Australian Billionaire

Australian billionaire Ellison to leave miner over ‘profoundly disappointing’ conduct

Mineral Resources shares fall 10% after board concludes founder used company resources for personal benefit

World - Financial Times - 5 days ago

Billionaires see the stakes of election

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Billionaires with business interests riding on election For billionaires who have ...

Politics - The Hill - October 31

Steve Ballmer on becoming one of the world's richest billionaires

LA Clippers owner and former Microsoft CEO Steve Ballmer, has seen his net worth soar north of $120 billion.

China loses third of its billionaires as economy falters

ByteDance chief Zhang Yiming leads country’s ‘rich list’ with $49bn fortune

World - Financial Times - October 29

FirstFT: Harris calls on America to ‘turn the page’ on Trump

Also in today’s newsletter, Ukraine and Russia hold secret talks, while Alphabet and Reddit shares rise after results

World - Financial Times - October 30

An excess of billionaires is destabilising politics – just as academics predicted

Politicians have always courted the wealthy, but Elon Musk and co represent a new kind of donor, and an unprecedented danger to democracy. The concept of “elite overproduction” was developed by ...

World - The Guardian - October 31

Billionaires have business interests hinging on election outcome

Billionaires who have funneled tens of millions of dollars into the 2024 election or who have made key decisions affecting the race have a lot riding on the outcome. Two of the biggest names to get ...

Politics - The Hill - October 31

Meet the billionaires leading Trump’s transition team

Politics - Politico - Yesterday

Elon Musk battles Indian billionaires over satellite internet spectrum

Starlink head in spat with owners of Reliance Jio and Bharti Airtel mobile networks who call for space bandwidth auctions

World - Financial Times - October 16

Billionaire Tom Gores to buy 27% of the LA Chargers for $750 million

Gores is buying in at an enterprise value of $4 billion, more than a 30% discount to the team's value of $5.83 billion, according to CNBC's 2024 rankings.

Business - CNBC - October 17

Billionaire investor says market is 'very convinced' of Trump victory

Billionaire investor Stanley Druckenmiller said Wednesday that the market is “very convinced” of an election victory for former President Trump. “I must say, in the last 12 days, the market and the ...

Politics - The Hill - October 17

Battle of the billionaires: Harris deploys Mark Cuban as Elon Musk stumps for Trump

As Elon Musk steps up his work on behalf of former President Donald Trump, Kamala Harris is calling in her own billionaire, Mark Cuban.

Politics - NBC News - October 17

How Silicon Valley Billionaires Became Trump’s Biggest Donors

Elon Musk and a group of Silicon Valley allies have built a shadow campaign to put Donald Trump back in office.

Top stories - The New York Times - October 18

Meet David Hoffmann, the Florida Billionaire Buying Up Print Newspapers

David Hoffmann has already bought 5 percent of one of America’s largest newspaper companies. Now, he wants to control the whole thing.

Business - The New York Times - October 22

Legal concerns over billionaire Elon Musk PAC giveaway to support Trump

A campaign tactic by Donald Trump ally Elon Musk is raising new legal concerns. The billionaire is offering a big cash prize to battleground state voters who sign a petition for his Trump super ...

Another billionaire investor positions for a Trump win. He’s placing ‘inflation trades.’

Legendary investor Paul Tudor Jones said Tuesday he’s moved his portfolio in the direction of a victory by Donald Trump in the Nov. 5 presidential election, but warned of a potential reckoning over ...

Business - MarketWatch - October 23

Musk v Ambani: Billionaires battle over India's satellite internet

Musk's Starlink and Mukesh Ambani are preparing to face off in India’s satellite broadband market.

Democrats rip Musk as billionaire takes leading role in Trump campaign

Billionaire tech magnate Elon Musk is drawing attacks from top Democrats and concern from election watchdogs as he barnstorms for former President Trump in a crucial swing state. Over the past ...

Politics - The Hill - October 25

‘Anticipatory obedience’: newspapers’ refusal to endorse shines light on billionaire owners’ motives

The Los Angeles Times and the Washington Post both declined to endorse a candidate – a sign of political media capture. When two American billionaires blocked the newspapers they own from endorsing ...

World - The Guardian - October 26

Battle of the billionaires: the mega rich spending to swing the US election

A small number of big spenders are having an outsize effect on fundraising in the 2024 presidential vote

World - Financial Times - October 27

Who is Bidzina Ivanishvili, the shadowy billionaire behind Georgia’s pivot to Russia?

Country’s wealthiest and most influential figure has guided shift away from the west while cultivating an air of mystery. In the winding streets of ancient Tbilisi, one is ever under his watchful ...

World - The Guardian - October 27

The Washington Post is a reminder of the dangers of billionaire ownership | Siva Vaidhyanathan

In blocking the newspaper from endorsing Kamala Harris, Jeff Bezos is not acting cowardly so much as slyly. Last week the Washington Post refrained from endorsing a candidate in the presidential ...

World - The Guardian - October 29

Steve Ballmer: the tech billionaire asking if voters want ‘just the facts’

Former Microsoft boss seeks to build better democracy with data

World - Financial Times - 6 days ago

Revealed: billionaires are ‘ultimate beneficiaries’ linked to €3bn of EU farming subsidies

Thousands of small farms have closed according to analysis of official but opaque data from EU member states. ‘We didn’t realise how hard it is’: small farmers in Europe struggle to get by The ...

World - The Guardian - 5 days ago

A Russian reprieve for JPMorgan?

Trump victory puts a twist in the tale of Moscow vs America’s biggest bank

World - Financial Times - Yesterday

Was the Polymarket Trump whale smart or lucky?

Know thy neighbour, not thy trader

World - Financial Times - Yesterday

Australian territory resumes jailing 10-year-olds

Australia has been under pressure to raise the age of criminal responsibility, in line with UN advice.

Australian teen denies murdering British mum

Emma Lovell, 41, was fatally stabbed during the break-in at her Brisbane home, a court hears.

‘Not my King’ protest row highlights Australian divisions

An Aboriginal senator's heckling of the King ignites debate about how to best address inequality in Australia.

Australian businesses complain they are ‘public enemy number one’

Labor government adopts increasingly populist position ahead of general election due in May

World - Financial Times - October 28

Huge Australian 'fiasco' ship to be mothballed in Edinburgh

Newly-built Spirit of Tasmania is too large to fit the port facilities in Tasmania, so will be stored at Port of Leith.

Woolworths Cuts Expectations for Australian Food Earnings

Australian grocer Woolworths expects fiscal first-half earnings in its key Australian food division to be below previous expectations, as customers continue to be price conscious when facing cost ...

Business - The Wall Street Journal - October 29

Australian man cleared of murdering British woman during break-in

Emma Lovell was fatally stabbed after confronting two intruders in a suburb north of Brisbane in 2022.

Radiohead singer confronts Gaza protester at Australian gig

Thom Yorke hit back at the fan after he heckled the singer over death numbers in Gaza during a performance in Melborne.

PwC accused of interfering in Australian tax leaks probe

Documents reveal PwC International threatened to expel local firm if it co-operated with scandal investigation without permission

Business - Financial Times - November 1

Anglo American Continues Coal Selloff With Australian Disposal

The global miner sold its interest in two steelmaking-coal mines in Australia for around $1.1 billion, advancing its coal-division selloff.

Business - The Wall Street Journal - 4 days ago

Spate of business scandals puts Australian boards on notice

A common thread to the controversies has been whether oversight of the country’s largest companies has been bent to the will of powerful executives

World - Financial Times - 2 days ago

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