Cloudflare billionaire Matthew Prince accused of meddling in Vail board fight
Vail Resorts says Cloudflare co-founder Matthew Prince introduced two of hedge fund Oasis's board nominees. Prince, who wants Park City Mountain, denies steering the bid.
Egyptian fintech tycoon Mounir Nakhla's MNT-Halan valued at $775 million on stock debut
Shares of MNT-Halan, the fintech group founded and run by Mounir Nakhla, closed 6.6% above the IPO price on their first day of trading.
American billionaire Michael Bloomberg gives Democrats $80 million before US midterms
Michael Bloomberg, the billionaire founder of Bloomberg LP and former New York City mayor, has given Democrats about $80 million ahead of the November midterms.
American billionaire Michael Dell helps SK chairman Chey Tae-won fund $711 million divorce
A Michael Dell family fund is paying $410 million for SK Inc. shares that SK Group chairman Chey Tae-won is selling to pay his ex-wife.
American billionaire Elon Musk's SpaceX and Tesla explore $3.5 trillion merger
SpaceX and Tesla have each formed special committees to study a merger, Elon Musk said, in what would be the largest corporate deal ever.
Nigerian billionaire Aliko Dangote receives second shipment of machinery for $16 billion Kenya refinery
Nigerian billionaire Aliko Dangote’s planned $16 billion Kenya refinery has received a second shipment of 154 pieces of machinery at Lamu Port.
American billionaire Laurene Powell Jobs buys $250 million stake in HBO owner Skydance
Laurene Powell Jobs, Emerson Collective founder and widow of Steve Jobs, paid $250 million for Skydance shares that have since lost 43% of their value.
Japanese billionaire Masayoshi Son eyes $30 billion Allied Universal takeover for AI robots
Masayoshi Son’s SoftBank is considering an acquisition of Allied Universal that could be valued at nearly $30 billion, including debt, as the Japanese billionaire expands his AI and robotics ambitions.
Nigerian entrepreneur Nonso Okpala's stake in VFD Group climbs to $14.6 million
Nonso Okpala helped start VFD Group from a Lagos parking space. His family office's stake in the listed investment firm is now worth $14.6 million.
Nigerian billionaire Femi Otedola hosts Dangote, Rabiu at dinner for Lagos governor hopeful
Femi Otedola hosted Aliko Dangote and Abdul Samad Rabiu at a dinner honouring Obafemi Hamzat, the ruling party's candidate for Lagos governor in 2027.
Russian billionaire Alisher Usmanov eyes a return to Everton football club
Sanctioned metals billionaire Alisher Usmanov has been linked with a return to Everton after its American owners put the Premier League club up for sale.
American billionaire Larry Ellison loses $15 billion as AI debt fears hit Oracle
Larry Ellison's Oracle stake lost about $15 billion in value last week as fears over AI borrowing spread from CoreWeave to Oracle's shares.
Moroccan billionaire Aziz Akhannouch leaves office after five years as prime minister
Aziz Akhannouch, whose family controls Morocco's biggest fuel distributor, handed over to Fatima Ezzahra El Mansouri and said he leaves with a clear conscience.
Nigerian billionaire Aliko Dangote eyes Egypt oil refining in $15 billion plan
Africa's richest man says refining and petrochemicals will lead his Egypt plans, with spending of at least $10 billion that could rise past $15 billion.
Moroccan billionaire Moulay Hafid Elalamy shares his 10 rules for building a business
Saham founder Moulay Hafid Elalamy gave Moroccan and African business owners 10 rules, from staying tax-compliant to knowing when to sell a company.
Nigerian tycoon Tony Elumelu leads push for $15 billion West Africa investment pipeline
Tony Elumelu is co-leading a West African summit whose pipeline holds 26 projects worth more than $10 billion, with organizers targeting $15 billion by November.