Billionaire Nik Storonsky could borrow up to $250 million against his Revolut stake
Revolut has proposed letting its billionaire founder, Nik Storonsky, borrow up to $250 million against his stake, five times the current limit.
World Billionaires
News about billionaires and other highlights of net-worth individuals from other parts of the world.
Billionaire Masayoshi Son bets $12 billion on Intel, putting 67% of SoftBank's US portfolio in one name
Masayoshi Son's SoftBank has concentrated 67% of its $18 billion US equity portfolio into a single stock, committing $12 billion to Intel in one of the most concentrated big-money bets in recent memory.
Billionaire Josh Kushner and Bob Iger buy the Los Angeles Lakers in record $12.5 billion deal
The Thrive Capital founder, with former Disney chief Bob Iger, agreed to buy the Los Angeles Lakers for $12.5 billion, a record sports-team deal.
Billionaire Warren Buffett's Berkshire lifts Alphabet stake 83% to $38 billion
The investment firm led by Warren Buffett raised its Alphabet position by 83% during the second quarter, lifting the holding to roughly $38 billion.
Billionaire Stanley Druckenmiller dumps Intel, Micron and Broadcom and bets big on Amazon in Q2 portfolio shake-up
Billionaire Stanley Druckenmiller's Duquesne Family Office dumped its entire positions in Intel, Micron and Broadcom in the second quarter while raising its Amazon stake by more than 1,000%.
Billionaire Bill Ackman exits Alphabet, adds Visa, Mastercard and Netflix
The hedge fund run by Bill Ackman sold its entire Alphabet holding during the second quarter while opening fresh positions in Visa, Mastercard and Netflix.
California's billionaires have spent $40 million fighting a 5% tax on their fortunes
California billionaires have put nearly $40 million into defeating a ballot measure taxing fortunes above $1 billion at 5%.
Billionaire Michael Jordan's Last Dance jersey carries a $15 million estimate at Pharrell's auction house
JOOPITER, Pharrell Williams's auction house, will sell Michael Jordan's 1998 Finals Game 3 jersey with an estimate up to $15 million.
British school dropout James Dacombe is Europe's youngest self-made billionaire at 25
James Dacombe left school at 17 and now owns 30% of AI chip company Olix, valued at $3.3 billion after a $312 million raise.
Billionaires Jeff Bezos and Facebook co-founder Eduardo Saverin buy into Liverpool FC in record $7.1 billion deal
Jeff Bezos and Facebook co-founder Eduardo Saverin have joined a billionaire consortium buying roughly 30% of Liverpool FC at a record $7.1 billion valuation, with an option to take majority control within a year.
Billionaire Dylan Taylor says humans will commute to the moon by the early 2030s
Voyager Technologies founder Dylan Taylor says humans will be living and working on the moon by the early 2030s, with resource mining and orbital data centers among the first jobs up for grabs.
Billionaire Peter Thiel acquires $76 million stake in an Argentine shale oil producer
Peter Thiel's hedge fund bought about 1% of Vista Energy for $76 million, four months after he met Argentine President Javier Milei.
Australian mining billionaire Gina Rinehart's biggest US bet is now Elon Musk's SpaceX
Gina Rinehart bought 8 million SpaceX shares worth $1.37 billion in the second quarter, making it her largest US-traded holding.
Indian billionaire Mukesh Ambani's Reliance will build fighter jet engines with Rolls-Royce
Reliance Industries, controlled by billionaire Mukesh Ambani, will partner Rolls-Royce on engines for India's fifth-generation fighter jet.