where do billionaires keep their money Billionaires have been able to not only acquire wealth but most have gradually built it over time. This means that many have had successful investments, which ma...
Tag: billionaires
Billionaires Mukesh Ambani And Mark Zuckerberg Deepen Ties With Grocery Delivery On WhatsApp
Mukesh Ambani, chairman and managing director of Reliance Industries, speaks during a live stream of … [+] the annual general meeting in Mumbai, India, on August 29, 2022. Dhiraj Singh/Bloomberg...
The number of crypto billionaires is growing fast, here’s why
Satoshi Nakamoto has more than 1 million BTC, making him the largest Bitcoin holder. He is followed by the founders of Grayscale and Binance, who together have about the same amount of BTC as Satoshi ...
Zipmex in advanced rescue talks with investment firm, billionaire’s son: Source
Zipmex is in advanced talks with Country Group Holdings (CGH), a Thailand-based investment firm, and Chalermchai Mahagitsiri, son of Thai billionaire and coffee king Prayudh Mahagitsiri, a source with...
Richest Chinese Billionaire’s Flagship Posts Double-Digit Profit Rise In Tough Economy
Nongfu Spring Chairman Zhong Shanshan in 2013. (Photo by STR/CNS/AFP via Getty Images) CNS/AFP via Getty Images You don’t get to be China’s richest man without a lot of business acumen, and Zhong Shan...
Indian Billionaire’s Stock Holdings Worth Nearly $4 Billion in Focus After Death
(Bloomberg) — The death of Indian billionaire Rakesh Jhunjhunwala puts a spotlight on the nearly $4 billion worth of stocks held by the famed investor, whose trades were closely followed. Most R...
Singapore Billionaires’ Property Firms Poised For Bumper Year Amid Post-Pandemic Hotel Rebound
People take photos in front of Singapore’s Merlion statue. ROSLAN RAHMAN/AFP via Getty Images Real estate firms controlled by Singapore billionaires are headed for a bumper year, bolstered by a ...
How These 5 Billionaires Used Real Estate To Build Their Empires
In April, Forbes produced an article outlining the industries that produced the most billionaires. The list included some of the biggest names in the world: Warren Buffett (finance and investing), Jef...
China Adds Two New Tech Billionaires As IPOs Soar
The Shenzhen Stock Exchange is one of the world’s largest bourses. (Photo by VCG/VCG via Getty … [+] Images) VCG via Getty Images Two listings by China technology businesses added new memb...
China Mints New Billionaire Amid Military Tension
A security officer wearing a face mask walks in front of the Shanghai Stock Exchange building in … [+] Shanghai in 2020. (AP Photo) ASSOCIATED PRESS China minted a new billionaire on Wednesday e...
Loss Ballooned At China Tavern Chain Helens Amid Lockdowns
Women wearing face masks look at a smartphone as they stand on a street corner in Beijing on July 6. … [+] Residents of parts of Shanghai and Beijing have been ordered this month to undergo furt...
Eutelsat, OneWeb Plot Merger That Will Challenge Billionaires Elon Musk, Jeff Bezos In Space Race
Topline French and British satellite firms Eutelsat and OneWeb on Tuesday announced plans to combine forces and create a “global leader” in the burgeoning space-based internet industry, a deal which p...
Elon Musk Reportedly Had Affair With Sergey Brin’s Wife—Ending Billionaires’ Friendship
Topline The longtime friendship between billionaires Elon Musk and Sergey Brin ended after Musk allegedly had an affair with Brin’s wife last year, which led to the couple’s divorce, the Wall Street J...
Billionaires are losing their fortunes, but it isn’t just because of the stock rout—some of them are giving their money away
Bill Gates pledged to give away so much money that he’d eventually fall off the world’s list of rich people. His plan is already working. Gates’s fortune has fallen by $25.8 billion this year to date,...
Philippines’ Monde Nissin Loses Two Billionaires As Two-Day Stock Rout Erases $436 Million In Market Value
Betty Ang is a cofounder of Monde Nissin. Courtesy of Monde NIssin Betty Ang, the cofounder of Monde Nissin—the Philippines’ largest instant noodle maker—and company chairman Hartono Kweefanus have lo...
