Billionaire
Billionaire Jim Ratcliffe’s Ineos puts electric SUV plan on hold
JIM Ratcliffe’s Ineos Group is delaying its electric sport utility vehicle, blaming waning consumer demand for EVs and uncertainty around tariffs.
Production of the Fusilier, a smaller vehicle than the...
Who is Rishi Shah? Former Billionaire Who Shocked Top US Investors with $1 Billion Fraud Sentenced to 7.5 Years in Prison
Rishi Shah, the Indian-American cofounder of Outcome Health, has been sentenced to seven and a half years in prison. This sentence comes after his involvement in a $1 billion...
Billionaire Xavier Niel offers to buy Millicom for US$4.1 billion
Atlas, already the top shareholder of Millicom, has been exploring a bid to buy out Millicom shareholders for monthsBillionaire Xavier Niel offered to buy out other shareholders of Millicom...
Billionaire Carlos Slim ramps up oil bets amid buying spree
Carlos Slim, Latin America’s wealthiest man, is boosting oil and gas bets through stakes he holds in US energy firms and increasing his exposure in Mexico, where he partners...
Billionaire Agnellis boost stake in Philips to US$4.19 billion
Italy’s billionaire Agnelli family raised its holding in Royal Philips, giving it a stake worth US$4.19 billion, in a signal of increased confidence in the Dutch medical device manufacturer.The...
Landmark Judgement: Billionaire Coca-cola Heir Alki David Ordered to Pay Record $900 Million to His Employee in a Sexual Assault Case
A Los Angeles jury has ordered Greek billionaire Alki David to pay $900 million in damages to a former employee who accused him of sexual assault. The verdict was...
Report Exposes Tech Billionaire Elon Musk’s Sexual Escapades at Space X
Tech billionaire Elon Musk was involved in a sexual relationship with a former SpaceX intern, whom he subsequently brought onto his executive team, according to a report by The...
Who is Frank Stronach? 91-Year-Old Billionaire Accused of Rape and Sexual Assault Charges Spanning Several Decades
Austrian-Canadian billionaire and founder of Magna International, Frank Stronach, has been arrested on multiple sexual assault charges, according to police. The alleged incidents span several decades, involving accusations that...
