Billionaire Michael Dell's $10.9 million Boston penthouse opens at $6.5 million
Michael Dell is auctioning his Boston penthouse with bidding from $6.5 million, 40% below the $10.9 million he paid for it in 2016.
Otobong Tommy
Reporter
Otobong Tommy is a business writer and researcher with a background in public administration. She has worked with media and policy-adjacent institutions including Ventures Africa and NAEC, contributing to research and business reporting.
Billionaire Aziz Akhannouch's party loses Morocco's election and a third of its seats
Morocco's PAM won 97 of 395 seats in provisional results, while Prime Minister Aziz Akhannouch's RNI fell from 102 seats to 66 on 38% turnout.
Nigerian oil tycoon Abdulrahman Bashar's Abuja mansion is sealed over $40 million debt
Bailiffs enforced court orders against Abdulrahman Musa Bashar's properties in Lagos and Abuja over a $40 million judgment debt.
Indian billionaire Anil Agarwal is building what would be Africa's largest copper smelter
Konkola Copper Mines, 79.4% owned by Anil Agarwal's Vedanta, says a new smelter will add 70,000 tonnes a year and be the largest in Africa.
Australian billionaire Oliver Curtis seeks $10 billion for Nvidia chips before Firmus's ASX float
A company founded seven years ago in Sydney is borrowing $10 billion to buy chips for a data centre in Indonesia, ahead of a listing reportedly valuing it above Canva. One of its co-chief executives went to prison for insider trading in 2016.
Soccer Legend Thierry Henry lists his New York penthouse for $25 million
Thierry Henry went house-hunting in Manhattan in 2010, the summer he left Barcelona for the New York Red Bulls. Sixteen years and one renovation later, the penthouse he settled on is for sale and he has moved into football ownership instead.
Workday's Dave Duffield, 85, builds a third $1 billion company
David Duffield took PeopleSoft public, then Workday. At 85 he has done it a third time, with a company he has funded with $400 million of his own money and whose chief executive he meets for breakfast every week.
Ethiopian billionaire Mohammed Al-Amoudi's failed refinery cost Morocco $7 billion
Mohammed Al-Amoudi bought Morocco's only refinery for 4 billion dirhams in 1997. It shut in 2015 owing over $4 billion and has never reopened.
South African billionaire Lazarus Zim lost everything in 2008 and rebuilt it without borrowing
Lazarus Zim's Afripalm Resources collapsed when banks called in his pledged Northam shares. He returned through a structure that could not be margin-called.
Billionaire Vivek Ramaswamy's fortune hits $2.3 billion as he runs for governor
Vivek Ramaswamy was worth $1 billion in March 2025. He is worth $2.3 billion now, while campaigning for governor of Ohio and if he wins in November, only Donald Trump and J.B. Pritzker would outrank him among America's elected officials.
Billionaire Nvidia boss Jensen Huang puts the chance AI ends the world by 2030 at zero
Four AI subscribers say the industry's leaders illegally agreed to make their products improve more slowly. Jensen Huang, whose chips those products run on, says the risk they were guarding against is a doomsday narrative with a zero per cent chance of materialising.
French billionaire Vincent Bolloré promises President Tinubu more investment in Nigeria
Vincent Bolloré told Bola Tinubu his group will deepen its Nigerian operations, in a market where DStv and GOtv have been shedding customers.
Billionaire LeBron James's wife Savannah buys into a Los Angeles volleyball team
Savannah James has taken a stake in LOVB Los Angeles, a women's volleyball franchise launching in 2027, alongside Issa Rae and Alexis Ohanian.
Billionaire Patrice Motsepe is taking 78% of Alexander Forbes without paying for most of it
Alexander Forbes is taking on a R2.1 billion loan to buy out Prudential, a transaction that lifts Patrice Motsepe's stake from 49.88% to 77.94%.
Billionaire Masayoshi Son's AI debt grows as OpenAI's IPO slips past 2026
Masayoshi Son built his OpenAI financing around an eventual listing that would let him borrow against a market price. Sam Altman has now said it will not happen this year. The borrowing has continued regardless, and the cost of insuring SoftBank's debt is rising.
South African billionaire Zunaid Moti's free schools for Malawi are not actually free
Malawi says it will get 450 schools and clinics from Zunaid Moti's African Hero at no cost. The foundation's brochure says payment follows delivery.