FORBES RICHEST LIST
Hindujas 'appalled' by Swiss court's jail term order; File appeal
The statements follow a hearing in the Swiss city of Geneva after prosecutors opened the case for alleged illegal activity, including exploitation, human trafficking and violation of Switzerland's labour laws. The family members were accused of seizing the workers' passports, barring them from leaving the villa and forcing them to work very long hours for a pittance in Switzerland, among other things.
Saudi, French funds to acquire 38% of Heathrow airport
Heathrow, one of the world's busiest airports, is owned by the consortium FGP Topco Limited with Spanish infrastructure giant Ferrovial holding the lead role with a 25-percent stake.
How did Cristiano Ronaldo become world's richest sporting icon? Where do Messi, Mbappe feature in Forbes' list
Portugal's star striker and World Cupper Cristiano Ronaldo, who currently plays in the cash-rich Saudi Pro League, has emerged as the richest sportsman as Lionel Messi settles for the third position.
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.
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.
Forbes Richest List 2024: Here are the top 10 richest persons in India
Forbes' latest '2024 Billionaires List' sees Mukesh Ambani topping as Asia and India's richest individual, with a wealth surge to $116 billion. The roster includes 200 Indian billionaires, up from 169 last year, amassing a combined $954 billion, a 41 percent increase. Gautam Adani follows Ambani, with a net worth of $84 billion. Savitri Jindal remains India's wealthiest woman, with $33.5 billion.
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.
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.
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.
Anant Ambani's pre-wedding bash to include Rihanna performance, Jungle Fever dress code
Mukesh Ambani, Asia's richest man, is hosting a lavish pre-wedding celebration for his son Anant, complete with performances by Rihanna, a "jungle fever" dress code, and a star-studded guest list. The three-day event in Jamnagar, Gujarat, will feature traditional ceremonies, a communal dinner for 51,000 villagers, and visits to an animal rescue center. Guests can expect pampering services and exclusive charter jet flights, making this a truly extravagant affair.
Gear up, the world's first trillionaire is at best, 10 years away: Report
Oxfam International predicts that the world could have its first trillionaire within a decade, highlighting the growing disparities between the super-rich and the majority of the global population. The group claims that the wealth of the top five billionaires, including Elon Musk, Bernard Arnault, Jeff Bezos, Larry Ellison, and Warren Buffett, has spiked by 114% in real terms since 2020.
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.
Forbes Rich List: Reliance’s Mukesh Ambani reclaims richest Indian tag, Hindenburg drags Adani to 2nd spot
Mukesh Ambani, chairman of Reliance Industries, reclaimed the top position on Forbes' list of India's 100 Richest. His net worth stands at $92 billion. Gautam Adani, who briefly overtook Ambani as the richest person in India, fell to second place due to a damaging report by Hindenburg Research. HCL's Shiv Nadar climbed to third place, while Savitri Jindal and Radhakishan Damani secured the fourth and fifth positions, respectively.
Jayshree V Ullal rises on Forbes list of richest self-made women in America
Jayshree V Ullal, CEO and President of Arista Networks, is now one of the richest self-made women in America with a net worth of $1.9 billion dollars in 2022. Ullal’s success story began with humble beginnings, overcoming profitability challenges and taking Arista Networks to its IPO in 2014. Before joining Arista, she generated billions of dollars for Cisco, and held prestigious positions in renowned companies such as AMD, IBM, and Hitachi.
Indra Nooyi & Jayshree Ullal among four Indian-origin biz leaders on Forbes' 100 richest self-made women list
President and CEO of Arista Networks, a computer networking firm; Jayshree Ullal, co-founder of IT consulting and outsourcing firm Synte; Neerja Sethi, co-founder and former chief technology officer (CTO) of cloud company Confluent; Neha Narkhede and PepsiCo's former chair and CEO Indra Nooyi made it to Forbes list of 'America's Richest Self-Made Women'.
Forbes Billionaires List: Elon Musk not the richest man in world anymore
Bernard Arnault, the head of the French luxury goods conglomerate LVMH, has replaced Elon Musk as the world's richest billionaire, with a net worth of $211bn. Arnault's wealth increased by more than $50bn last year, while Musk's current net worth has been estimated at $180bn, a $39bn drop from the previous year. Arnault's success is due to record-high profits at LVMH, whose brands include Louis Vuitton, Christian Dior and Tiffany & Co.
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