Billionaire Boom
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Google CEO Sundar Pichai Nears Billionaire Status Amid AI Boom
Alphabet Inc. Chief Executive Officer Sundar Pichai is on the cusp of achieving a rare milestone for a non-founder tech executive: a 10-figure fortune.
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Billionaires Boom While Billions Fall: Oxfam Exposes Widening Global Wealth Gap
Oxfam Report Inequality Inc: The number of billionaires has skyrocketed since 2010, more than doubling to 2,489 by March 2023.
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Billionaires Who Rode Online Delivery Boom Watch Fortunes Vanish
From San Francisco to Istanbul, founders of online-delivery companies that exploded during the pandemic are watching their fortunes disappear.
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Dubai's Latest Boom Is Pricing Out The Expats It Once Coveted
As billionaires snapped up villas in Dubai and the city bulged with new bankers and executives, Ghida was evicted. The landlord had seen a way of doubling the roughly $3,000-a-month rent she and her husband were paying.
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Ferrari Heir Races Onto World's Richest List With 400% Stock Boom
Piero Ferrari now has a net worth of $5.6 billion through a roughly 10% stake in the supercar maker, making him the world's 467th-richest person, according to the Bloomberg Billionaires Index.
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Sam Bankman-Fried's Ban on Contacting FTX Employees Using Encrypted Messages Gets Extended
A US judge on Thursday extended a ban on FTX cryptocurrency exchange founder Sam Bankman-Fried's ability to contact employees of companies he once controlled and use encrypted messaging technology while out on bail awaiting trial on fraud charges. US District Judge Lewis Kaplan on February 1 had temporarily barred Bankman-Fried from contacting an...
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US Billionaire George Soros Warns Against Investing In China. Here's Why
Hedge-fund billionaire George Soros has warned against investing in China which is witnessing a decline in the real estate boom, citing the example of Evergrande which is finding it difficult to pay its debts in the face of government policies design
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Space Tourism: Russia to Send Japanese Billionaire Yusaku Maezawa to ISS
Russia will send Japanese billionaire Yusaku Maezawa to the ISS in a move marking Moscow's return to the now booming space tourism business after a decade-long break.
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Dubai Applies Brakes On Building Boom After Billionaires Call for Pause
The desert gave Dubai an easy excuse to keep building. But five years into Dubai's property funk, the emirate's leadership is drawing the line.
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Billionaire Adani Defends Oz Mine Which Will Feed Indian Power Plants
Mr Adani bought the resource in Australia's Galilee Basin in 2010 as companies rushed for overseas energy supplies amid forecasts of booming demand.
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A Saudi Billionaire Vanished For 400 Days And His Global Empire Boomed
Some 400 days after Mohammed Al Amoudi went missing, word came Thursday of his whereabouts: In custody in Saudi Arabia and awaiting trial on corruption and bribery charges. The good news for Al Amoudi, one of the world's richest men, is that during his prolonged absence, much of his global business empire has thrived. Sales at his Sweden-based oil ...
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Warren Buffet's Berkshire Hathaway Buys Stake In PayTM Parent Company
One97, founded by billionaire Vijay Shekhar Sharma, runs the Paytm brand and is the leading player in India's booming digital-payments market.
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Richest 1% Made 82% Of Wealth Created Last Year: Oxfam
The world's richest one percent raked in 82 percent of the wealth created last year while the poorest half of the population received none, Oxfam said Monday, as the world's elite prepared to mingle at the World Economic Forum in Davos.
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Reliance Industries Arm Invests Rs 107 Crore In US-Based Start-Up
Reliance Industries Ltd, led by billionaire industrialist Mukesh Ambani, has invested $16 million (about Rs 107 crore) in US-based tech start-up NetraDyne.
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Uber CEO Says He Loses Sleep Over Competition
Competition and the drive to serve customers better gives sleepless nights to Travis Kalanick, co-founder and chief of Uber, one of the world's most valuable start-ups.
