Now playing Next USA British billionaire Joe Lewis pleads guilty in insider trading case Prosecutors say Lewis improperly shared confidential information between 2019 and 2021 to his chosen recipients and urged them to profit from the tips. 24/01/2024
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Now playing Next Economy Billionaire tax needed to tackle inequalities, says EU research group A global minimum tax on billionaires equal to 2% of their wealth could raise close to $250 billion (around €235.6 billion), the EU Tax Observatory estimated in a report released on Monday. 24/10/2023
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Now playing Next Climate New data reveals the billionaires taking the most private jet flights A 17-year-old is holding the world’s billionaires accountable for their private jet flights. 28/02/2023
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Now playing Next Tech News Elon Musk breaks record for largest loss of personal fortune Elon Musk has set a Guinness World Record for the "largest loss of personal fortune in history” following his takeover of Twitter. 13/01/2023
Now playing Next Food and Drink French billionaire François Pinault takes over Champagne Jacquesson François Pinault, a French billionaire and owner of the luxury group Kering, has acquired Champagne Jacquesson, a small, prestigious champagne producer known for its high-quality sparkling wines 05/01/2023
Now playing Next Tech News Elon Musk confirms he will step down as Twitter CEO Elon Musk say he will step down as chief executive of Twitter Inc once he finds a replacement. 21/12/2022
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Now playing Next Art Wealthy collectors spend more than ever on art amid economic crisis Billionaire collectors are spending more on art than ever before despite economic shock of the war in Ukraine, the pandemic and rampant inflation. 11/11/2022
Now playing Next Green News COP27: 5 key takeaways as World Leaders Summit continues in Egypt Debates over loss and damage are heating up while reports released today reveal the true cost of climate breakdown. 08/11/2022
Now playing Next Green News Billionaires generate million times more emissions than most people 125 ultra-wealthy individuals emit the equivalent greenhouse gas emissions of 85 million cars in a year. 08/11/2022
Now playing Next Italy Some in Sardinia lament loss of Russian oligarchs amid war sanctions “The damage has been done to us, ordinary people,” said a chauffeur from Sardinia. 18/10/2022
Now playing Next Mobility Billionaire books SpaceX trip around the Moon for him and his wife Elon Musk’s SpaceX has signed up 82-year-old Dennis Tito, the world's first space tourist, for a Starship flight around the Moon. 13/10/2022
Now playing Next Green News Billionaire Patagonia boss gives company away to fight climate crisis The outdoor fashion brand predicts it will give €100 million away a year to environmental causes under the new ownership structure. 15/09/2022