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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 »

Reclusive Chinese bottled water tycoon is now Asia's richest person

Helen Roxburgh and Danni Zhu, Agence France-Presse
Posted at Mar 10 12:42 PM

Until recently, few people had even heard of the Chinese billionaire with a gruff reputation who built a fortune on China's seemingly unquenchable demand for his ubiquitous red-capped bottled water.   Read more »

French billionaire MP Olivier Dassault dies in helicopter crash

Agence France-Presse
Posted at Mar 08 09:39 AM

French billionaire Olivier Dassault, a politician and scion of the Dassault aircraft-making family, was killed in a helicopter crash Sunday, with President Emmanuel Macron paying tribute to a captain of industry who "never stopped serving our country." Read more »

Japan billionaire seeks 'crew' for moon trip

Sam Nussey, Reuters
Posted at Mar 03 07:49 AM

TOKYO - Japanese billionaire Yusaku Maezawa on Wednesday launched a search for eight people to join him as the first private passenger on a trip around the moon with Elon Musk's SpaceX. Read more »

Billionaire wealth reaches new high during COVID-19 pandemic - UBS

Reuters
Posted at Oct 07 10:57 AM

Billionaire wealth reached record high levels amid the COVID-19 pandemic, a report by UBS and PwC found, as a rally in stock prices and gains in technology and healthcare helped the wealth of the world's richest break the $10 trillion mark.   Read more »

Jeff Bezos becomes first man worth over $200 billion: Forbes

ABS-CBN News
Posted at Aug 27 06:04 PM

The founder and CEO of e-commerce behemoth Amazon is now worth $200 billion, cementing his claim to being the richest person in the world, Forbes said.  Read more »

Charges dropped against Red Bull heir over Thai cop's death

Agence France-Presse
Posted at Jul 24 02:39 PM

Charges against the heir to the Red Bull billions, accused of killing a Thai police officer when he crashed his Ferrari in a 2012 hit-and-run, have been dropped, officials said Friday, without explanation.   Read more »

Inside the mind of Filipino-Aussie Melanie Perkins, Australia’s youngest billionaire

ANCX
Posted at Jun 27 11:56 AM

At only 32, the CANVA founder and CEO is the youngest billionaire in the Land Down Under. There is a lot of wisdom to be gleaned from the millennial’s techno-preneurial journey. BY JACS T. SAMPAYAN Read more »

Tycoon and kingmaker Danding Cojuangco dies

ABS-CBN News
Updated as of Jun 17 05:33 PM

Tycoon Eduardo "Danding" Cojuangco, whose influence in business and politics spanned decades, has died. He was 85. Read more »

Japan's Sumitomo joins Pangilinan-Ayala consortium for LRT-1

ABS-CBN News
Updated as of May 29 10:20 AM

Japan's Sumitomo Corp is joining the Pangilinan-Ayala consortium that operates the Philippine capital's oldest elevated rail, LRT-1, as a strategic stakeholder, one of the Filipino partners said Friday. Read more »

Macau gambling king Stanley Ho dies aged 98

Reuters
Posted at May 26 03:05 PM

Macau gambling king Stanley Ho, who built a business empire from scratch in the former Portuguese colony and became one of Asia's richest men, died on Tuesday at the age of 98, state broadcaster China Central Television (CCTV) reported. Read more »

Gokongwei group reviews businesses, eyes new normal after pandemic disruption

ABS-CBN News
Updated as of May 14 08:53 AM

MANILA -- The Gokongwei group is reviewing its business models to follow consumers in the "new normal" as pandemic disruptions hit its airline and retail arms, CEO Lance Gokongwei said Thursday. Read more »

Pangilinan thanks Duterte for 'sincerity, kindness' after apology

ABS-CBN News
Updated as of May 05 12:04 PM

Tycoons Manuel Pangilinan, Jaime Augusto Zobel de Ayala and Fernando Zobel de Ayala on Tuesday thanked President Rodrigo Duterte, after the chief executive apologized to them over "hurting words." Read more »

Billionaire Elon Musk calls lockdowns 'fascist' as Tesla profit surges

Akanksha Rana and Tina Bellon, Reuters
Posted at Apr 30 08:13 AM

Tesla Inc's outspoken CEO Elon Musk on Wednesday called sweeping US stay-at-home restrictions to curtail the coronavirus outbreak "fascist" as the electric carmaker posted its third quarterly profit in a row. Read more »

Kanye West now officially a billionaire: Forbes

Agence France-Presse
Posted at Apr 25 12:00 PM

Rapper Kanye West is now a billionaire thanks largely to the basketball shoes bearing his name that he developed with Adidas, Forbes magazine said Friday. Read more »

Globalization as we know it is 'over' due to COVID-19, says billionaire Razon

Cathy Yang and Joel Guinto, ABS-CBN News
Updated as of Apr 22 02:33 PM

Globalization as we know it is "over" because of the coronavirus pandemic, billionaire port magnate Enrique Razon said Wednesday, as lockdowns and travel restrictions put businesses on pause. Read more »