Spanish golfer Jon Rahm got $26 million from LIV Golf before bankruptcy
Saudi-backed LIV Golf paid Jon Rahm $26 million, Bryson DeChambeau nearly $13.9 million and its executives $15.6 million before filing for bankruptcy, records show.
Google billionaire Sergey Brin leads $317 million fight against California billionaire tax
Google co-founder Sergey Brin and fellow tech billionaires have put $316.7 million into defeating California's one-time billionaire tax, nine times what supporters have raised.
Late South African billionaire Douw Steyn’s former home is now Africa’s leading luxury boutique hotel
The Saxon, the Johannesburg home of late billionaire Douw Steyn where Nelson Mandela wrote his memoir, holds Africa’s top luxury boutique hotel title.
Moroccan tycoon Mohamed Adil Rtabi’s Jet Energy targets $38 million IPO
Moroccan tycoon Mohamed Adil Rtabi is preparing to take Jet Energy public, with the solar business seeking up to $38.2 million to finance expansion across Africa.
South African financier Magda Wierzycka wins vote to give Sygnia executives $37 million in shares for 1 cent each
Sygnia shareholders backed Magda Wierzycka’s plan to give executives 10 million more shares at 1 cent each, despite opposition from her former partner.
Walmart billionaire Rob Walton backs Kenya's $160 million wildlife plan
A Kenyan conservation initiative links philanthropic wealth associated with Walmart heir Rob Walton to a $160 million programme protecting wildlife and supporting local communities.
Taiwanese billionaire Chang Yung-fa’s foundation sues heirs over $3 billion estate
Nearly a decade after shipping billionaire Chang Yung-fa died, his foundation is pursuing his heirs and estate executors over a disputed charitable commitment worth NT$1 billion.
Ugandan tycoon Patrick Bitature ends seven-year $17 million fight with South African lender
Ugandan tycoon Patrick Bitature has settled a seven-year, $17 million legal battle with South African lender Vantage Capital, ending 34 cases in two countries.
American billionaire Palmer Luckey helps launch $200 million military dog-cloning startup
Warhound, started by Anduril founder Palmer Luckey and Colossal Biosciences chief Ben Lamm, raised $200 million to clone and gene-edit working dogs for the military.
American billionaire surgeon Gary Michelson asks California voters for $8.4 billion research bond
American billionaire Gary Michelson is bankrolling a California ballot measure that could steer about $4.2 billion to a Los Angeles institute he co-founded.
Kenya defends $327 million Dangote pipeline deal after backlash
Kenya’s Treasury chief has defended the sale of a 24.76% stake in Kenya Pipeline Company to Aliko Dangote, dismissing allegations of political interference.
Mukesh Ambani’s $3.2 billion Jio IPO attracts more than $16 billion in bids
Mukesh Ambani’s Jio Platforms has drawn more than $16 billion in estimated demand for its $3.2 billion IPO, India’s largest share sale.
Irish billionaire John Collison nominated to Microsoft board as two directors exit
Stripe co-founder John Collison has been nominated to Microsoft's board, bringing his technology and entrepreneurial experience to the company as two directors prepare to depart.
Nigerian agribusiness tycoon John Alamu’s Johnvents set for $72 million World Bank loan
The World Bank's private-sector arm plans to lend $72 million to John Alamu's Johnvents for new sesame and cashew processing plants in West Africa.
South African billionaire Johann Rupert's Reinet names longtime financial manager as CFO
Reinet Investments, the investment firm led by South African billionaire Johann Rupert, has appointed Raymond Hyman as chief financial officer from January 2027, succeeding Diane Longden.
Nigerian billionaire Aliko Dangote grooms three daughters to run his $58 billion empire
Africa's richest man is handing more of his empire to his three daughters as a refinery IPO lifts his fortune toward $58 billion.