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TopicBillionaires

Topic: Billionaires

School dropout James Dacombe just became Europe’s youngest self-made billionaire

James Dacombe, 25, is the founder of AI chip company Olix and medical technology startup CoMind. He says one advantage of starting young was ‘naivety’.

Indian-origin entrepreneur Vinod Khosla to buy NFL’s Seattle Seahawks for record $9.6 billion

Vinod Khosla, who has a net worth of $13.7 billion, is the founder and managing director of Khosla Ventures, a Silicon Valley-based venture capital firm.

Indian billionaires to get richer after National Exchange files for IPO

Premji is among the biggest holders in the NSE. While he has has not indicated that he will sell his shares, the values of his stake is set to exceed $1 billion.

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.

On Camera

Srinagar’s cinemas may have gone dark. Kashmir’s love for films never did

It seemed like J&K's battered past had taken a backseat, even if it was for the four days of the international film festival.

Global funds sour on India stocks as some cut allocation to zero

Weak corporate earnings and the lack of an AI investment theme are prompting global investors to cut India exposure.

‘Society as battlefield’: NATO cites Indian military paper on cognitive warfare. What it says

In a seminal work, former military officers Lt. Gen. D.S. Hooda & Lt. Col. Pavithran Rajan put forth a framework to approach cognitive warfare, called Socio-Technical-Cognitive Battlespace.

The real BRICS story is what China, Russia want & India wishes

India, China and Russia share more contradictions than congruence. Each has a different worldview, as also a different adversary. The rude fact is that BRICS is the most irrelevant of all such groupings.