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
Cristiano Ronaldo invests in Perplexity AI, enters partnership
The AI startup signs a global sponsorship agreement with the billionaire footballer
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 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 doubles Swiss business by targeting wealthy clients
The bank has boosted staff in Zurich and Geneva by 30% this year
Swiss reject millionaire inheritance tax fearing exodus of rich
The plan is opposed by 78.3% of the electorate
Hong Kong tycoon Henry Cheng seeks sale of some Rosewood hotels
The group has 58 properties around the world
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
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.
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...