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LVMH Billionaire Bernard Arnault, the 'Shark' and a Den of Spies Laid Bare in Paris Courtroom
Arnault sought to distance himself from what prosecutors allege was a yearslong intelligence-gathering operation that targeted his foes.Business - The Wall Street Journal - 10 hours ago -
Bernard Arnault’s son steps up in new chapter of LVMH succession saga
Reshuffle at wines and spirits business comes as luxury sector deals with slowing growth and possibility of US tariffsBusiness - Financial Times - November 17 -
LVMH’s Bernard Arnault summoned to court in trial of France’s former spy chief
Billionaire to give evidence as witness in illegal surveillance and influence peddling trial that has gripped FranceWorld - Financial Times - 2 days ago -
Bernard Arnault’s son to take up new job leading LVMH’s struggling drinks division
Tiffany & Co executive Alexandre Arnault, 32, will take up a new position as Deputy CEO of LVMH’s wine & spirits division in February 2025Business - MarketWatch - November 18 -
Bernard Marcus, Co-Founder of Home Depot, Dies at 95
His chain of warehouse-style stores used cavernous interiors and low prices to lure customers.World - The Wall Street Journal - November 5 -
Arnault Son Climbs LVMH's Top Ranks in Further Leadership Reshuffle
Alexandre Arnault, a son of Chairman Bernard Arnault, is being elevated to deputy CEO of the luxury group’s vast wines-and-spirits division.Business - The Wall Street Journal - November 14 -
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 -
What’s a Democratic Billionaire to Do Now?
The party’s donor class is still wrestling with Donald Trump’s victory, worried about retribution and sluggish liberal energy. Some rich Democrats are even pondering leaving the country.Top stories - The New York Times - 2 days ago -
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 - November 21 -
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 - November 21 -
Czech billionaire closes in on deal to buy Royal Mail
Daniel Kretinsky is understood to have offered a series of concessions to the UK government.Top stories - BBC News - Yesterday -
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 - November 20 -
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 - November 20 -
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 - November 21 -
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 - November 20 -
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 - November 20 -
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 - November 20 -
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 - November 21 -
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 - November 21 -
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 - November 22 -
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 - November 22 -
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 - November 22 -
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 - November 22