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U.S. indicts Indian billionaire Gautam Adani in $265 million bribery scheme
Gautam Adani, one of the world's richest people, is accused of concealing that a solar energy project was being facilitated by an alleged $265 million bribery scheme.Top stories - CBS News - 6 days ago -
Michael Bloomberg’s $50 million donation to Harris campaign could be half of what the billionaire’s real estate is worth
From the Hamptons to the Bahamas, Bloomberg has amassed an incredible portfolio of lavish properties around the globe.Business - MarketWatch - November 4 -
With Senate control at stake, these billionaires and groups have spent over $160 million on this one Montana race
Billionaires are keeping a close eye on Montana’s Senate race and have poured an unprecedented amount of money into the state, hoping to tilt the fight to control the Senate.Business - MarketWatch - November 4 -
Here’s your $22 million chance to be neighbors with Bill Gates or Jeff Bezos, and why billionaires love this town so much
A staggering waterfront “smart home” that is located in a billionaire-loved Seattle suburb has been put on the market for $22 millionBusiness - MarketWatch - November 20 -
Banana auction billionaire's $30 million investment in Trump's crypto token highlights new ways to enrich president-elect
Billionaire Justin Sun, who paid $6.2 million for a banana at auction, has invested $30 million into Donald Trump's crypto venture token.Business - CNBC - Yesterday -
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 -
China loses third of its billionaires as economy falters
ByteDance chief Zhang Yiming leads country’s ‘rich list’ with $49bn fortuneWorld - 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 resultsWorld - 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 -
Gautam Adani charged in US over alleged $250mn bribery scheme
Prosecutors accuse tycoon and others of lying to investors and offering millions in bribes to land lucrative contractsWorld - Financial Times - 6 days ago -
US charges Indian billionaire Adani over alleged $250m bribery scheme
The Adani Group has denied the allegations of bribery and fraud, calling them "baseless".Top stories - BBC News - 6 days ago -
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 dataWorld - Financial Times - November 2 -
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 - November 3 -
Australian billionaire Ellison to leave miner over ‘profoundly disappointing’ conduct
Mineral Resources shares fall 10% after board concludes founder used company resources for personal benefitWorld - Financial Times - November 4 -
A Russian reprieve for JPMorgan?
Trump victory puts a twist in the tale of Moscow vs America’s biggest bankWorld - Financial Times - November 7 -
Was the Polymarket Trump whale smart or lucky?
Know thy neighbour, not thy traderWorld - Financial Times - November 7 -
For billionaire Mark Cuban, luxury real estate in a prime location trumps politics
Though the ‘Shark Tank’ star and entrepreneur has been a vocal critic of Donald Trump, he still hangs on to his lux N.Y. condo in the Trump tower.Business - MarketWatch - November 11 -
How billionaires could benefit from Trump's second term
Billionaires backed President-elect Donald Trump's bid to get back in the White House, but now that the deal is done, what could they get in return? CBS News investigative reporter Dan Klaidman ...Top stories - CBS News - November 12 -
Olav Thon, billionaire Norwegian real estate developer, dead at 101
Olav Thon, a billionaire entrepreneur recognizable for his bright red cap who went from selling leather and fox hides in his youth to build one of Norway’s biggest real estate empires, has diedWorld - ABC News - November 16 -
Be brave and impose minimum tax on world’s billionaires, urges Spanish minister
Carlos Cuerpo calls on G20 leaders to act and says election results show citizens want redistribution of wealth. Spain’s economy minister has urged the world’s richest countries to “be brave” and ...World - The Guardian - November 18 -
Gautam Adani takes on plan to redevelop Mumbai’s biggest slum
Locals and opposition parties denounce tycoon’s bid to rehouse 1mn people in crowded part of India’s financial capitalWorld - Financial Times - November 20 -
Billionaire Poonawallas buy £42mn Mayfair property despite non-dom fears
Purchase of block on upmarket Grosvenor Square comes ahead of tax changes for wealthy international investorsBusiness - Financial Times - November 20 -
Walmart hits new highs and Target dives after earnings as rivals diverge even more
Both discounters are contending with price-conscious shoppers, but Walmart reported improving trends with discretionary merchandise.Business - CNBC - 6 days ago -
Comcast's cable network spinoff may be a signal to the media industry for necessary change
Comcast may be proceeding with a transaction as a signal to the rest of the media industry that consolidation is necessary.Business - CNBC - 6 days ago -
Billionaire Gautam Adani charged in New York with massive fraud, bribery scheme
Gautam Adani and others are accused in the New York indictment of paying Indian government officials $250 million to secure solar energy supply contracts.Business - CNBC - 6 days ago -
Billionaire Gautam Adani charged in US over alleged $250m bribery plot
Indian chair of Adani Group, worth about $85bn, accused of agreeing to pay bribes to obtain solar energy contracts. Gautam Adani, one of the world’s richest men, has been indicted in New York over ...World - The Guardian - 6 days ago -
Former billionaire investor Sung Kook ‘Bill’ Hwang sentenced to 18 years
Jury had convicted Hwang on criminal charges over Archegos collapse, which cost Wall Street more than $10bn. The former billionaire investor Sung Kook “Bill” Hwang was sentenced to 18 years in ...World - The Guardian - 6 days ago -
Who is Gautam Adani, the Indian billionaire charged in the US over bribery plot?
Adani, widely regarded as one of the wealthiest and most powerful men in India, has close ties to Modi’s government. Gautam Adani is widely regarded as one of the most powerful men in India, as ...World - The Guardian - 6 days ago -
Bluesky CEO Jay Graber says X rival is 'billionaire proof'
Bluesky CEO Jay Graber told CNBC that the social media app's open design could thwart potential acquisition efforts.Business - CNBC - 5 days ago -
Elon Musk Jabs at Billionaire Rival Jeff Bezos Over Trump
The world’s two richest men got into it on Musk’s social-media platform X over the election.Business - The Wall Street Journal - 4 days ago -
Will US charges hit business ambitions of billionaire ally of India's PM?
The charges could jeopardise the ambitions of one of the world’s richest men, both at home and abroad.Top stories - BBC News - 5 days ago -
How the world's 431 women billionaires make, spend and give away their fortunes
Women are more likely to emphasize a philanthropic focus on nonprofit and social organizations.Business - CNBC - 5 days ago -
How the world's 431 women billionaires make, spend and give away their fortunes
As women grow their share of global wealth, they’re also becoming a larger share of the billionaire class, with a new set of goals and philanthropy, according to a new report.Top stories - NBC News - 4 days ago