A Dynamic Duo of Young Billionaires to Prevent Crypto from Collapsing
On July 4th, Changpeng Zhao tweeted a photo of himself standing before the Statute of Liberty. “Happy July 4th! 20 years ago (2002), this nerdy boy arrived in New York to work at Bloomberg, jus...
Indian EdTech Billionaire’s Firm Byju’s Combats Speculation About Its Finances, Eyes $2 Billion Acquisition
Byju Raveendran speaks during the Credit Suisse Asian Investment Conference in Hong Kong, China, on … [+] Tuesday, March 26, 2019. Paul Yeung/Bloomberg There’s been a lot brewing lately at Banga...
Richest Billionaires Lose $1.4 Trillion in Worst Half Ever
(Bloomberg) — Elon Musk’s fortune plunged almost $62 billion. Jeff Bezos saw his wealth tumble by about $63 billion. Mark Zuckerberg’s net worth was slashed by more than half. Most Read from Blo...
De Rucci Healthy Sleep Mints Two Furniture Billionaires
Shenzhen, located over the mainland China board with Hong Kong, is home to Asia’s busiest bourses … [+] for IPOs. (AP Photo/Ng Han Guan) ASSOCIATED PRESS It was a down year for billionaire...
Top 7 Billionaires Lost $144B Since Bitcoin Hit All-time High
3 hours ago | 2 mins read Editors News Crypto market lost almost 70% of its value from its all-time high of 3 trillion. Top 7 billionaires lost over $144 billion. The bitcoin dip triggered the market ...
Crypto Billionaires Lose $114 Bln As Bitcoin Crashes Under $23K
The Global cryptocurrency market has plunged by another 4% on Tuesday. Its total market capitalization dropped under the $1 trillion pivotal level. This continuous drop has posted a huge dent in the t...
A Third of Billionaires Around the World Have Direct or Indirect Exposure to Crypto: Report
A significant percentage of the world’s richest entities have reportedly allocated a portion of their wealth to crypto either directly or indirectly. A recent survey by Forbes, which queried 65 of the...
Study reveals 30% of billionaires have direct or indirect investments in crypto
As the adoption of cryptocurrencies as a valid alternative to traditional assets continues around the world, some groups are adopting them faster than others, and one study has revealed that billionai...
Billionaires Jack Dorsey and Jay-Z Announce Launch of Bitcoin Academy In New York ⋆ ZyCrypto
Advertisement     American billionaires, Jack Dorsey and Jay-Z have announced plans to fund a Bitcoin Academy in New York. Jack Dorsey, the co-founder of Twitter and B...
May Sales At China Billionaire’s Geely Auto Drop 7% Amid Lockdown Disruptions; EVs Gain
Geely Auto is controlled by China billionaire Li Shufu. (Photo by Zhang Peng/LightRocket via Getty … [+] Images) LightRocket via Getty Images Geely Automobile Holdings, a China automaker control...
These Five Billionaires Fortunes Sank By $300 Billion
Five billionaires lost a total of $300 billion recently as their fortunes plummeted during the recent market downturn, according to the Bloomberg Billionaires Index, which is a daily ranking of the wo...
Billionaires like Jeff Bezos and Bill Gates are making big bets on farmland — here are 2 effortless ways you can access it, too
Billionaires like Jeff Bezos and Bill Gates are making big bets on farmland — here are 2 effortless ways you can access it, too Fear is taking over. The S&P 500 is down about 16% of its value in 2...
Bitcoin’s price collapse eats away at the wealth of major crypto billionaires
During the last few week, there has been a significant sell-off in the crypto market, which has caused many investors’ fortunes to drastically decrease. Most notably, the Winklevoss twins and other cr...
Crypto Billionaires’ Vast Fortunes Are Destroyed in Weeks
(Bloomberg) — It’s been a long few weeks since the crypto crowd was partying in Miami. Most Read from Bloomberg Coinbase Global Inc. founder Brian Armstrong had a personal fortune of $13.7 billi...