Billionaire

Timelines
How this 24-year-old became a billionaire overnight

25 Oct 2019

How this 24-year-old became a billionaire overnight

A 24-year-old Wharton graduate just became one of Asia's richest people overnight, adding $3.8 billion to his wealth.

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.

Here's a look inside Jay-Z's billion dollar fortune

06 Jun 2019

Here's a look inside Jay-Z's billion dollar fortune

Jay-Z has proven that, honestly, nobody can knock his hustle. The 49-year-old recently became a billionaire, the world's first hip-hop artist to get to there.

MacKenzie Bezos to donate half her $35bn fortune to charity

29 May 2019

MacKenzie Bezos to donate half her $35bn fortune to charity

MacKenzie Bezos (48), the ex-wife of Amazon founder and CEO Jeff Bezos (55), has become the newest billionaire to sign The Giving Pledge - a philanthropy group of the world's wealthiest people.

Billionaire tells 400 college grads he'll pay their student loans

20 May 2019

Billionaire tells 400 college grads he'll pay their student loans

The graduating class at Morehouse College was left pleasantly surprised when the speaker at their commencement ceremony paid off their student loans, estimated up to $40 million!

In 2017, China produced two billionaires a week

28 Oct 2018

In 2017, China produced two billionaires a week

According to a report by Swiss bank UBS and auditing firm PricewaterhouseCoopers (PwC), China produced billionaires at the rate of two a week in 2017.

Indian billionaire's daughter gets chef, butler, footmen in UK college

11 Sep 2018

Indian billionaire's daughter gets chef, butler, footmen in UK college

An unnamed Indian billionaire's daughter has been dubbed the "poshest" student in the UK after it was claimed that her family is hiring 12 staff members to help her during her studies at a Scottish university.

Kerala floods: The man behind the UAE aid controversy

26 Aug 2018

Kerala floods: The man behind the UAE aid controversy

The past few days have seen considerable debate over the acceptance of a supposed Rs. 700cr aid package from UAE.

This $1 billion estate is Los Angeles' most expensive ever

30 Jul 2018

This $1 billion estate is Los Angeles' most expensive ever

If you thought Ambani's 27-storey skyscraper in Mumbai was expensive, think again.

To make Kylie Jenner 'billionaire', people are donating money. Why-oh-why?

15 Jul 2018

To make Kylie Jenner 'billionaire', people are donating money. Why-oh-why?

After Kylie Jenner was named the 'youngest self-made billionaire' by Forbes earlier this week, many thought the magazine went a bit far. Because how can the member of the Kardashian- Jenner clan be self-made?

Two Indian-origin women among Forbes America's 60 richest self-made women

12 Jul 2018

Two Indian-origin women among Forbes America's 60 richest self-made women

Indian-origin technology executives Jayshree Ullal and Neerja Sethi have made it to the Forbes' list of America's 60 richest self-made women, with 20-year-old reality TV star and entrepreneur Kylie Jenner being the youngest on the power list.

Forbes names Kylie Jenner 'youngest self-made billionaire', many ask 'really?'

12 Jul 2018

Forbes names Kylie Jenner 'youngest self-made billionaire', many ask 'really?'

So, Forbes named Kylie Jenner, who will soon turn 21, the youngest self-made billionaire in its latest issue.

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.

Meet the 6 youngest self-made Indian billionaires under 50

26 Apr 2018

Meet the 6 youngest self-made Indian billionaires under 50

Becoming a self-made billionaire is no easy task; it's one of the greatest achievements.

Looking at Mukesh Ambani's life journey on his 61st birthday

19 Apr 2018

Looking at Mukesh Ambani's life journey on his 61st birthday

Mukesh Ambani is one name that demands respect and envy at the same time. As India's richest businessman, thousands want to live his extra-ordinary life, and an equal number aspire to become as successful as he is.

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.

Indian-born billionaire to break Tesla record of world's biggest battery

20 Mar 2018

Indian-born billionaire to break Tesla record of world's biggest battery

Elon Musk's Tesla holds the record for the biggest and the most powerful lithium-ion battery in the world.

This Mumbai banker became a billionaire by serving India's richest

16 Mar 2018

This Mumbai banker became a billionaire by serving India's richest

In 1995, IIM-Ahmedabad alumnus Nirmal Jain set up Probity Research, one of India's first equity-research firms.

What if the world's richest paid for government spending?

13 Feb 2018

What if the world's richest paid for government spending?

Bloomberg Politics has constructed an index to see how many days governments can keep running if the richest person from each country pays for governments' expenditure.

Billionaire Nirav Modi charged in Rs. 280cr PNB cheating case

05 Feb 2018

Billionaire Nirav Modi charged in Rs. 280cr PNB cheating case

Billionaire diamond merchant Nirav Modi, his brother and wife have been booked by the CBI for allegedly cheating Punjab National Bank (PNB) of Rs. 280.7cr in 2017.

Prince Alwaleed freed: The end of Saudi's corruption crackdown?

28 Jan 2018

Prince Alwaleed freed: The end of Saudi's corruption crackdown?

Billionaire Saudi Arabian Prince Alwaleed bin Talal was released from detention yesterday, more than two months after he was taken in for alleged corruption.

