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How billionaires made - and invested - their billions

Wednesday, February 22, 2017 - 05:50

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Bernard Arnault, chairman of LVMH.

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Azim Premji, chairman of Wipro.

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Steven Ballmer, former CEO of Microsoft.

New York

BEING part of the global billionaire class is beyond the imagination of most people. At the threshold of US$1 billion, a 5 per cent return would yield an annual interest payment of US$50 million - without ever touching the principal.

But how billionaires, from those in the

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