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Thursday, August 21, 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

New insolvency frameworks to shorter timelines, how 2025 amendment bill proposes to transform IBC

New bill aims to fix key issues with IBC 2016, including delays & patchy implementation, and protect creditors, with window for genuine promoters to retain control of their companies.

First-of-its kind tri-services conference Ran Samvad to take place in Army War College next week

Billed as the military’s own version of Raisina Dialogue, the event will spotlight on tech-driven warfighting, lessons from Operation Sindoor and release of three new doctrines.

War of IAF, PAF doctrines: As Pakistan obsesses over numbers, India embraces risk, wins

Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?