Bloomberg Billionaires Index

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Elon Musk surpasses Jeff Bezos to become world's richest person

07 Jan 2021

Elon Musk surpasses Jeff Bezos to become world's richest person

Tesla Inc. and SpaceX founder Elon Musk has surpassed Amazon boss Jeff Bezos to become the world's richest person, Bloomberg reported on Thursday.

Alibaba founder suspected to be missing after criticizing Chinese government

04 Jan 2021

Alibaba founder suspected to be missing after criticizing Chinese government

Chinese billionaire Jack Ma has not been seen in public for more than two months now, a development that has sparked questions about his whereabouts.

China's Zhong Shanshan replaces Mukesh Ambani as Asia's richest person

31 Dec 2020

China's Zhong Shanshan replaces Mukesh Ambani as Asia's richest person

Reliance Industries (RIL) Chairperson and Managing Director Mukesh Ambani is no longer the richest person in Asia. That title now belongs to China's Zhong Shanshan, a vaccine magnate and the founder of the bottled water company Nongfu Spring.

Elon Musk says it's 'impossible' to take Tesla private

25 Dec 2020

Elon Musk says it's 'impossible' to take Tesla private

Billionaire Elon Musk has clarified that privatization of Tesla Inc. is impossible even though he is keen to spend more time on innovation rather than engineering, design, and general company operations, which limit the tech genius to some extent.

World's richest lose $117bn in one day; Ambani $2.45bn poorer

07 Aug 2019

World's richest lose $117bn in one day; Ambani $2.45bn poorer

The richest 500 people in the world lost $117 billion (Rs. 8,28,418 crore) in a single day market crash on Monday.

Bill Gates not second richest anymore. Here's who replaced him

18 Jul 2019

Bill Gates not second richest anymore. Here's who replaced him

For the first time in the seven-year history of Bloomberg Billionaires Index, Microsoft co-founder Bill Gates swooped down to world's third-richest spot from his previous rank 2.

Elon Musk lost $1 billion in just two minutes

05 Apr 2019

Elon Musk lost $1 billion in just two minutes

Elon Musk lost $1 billion in just two minutes after shares of his electric-car company Tesla tumbled on Thursday due to poor deliveries.

Leicester City owner Vichai Srivaddhanaprabha perished in chopper crash

29 Oct 2018

Leicester City owner Vichai Srivaddhanaprabha perished in chopper crash

It has been confirmed that Thai billionaire Vichai Srivaddhanaprabha, the owner of Leicester City FC, perished in the helicopter crash outside King Power Stadium on Saturday night.

Chopper carrying Leicester City chairman crashes outside King Power Stadium

28 Oct 2018

Chopper carrying Leicester City chairman crashes outside King Power Stadium

A helicopter believed to be carrying Thai billionaire Vichai Srivaddhanaprabha, the chairman of football club Leicester City, crashed outside the King Power Stadium shortly after Leicester's home draw with West Ham United on Saturday night.

China's richest woman loses 66% of her fortune, courtesy trade-war

22 Oct 2018

China's richest woman loses 66% of her fortune, courtesy trade-war

Zhou Qunfei, founder and CEO of consumer electronics suppliers Lens Technology, had become China's richest woman by supplying touchscreens for Apple and Tesla devices.

Which will hit the trillion dollar mark: Apple or Amazon?

20 Jul 2018

Which will hit the trillion dollar mark: Apple or Amazon?

Following the completion of Amazon's Prime Day sale, wherein the company announced that it had sold over 100 million products, the global e-commerce giant's stock market value climbed to breach the $900bn mark for the very first time.

Zuckerberg becomes world's third richest man, overtakes Warren Buffett

08 Jul 2018

Zuckerberg becomes world's third richest man, overtakes Warren Buffett

Despite concerns about data privacy over Facebook, the social network's co-founder and CEO Mark Zuckerberg has overtaken American business magnate Warren Buffett to become the world's third richest person.

Millionaires now control half of the world's personal wealth

15 Jun 2018

Millionaires now control half of the world's personal wealth

According to a new report by the Boston Consulting Group, half of the world's personal wealth now rests in the hands of millionaires and billionaires, up by 5% from their 45% share of personal wealth in 2016.

WhatsApp CEO Jan Koum quits over privacy clashes with Facebook

01 May 2018

WhatsApp CEO Jan Koum quits over privacy clashes with Facebook

WhatsApp CEO and co-founder Jan Koum has confirmed that he is leaving the company.

World's wealthiest-500 have lost $436 billion so far in 2018

24 Mar 2018

World's wealthiest-500 have lost $436 billion so far in 2018

The first two months of 2018 have been rather expensive for the 500 wealthiest people on planet Earth.