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CHINESE BILLIONAIRE INHERITANCE
She had nothing at 15. At 55, she's China's wealthiest woman sitting at the world's top table with Elon Musk and Tim Cook; here's the story of Zhou QunfeiChina’s richest woman, Zhou Qunfei, once worked factory shifts after leaving school at 15. Today, her billion-dollar tech company supplies ...- Chinese gaming billionaire, who allegedly has 100 kids, wants 20 more 'high-quality' US-born sons to inherit $1.1 billion fortuneA Chinese billionaire, Xu Bo, aims to build a 'dynasty of successors' in the US, reportedly fathering at least 20 American-born children vi...
- World’s rich ignore Mideast strife to bet on Dubai and Abu DhabiDubai and Abu Dhabi attract wealthy individuals globally. These emirates offer tax benefits and a strategic location. Despite regional geop...
- Scale AI’s Alexandr Wang brings to Meta knowledge of what everyone else is doingAlexandr Wang, Scale AI co-founder, secures a massive investment from Meta. Mark Zuckerberg hires Wang to his superintelligence group. Wang...
- View: Prioritise data-driven analysis, not polemics, to guide discussions on income and wealth inequalityThe article explores income and wealth inequality, taxation on the rich, and India's tax/GDP ratio. It questions if India's tax rate is low...
- Media baron Rupert Murdoch plans to marry for the 5th time at 92!He plans to marry Elena Zhukova, 67, a Russian-born retired scientist he met last year.
- Country Garden: China's under-pressure property giantChina's leading property developer Country Garden is facing a potential bankruptcy. After missing bond payments and warning of multibillion...
- Asia's richest woman loses half her wealth in China property crisisYang Huiyan, a majority shareholder in Chinese property giant Country Garden, saw her net worth plunge by more than 52 percent to $11.3 bil...
- Mukesh Ambani’s succession plan for his $217 billion empire needs three superstarsA clean transfer of wealth is important to the 64-year-old Indian tycoon, who was embroiled in a bitter inheritance dispute with his younge...
- End of a ‘Gilded Age’: China is bringing business to heelUnder Xi, China is reshaping how business works and limiting executives’ power. Long in coming but rapid in execution, the policies are dri...
- Billionaire Boom: How Covid cash ended up in the wallets of the richEasy money pouring out of central banks is a key driver behind this surge in fortunes, and the resulting wealth inequality
- After a $20 billion Jio frenzy, India's richest man is now seeking money for retailAsia’s richest man and the chairman of RIL told shareholders Wednesday that Reliance Retail Ltd. is getting inquiries from investors and ma...
- Kiran Mazumdar Shaw, Radha Vembu in Hurun global self-made female billionaires listOf the world's top 20 richest women, only 3 are self-made.
- 2019: The year Indian tycoons faced bankruptcies, jail and even deathBanks wrote off $39 billion loans in 18 months as they battled the world’s worst bad debt pile.
- Asia's mega rich take a hit with $137 billion in losses in 2018India’s 23 richest people, saw $21 billion vanish. Lakshmi Mittal, led the way, losing $5.6 billion.
- China's richest woman's fortune surged by $2 billion in 4 daysThe 36-year-old Yang is China’s richest woman and the nation’s youngest billionaire.
- Billionaires' fortunes rise to $6 Trillion with Asia leading wayAsia may have more individual billionaires, but half the billionaire wealth in the world is controlled by the richest folks in the USA.
- Kiran Mazumdar Shaw only Indian woman in self-made billionaires listKiran Mazumdar Shaw started Biocon India in 1978 in the garage of her rented house in Bengaluru with a seed capital of Rs. 10,000.
- Mukesh Ambani richest Indian for 8th year; Bill Gates on top globallyGates with a networth $ 79.2 billion tops Forbes Rich List. This is for the 16th time in the past 21 years the software czar is topping the...
- Oprah Winfrey, Rowling among richest self-made womenA US business magazine said out of the world's 1011 billionaires, only 14 are women who earned their fortunes, rather than inherited them. ...
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