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Billionaires

China rich list compiler Hurun clarifies Tsinghua graduate Zhang Zetian’s ranking to quell online controversy

by Anas Siddiqui
China rich list compiler Hurun clarifies Tsinghua graduate Zhang Zetian’s ranking to quell online controversy

The Hurun Research Institute, a rich list compiler run by Rupert Hoogewerf, has clarified its decision to list Zhang Zetian, wife of Chinese tech billionaire Richard Liu Qiangdong, as the …

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Meet the First $100 Billion Woman in the World

by Anas Siddiqui
Meet the First 0 Billion Woman in the World

Françoise Bettencourt Meyers was already the richest woman in the world, but on Thursday, she hit a new milestone—the first female to accumulate a staggering fortune of over $100 billion …

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‘California Forever’ utopian city CEO compared to ‘snake oil salesman’

by Edgar Davis
‘California Forever’ utopian city CEO compared to ‘snake oil salesman’

The slick executive leading a Silicon Valley-backed plan to build a utopian city on California farmland reportedly compared to a “snake oil salesman” by angry local residents during a heated …

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Hermès Heir Wants to Give Half His $12 Billion Fortune to His Gardener

by Anas Siddiqui
Hermès Heir Wants to Give Half His  Billion Fortune to His Gardener

It’s Succession meets Knives Out—only this Hollywood-like plot is real. Nicolas Puech, 80, the estranged Hermès heir, announced a bold plan to adopt his 51-year-old former gardener and handyman to …

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Billionaire population of Hong Kong, mainland China expands as global ‘great wealth transfer’ sees more riches inherited than earned: UBS

by Anas Siddiqui
Billionaire population of Hong Kong, mainland China expands as global ‘great wealth transfer’ sees more riches inherited than earned: UBS

The Asia-Pacific region had the highest number of billionaires and the highest proportion of self-made billionaires in the world. Their numbers swelled from 922 to 1,019, while their combined wealth …

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Mumbai’s first luxury shopping centre taps India’s ‘cultural understanding’ of affluence

by Walter Watson
Mumbai’s first luxury shopping centre taps India’s ‘cultural understanding’ of affluence

The wealthy in India is growing beyond old business families and corporate tycoons, encompassing start-up founders, investors and high-ranking corporate professionals. “There is a new group that has emerged over …

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Elon Musk says xAI to release first model: ‘Best that currently exists’

by Edgar Davis
Elon Musk says xAI to release first model: ‘Best that currently exists’

Elon Musk teased the release of his artificial intelligence startup xAI’s first tool on Friday – even as the freewheeling billionaire predicted that advanced AI tools could eventually replace all …

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Jeff Bezos Moving to Miami, Bids Seattle Goodbye on Instagram

by Anas Siddiqui
Jeff Bezos Moving to Miami, Bids Seattle Goodbye on Instagram

Amazon founder Jeff Bezos is relocating from his longtime home in Seattle to the beachside city of Miami. In an Instagram post on Thursday, Bezos shared the news alongside a …

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Global billionaire tax could yield US$250 billion, EU researchers say

by Walter Watson
Global billionaire tax could yield US0 billion, EU researchers say

Governments should open a new front in the international clampdown on tax evasion with a global minimum tax on billionaires, which could raise US$250 billion annually, the EU Tax Observatory …

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Focusing on millionaires, IRS collects $160M in back taxes

by Vera Ward
Focusing on millionaires, IRS collects 0M in back taxes

By Katie Lobosco | CNN The Internal Revenue Service has collected $160 million in back taxes this year by cracking down on millionaires who haven’t paid what they owe, the …

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