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Wednesday, September 10, 2025
TopicBillionaires

Topic: Billionaires

Indians are getting richer faster than people of any other economy, but there’s a problem

India is estimated to overtake China as the fastest wealth-accumulating country in the world soon, but this fortune will be concentrated in the hands of a tiny minority.

These new Indian billionaires are racing ahead as the old ones are fading away

Number of billionaires in India more than doubled to 119 between 2013 & 2018 & the country will lead global growth in ultrahigh net worth individuals.

Australian billionaire James Packer may end family empire with Wynn’s on-off bid

James Packer's casino operator Crown Resorts Ltd. said it was discussing a $7 billion sale with Wynn Resorts, but the deal gave way hours later.

India’s 23 richest people saw $21 billion vanish in 2018

Lakshmi Mittal, who controls the world’s largest steelmaker, led the way, losing $5.6 billion.

The Indian-Canadian ‘Kardashians’ whose desire for the glam life landed them in jail

Jyoti & Kiran Matharoo dated a slew of Nigerian billionaires, but despite a run-in with international law, The New York Times reports that the sisters continue to flaunt their extravagant lifestyles.

Forget millionaires. Listen to the billionaires

When successful, intelligent, accomplished people tell their life story, you listen very carefully.

On Camera

Tamil Nadu politics is fracturing. Vijay entry can shake things up

There is an overall sense of ennui with the cynical, established and entrenched parties and politicking in the state.

What’s behind bond yields’ logic-defying spike? The market’s concern over the future

While bond yields tend to fall amid low inflation & interest rate cuts, market experts say they’ve been rising due to concerns over tax collections, fiscal deficit & potential impact of US tariffs.

Denmark tweaks its banned exports list, delivery of critical system for Tejas MK 1A starts 

HAL has produced 10 Tejas Mk 1A and is now awaiting further deliveries of engines from American firm GE—delayed by two and half years, so far.

Punjab is fast becoming the new Northeast. And there’s a message in it for Modi

In its toughest time in decades because of floods, Punjab would’ve expected PM Modi to visit. If he has the time for a Bihar tour, why not a short visit to next-door Punjab?