Friday, 19 August, 2022
TopicBillionaires

Topic: Billionaires

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

Ben Stupples -
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

Elisha London -
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

Shuli Ren -
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

Alex Sazonov -
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

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

How Bumble, dating app Priyanka Chopra invested in, made its CEO a self-made woman billionaire

Revathi Krishnan -
Bumble debuted its IPO Thursday at $43. It soared over 70% on trading in New York, valuing CEO Whitney Wolfe Herd’s stake at over $1.5 billion.

Zhong Shanshan, the lone wolf Chinese tycoon who beat Mukesh Ambani to become Asia’s richest

Manojit Saha -
Zhong Shanshan, chairman of Chinese bottled-water company Nongfu Spring, beat Warren Buffett, Larry Page and Steve Ballmer to become the sixth wealthiest person on earth.

Warren Buffett loses spot on world’s rich list to China’s bottled water king Zhong Shanshan

Venus Feng -
It’s only the second time a Chinese national has broken into the world’s Top 10, and no one from the mainland has ever ranked this high on Bloomberg’s wealth index.

Russian billionaire’s son says he didn’t hide $50mn from mother but lost it in trading

Jonathan Browning -
In one of Britain's biggest ever divorce battles, ex-wife of Russian oligarch Farkhad Akhmedov had accused their son of helping his father to hide assets.

Creo Syndicate – the secret club for billionaires who care about climate change

Ben Steverman -
Creo is non-profit and doesn’t have any money of its own but it connects investors with possible partners, and conducts research on technologies.
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Opinion

Sir Ganga Ram hospital Consultants, Residents and DNB students hold placards during a protest in New Delhi, on 30 December 2021 | PTI

Distrust of Indian doctors isn’t new. Class-caste bias always ruled medical profession

Kiran Kumbhar -
As a practising doctor, I discovered large question marks on claims of a trustful patient-doctor relationship in the past. The routine dehumanisation of underprivileged patients remains a rarely mentioned topic.
Narendra Modi | Wikimedia Commons

Revadi jibe shows Modi govt letting its insecurities do the talking, not economics

Bihar CM Nitish Kumar and Deputy CM Tejashvi Yadav | PTI

What Left parties’ decision to not join Bihar alliance means for India’s Dalits, women, MBCs

Economy

Farmers plant paddy saplings in a field | PTI Photo

Good news from the farm as India’s FY22 foodgrain production estimated at record 316 mn tonnes

Sayantan Bera -
Wheat production estimate sees marginal upward revision to 106.8 million tons, though current rate lowest in 3 years.

Defence

Representational image. A file photo of an Indian Air Force Cheetah helicopter. | Photo: Commons

IAF operation underway to rescue Italian mountaineer stranded on Mount Nun in Ladakh

Amogh Rohmetra -
The IAF deployed its ‘Cheetah’ helicopter to rescue mountaineer Federico Nicoli. Mount Nun is the second highest peak in the Zanskar Valley of Ladakh.

National Interest

NI 13.08

Tiranga vs Tiranga: Gloves are off as Kejriwal joins the ‘nationalism’ battle with Modi

Shekhar Gupta -
Kejriwal’s maun vrat on Modi has ended. This is an important turn in Indian politics. In some ways rivalling the dramatic turn in Bihar.

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