BILLIONAIRES LIST
Billionaire Goenka slams US restaurant charging Rs 1400 for a piece of dosa
The 'All Day Breakfast' menu at the unnamed restaurant offers whimsically named dishes such as the "naked crepe" for dosa, "dunked doughnut delight" for vada, and "dunked rice cake delight" for idli. Although these playful names might amuse you, the prices are likely to be quite surprising.
Tether acquires $100 million stake in US-Listed bitcoin miner Bitdeer
The two firms entered into a subscription agreement for a private placement of 18.6 million Class A ordinary shares, Bitdeer said in a statement on Friday, which generated $100 million in gross proceeds. There was also a warrant to purchase up to five million in additional shares at $10 per share. The private placement closed on Thursday.
British PM Rishi Sunak, wife Akshata Murty richer than King Charles
The latest annual Sunday Times Rich List revealed their wealth grew substantially despite the wider UK billionaire boom coming "to an end" in the face of tough economic conditions.
Infosys shareholding boosts British PM Rishi Sunak, wife Akshata Murty's rank in Sunday Times Rich List
British Prime Minister Rishi Sunak and wife Akshata Murty rise in the 'Sunday Times Rich List' to 245th place with GBP 651M wealth, notably from Murty's Infosys shares. Murty's earnings surpass Sunak's, boosted by GBP 13M in dividends. Indian-origin Hinduja family leads with GBP 37.196B wealth, as Sir Paul McCartney becomes UK's first billionaire musician.
IPO Calendar: Primary market to host Go Digit's highly-anticipated issue, 4 SME IPOs & 12 listings next week
Amidst a busy week in the primary market, Go Digit's highly anticipated IPO is set to launch on May 15. Despite election season, three companies raised over Rs 6,000 crore with positive response. Additionally, four SME IPOs and 12 listings are scheduled for next week.
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Who is Ankur Jain? Inside the tech titan's grand Egyptian wedding with former WWE diva Erika Hammond
Tech mogul Ankur Jain and former WWE star Erika Hammond recently celebrated their extravagant wedding against the backdrop of Egypt's pyramids. The festivities included a luxurious safari in South Africa and a four-day celebration in Egypt, attended by a star-studded guest list. Jain, known for his tech innovations, founded Bilt Rewards and Kairos, while Hammond has made a successful transition to fitness coaching post-wrestling.
Nepalese billionaire who made his fortune making instant noodles aims to list India unit by 2026
The listing plans for the firm, which has a 28% share in the local instant noodles market and an annual revenue of 8 billion rupees ($96.2 million), are still in the early stages of discussion, he added. It aims to grow its revenue by 15% this year.
Donald Trump no longer one of the world's richest 500
Former US president Donald Trump's removal from the Bloomberg Billionaires Index follows a 50% stock price drop at his social media company, Truth Social, impacting his net worth and Forbes ranking.
EU court takes Russian billionaires Fridman, Aven off sanctions list
The European Union Court of Justice has removed Russian billionaires Fridman and Aven from sanctions list citing lack of justification. Court stated ties to Putin was possible but no evidence of supporting anti-Ukraine actions. A separate appeal lodged against reimposed restrictive measures.
Lachhman Das Mittal: LIC agent, went bankrupt, now India's oldest billionaire
The 93-year-old Lachhman Das Mittal is now the oldest billionaire in India after securing a spot on the 2024 Forbes Billionaires List. Prior to his death on April 12, 2023, at the age of 99, Keshub Mahindra, the former chairman of the Mahindra & Mahindra group, held this title.
This 19-year-old girl is world's youngest billionaire: Here is all about college student Livia Voigt
A 19-year-old Brazilian student, Livia Voigt, claims the title of the world's youngest billionaire, surpassing Italian teen Clemente Del Vecchio. Voigt, heiress to a major electrical motors manufacturer, holds a net worth of $1.1 billion. Meanwhile, Del Vecchio, with assets totaling $4.8 billion, inherits a significant stake in his father's eyeglasses company. India's youngest billionaires include Zerodha and Flipkart founders.
India's newest billionaires list include a doctor, a CA and an MBA graduate who gave up a Rs 30,000 job
India has seen a surge of 25 new billionaires according to the latest Forbes list. The Indian stock market's bullish trend has propelled a record-breaking presence of 200 Indian billionaires on Forbes' 2024 list, up from 169 the previous year. New entrants include Dr. Naresh Trehan, a renowned surgeon turned healthcare entrepreneur, Vijay Agarwal, managing director of Action Construction Equipment and Motilal Oswal
Renuka Jagtiani is India's newest billionaire: Check out Landmark Group CEO's net worth, job, education and more
Renuka Jagtiani holds a Bachelor's degree in Arts from the University of Mumbai. She has received recognition for her outstanding business acumen, including awards such as the Outstanding Asian Business Woman of the Year in 2007 and Businesswoman of the Year in 2012, reported TOI.
