American chip billionaire Lisa Su's AMD to invest $1 billion in Meta
AMD, the chipmaker run by American billionaire Lisa Su, will buy $1 billion of Meta shares as the two companies expand their AI computing partnership.
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American fast-fashion billionaire Richard Saghian buys $31 million New York penthouse
Fashion Nova founder Richard Saghian, who owns the 105,000-square-foot Bel-Air mansion known as The One, has paid $31 million for a Manhattan penthouse.
American billionaires Tarek Mansour and Luana Lopes Lara face felony charges in Utah
Utah has charged prediction market Kalshi and its billionaire co-founders Tarek Mansour and Luana Lopes Lara with promoting illegal gambling. Kalshi called it political overreach.
American billionaire Rick Jackson's Georgia governor campaign spends $220 million
Rick Jackson, the founder of Jackson Healthcare, has spent about $220 million chasing the Georgia governor's office, with nearly $165 million going to TV ads.
French telecom billionaire Xavier Niel wins India approval for $5.8 billion Vodafone stake
French billionaire Xavier Niel won Indian approval for his £4.4 billion purchase of a 16.2% Vodafone stake, which will make him the group's largest shareholder.
American billionaire Michael Bloomberg pours $36 million more into Democrats days before US midterms
American billionaire Michael Bloomberg is giving Democrats another $36 million before the midterms, lifting his spending this cycle to about $116 million.
Sugar company controlled by Africa's richest man swings to $56 million profit
Nigerian billionaire Aliko Dangote’s Dangote Sugar swung to a $55.9 million nine-month profit after a N485.9 billion rights issue cut its borrowings by nearly 90%.
Late Italian billionaire Giorgio Armani's fashion house weighs LVMH, L'Oréal for 15% stake
The fashion house built by late Italian billionaire Giorgio Armani is weighing LVMH, L'Oréal and EssilorLuxottica as buyers for the first 15% of the company.
American billionaire Mark Zuckerberg's Meta could burn $71 billion next year, S&P says
S&P Global Ratings turned negative on Meta, the company controlled by billionaire Mark Zuckerberg, warning its AI spending could drain $71 billion in 2027.
American chip billionaire Jensen Huang's Nvidia defends his meetings with suspected Chinese spy
Nvidia says billionaire CEO Jensen Huang did nothing unusual in meeting a Chinese executive whom U.S. intelligence officials concluded was gathering information for Beijing.
Burkinabe billionaire Idrissa Nassa's Coris Bank posts $106 million nine-month profit
Coris Bank International, the lender founded by Burkinabe billionaire Idrissa Nassa, raised nine-month profit 17.8% to $106 million as customer deposits surged.
Nigerian billionaire Aliko Dangote wins Kenya case over $16 billion refinery
A Kenyan tribunal has dismissed a consumer group's challenge to Nigerian billionaire Aliko Dangote's planned $16 billion oil refinery in the coastal county of Lamu.
South African billionaire Patrice Motsepe's mining executive faces ban bid over tax filing
Assore wants a court to bar an executive at Patrice Motsepe's African Rainbow Minerals after their jointly owned miner missed a tax deadline.
Indian billionaire Mukesh Ambani's Reliance posts record $3.1 billion second-quarter profit
Reliance Industries, led by Indian billionaire Mukesh Ambani, posted record second-quarter profit of $3.1 billion as fuel margins soared and Jio reported its first results.
American billionaire Elon Musk's SpaceX loses $500 billion in value in a month
SpaceX shares fell to a nine-week low of $135.90, wiping more than $500 billion off the market value of Elon Musk's rocket and AI company.
Chinese billionaire Yahui Zhou's Nigerian fintech OPay pulls $304 million New York IPO
OPay, the Nigerian payments app founded by Chinese billionaire Yahui Zhou, has called off its $304 million New York listing after an unnamed foreign inquiry.