India's richest 1% pocketed 73% of domestic wealth in 2017

22 Jan 2018

India's richest 1% pocketed 73% of domestic wealth in 2017

The rich in India are getting wealthier as the poor scrape to make ends meet.

Uber co-founder Travis Kalanick officially becomes a billionaire

19 Jan 2018

Uber co-founder Travis Kalanick officially becomes a billionaire

Uber co-founder and former CEO Travis Kalanick has acquired $1.4 billion in cash, increasing his total estimated net worth to about $4.24 billion.

Jains are the wealthiest Indian community: National survey

13 Jan 2018

Jains are the wealthiest Indian community: National survey

Jains are the wealthiest religious community in India. Delhi and Punjab are the richest states. Bihar is the poorest.

Ripple co-founder now richer than Oracle, Google co-founders!

05 Jan 2018

Ripple co-founder now richer than Oracle, Google co-founders!

The meteoric rise of Ripple cryptocurrency, XRP, made Ripple Co-Founder and Executive Chairman Chris Larsen one of the US's top five richest people.

Apple CEO Tim Cook earned Rs. 652 crore in 2017

29 Dec 2017

Apple CEO Tim Cook earned Rs. 652 crore in 2017

This year, Apple paid a whopping $102mn (Rs. 651.8 crore) to CEO Tim Cook; his earnings increased by 79% thanks to iPhone X's performance.

Canadian billionaire couple found dead under mysterious circumstances

16 Dec 2017

Canadian billionaire couple found dead under mysterious circumstances

Canadian police have commenced an investigation into the mysterious deaths of billionaire and founder of the pharmaceutical giant Apotex Inc., Barry Sherman and his wife Honey.

Indians dominate Forbes 2017 list of Asia's 50 richest families

16 Nov 2017

Indians dominate Forbes 2017 list of Asia's 50 richest families

Seventeen Indian business dynasties have made it to the Forbes 2017 list of Asia's 50 Richest Families.

Alphabet Results: Google-founders get $3.5 billion richer in a day

29 Oct 2017

Alphabet Results: Google-founders get $3.5 billion richer in a day

Google co-founders Larry Page and Sergey Brin saw a combined rise of $3.5 billion in their net-worth as Class A stocks of Alphabet, Google's parent company, hit a record-high price of $1,061 per share.

Illegal sale of opioids: Indian-American pharma billionaire arrested

27 Oct 2017

Illegal sale of opioids: Indian-American pharma billionaire arrested

Indian-American billionaire John Kapoor has reportedly been arrested for illegally marketing opioids.

World's richest woman Liliane Bettencourt dies at 94

22 Sep 2017

World's richest woman Liliane Bettencourt dies at 94

L'Oreal heiress Liliane Bettencourt, who was the world's richest woman, died "peacefully" on September 21. She was 94.

Billionaire Jain couple of MP renounces world to become monks

16 Sep 2017

Billionaire Jain couple of MP renounces world to become monks

A billionaire Jain couple from MP's Neemuch has made headlines after announcing their decision to leave behind their property and three-year-old daughter to become monks.

History's richest men: Gates is an average-Joe in Akbar's eyes

09 Sep 2017

History's richest men: Gates is an average-Joe in Akbar's eyes

If someone asks who are the richest people in the world right now, the answer would be pretty easy. It's Bill Gates, Warren Buffet, and Jeff Bezos.

Guo Wengui, exiled Chinese billionaire seeks asylum in the US

08 Sep 2017

Guo Wengui, exiled Chinese billionaire seeks asylum in the US

Guo Wengui, a billionaire exiled from China for exposing corruption in the top rung of the Chinese Communist Party, has sought political asylum in the US.

History's richest men: Gates is an average-Joe in Akbar's eyes

14 Aug 2017

History's richest men: Gates is an average-Joe in Akbar's eyes

If someone asks who are the richest people in the world right now, the answer would be pretty easy. It's Bill Gates, Warren Buffet, and Jeff Bezos.

Jeff Bezos overtakes Bill Gates as the world's richest man

27 Jul 2017

Jeff Bezos overtakes Bill Gates as the world's richest man

Warren Buffett started paying taxes when he was just 14!

29 Jun 2017

Warren Buffett started paying taxes when he was just 14!

Reports showed that billionaire Warren Buffett's tax records as a young 14-year old teenager reflect astute investing and finance skills.

Indian-American Rishi Shah, the newest tech billionaire

18 Jun 2017

Indian-American Rishi Shah, the newest tech billionaire

Indian-American Rishi Shah, who quit college ten years ago to pursue his dreams, has become the newest tech entrepreneur to join the billionaire club with his business partner Shradha Agarwal close behind.

Financial disclosures show Trump has liabilities worth $315 million

17 Jun 2017

Financial disclosures show Trump has liabilities worth $315 million

Donald Trump has voluntarily made financial disclosures to the US Office of Government Ethics offering the first glimpse into his business empire since becoming president.

Zara founder Ortega reclaims second spot in billionaire race

16 Apr 2017

Zara founder Ortega reclaims second spot in billionaire race

Zara founder Amancio Ortega reclaimed his spot as the world's second richest billionaire after Inditex SA rose 1.27%, lifting his net worth to $76.7 billion. Simultaneously, Amazon shares had plunged, reducing Jeff Bezos's net worth to $76.4 billion.