These Are Asia's Richest Billionaires As of the start of April, Mukesh Ambani (66) is the richest man in Asia, with a net worth of $116.1 billion, according to Forbes’ Real-Time Billionaires List, Ambani is the chairman of Reliance Industries Limited, a conglomerate that focuses not only on petrochemicals, but also textiles and telecommunications. As Statista's Anna Fleck reports, Ambani ranks 11th on Forbes’ worldwide list, which is headed by Bernard Arnault & family (LVMH) with...
DES MOINES, Iowa (AP) — A Powerball player in Oregon won a jackpot worth more than $1.3
Let’s test your knowledge of the people who hold most of the world’s wealth.
Not all rich people are geniuses – most of them are just lucky. Professor and author Brian Klass joins us to debunk a common misconception about wealth – that all those who have it are smarter than average. Klass uses probability to explain that though this is an easy assumption to make, it’s technically not correct. He points to Elon Musk as a case study, noting that while Musk’s skills have contributed to his achievements, his success also depends on his pre-existing...
A new, disturbing milestone has been confirmed in the latest Forbes World Billionaires List. The U.S. billionaire class is now larger and richer than ever, with 813 ten-figure oligarchs together holding $5.7 trillion. This is a $1.2 trillion increase from the year before — and a gargantuan $2.7 trillion increase since March 2020. The staggering upsurge shows More
In general, I’m in favor of capitalism. I believe people have the right to work, buy, sell, and do business as they see fit. There certainly need to be rules. No social, economic, or political system can function without rules … Continue reading →
Financially scrambling real estate fraud and adjudicated rapist Donald J. Trump has been dropped from the Bloomberg Billionaire Index. As Trump Media's share price plummets, so does Donald Trump's vaporous net worth. Still unable to secure a valid bond in the appeal of his $454 million fraud judgment, even for the generously reduced amount the appeals court approved, Trump could see collections efforts begin next week, which will likely be in the form of seized assets. — Read the rest
Jeet Heer The problem isn’t that the former president is broke but that he’s for sale.
President Joe Biden wants voters to believe his tax plans take from the rich to give to the poor, but in reality they rob us all to pay off the millionaires and billionaires who bankroll today’s Democratic Party. “Taxes,” Biden said in hardscrabble Scranton, Pennsylvania, on Tuesday, where he returned to pretend he isn’t a money-larded creature […]
There are no self-made billionaires under the age of 30 on Forbes' list of the world's richest, for the first time in 15 years.
It was the most spectacular trial ever held in Vietnam, befitting one of the greatest bank frauds the world has ever seen. Behind the stately yellow portico of the colonial-era courthouse in Ho Chi Minh City, a 67-year-old Vietnamese property developer was sentenced to death on Thursday for looting one of the country's largest banks over a period of 11 years.
Yuval RosenbergApril 8, 2024Former President Donald Trump reportedly told wealthy donors to his 2024 campaign that he’ll keep their taxes low