Country Garden founder Yeung Kwok-keung (Photo by David Wong/South China Morning Post via Getty Images) South China Morning Post via Getty Images Yang Huiyan, who has cochaired property developer Coun...
Tag: Richest
How 16 Cents And A Shift To Real Estate Allowed The Richest Man In The World To Build An Empire Worth Over $200 Billion
While he’s not as popular as Jeff Bezos or Elon Musk in the U.S., Bernard Arnault doesn’t need to be — he’s the richest person in the world and may have the most unique story amongst his billionaire p...
3 Of The 5 Richest People In The World Are Making New Plays In The Real Estate Market
Real estate has long been considered a lucrative investment option for building wealth, and some of the world’s wealthiest individuals are no strangers to this fact. In fact, three of the five r...
Gautam Adani Briefly Falls Out Of Top 20 Richest As His Net Worth Spirals After ‘Corporate Con’ Allegations
Topline Indian billionaire Gautam Adani briefly fell out of the world’s top 20 richest people on Friday after losing $12 billion in a day, a spectacular fall from his former position as the world’s th...
Adani Drops To Third Richest In Asia After Stock Market Rout Knocks Off Another $12 Billion From His Fortune
Topline India’s Gautam Adani slipped one more spot to third on the list of Asia’s richest people after shares in his group’s listed companies continued to nosedive on Thursday while they attempt to pu...
How Gautam Adani Lost More Than $50 Billion In A Week—And His Ranking As Asia’s Richest
Topline Here’s a timeline of how Indian billionaire Gautam Adani has seen his fortune shrink by $51.7 billion in the past week as his group of companies have had to battle against allegations of stock...
Controversy Embroiled Gautam Adani Loses Asia’s Richest Title To Mukesh Ambani
Topline Indian billionaire Gautam Adani ceded the title of Asia’s richest person to compatriot Mukesh Ambani, the chairperson of Reliance Industries, on Wednesday, as his listed companies continued to...
Gautam Adani Slips From Top 5 Richest As His Net Worth Plummets After ‘Corporate Con’ Accusations
Topline Indian billionaire Gautam Adani fell out of the world’s top five richest people on Friday as he fights allegations of fraud and Adani Group shares plummet following a damning report by U.S. sh...
One of Wall Street’s most feared short-selling research firms just accused Asia’s richest man of a multibillion-dollar fraud
Asia’s wealthiest person saw his fortune take a hit on Wednesday, after a famed U.S. short-seller accused him of “pulling the largest con in corporate history.” In a report published on Tuesday, Hinde...
The Richest Man Alive Who Most People Know Nothing About
If you were to ask the average American who the richest person in the world is, many would likely say Elon Musk, Bill Gates or another American business magnate. After all, an American has held the ti...
Oxfam Reveals How Richest 1% of All People Became Richer in Two Years
While inflation gulps the wages of at least 1.7 billion workers, billionaires see their fortune increase by $2.7 billion on a daily basis. According to a new report from global poverty charity Oxfam, ...
Richest 1% amassed almost two-thirds of new wealth created since 2020: Oxfam
Skyline in lower Manhattan. Gary Hershorn | Corbis News | Getty Images Over the last two years, the richest 1% of people have accumulated close to two-thirds of all new wealth created around the world...
Daughter of world’s richest man takes the helm at Dior as LVMH reshuffles its two biggest fashion houses
The biggest luxury brand in the world has announced a shake-up of its two major fashion labels, a move that has put the daughter of the world’s richest man in charge at one of them. LVMH Moët Hennessy...
India’s 10 richest people control a fortune worth 11% of the country’s GDP
India ranks among the fastest-growing economies in the world, and as the country continues to progress, so are the fortunes of its wealthiest citizens. However, there is staggering wealth concentratio...
The Richest Bitcoin Investors in The World
In this digital and fastly growing world, accepting new technologies is not a big deal. Since its launch, cryptocurrencies have created their own identity and place in everyone’s life. But among...
