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Tuesday, November 11, 2025
TopicBillionaires

Topic: Billionaires

How the rich are fuelling emissions even as they cut them at home

The wealthiest 1% around the world accounts for 15% of all emissions attributed to consumers, but if their carbon footprint is measured by the assets they own, their share jumps up to about 40%.

Soros to Musk, billionaires are hijacking democracy. Forget taxes, restrict their charity

Placing restrictions on where billionaires can do charity is better than letting them play god with governments they think are unacceptable.

Billionaire Showdown: Justin Sun’s TRX vs. Chris Larsen’s XRP, Which Will Dominate the Crypto Market in November?

Tron and Ripple are among the top 10 coins in the world in terms of their market cap. The founders of these coins are...

Xi Jinping’s politics is driving China’s wealthy out of the country–with cash

Chinese citizens are looking for ways to relocate abroad rather than just move their assets. But Xi Jinping’s tactic to exert ‘ethnonationalist power’ won't be easy to escape.

Adidas ends deal with Kanye West over antisemitic remarks, rapper loses ‘billionaire’ status

Adidas was producing Yeezy branded sneakers, which cost between $200-$700. They generated about $1.47 billion in annual sales for Adidas, making up a little over 7% of its total revenue.

Russia’s richest have lost $32 bn in 2022, deepening Ukraine crisis set to make bigger impact

Gennady Timchenko has lost almost 1/3rd of his wealth, while Leonid Mikhelson’s fortune has tumbled $6.2 bn. Lukoil chief Vagit Alekperov’s net worth has declined by about $3.5 bn.

1 billion people are currently experiencing mental ill-health. Yet funding remains very low

Philanthropists’ ability to take risks, and to act quickly and flexibly, makes them ideally placed to drive change in mental health care.

Which Chinese billionaire is in? Who’s out? Watch Communist Party’s birthday bash to know

An invitation to Beijing’s big parties is a tremendous privilege and a sign of official favour. It could spark market pyrotechnics. 

This week, Gautam Adani has lost more money than anyone else in the world

Adani's personal fortune tumbled by around Rs 66,779 cr to Rs 5.01 lakh cr, after ET report on offshore investors. Just days ago, he was closing the gap with Mukesh Ambani as Asia’s richest.

Moderna, CanSino — Covid created 9 new vaccine billionaires. But most poor don’t have a shot

The net wealth of the new vaccine billionaires is enough to buy enough vaccines to fully inoculate everyone in sub-Saharan Africa.

On Camera

India’s fiscal future depends on credibility, not just growth rate

As the era of easy money ends, the gap between the ability to borrow and the credibility to do so will define fiscal resilience. India still has the chance to strengthen both.

No more text-heavy ads, wider scope of services—ICAI’s ethics code overhaul to promote Indian CA firms

Open to public feedback until 26 November, the revised guidelines, among other changes, give CA firms more flexibility to advertise & promote their services.

‘Let them see’: Putin says new nuclear-powered missiles in the making, in message to Washington

At a ceremony felicitating Russian military engineers, Putin highlights Moscow’s 'parity' in defence technologies for the next century.

Bihar is where politics moves, and everything else stands still

Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.