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Google CEO Sundar Pichai Nears Billionaire Status Amid AI Boom
Alphabet Inc. Chief Executive Officer Sundar Pichai is on the cusp of achieving a rare milestone for a non-founder tech executive: a 10-figure fortune.
-
Billionaires Boom While Billions Fall: Oxfam Exposes Widening Global Wealth Gap
Oxfam Report Inequality Inc: The number of billionaires has skyrocketed since 2010, more than doubling to 2,489 by March 2023.
-
Billionaires Who Rode Online Delivery Boom Watch Fortunes Vanish
From San Francisco to Istanbul, founders of online-delivery companies that exploded during the pandemic are watching their fortunes disappear.
-
Dubai's Latest Boom Is Pricing Out The Expats It Once Coveted
As billionaires snapped up villas in Dubai and the city bulged with new bankers and executives, Ghida was evicted. The landlord had seen a way of doubling the roughly $3,000-a-month rent she and her husband were paying.
-
Ferrari Heir Races Onto World's Richest List With 400% Stock Boom
Piero Ferrari now has a net worth of $5.6 billion through a roughly 10% stake in the supercar maker, making him the world's 467th-richest person, according to the Bloomberg Billionaires Index.
-
Sam Bankman-Fried's Ban on Contacting FTX Employees Using Encrypted Messages Gets Extended
A US judge on Thursday extended a ban on FTX cryptocurrency exchange founder Sam Bankman-Fried's ability to contact employees of companies he once controlled and use encrypted messaging technology while out on bail awaiting trial on fraud charges. US District Judge Lewis Kaplan on February 1 had temporarily barred Bankman-Fried from contacting an...
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US Billionaire George Soros Warns Against Investing In China. Here's Why
Hedge-fund billionaire George Soros has warned against investing in China which is witnessing a decline in the real estate boom, citing the example of Evergrande which is finding it difficult to pay its debts in the face of government policies design
-
Space Tourism: Russia to Send Japanese Billionaire Yusaku Maezawa to ISS
Russia will send Japanese billionaire Yusaku Maezawa to the ISS in a move marking Moscow's return to the now booming space tourism business after a decade-long break.
-
Dubai Applies Brakes On Building Boom After Billionaires Call for Pause
The desert gave Dubai an easy excuse to keep building. But five years into Dubai's property funk, the emirate's leadership is drawing the line.
-
Billionaire Adani Defends Oz Mine Which Will Feed Indian Power Plants
Mr Adani bought the resource in Australia's Galilee Basin in 2010 as companies rushed for overseas energy supplies amid forecasts of booming demand.
-
A Saudi Billionaire Vanished For 400 Days And His Global Empire Boomed
Some 400 days after Mohammed Al Amoudi went missing, word came Thursday of his whereabouts: In custody in Saudi Arabia and awaiting trial on corruption and bribery charges. The good news for Al Amoudi, one of the world's richest men, is that during his prolonged absence, much of his global business empire has thrived. Sales at his Sweden-based oil ...
-
Warren Buffet's Berkshire Hathaway Buys Stake In PayTM Parent Company
One97, founded by billionaire Vijay Shekhar Sharma, runs the Paytm brand and is the leading player in India's booming digital-payments market.
-
Richest 1% Made 82% Of Wealth Created Last Year: Oxfam
The world's richest one percent raked in 82 percent of the wealth created last year while the poorest half of the population received none, Oxfam said Monday, as the world's elite prepared to mingle at the World Economic Forum in Davos.
-
Reliance Industries Arm Invests Rs 107 Crore In US-Based Start-Up
Reliance Industries Ltd, led by billionaire industrialist Mukesh Ambani, has invested $16 million (about Rs 107 crore) in US-based tech start-up NetraDyne.
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Uber CEO Says He Loses Sleep Over Competition
Competition and the drive to serve customers better gives sleepless nights to Travis Kalanick, co-founder and chief of Uber, one of the world's most valuable start-ups.
