English

More about this topic

Tech News

What will happen if TikTok falls into the hands of tech billionaires?

Elon Musk reportedly considered buying TikTok ahead of a US-wide ban. But what would it mean for society if "broligarchs" consolidated their influence on social media?

Earth News

Richest 1% burn through their annual carbon budget in just 10 days

Climate campaigners are calling for wealth taxes on the top 1 per cent to limit their pollution and pay for damages.

Earth News

‘Tax the mega rich’: Who could foot the COP29 climate bill?

“It makes common sense to tax mega polluters and the mega-rich to ensure that we have the money needed for climate action at home and globally” according to one campaigner.

Tech News

Founder of TikTok owner ByteDance tops China's rich list

The total worth of those on the list was down €2 trillion on last year's listing.

ADVERTISEMENT

Tech News

Which billionaires are on track to be the world's first trillionaires?

The tech industry is home to eight of the world’s ten wealthiest individuals, but who among them will be the first to reach trillionaire status?

Economy

Italy doubles 'billionaires' tax on wealthy new arrivals

Locals had criticised the previous tax rules after rich expats buying property in Italy sent house prices spiking.

Business

Will finance ministers finally agree a global billionaire tax?

Officials from the twenty biggest global economies are today discussing plans for a levy on the world’s 3,000 richest people.

Culture news

Born To Bank: Bruce Springsteen is officially a billionaire

Baby, we were born to run...to the bank and celebrate, as Bruce Springsteen is now officially a billionaire.

Switzerland

Swiss court sentences Hinduja family to jail for alleged worker abuse

The family has denied all charges. Lawyers representing the defendants said they have appealed.

Business

Bezos knocks Arnault off top slot for world's richest man title

Bernard Arnault, head of luxury group LVMH, has lost his position as a result of the reorganisation of his company and subsequent stock market concerns, according to latest figures from Bloomberg.

Earth News

These three European countries are backing a billionaire wealth tax

Campaigners say the tax will cover around half of annual loss and damage costs from climate disasters.

Culture news

Forbes billionaire list: Who made it & where does Taylor Swift land?

Taylor Swift becomes the first musician to appear on Forbes' list solely based on her songs and performances. Where does she rank?

Culture news

A-listers flock to India for prenuptials thrown by Asia’s richest man

Rihanna, Mark Zuckerberg, Ivanka Trump and Shah Rukh Khan were among the 1,200 VIP guests at Indian billionaire Mukesh Ambani’s son’s prenuptials over the weekend.

Ecotech

OceanX: What is this billionaire-backed ship doing in the deep?

A state of the art ship is on a mission to “explore the ocean and bring it back to the world”. How valuable is this deep sea philanthropy?

Culture news

Russian billionaire loses art fraud lawsuit against Sotheby's

The Russian oligarch alleged that Sotheby's conspired with an art dealer in a scheme involving high-profile artworks, including Leonardo da Vinci's "Salvator Mundi", which later became the most expensive painting ever sold.

Business

Who's overtaken Elon Musk as the world's richest person?

The change in the leaderboard is a symptom of diverging business empires and rapid movements in market performance.

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.

Culture news

Russian oligarch sues Sotheby’s after paying 'inflated prices' for art

Russian billionaire Dmitry Rybolovlev, owner of football club AS Monaco, is suing auction house Sotheby’s for allegedly helping an art dealer cheat him out of tens of millions of euros.

Business

L’Oreal heir shows she's worth it with more than €90 billion

Francoise Bettencourt Meyers, the heiress of L’Oreal, is the first woman to surpass a €90 billion fortune, according to Bloomberg.

Lifestyle

Hermès heir plans to adopt former gardener to share immense fortune

With a fortune estimated between 9 to 10 billion Swiss francs, Puech, who is single and childless, aims to rewrite his will and share a portion of his immense wealth with his former gardener.