Billionaires
Billionaire Aponte passes on shipping giant MSC to heirs
Aponte has a net worth of at least US$37 billion
Wealthy Middle East residents are house-hunting in Europe to escape war
Investors who might have ploughed money into the most popular Gulf property markets are also examining alternatives
Indonesia’s richest man sells stakes as ownership rules tighten
Petrindo’s share sale serves as a market signal, as its 15.9% free float already met requirements
Malaysian tycoon Syed Mokhtar said to mull property company IPO
WM Senibong develops property including luxury homes in Malaysia’s Johor state
World’s richest notch second-biggest one-day gain on Iran tumult
The surge comes almost exactly one-year after the richest gained a record US$304 billion in a day
Billionaire Bill Ackman pitches 56 billion-euro Universal Music deal to boost shares
UMG shareholders who agree to the deal will get 9.4 billion euros in cash, plus 0.77 shares of the new company
Billionaires step in as Thailand battles rising living costs
The initiative is part of a government-backed campaign dubbed ‘Thais Helping Thais’
China targets offshore trusts in tax crackdown on ultra-rich
Authorities in provinces and cities have demanded the owners of these structures report detailed financial information: sources
Super rich regain zest for Hong Kong as war stokes Gulf unease
The city’s new family offices rise 25% to 3,384 at the end of last year
Low Tuck Kwong sues Peter Kwee for A$9.6 million over alleged material defects
This pertains to a S$32.2 million agreement to buy out Kwee’s shares in three companies that own properties
