Ambani says Reliance succession plan near completion as children take over day-to-day operationsMukesh Ambani announced the near-complete transfer of daily management at Reliance Industries to his children, Akash, Isha, and Anant. They...
19 Jun, 2026, 08.02 PM IST
Warren Buffett won’t leave his $100 billion fortune to his children, says "enough so that they can do anything, but not..."Warren Buffett, the legendary investor, is donating over 99% of his colossal fortune to charity, rejecting the idea of a family dynasty. He...
16 Jun, 2026, 11.50 PM IST
Elon Musk Net Worth: From $788,800,000,000 today to a possible $1,000,000,000,000 after SpaceX IPO— How much would each of his 14 children get?Elon Musk Net Worth June 2026: According to Forbes, Elon Musk’s fortune stood at approximately $788.8 billion on June 8, 2026. Some project...
08 Jun, 2026, 06.29 PM IST
TikTok billionaire overtakes Mukesh Ambani as Asia’s second-richest personZhang’s net worth climbed to $92.8 billion, cementing his position as China’s richest person, according to the Bloomberg Billionaires Index...
03 Jun, 2026, 01.08 PM IST
Hurun India Rich List 2025: In Ambani, Adani race, who took the top spot and who are India's 10 richest individuals?Mukesh Ambani remains India's richest individual on the Hurun India Rich List 2025 despite a decline in wealth, with Gautam Adani closely f...
27 Mar, 2025, 04.03 PM IST
America’s 12 richest billionaires: What happens to billionaire wealth like Jeff Bezos and Elon Musk’s fortune after death? Inheritance, philanthropy, and power shifts explainedBillionaire wealth transfer raises critical questions about inheritance, philanthropy, and corporate power. When billionaires like Jeff Bez...
26 Mar, 2025, 10.51 PM IST
'Most billionaire wealth is taken, not earned': A new report reveals how 60% of world’s wealthiest are building their fortunesOxfam International's latest assessment reveals that extreme wealth among the world's richest is largely unearned, driven by inheritance, c...
20 Jan, 2025, 06.12 PM IST
India's richest 1% has highest concentration of wealth in decades, study showsIndia's wealth inequality is at a six-decade high with the top 1% owning 40.1% of wealth. Foreign investments led to a surge in billionaire...
20 Mar, 2024, 05.44 PM IST
Hermes heir plans to adopt 51-year-old gardener to transfer his $11 bn fortuneThis unconventional move is part of the heir's effort to change his estate beneficiaries, representing 5-6 per cent ownership of the $220 b...
09 Dec, 2023, 12.01 PM IST
Patagonia, charity with continuityThe Chouinards will be giving Patagonia away to the cause they believe most in, the environment. By transferring their holdings to a trust ...
18 Sep, 2022, 11.37 PM IST
Can India go back to a wealth tax by appealing to the better side of the rich?“In theory, India employs several mechanisms that are aimed at taxing the rich. These include a progressive income tax rate structure, tax ...
22 Jan, 2022, 01.36 PM IST
Why taxing American billionaires' wealth - as Biden tried to do - will never workThe total wealth of U.S. billionaires soared by US$1.8 trillion during the COVID-19 pandemic as of mid-August. And recent reporting has fou...
30 Oct, 2021, 10.36 AM IST
Azim Premji's life mantra: Wealth is a trusteeship, shouldn't be used as ownershipThe 73-yr-old announced that he is giving 34% of his shares in Wipro to charity.
14 Mar, 2019, 12.57 PM IST
Number of billionaires worldwide jumps 10 per cent: StudyUBS and PwC said that last year marked the first time it recorded more billionaires in Asia (637) than in the United States (563), creditin...
26 Oct, 2017, 10.46 PM IST
Many of the world’s wealthiest people are getting older and plotting what’s nextThe problem is most acute in the US and Europe, where about a quarter of the billionaires on the index are age 80 or older, compared to 20 ...
05 Mar, 2017, 06.02 PM IST
Wipro buys back shares worth Rs 1,963 crore from Premji-owned trustsThe bulk of the Rs. 1963 crores is expected to help Premji's broader philanthropic ambitions in the near future.
21 Jul, 2016, 02.47 AM IST
Surge in Indian super rich seeking global citizenshipRich Indians - defined as those with a net worth of $30 million and above — have now become one of the largest populations based abroad.
05 May, 2014, 06.44 AM IST