American billionaire investor Nelson Peltz offers $1.4 billion to buy Wendy's
Nelson Peltz's Trian, which owns 16.3% of Wendy's, has offered $7.35 a share in cash to take the struggling burger chain private.
Billionaire news
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.
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.
Nigerian billionaire Wale Babalakin readies Lagos airport terminal for flights across Africa
Nigerian lawyer and businessman Wale Babalakin inspected new regional arrivals facilities at the Lagos terminal his company runs, days after settling a 20-year dispute.
Russian fishing billionaire Vitaly Orlov sues Norwegian newspaper over sanctions reports
Vitaly Orlov, owner of Russian fishing group Norebo, is suing The Barents Observer, a six-person Norwegian outlet, for defamation in London's High Court.
Czech arms billionaire Michal Strnad offers $33.6 billion for Ray-Ban family's empire
Czech defense billionaire Michal Strnad has offered €30 billion for Delfin, the Del Vecchio family holding company that controls Ray-Ban maker EssilorLuxottica.
American media mogul Byron Allen makes nearly $20 million selling his Starz stake
Media mogul Byron Allen has sold his entire 10.7% stake in Starz for almost $45 million, nearly doubling his money in about six months.
American billionaire Michael Dell laughs off talk of buying Everton football club
Dell Technologies founder Michael Dell dismissed talk that his family wants to buy Everton, weeks after the club's American owners put it up for sale.
American billionaire Len Blavatnik gives Yale $10 million for inflammation research
The Blavatnik Family Foundation, led by Warner Music owner Len Blavatnik, gave Yale's medical school $10 million to study how inflammation drives disease.
U.S. billionaire Herbert Wertheim lets 74 Nobel winners choose where his money goes
Florida optometrist and inventor Herbert Wertheim is handing 74 Nobel laureates the power to decide which charities receive millions of dollars of his fortune.
American grocery billionaire Charles Butt shows 90 works by O'Keeffe, Pollock in Houston
More than 90 works of American modern art from the private collection of H-E-B chairman Charles Butt go on show at a Houston museum.
American billionaire Michael Bloomberg gives 14 cities up to $750,000 for housing
Michael Bloomberg's foundation picked 14 US cities, including Miami, Pittsburgh and San Jose, to receive up to $750,000 each to speed up home building.
Nigerian lottery billionaire Kessington Adebutu donates $600,000 office to Lagos security fund
Nigerian lottery tycoon Kessington Adebutu fully funded a new multi-storey headquarters for the Lagos State Security Trust Fund and donated five patrol vehicles.
French billionaire Vincent Bolloré's Canal+ posts $7.2 billion nine-month revenue
Canal+, the French pay-TV group backed by billionaire Vincent Bolloré's family, earned $7.2 billion in nine months as MultiChoice's sales slid in South Africa.
British billionaire Mike Ashley's Frasers takes control of Hugo Boss with 50% stake
Frasers Group, the retailer controlled by British billionaire Mike Ashley, has lifted its Hugo Boss stake above 50%, taking control of the German fashion brand.
Nigerian billionaire Abdul Samad Rabiu's charity launches program for young doctors
ASR Africa, the foundation of Nigerian billionaire Abdul Samad Rabiu, has launched a program to prepare final-year medical students for clinical work, starting in Maiduguri.