Ant Group, owned by billionaire Jack Ma, has launched a digital bank

In Singapore, the fintech behemoth said that its wholly-owned and Singapore-based subsidiary ANEXT Bank will provide financial services to small and medium-sized businesses in the region, with an emphasis on those with cross-border activities. The company, which is led by former DBS CEO Toh Su Me...

Business tycoons Ambani and Adani to invest in green energy

Highlights

• Mukesh Ambani and Gautam Adani in race to be world leaders in renewable energy
• Adani group is planning to investing US$20 billion in renewable power

Business tycoons and billionaires Mukesh Ambani and Gautam Adani going he...

Chinese Billionaire sentenced for 18 years

Chinese billionaire Sun Dawu, sentenced to 18 years of jail, on Wednesday. Sun was arrested in March this year. He owns a company called Hebei Dawu Agricultural and Animal Husbandry Group.

Sun is a critic of the ruling communist Party. His company works in food production, poultry proce...

GIM SEONG-GON: SOUTH KOREA’S FIRST GREEN ENERGY BILLIONAIRE

Highlights: 

• Gim Seong-Gon is the first person to join the list of Korea’s 50 richest based on his work in green energy.
• He debuts on the list after shares of his CS wind quintupled over the past year. 
• Gim Seong-Gon has a n...

35TH FORBES BILLIONAIRE LIST OF CRYPTOCURRENCY BILLIONAIRES

Highlights:

•       The number of cryptocurrency billionaires increased from 4 in 2020 to 12 in 2021

•       Most of the billionaires are early investors in BTC

With the steady rise of bitcoin, ins...

ARE CHINA’S TYCOONS OUT OF LEAGUE WITH THE REST?

• One day you are right on top of the world, next day you are down in the dumps!  China’s billionaire rankings are as finicky as ever. In 2017,
• Hui Ka Yan, founder of real estate developer China Evergrande Group, was the nation’s most opulent man.

NOT BILL GATES, BUT ELON MUSK IS THE SECOND RICHEST MAN ON THE PLANET

Highlights

• The net worth of Musk jumped $7.2 billion on Monday to $127.9 courtesy of yet another surge in price of Tesla’s shares

• Musk's advancement in terms of wealth is majorly driven by Tesla, whose market value is speedily inching towards the $500 b...

ALIBABA’S TURN TO REJOICE AMIDST STUNNING PROFITS AND IPO BLACKLISTING

• Chinese e-commerce leader Alibaba on Thursday registered 30% year-on-year revenue growth for the July-September quarter, finally delivering some heartening news amidst turmoil over its Ant Group affiliate's abandoned IPO.
• Hangzhou-based Alibaba stated revenue -- a pivotal m...

GINA RINEHART THE MINING MAGNATE TOPPED THE AUSTRALIA’S RICH LIST 2020

HIGHLIGHTS

• Gina Rinehart, popularly known, as mining magnate has once again become the richest person in Australia having expanded her in double in only a year

Ms. Rinehart beat all the contenders with an individual worth $28.89 billion that ha...

$44 BILLION: THE AMOUNT LOST BY WORLD’S TOP TECH TYCOONS ON THURSDAY

September 3, 2020 was one of the worst trading day in last few months and this has immensely affected the wealth of the world’s top 10 tech billionaires. Courtesy of disastrous trading, these world’s top tech tycoons lost nearly $44 billion.
Despite COVID-19 pandemic and econom...

DELHI HC ASKS NETLIX WHETHER IT CAN PROVIDE PRE-SCREENING OF ‘BAD BOY BILLIONAIRES' TO CHOKSI

Latest Netflix documentary ‘Bad Boy Billionaires' is currently in the centre of controversy as Mehul Choksi has knocked the door of Delhi High court against it. The Delhi High Court on Wednesday asked Netflix whether it can provide pre-screening of ‘Bad Boy Billionaires’ to ...

MUKESH AMBANI: THE NEW 4TH RICHEST MAN IN THE WORLD

Highlights

• Mukesh Ambani displaced France's Bernard Arnault, the Chairman, Chief Executive of LVMH Moet Hennesy-Louis Vuitton SE

• As per the Bloomberg Billionaires Index, the net worth of Mukesh Ambani is $80.6 billion

• The net worth of Mukesh ...

NOT LARRY PAGE BUT MUKESH AMBANI IS THE 6TH RICHEST MAN IN THE WORLD

Highlights

• According to the Bloomberg Billionaires Index, the real-time net worth of Mukesh Ambani is $72.4 billion.

• The flurry of investments witnessed by Reliance Jio Platforms has immensely benefited the wealth of Mukesh Ambani as owns stake of 42 percent in R...

100,000 CHILDREN AND FAMILIES WILL RECEIVE HIGH-SPEED INTERNET

Highlights: 

• Chicago has a huge digital disparity as public schools 
• A project is now undertaken to resolve this disparity once and for all 

If anything good at all that has surfaced during the pandemic prominently it is the disparity ...

MUKESH AMBANI'S RIL IS THE FIRST INDIAN COMPANY TO HAVE MARKET VALUATION OF $150 BILLION

Highlights

• In Indian currency, the valuation of Reliance is more than Rs 11 lakh crore

• The stocks of RIL have been heavily boosted by the announcement of RIL becoming net-debt free and Mukesh Ambani jumping to the ninth spot in the list of World’s top 10 ri...

ASIA’S RICHEST MAN MUKESH AMBANI IN THE LIST OF WORLD’S 10 RICHEST

Highlights

• Mukesh Ambani went past Oracle Corporation's Larry Ellison and France’s Francoise Bettencourt Meyer to claim the No. 9 spot

• At present, Mukesh Ambani's net worth stands at $64.5 billion

• The investment spree witnessed by R...

RAGS TO RICHES: THE STORY OF RITESH AGARWAL, FOUNDER OF OYO ROOMS

Highlights

• Ritesh Agarwal started an accommodation portal named ‘Oravel Stays'  

• Agarwal was the winner of Thiel Fellowship and secured grant of $100,000

• In the month of September 2018, OYO Rooms managed to raise funds of $1 b...

BILLIONAIRES CLUB: HOW THE RICH AND FAMOUS ARE SUBTLY WAGING A WAR AGAINST THE CORONAVIRUS

• Billionaires Mukesh Ambani, Anand Mahindra, Anil Agarwal and a host of other business stalwarts have pledged to donate generously to fight the ugly coronavirus.
• Never have the business tycoons gathered on the same page to wage a war against an unfathomable cause as this- to fig...