Jim Koch invested $100,000 to start Boston Beer Company in 1984. Then by 2023, his estimated net worth reached $1.6 billionJim Koch left management consulting to launch Boston Beer Company with $100,000 of his own money and another $140,000 from supporters. The ...
29 Oct, 2026, 08.23 PM IST
Meta eyes record $95 billion equity raise to fund AI expansionThe Facebook parent has launched public offerings worth about $35 billion in common and preferred stock, and said it also plans to launch a...
26 Oct, 2026, 06.57 PM IST
Meta to create non-voting shares to fund AI expansion, retain Zuckerberg’s controlMeta Platforms plans to introduce publicly traded non-voting Class C shares to fund AI investments, acquisitions and employee compensation ...
26 Oct, 2026, 01.36 PM IST
Republican billionaire Rick Jackson is walking a Trump tightrope in his quest to lead GeorgiaRepublican billionaire Rick Jackson is seeking to become Georgia governor by combining his rags-to-riches story with a pro-business agenda ...
25 Oct, 2026, 07.06 AM IST
She has $2.6 billion but still works 14 hours a day: Why the world’s youngest self-made woman billionaire can't slow downLuana Lopes Lara, the 30-year-old co-founder and COO of Kalshi, has an estimated net worth of $2.6 billion and is the world's youngest self...
24 Oct, 2026, 03.03 PM IST
Meta beats expectations but legal penalties hit profit amid AI raceMeta beat investor expectations for third-quarter revenue on Wednesday as it doubles down on a global AI race but the social media giant's ...
22 Oct, 2026, 08.50 AM IST
Cash-strapped China targets offshore wealth with new taxChina has introduced a 20 percent tax on dividends and interest from offshore trusts to combat a fiscal deficit. Wealthy citizens must sett...
22 Oct, 2026, 08.36 AM IST
Could America elect its first Muslim senator? Michigan's high-stakes race may make historyMichigan's Senate race 2026 is drawing national attention as Democratic candidate Abdul El-Sayed seeks to become the first Muslim elected t...
21 Oct, 2026, 03.53 PM IST
Here’s why Marco Rubio is visiting Jamnagar, the small Indian city with world’s largest oil-refining complexU.S. Secretary of State Marco Rubio is visiting Jamnagar, India, to discuss energy cooperation with Reliance Industries. His discussions wi...
21 Oct, 2026, 08.58 AM IST
Ahead of massive IPOs, AI companies are sketching plans to share their wealthOn Sunday, Anthropic said it would commit 5% of its shares to the Anthropic Public Benefit Fund, a new entity within the company, pending a...
21 Oct, 2026, 07.51 AM IST
Global Market: China's wealthy rush to unwind offshore trusts as tax deadline loomsChina’s wealthy individuals are restructuring offshore trusts, selling investments and reassessing residency amid a new 20% tax on overseas...
16 Oct, 2026, 10.12 AM IST
He invested $10,600 in Warren Buffett’s Berkshire Hathaway in 1980. Now, Stewart Horejsi is a billionaireStewart Horejsi invested $10,600 in Warren Buffett’s Berkshire Hathaway in 1980. Decades later, the early investment helped turn the Kansas...
15 Oct, 2026, 11.30 PM IST
Tech billionaire Peter Thiel bought Bel Air mansion Casa Encantada in Los Angeles for $130 millionPeter Thiel has been revealed as the purchaser of the mansion Casa Encantada, a Bel-Air property which sold for $130 million at a foreclosu...
14 Oct, 2026, 10.01 PM IST
$845 billion windfall in 2026: AI boom drives unprecedented wealth creation for tech billionairesTechnology billionaires added a record $845 billion to their combined fortunes in the first nine months of 2026, driven by the artificial i...
13 Oct, 2026, 10.06 PM IST
Global Market Today: Asian shares slide as chip stocks tumble; investors eye US earnings, CPIThe MSCI Asia Pacific Index declined 0.3% with equities in South Korea slipping over 3%. That came after a US gauge of chipmakers fell 2.7%...
13 Oct, 2026, 06.14 AM IST
Billionaire Ray Dalio says we’re nearing point where AI bubble may burstSpeaking at the Forbes Global CEO Conference in Singapore on Wednesday, Dalio said that a huge amount of debt is being taken out to fund AI...
07 Oct, 2026, 10.35 AM IST
The only billionaires making money this year are in techThe roughly 100 technology fortunes among the world’s 500 richest people gained a combined $845 billion through Sept. 30, the most ever for...
05 Oct, 2026, 04.50 PM IST