Elon Musk quietly settled with Apple and now a judge wants to see the terms
Judge Mark Pittman ordered X Corp and SpaceXAI to produce any agreement with Apple after they dropped antitrust claims without explanation.
World Billionaires
News about billionaires and other highlights of net-worth individuals from other parts of the world.
Billionaire Leon Black is held in contempt of Congress over Jeffrey Epstein
The House voted by unanimous consent to hold Leon Black in contempt for defying a subpoena, referring the matter to the Justice Department.
Billionaire Gautam Adani loses Asia's richest title after gaining $24.8 billion
Gautam Adani has added $24.8 billion this year and still lost his place as Asia's richest person. ByteDance founder Zhang Yiming has added $40.3 billion, and passed him this week on marks set by three American fund managers.
TikTok's Zhang Yiming passes Adani as Asia's richest at $105 billion
Seven years ago Bloomberg valued the ByteDance founder at $13 billion. Washington then spent three years trying to shut his app down. He is now worth more than $105 billion and has passed Gautam Adani to become the richest person in Asia.
Billionaire Phil Knight gives another $1 billion away as Nike shares sit near their lows
Phil and Penny Knight are giving $1 billion to Providence St. Vincent in Oregon to build the state's first women's specialty hospital.
Sam Altman's OpenAI is considering a funding round that would value it at $1.2 trillion
OpenAI is weighing a private round at a $1.2 trillion valuation, the Financial Times reported, ahead of a listing it has been preparing since May.
Billionaire Gina Rinehart has bought a bigger stake than her estranged son in his own company
Hancock Prospecting is paying A$8.77 million for 13.5% of White Cliff Minerals, the copper explorer John Hancock founded and still sits on.
Billionaire Len Blavatnik has been ordered to testify about a film he paid for
Rebel Wilson's lawyers asked a Los Angeles judge to help compel testimony from Len Blavatnik, who financed her film The Deb through AI Film.
French billionaire heir Frédéric Arnault is slowing Loro Piana down on purpose
Frédéric Arnault is pulling Loro Piana out of wholesale and capping volume growth, at a brand LVMH values at around €10 billion.
Indian billionaire Mukesh Ambani is selling 2.5% of Jio in India's biggest share sale
Jio Platforms starts investor meetings this month across five markets, ahead of a November listing that bankers have valued at up to $180 billion.
Billionaire Dilip Shanghvi's company escaped the rule now forcing Tata Sons to list
Dilip Shanghvi's holding company cleared its debts and left the RBI's upper layer in 2023. Tata Sons tried the same thing and has been refused.
Bill Gates pledges $1bn for AI in the world's poorest countries
Bill Gates says the next 12 to 18 months decide whether AI reaches the people with the least or entrenches those with the most. His foundation is putting $1 billion behind the first outcome, most of it in Africa and South Asia.
Billionaire Michael Dell lost $15.1bn in a morning as AI stocks sold off
Michael Dell's fortune fell $15.1 billion in a single morning as AI-linked stocks sold off worldwide. The cause was not Dell's business but a call from three AI chief executives for coordinated safety work, which investors took as a warning on future spending.
Billionaire Tyler Perry says he will never marry because divorce destroys fortunes
Tyler Perry told The Jennifer Hudson Show he will never marry, saying everyone he knows who did well and went broke did so through divorce.
Billionaire Sarath Ratanavadi has added $4.6bn this year selling electricity
Sarath Ratanavadi's fortune has climbed $4.6 billion this year to $16.4 billion. Gulf Development is reviving a shelved 6,000 MW gas project in Vietnam and targeting 2,000 MW of data centre capacity as AI lifts electricity demand.
Billionaire Mike Ashley tightens grip on Hugo Boss as chairman steps down
Billionaire Mike Ashley is tightening his grip on Hugo Boss as Frasers Group raises its stake to 48% and targets majority control of the German fashion house.