Bernard Arnault wins big on China stimulus with $17 billion wealth surgeBernard Arnault, who faced a significant wealth drop this year, saw his fortune rise by $17 billion to $201 billion after China announced s...
E-commerce tycoon Huang tops China's rich listColin Huang's net worth reached $48.6 billion, making him China's wealthiest individual. He founded PDD Holdings, the parent company of e-c...
Jack Ma returns to rally troops after Alibaba’s troubles deepen“Every great company is born in a winter,” Ma wrote in response to a staff post. “The people willing to reform for the future, and the orga...
Twilight of entrepreneurs in China as more leave the countryIt has been a rough year for their company. A deal to sell a controlling stake to the Blackstone Group in New York fell apart when regulato...
Beijing Tech Crackdown: Richard Liu, billionaire founder of JD.Com, steps down as CEOChinese eCommerce giant JD.COM's CEO has stepped down because of the tech crackdown, and now, the president of the company, XU Lei, will be...
China’s tech moguls see $80 billion of wealth evaporate in 2021The country’s 10 richest tech tycoons lost $80 billion in combined net worth in 2021, according to the Bloomberg Billionaires Index, amid w...
China's biggest challenge: Surviving autocratic Xi JinpingXi, or as he is now come to be portrayed Xitler, has taken every play out of Mao's secret game book and has further honed it into a fine ar...
Not the Gates, Jamsetji Tata is philanthropist of the century with $102 bn in donations“Whilst American and European philanthropists may have dominated the thinking of philanthropy over the last century, Jamsetji Tata, founder...
Mukesh Ambani, Gautam Adani dethrone Chinese tech magnates in global rich listAccording to data from Bloomberg Billionaires Index, the wealth of Mukesh Ambani has soared over $84 billion, making him the 12th richest p...
China's billionaires club swells as market rally offsets virus painThe size of China's exclusive billionaire's club has almost doubled in the past five years as the world's number two economy continued to o...
Billionaires Bezos, Musk & Zuckerberg rode the coronavirus storm to get even richerThe billionaires of the world amassed fortunes in excess of $10 trillion this year.
Mark Zuckerberg’s fortune surpasses $100 billionThe staggering numbers have put Big Tech under increased scrutiny, with Zuckerberg, Bezos, Apple Inc. Chief Executive Officer Tim Cook and ...
Tencent's 48-yr-old Pony Ma dethrones Jack Ma to become China's richestPony Ma overtook real estate tycoon Wang Jianlin as China’s second-richest person in 2013.
E-commerce upstart wants its data back from AlibabaPDD’s in-house system now hooks up and shares information, such as unique identifiers for individual products, between merchants, couriers ...
Billionaire list shows $1 trillion hit from 2018 market meltdownThe US had 584 billionaires, followed by Germany with 117.
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 unicorns race to IPO as Silicon Valley waits patientlyFive initial public offerings have helped at least 16 tech bigwigs ring up a combined $48 billion of net worth at the time of the IPOs, acc...