Billionaire Len Blavatnik has been ordered to testify about a film he paid for
Rebel Wilson's lawyers asked a Los Angeles judge to help compel testimony from Len Blavatnik, who financed her film The Deb through AI Film.
Billionaire Dilip Shanghvi's company escaped the rule now forcing Tata Sons to list
Dilip Shanghvi's holding company cleared its debts and left the RBI's upper layer in 2023. Tata Sons tried the same thing and has been refused.
Ivorian Palm oil billionaire Jean-Louis Billon has been named an IUCN Patron of Nature in China
The IUCN named SIFCA chairman Jean-Louis Billon a Patron of Nature on Sept. 14, the first from West Africa in the programme's 16-year history.
Tewodros Ashenafi is the man foreign companies use to get into Ethiopia
Tewodros Ashenafi was the local partner on Ethiopia's largest privatisation, a $1.4 billion tobacco deal, and co-owns Ambo with Coca-Cola.
Indian billionaire Satyanarayan Nuwal's Solar buys South Africa's Omnia for $1.4 billion
Solar Industries has agreed to buy Omnia Holdings at 134.5 rand a share, a 14.3% premium, in a deal valuing the JSE-listed group at $1.4 billion.
Billionaire Mike Ashley tightens grip on Hugo Boss as chairman steps down
Billionaire Mike Ashley is tightening his grip on Hugo Boss as Frasers Group raises its stake to 48% and targets majority control of the German fashion house.
Billionaire Aliko Dangote says refinery could pursue U.S. secondary listing
Billionaire Aliko Dangote says his refinery could pursue a U.S. secondary listing in about three to four years after establishing a public trading record in Nigeria.
Nigerian billionaire Aliko Dangote opens Africa's biggest share sale at a $49 billion valuation
The Dangote refinery IPO opened on Sept. 14, offering 4.1 billion shares at N525 to raise $1.63 billion. Trading begins on the NGX in November.
Tanzanian billionaire Edha Nahdi gives $35 million to build 10 hospitals in Kenya
Amsons Group broke ground on the first of 10 mother and baby hospitals it is funding across Kenya with a $35 million grant, Ruto announced.
Billionaire Aliko Dangote goes to China to build a shipping fleet from scratch
Dangote Group will order vessels from Chinese shipyards, with first deliveries as early as 2029, as refinery expansion drives cargo demand.
Billionaire Larry Ellison's Oracle has a record $664 billion of contracted AI revenue
Larry Ellison’s Oracle has reached $664 billion in remaining performance obligations as demand for AI cloud infrastructure drives record growth in its contracted revenue.
Billionaire Mukesh Ambani’s Reliance to raise $1.3 billion in first rupee bond sale since 2023
Billionaire Mukesh Ambani’s Reliance Industries plans to raise $1.31 billion through five-year rupee bonds, its first domestic bond sale since November 2023.
Billionaire Alex Beard pleads not guilty to Nigeria, Cameroon bribery charges
Billionaire Alex Beard, the former head of oil at Glencore, has pleaded not guilty to UK bribery charges linked to alleged corrupt payments involving officials in Nigeria and Cameroon.
Billionaire Lee Jae-yong is buying $1.4 billion of Samsung stock from his own mother
Samsung chairman Lee Jae-yong will buy $1.4 billion of shares from his mother Hong Ra-hee, who borrowed to pay a record inheritance tax bill.
Elon Musk’s Boring Company raises $3 billion at $23 billion valuation
Billionaire Elon Musk’s Boring Company has raised $3 billion at a $23 billion valuation, more than quadrupling its valuation since 2022 as it expands its underground transportation projects.
Geneva's tax authority demands millions from Cameroonian billionaire Paul Fokam
Geneva's tax administration has opened a case against Cameroonian banker Paul Fokam over undeclared wealth during ten years living in Switzerland.