Tag: Billionaire

Forbes has released its list of the world’s billionaires. There are more than ever before — and they’re wealthier.
Money

Forbes has released its list of the world’s billionaires. There are more than ever before — and they’re wealthier.

Forbes has released its annual list of the world's billionaires and in 2024, there are more people on the list than ever — and they're richer than ever.There are 141 more billionaires in the world than last year, with 2,781 in total. Their combined worth equals $14.2 trillion — up by $2 trillion in 2023.The 2024 list also broke records set in 2021, with 26 more billionaires on the list and their combined net worth up by $1.1 trillion.  Billionaires themselves are also wealthier, with two-thirds adding to their worth. The top 20 on the list gained the most, adding $700 billion to their combined worth since 2023. And the U.S. has a record 813 billionaires — the most of any country.China has 473 billionaires and India has 200, which set a record for that c...
Gautam Adani’s Wealth Soars By $10 Bn In A Week, Takes 16th Rank In Global Rich List
Business

Gautam Adani’s Wealth Soars By $10 Bn In A Week, Takes 16th Rank In Global Rich List

Gautam Adani's Net Worth Up $10 Billion In 7 Days: A Significant Jump, What's Next?Adani's Net Worth: Stock Rally Propels Adani Up Rich List, Adding a Whopping $10 Billion in a Week What's Next?Gautam Adani, the Indian billionaire and chairman of the Adani Group, has seen his net worth surge by $10 billion in just the past week. His current fortune stands at a staggering $70.3 billion, as per the Bloomberg Billionaires Index.Also Read: Adani Green Energy Rally 18% On Securing $1.36 billion In Follow-On FundingFollowing a surge in wealth, Gautam Adani now occupies the 16th spot on the global rich list, making him the second Indian billionaire to crack the coveted Top 20. He joins fellow countryman Mukesh Ambani, who comfortably holds the 13th position with a net worth of a whopping $90.4 b...
Mark Cuban says he’s leaving “Shark Tank” after one more season
Entertainment

Mark Cuban says he’s leaving “Shark Tank” after one more season

Dallas Mavericks owner and entrepreneur Mark Cuban revealed he is planning to leave "Shark Tank" after filming one more season of the show.Since 2011, Cuban has appeared on ABC's "Shark Tank" as a permanent investor, or "shark," hearing pitches from small business owners to invest in their companies."This is our 15th year. Next year, 16th year, is going to be my last year," Cuban said last week on Showtime Basketball's "All The Smoke" podcast, hosted by former NBA players Stephen Jackson and Matt Barnes. "So one more year to go. It's time." This comes as Cuban is also in the process of selling a majority stake in the Mavericks to casino magnate Miriam Adelson, according to a report in The Dallas Morning News Tuesday. Under the terms of the deal, Cuban w...
Mega Millions winner sues mother of child for blabbing about jackpot
Health

Mega Millions winner sues mother of child for blabbing about jackpot

A recent Mega Millions winner is suing the mother of his child, alleging she violated a nondisclosure agreement when she told his parents about his $1.35 billion jackpot. The Maine man, identified in a lawsuit filed Tuesday as John Doe, beat the stupendous odds and claimed the Mega Millions prize — the fourth largest in the lotto’s history — back in January. He purchased the ticket at Hometown Gas & Grill in Lebanon and opted to cash out with a lump-sum payment of $723,564,144, or nearly $500 million after taxes. According to the lawsuit, initially obtained by the Daily Beast on Wednesday, John Doe learned that his mother’s daughter, listed as “Sarah Smith” in court documents, spilled the beans during “one or more telephone communications” with his father and stepmom back in September...
Tottenham owner Joe Lewis charged by feds with insider trading
Money

Tottenham owner Joe Lewis charged by feds with insider trading

British billionaire and Tottenham soccer team owner Joe Lewis has been indicted on charges of slipping confidential stock tips to his romantic partners, private pilots and other pals, U.S. prosecutors said Tuesday.Lewis exploited his entrée to various corporations to reap lucrative secrets, passed them on to people in his own inner circle and prompted them to trade on the knowledge, prosecutors said. They said the stock transactions made millions of dollars for Lewis and his cronies."As we allege, he used insider information as a way to compensate his employees and shower gifts on his friends and lovers," Manhattan-based U.S. attorney Damian Williams said in a Twitter video announcing the insider trading case. "It's cheating, and it's against the law." ...