sh*t’ And ‘Harmful’? This Legendary Billionaire Investor Is At It Again

Berkshire Hathaway Vice Chairman Charlie Munger doesn’t really pull any punches when it comes to crypto. In fact, he has been very vocal about it for some time. This billionaire just hates it. Bitcoin...

Billionaire Charlie Munger on Costco stock: ‘I’m a total addict’

Billionaire investor Charlie Munger reaffirmed his love for one of the world’s most well-known value retailers and Yahoo Finance’s 2022 Company of the Year — Costco (COST). “I love e...

Billionaire Michael Jordan Gifts $10 Million To Make-A-Wish

Topline Michael Jordan donated $10 million to Make-A-Wish Foundation, the organization announced Wednesday, calling the billionaire NBA legend’s gift the largest individual contribution in the charity...

Billionaire Kuok Family-Backed Music App BandLab Taps Into AI For TikTok’s Breakout Stars

A scion of Malaysia’s richest family, Kuok Meng Ru transformed his love of classic rock and blues into a music empire. Looking ahead, his music production app BandLab aims to help everyone create song...

Billionaire Washington Nationals Owner Ted Lerner Dies At 97

Topline Ted Lerner, the billionaire real estate magnate and owner of the Washington Nationals, passed away at the age of 97 on Sunday, a team spokesperson confirmed with Forbes on Monday, just over th...

Billionaire Ken Fisher Snaps Up These 2 ‘Strong Buy’ Stocks

Ken Fisher Last year’s bearish trend has turned on a dime into 2023’s bull run, and the question now is, what next? One prominent name to wade in on the matter is billionaire Ken Fisher. With a histor...

Billionaire Drops Australia Coal Mine Appeal in Blow for Sector

(Bloomberg) — Australia’s A$133 billion ($92 billion) coal export sector suffered another blow after billionaire Clive Palmer’s Waratah Coal Inc. withdrew an appeal to open what would have been ...

Meet The Billionaire Owner Of The Philadelphia Eagles

A former college professor who became an Oscar-winning film producer, Jeffrey Lurie has the NFL’s 10th most valuable team back in the Super Bowl for the second time in five years. By Justin Birnbaum S...

Hong Kong Billionaire Joseph Lau Auctions Hermes Bags For Just Over $3 Million

Hong Kong billionaire Joseph Lau Luen Hung and his wife Chan Hoi-wan (Photo by Visual China Group via Getty Images/Visual China Group via Getty Images) Visual China Group via Getty Images Joseph Lau h...

Billionaire Wee Cho Yaw’s UOL Buys Singapore Suburban Redevelopment Property For $295 Million

The skyline of financial and business center are seen in the background as people paddle surf along … [+] East Coast Park beach, among Singapore’s prime residential estates. July 17, 2020....

Billionaire Peltz Ends Disney Proxy Fight With Disney As Stake Swells To $1.1 Billion

Topline Billionaire Nelson Peltz’s proxy battle against Disney is over, the Trian hedge fund founder said Thursday morning on CNBC, giving his stamp of approval to the entertainment conglomerate’s unv...

How LeBron James Became The NBA’s Top Scorer, Highest-Paid Player—And First Active Billionaire

Getty Images The legacy of LeBron James has never been in question, yet the Los Angeles Lakers superstar has managed to pull off another unparalleled accomplishment. On Tuesday, James scored 38 points...

Tool Maker’s IPO Mints China’s Latest Billionaire

A woman walks down a flight of stairs at the Shenzhen Stock Exchange in 2019. Photographer: Qilai … [+] Shen/Bloomberg © 2019 Bloomberg Finance LP Today’s listing at the Shenzhen Stock Exchange ...

Biden Urges Congress To Pass New Billionaire Tax In State Of The Union—But It’s Destined To Fail

Topline President Joe Biden called for a new minimum tax targeting billionaires in his State of the Union address Tuesday night, as part of a White House plan to ensure wealthy Americans and large bus...

Billionaire Investor Marc Andreessen Reveals Crypto Playbook, Addresses Criticisms of One Digital Asset Sector

Billionaire venture capitalist Marc Andreessen is laying out his crypto investing playbook, and defending one sector of the industry against critics. In a new interview on The Lunar Society podcast, t...

Billionaire Justin Sun Announces Launch of New TRON-Powered AI Infrastructure and Payments Network

Justin Sun says Tron (TRX) will launch a new decentralized payment framework for artificial intelligence (AI) systems. The Tron founder says in a new Twitter thread that the framework will work for ar...

Who is Crypto Billionaire Mike Novogratz? Net worth, Wife, Investments

Who is Galaxy Investment Firms CEO Crypto Billionaire Mike Novogratz? Michael Edward Novogratz is an American investment banker and a billionaire. Currently, he is the CEO of the cryptocurrency invest...

South Korean Founder Of Anti-Wrinkle Shot-Maker Becomes A Billionaire

Getty Despite a jittery stock market, shares of South Korean biotechnology company Caregen tripled over the past year, making its founder and CEO, Chung Yong-ji, a billionaire—the first entrepreneur i...

Sri Lanka Rejects Billionaire Tim Draper’s Proposal of Bitcoin Adoption

37 mins ago | 2 mins read Bitcoin News Tim Draper sought to persuade the government and central bank to accept bitcoin. Sri Lanka’s GDP shrank by 8% in 2022 and its benchmark inflation rate was 54.2% ...

Billionaire Chamath Palihapitiya Says Markets Are Off to the Races As Fed Capitulates – Here’s His Outlook

Billionaire Chamath Palihapitiya says the markets are likely to witness more bursts to the upside following the recent comments of Fed Chairman Jerome Powell. In a new All-In Podcast episode, the vent...

Billionaire Tim Draper Urges Sri Lanka to Adopt Bitcoin — Central Bank Says ‘We Don’t Want to Make the Crisis Worse’ – Regulation Bitcoin News

Billionaire investor and venture capitalist Tim Draper has reportedly attempted to convince the Sri Lankan government to adopt bitcoin. However, the governor of the Central Bank of Sri Lanka rejected ...