Meet India's richest women: Savitri Jindal tops Forbes' list with $35.5 billion net worth
Savitri Jindal's rise to being one of India's richest women reflects a broader trend of women's empowerment in the country's business landscape. As the matriarch of the Jindal Group, she took over the conglomerate after her husband's passing and led it to remarkable success. Alongside her, other women like Rekha Jhunjhunwala, Vinod Rai Gupta, Renuka Jagtiani, and Smita Crishna-Godrej are making significant strides in business, reshaping the narrative of success in India. Jindal's philanthropy and political career further highlight her multifaceted impact.
Byju Raveendran's net worth plummets to zero, as per Forbes Billionaire Index 2024; Here're others who fell off the list
Forbes' Billionaire Index 2024 highlights a drastic decline in Byju Raveendran's net worth, plummeting from ₹17,545 crore ($2.1 billion) to zero. This sharp downfall follows crises within his startup, Byju's, once valued at $22 billion. The company's financial woes, including a staggering net loss exceeding $1 billion, led to a significant devaluation, with BlackRock marking its worth at just $1 billion. Shareholders recently voted to remove Raveendran as CEO amidst ongoing challenges.
Did Taylor Swift become billionaire by singing and songwriting only? Know inside story of her wealth
Taylor Swift is different from other billionaires in the sense that she has not accumulated this wealth from profitable businesses like beauty brands, fashion lines, alcohol investments, etc. Swift is the first musician to reach the milestone solely from songwriting and performing.
Forbes Richest List 2024: Bernard Arnault retains title as World's richest person with $233 bn fortune; Report records 2781 billionaires worldwide
Bernard Arnault maintains his position as the world's richest person in 2024, with a fortune of $233 billion, driven by LVMH's exceptional performance. His strategic acquisitions and focus on succession planning highlight his visionary leadership. Globally, the number of billionaires has reached a record high, with significant concentrations of wealth in the United States, China, and India. Arnault's continued success underscores his enduring impact on the luxury goods industry and the global economy.
Meet Renuka Jagtiani, India's newest billionaire and chairwoman of Landmark Group
Forbes recently released its 2024 list of richest billionaires in the world. The list, which features 25 new Indian billionaire, names Renuka Jagtiani on the top with a $4.8 billion net worth. The 70-year-old is the CEO and chairwoman of Dubai-based Landmark Group. The company was founded by Micky Jagtiani in 1973 and Renuka took over it after he passed away in May 2023. Under her, the Landmark Group employs 50,000 people. (Image: Instagram/ Landmark Group)
Youngest Indian billionaire in Forbes list is a school dropout. He shares the biggest moment of his life
Nikhil Kamath, aged 37, is India's youngest billionaire, valued at $3.1 billion, according to Forbes 2024. His elder brother, Nithin Kamath, 44, is worth $4.6 billion. Nikhil, a school dropout, entered trading after starting at a call center. Co-founding Zerodha in 2010 transformed their fortunes. Kamath emphasizes timing's significance, crediting luck and supportive colleagues.
India's fourth-youngest billionaire admits he was a 'below average student' and blew up all money in his 20s
Nithin Kamath, aged 44, is the fourth youngest Indian billionaire on the latest Forbes list, with a net worth of $4.8 billion, while his brother Nikhil Kamath, aged 37, ranks as the youngest Indian billionaire, with a net worth of $3.1 billion. Kamath, the CEO of Zerodha, no longer actively trades but remains passionate about capital markets, contributing to the startup ecosystem through Rainmatter fintech fund and the Rainmatter Foundation for societal welfare.
Taylor Swift net worth: Singer makes history as Forbes declares her an official billionaire; check details
Forbes recently announced Taylor Swift's official billionaire status, attributing her wealth solely to her music career, a first in the industry. Swift's achievements include groundbreaking tours, a vast songwriting catalogue, real estate investments, and numerous accolades like Grammy wins. Her influence extends beyond music, with a massive social media following and speculation about her impact on major events. Swift's journey from country to pop, along with her entrepreneurial endeavours, has solidified her position as a powerhouse in the music and business worlds.
India is getting billionaire-raising
Mumbai overtakes Beijing as Asia's billionaire hub, fueled by post-Covid market surge. Indian market outperforms China, attracting global wealth interest. Indian billionaires poised to expand globally for significant wealth accumulation.
Mumbai beats Beijing to emerge as the new billionaire hub of Asia, Hurun Research's list shows
Mumbai has become Asia's leading billionaire hub, surpassing Beijing for the first time, according to Hurun Research's 2024 Global Rich List. The financial capital of India now has 92 billionaires, edging past Beijing's 91. This places Mumbai third globally in terms of billionaires, with New York leading with 119 and London with 97.
Mukesh Ambani joins $100-billion net worth club as RIL breaks record
The total net worth of Mukesh Ambani, CMD, Reliance Industries was estimated at $105.1 billion, according to data from the Forbes Real-Time Billionaires List. A surge in Asia's richest billionaire's fortune comes amid a sharp 5.4% upside in RIL shares in the last two trading sessions, pushing the company's market cap above Rs 18 lakh-crore mark.
Top 10 Indian cities where self-made billionaires live
Hurun India's "Top 200 Self-made Entrepreneur of the Millennia 2023" list shows Bengaluru has the highest number of self-made billionaires at 129, followed by Mumbai, Gurugram, New Delhi and Chennai. Other than these cities, here's a list of cities where self-made billionaires live:
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