Business
Billionaire McCourt says he is open to teaming up on a TikTok bid
US BUSINESSMAN Frank McCourt is open to teaming up with other buyers on a bid to take over the US operations of TikTok as long as he can…
Tag
Billionaire
Business
Ultraman toymaker becomes a billionaire after frenzied Hong Kong IPO
THE frenzy over a toymaker’s Hong Kong initial public offering has created a new billionaire. Zhu Weisong, founder and chairman of Bloks…
Fashion
Trump’s Dubai billionaire ally vows US$20 billion for data centres
SINCE Donald Trump was first elected in 2016, Hussain Sajwani, the head of Damac Group, wanted the world to know he was the US president’s…
News
Trump, Dubai billionaire unveil US$20 billion for data centres
PRESIDENT-elect Donald Trump announced an investment of at least US$20 billion from Hussain Sajwani, the head of Damac Group, to build new…
Business
Seven billionaire founders rode India’s IPO boom in 2024
A BLOCKBUSTER year for initial public offerings in India catapulted seven entrepreneurs into the US dollar billionaires league, many of…
Business
Billionaire Li Ka-shing’s Hutchmed in US$608 million health unit stake sales
HUTCHMED (China), controlled by tycoon Li Ka-shing, is selling stakes in its health subsidiary for around US$608 million as the…
News
Hong Kong’s billionaire Cheng family seeks to sell China toll roads for US$2 billion
THE infrastructure arm of Hong Kong’s billionaire Cheng family is seeking to sell a bundle of roads in mainland China worth about US$2…
Fashion
Billionaire brothers turn US$12,000 loan into empire of cheap toys
AT 18, Nick Mowbray dropped out of college in his native New Zealand and moved to China with his older brother, Mat. The pair spoke no…
Fashion
Thai billionaire Charoen to retire as F&N chairman in 2025; Koh Poh Tiong to step up
Fraser and Neave (F&N) announced on Tuesday (Dec 24) that its board chairman Charoen Sirivadhanabhakdi will retire from office on Jan 16,…
News
Opinion: Drain the swamp? More like overt, unapologetic swampy displays at Mar-a-Lago
Donald Trump doesn’t drain the swamp, despite his promises. He just puts his own brand on it, like everything else he touches, and sells.…
Culture
As TikTok runs out of options, this billionaire has a plan to save it
EVEN as TikTok faces a looming ban in the US, Chinese parent company ByteDance has made it clear it has no plans to sell the popular video…
Culture
Billionaire Art Dealer Who Made Marlborough Gallery Force, Starved to Death in $50M Fortune Scheme: Partner Accused of Chilling Betrayal
An 87-year-old Manhattan art dealer, Pierre Levai, died under suspicious circumstances, sparking a bitter legal battle. Levai's family…
News
Isak Andic: Mango's Billionaire Founder and One of Spain's Richest Men Dies After Falling 500ft from Mountain While on Family Holiday
Business mogul and Mango clothing brand owner Isak Andic has died after a shocking mountain accident in Catalonia, where he fell from a…
Beauty
China makeup mogul nears billionaire status with Hong Kong IPO
ONE of China’s best-known makeup artists, Mao Geping, took his beauty company public in Hong Kong, capping a remarkable run that’s seen…
Culture
First Billionaire: Complete Timeline
John D. Rockefeller was a key figure in American history, known for being the first billionaire. His journey from a humble background to…
Business
China's bottled water billionaire lashes out at Pinduoduo, ByteDance
One of China’s richest people has taken aim at tech firms ByteDance and Pinduoduo for allegedly harming him and Chinese brands. Zhong…
News
This Lebanese American billionaire and Trump are in-laws. Will that help bring peace to Lebanon?
KFARAKKA, Lebanon — In normal times, you’d rarely hear of Kfarakka, a hamlet nestled in the lush green mountains of north Lebanon whose…
Business
Australian mining billionaire Ellison to step down after probe into undeclared payments
MINERAL Resources said managing director Chris Ellison will step down within 18 months after an internal probe into undeclared payments…