Richest Crypto Personalities Lost This Much In 2022
The year has been tumultuous for the crypto market, and so, has it been for the billionaires in crypto. According to an estimate by Forbes, crypto billionaires, this year, lost 116 billion USD in tota...
Musk Sells Nearly $3.6 Billion In Tesla Stock—Moves Further Away From Richest Person Title
Topline Elon Musk sold nearly $3.6 billion worth of Tesla shares this week, according to Securities and Exchange Commission filings from this week, selling his stock while it trades at a notably reduc...
Amid Tesla stock plunge, Musk loses world’s richest crown
Elon Musk is no longer the world’s richest person, according to the Bloomberg Billionaires Index, as Tesla (TSLA) stock continues to plunge. Musk moved to the second spot behind LVMH CEO Bernard...
Billionaire Ken Griffin Sues IRS Over Leak Exposing Taxes Paid By 25 Richest Americans
Topline Hedge fund billionaire Ken Griffin, who founded and helms trading powerhouse Citadel, has sued the Internal Revenue Service and Treasury Department for alleged negligence in maintaining safegu...
Elon Musk is no longer the richest person in the world
SpaceX owner and Tesla CEO Elon Musk speaks during a conversation with legendary game designer Todd Howard (not pictured) at the E3 gaming convention in Los Angeles, California, June 13, 2019. Mike Bl...
LVMH’s Bernard Arnault Surpasses Elon Musk as the World’s Richest Person
Back in October 2021, Elon Musk’s net worth surpassed a bonkers $300 billion, making him the world’s first person to reach the milestone and the richest at that time. This week, the Tesla and SpaceX C...
Elon Musk Loses Title of World’s Richest Person Briefly to Louis Vuitton CEO but Regains It
Elon Musk briefly ranked second on the “world’s richest person” list on Wednesday after suffering a dip in net worth. On Wednesday, Elon Musk briefly ceded his position as the world’s richest person ...
Billionaire Tim Draper Says Bitcoin (BTC) Will Make El Salvador One of the Richest Nations on Earth
Venture capitalist Tim Draper says Bitcoin (BTC) will likely transform El Salvador from one of the poorest countries in the world to one of the richest. In a new interview with popular crypto bull Ant...
Dogecoin Supporter Elon Musk Lost His Richest Men Tag
Dogecoin fan Elon Musk has lost his title as the world’s richest person to French fashion mogul Bernard Arnault. At this time, they are each worth $185.4 billion and $185.3 billion, respectively. With...
Elon Musk Loses His “World Richest Man” Tag
The post Elon Musk Loses His “World Richest Man” Tag appeared first on Coinpedia Fintech News Elon Musk, the owner of Twitter and CEO of Tesla briefly lost the title of the richest man in ...
Dogecoin Fan Elon Musk No Longer World’s Richest Person
Alex Dovbnya The net worth of Elon Musk, a vocal proponent of Dogecoin, has taken a massive hit this year, with French fashion tycoon Bernard Arnault now reclaiming the title of the world’s richest pe...
Elon Musk Lose No. 1 Richest Spot; Risk Not From Adani, Bezos
Elon Musk Richest: Tesla CEO Elon Musk is potentially on the verge of losing the tag of being the world’s richest person after facing new competition. Musk retained the top spot for well over an year ...
Billionaire Dairy Producer Joins Ranks Of Indonesia’s 50 Richest
This story appears in the December 2022 issue of Forbes Asia. Subscribe to Forbes Asia Bambang Sutantio Forbes Indonesia This story is part of Forbes’ coverage of Indonesia’s Richest 2022. See the ful...
Indonesian Coal Billionaire Low Tuck Kwong Mines Super-Profits To Become The Country’s Second Richest Person
This story is part of Forbes’ coverage of Indonesia’s Richest 2022. See the full list here. Bayan Resources’ Low Tuck Kwong, whose wealth jumped nearly fivefold in the past year, is confident that coa...