Tuesday, 7 December, 2021
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Topic: Billionaires

Representational image | Wokandapix from Pixabay

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. 
File photo of Gautam Adani | Photographer: Adeel Halim | Bloomberg

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.
A nurse handles a vial of the the Pfizer-BioNTech Covid-19 vaccine at the Wolfson medical center in Holon (representational image) | Israel Kobi Wolf | Bloomberg

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.
A file photo of Whitney Wolfe Herd, founder and chief executive officer of Bumble. | Photo: Patrick T. Fallon/Bloomberg

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

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.
File image of Zhong Shanshan | Facebook

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

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

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

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.
Protesters hold a placard during the global climate strike in New Delhi Friday. | ANI

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

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.
Netflix | Bad Boys Billionaires

Don’t look at Netflix’s Bad Boy Billionaires for closure. Love-hate relationship will go on

Indians' worshipped their bad boy billionaires Vijay Mallya, Nirav Modi and Subrata Roy, until their ultra-rich idols ran into legal hurdles.
Illustration: Ramandeep Kaur | ThePrint

Bezos, Branson & Musk — Are billionaires popularising space travel or just on an ego trip?

Jeff Bezos will travel to the edge of space in his New Shepard aircraft — more than a week after billionaire Richard Branson defeated him in a fast developing space race.