Billionaires

Ex-Nvidia manager worth US$4.3 billion after blockbuster China IPO

The company’s prospectus estimates it expects to turn a profit by 2027

Ronaldo, who is currently based in Saudi Arabia, has a net worth of about US$1.4 billion.

Cristiano Ronaldo invests in Perplexity AI, enters partnership

The AI startup signs a global sponsorship agreement with the billionaire footballer

Singapore has 55 billionaires, with six new additions in 2025, according to UBS’ Billionaire Ambitions Report.

Wealth of Singapore billionaires soars 66% to third-highest in Apac at US$258.8 billion

Apac billionaires include the Zhang brothers behind Mixue; Tron blockchain’s Justin Sun

Michael and Susan Dell’s gift will go to the Treasury Department and will fund accounts for an additional 25 million children 10 and under who are not already eligible for the government money.

Michael Dell gives US$6.25 billion to launch ‘Trump Accounts’ for 25 million American kids

The gift builds on the Invest America initiative, created earlier this year as part of Trump’s One Big Beautiful Bill Act

JPMorgan managed US$55.6 billion in Swiss private banking assets at the end of 2024, much of it from domestic clients.

JPMorgan doubles Swiss business by targeting wealthy clients

The bank has boosted staff in Zurich and Geneva by 30% this year

Billionaires have exited the UK amid the changes, which went further than measures outlined last year from the then-ruling Conservative Party.

UK expects bigger non-dom tax take despite billionaire exits

Meantime, other nations, such as Italy and Greece, have lured some of Britain’s globally mobile population

Chagee founder Zhang Junjie (pictured) will marry Gao Haichun, the daughter of Gao Jifan, the founder of renewables giant Trina Solar.

Tea mogul to marry solar heiress in China’s high-society wedding

THE wedding of a tea-shop chain entrepreneur and a solar-panel heiress is set to offer a rare glimpse into the next generation of China’s ultra-wealthy.

Ackman is talking with advisers and has informed some of his firm’s investors of his intent to seek a listing in 2026 – potentially as soon as the first quarter, the newspaper said. Still, the talks are preliminary and the initiative could get shelved depending on market conditions, it said.

Bill Ackman prepares for 2026 Pershing Square IPO, FT says

[NEW YORK] Billionaire hedge fund manager Bill Ackman is revving up a long-anticipated plan to hold an initial public offering (IPO) for his Pershing Square Capital Management, the Financial Times rep...