Billionaire

Hong Kong’s latest bubble tea IPO mints another billionaire
Hong Kong’s latest bubble tea IPO mints another billionaire
CHINA’S insatiable appetite for bubble tea has spawned another billionaire.Guming Holdings’ US$233 million Hong Kong initial public offering (IPO) bolstered the value of the stake owned by its millennial...
Hong Kong’s latest bubble tea IPO mints another billionaire
Hong Kong’s latest bubble tea IPO mints another billionaire
CHINA’S insatiable appetite for bubble tea has spawned another billionaire.Guming Holdings’ US$233 million Hong Kong initial public offering (IPO) bolstered the value of the stake owned by its millennial...
Thai billionaire Charoen to retire as Frasers Property chairman; other board changes announced
Thai billionaire Charoen to retire as Frasers Property chairman; other board changes announced
FRASERS Property announced on Friday (Feb 7) evening that its board chairman, Thai billionaire Charoen Sirivadhanabhakdi, will retire from office on Feb 8, 2025.He will be succeeded by Chumpol...
Billionaire McCourt says he is open to teaming up on a TikTok bid – The Business Times
Billionaire McCourt says he is open to teaming up on a TikTok bid – The Business Times
US BUSINESSMAN Frank McCourt is open to teaming up with other buyers on a bid to take over the US operations of TikTok as long as he can maintain...
Rakuten billionaire justifies mobile arm losses with big AI bet – The Business Times
Rakuten billionaire justifies mobile arm losses with big AI bet – The Business Times
RAKUTEN Group’s chief dismissed sceptics who call the Japanese e-commerce pioneer’s mobile foray a mistake and said the telecom arm is central for future growth through artificial intelligence (AI).A...
Ultraman toymaker becomes a billionaire after frenzied Hong Kong IPO
Ultraman toymaker becomes a billionaire after frenzied Hong Kong IPO
THE frenzy over a toymaker’s Hong Kong initial public offering has created a new billionaire. Zhu Weisong, founder and chairman of Bloks Group, was catapulted into the ultra-rich ranks after...
Trump, Dubai billionaire unveil US billion for data centres
Trump, Dubai billionaire unveil US$20 billion for data centres
PRESIDENT-elect Donald Trump announced an investment of at least US$20 billion from Hussain Sajwani, the head of Damac Group, to build new data centres in the US. Trump said...
Trump, Dubai billionaire unveil US billion for data centres
Trump’s Dubai billionaire ally vows US$20 billion for data centres
SINCE Donald Trump was first elected in 2016, Hussain Sajwani, the head of Damac Group, wanted the world to know he was the US president’s man in the Middle...
Seven billionaire founders rode India’s IPO boom in 2024
Seven billionaire founders rode India’s IPO boom in 2024
A BLOCKBUSTER year for initial public offerings in India catapulted seven entrepreneurs into the US dollar billionaires league, many of them early movers in the country’s booming renewable energy...
Billionaire Li Ka-shing’s Hutchmed in US8 million health unit stake sales
Billionaire Li Ka-shing’s Hutchmed in US$608 million health unit stake sales
HUTCHMED (China), controlled by tycoon Li Ka-shing, is selling stakes in its health subsidiary for around US$608 million as the billionaire and his flagship conglomerate look to ramp up...