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Thursday, December 4, 2025
TopicBillionaires

Topic: Billionaires

Billionaire who retired in 40s turns Ironman after ditching job

Scott Farquhar set himself three goals – to get fit, spend time with children and travel. His personal fortune, mostly derived from Atlassian shares, is $10.5 billion

Billionaire promised empire to 3 children, then backtracked. Now, they’re caught in a feud

The dispute began at a family gathering last year, when Zygmunt Solorz and his three children began succession discussions.

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. 

On Camera

Why Bihar migrates has a 500-year old answer — from Mughal taxpayers to peasant warriors

Migration in North India isn’t just due to lack of development today. It was shaped by the evolution of labour markets under Sher Shah, Mughals, and the East India Company.

India’s Russian oil imports are showing up in cryptic new places. The crude map stands redrawn

December oil imports from Russia may drop nearly 50%, but Indian buyers already shifting to non-designated Russian entities and opaque trading channels to keep Russian oil flowing.

From nuclear cooperation to defence, trade to oil, what is expected from Putin’s two-day India visit

New Delhi is interested in firming up bilateral agreements for increased trade, mobility, upgrade of Su-30 MKI fighters and the increased range of BrahMos supersonic missiles.

Gaali cricket: Bavuma stands tall, India’s Test ego cut to size

The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.