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Larry Ellison’s fortune fell by $11 billion as Oracle shares dropped 8.8%, following the company’s announcement of a $20 billion fundraising plan to support its artificial intelligence expansion.
South Korean billionaire Lee Jae-yong is set to receive $1.9 billion in Samsung Electronics shares from his mother, increasing his direct stake to 1.75%.
Michael Dell's fortune rose $8.7 billion to $280.6 billion on Tuesday as Dell Technologies shares gained 3.9%, leaving him $4.3 billion behind Larry Page.
Airtel Africa surged 10 percent to top gainers, lifting the Nigerian Exchange by 0.85 percent as investors rotated into fundamentally strong stocks.
Elon Musk walked into a San Francisco courtroom Wednesday to defend himself against accusations that he used his own Twitter feed as a weapon to knock down the company's stock price before buying it.
Karooooo shares surge adding millions to South African tech mogul's wealth
Despite a multimillion-dollar drop in his net worth, Sawiris remains Egypt’s wealthiest man.