billionaire | ABS-CBN News

India's Adani becomes world's third-richest person

Agence France-Presse
Posted at Aug 30 07:15 PM

Indian industrialist Gautam Adani became the world's third-richest person on the Bloomberg Billionaires Index on Tuesday, the first time an Asian has ranked in the top three. Read more »

TRLEI says motions pending vs Supreme Court order on Okada Manila management

ABS-CBN News
Posted at Jul 22 10:52 AM

The camp of Tiger Resorts Leisure and Entertainment Inc (TRLEI) said Friday it has a pending Motion for Reconsideration and Motion for Clarification in relation to the Status Quo Ante order issued by the Supreme Court. Read more »

Saudi billionaire prince to sell 16.87 percent of firm to sovereign fund

Agence France-Presse
Posted at May 23 08:23 AM

A Saudi billionaire detained in a 2017 anti-graft crackdown is to sell a 16.87-percent stake of his company to a sovereign wealth fund run by the kingdom's crown prince, a statement said Sunday. Read more »

Elon Musk: smasher of elites or self-serving pragmatist?

Frankie Taggart, Agence France-Presse
Updated as of Apr 27 11:47 AM

The world's richest man has berated President Joe Biden for proposing a tax credit for electric cars produced by unionized workers. He has also gone much further, calling for an end to all US federal subsidies. Read more »

Manny Villar, pinakamayamang tao pa rin sa Pilipinas

ABS-CBN News
Posted at Apr 07 08:40 PM

Ang tycoon na si Manny Villar pa rin ang pinakamayamang tao sa Pilipinas. Read more »

Who are the Genomals named in Forbes' PH richest list?

ABS-CBN News
Posted at Apr 06 06:59 PM

The Genomals joined the usual surnames Sy, Villar, Razon, Gokongwei and Tan in Forbes' list of 20 richest Filipino billionaires, ranking 16th, 17th and 18th. Read more »

Manny Villar remains Philippines' richest man

ABS-CBN News
Updated as of Apr 06 10:33 AM

Tycoon Manuel "Manny" Villar remains the richest person in the Philippines, with net worth estimated to be at $8.3 billion, according to Forbes. Read more »

Japan imposes sanctions on 17 more Russians, including billionaire

Reuters
Posted at Mar 15 04:53 PM

Japan has frozen the assets of 17 more Russians, bringing the total number targeted by sanctions over Russia's invasion of Ukraine to 61. Read more »

Chelsea owner Abramovich confirms he will sell club

Agence France-Presse
Posted at Mar 03 04:20 AM

Abramovich has also pledged to donate any net proceeds from the sale to help victims of the war in Ukraine. Read more »

Two of Russia's billionaires call for peace in Ukraine

Guy Faulconbridge and Catherine Belton, Reuters
Posted at Feb 28 08:32 AM

Two Russian billionaires, Mikhail Fridman and Oleg Deripaska, called for an end to the conflict triggered by President Vladimir Putin's assault on Ukraine, with Fridman calling it a tragedy for both countries' people. Read more »

Tesla's Musk says he is 'almost done' with stock sales

Hyunjoo Jin, Reuters
Updated as of Dec 23 02:36 PM

Tesla Inc Chief Executive Elon Musk said on Wednesday he was "almost done" with his stock sales after selling over $15 billion worth for more than one month. Read more »

Bill Gates warned in 2008 over 'inappropriate emails'

Agence France-Presse
Posted at Oct 19 03:24 PM

Microsoft co-founder Bill Gates had already been warned in 2008 over emails to a female staff member that were deemed inappropriate. Read more »

Rihanna is officially a billionaire, Forbes says

Reuters
Posted at Aug 05 06:58 AM

(Reuters) -Pop star Rihanna’s net worth is estimated at $1.7 billion, making her the richest woman musician in the world, but her music is not the primary source of her wealth, Forbes magazine said on Wednesday. Read more »

Virgin Galactic's Branson ready for space launch aboard rocket plane

Steve Gorman, Reuters
Posted at Jul 11 03:54 PM

British billionaire Richard Branson was due on Sunday to climb into his Virgin Galactic passenger rocket plane and soar more than 50 miles above the New Mexico desert in the vehicle's first fully crewed test flight to the edge of space. Read more »

US lobby groups write battle plan to beat Biden tax hikes

David Lawder, Reuters
Posted at Jul 07 01:34 PM

US business lobbying groups cheered a bipartisan $1.2 trillion infrastructure deal, but are gearing up to fight the corporate tax hikes looming in a separate but linked spending bill that Democrats aim to pass without Republican votes. Read more »

Amazon's Jeff Bezos to go to space on Blue Origin rocket

Chris Lefkow, Agence France-Presse
Updated as of Jun 08 11:29 AM

Bezos announced plans on Monday to fly into space next month on a rocket built by his company Blue Origin, fulfilling what he said was a lifelong dream.   Read more »

Which Indian billionaire earned more than Elon Musk this year?

Jillian Carpio, South China Morning Post
Posted at May 31 02:26 PM

Gautam Adani has come a long way since his humble beginnings as a dropout from a bachelor’s degree in commerce at Gujarat University, Ahmedabad. Now at the helm of the Adani Group, has overtaken Chinese bottled water tycoon Zhong Shanshan to become the second-richest man in Asia.   Read more »

Scrutiny increases of Bill Gates after Microsoft affair surfaces

Delphine Touitou, Agence France-Presse
Posted at May 18 05:38 AM

Gates' tenure at Microsoft has come under fresh scrutiny amid revelations that the tech giant probed Gates' intimate relationship with a staffer before he left the board of directors. Read more »

Biden says he has 'nothing against millionaires and billionaires'

Agence France-Presse
Posted at Apr 01 09:22 AM

US President Joe Biden defended his proposal to fund a $2 trillion infrastructure plan by raising taxes on large companies and wealthy Americans in a televised address setting out his vision for the country's economy. Read more »

Musk crowned 'Technoking' at Tesla

Agence France-Presse
Posted at Mar 16 11:37 AM

Electric carmaker Tesla has crowned its brash billionaire founder and CEO Elon Musk with a new title: Technoking. Read more »