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Millionaires and billionaires

Britain’s King Charles wearing St Edward’s Crown during the coronation ceremony inside Westminster Abbey in London on May 6, 2023. Photo: AFP

King Charles’ coronation cost UK taxpayers US$90.7 million

Critics say taxpayer spending on the 2023 events was too large and out of touch given huge demands on stretched public funds.

China’s second-richest man blasts Pinduoduo for hurting domestic brands

Trump ‘efficiency’ tsar Elon Musk outlines plans for mass US cuts

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US charges India’s Gautam Adani, one of world’s richest people, with bribery

The billionaire and 7 others are accused of agreeing to pay US$265 million to Indian officials to obtain solar energy supply contracts.

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Adani Group chairman Gautam Adani speaks at the World Congress of Accountants in Mumbai in November 2022. Photo: AFP

Archegos’ Bill Hwang sentenced to 18 years in prison for massive US fraud

Hwang’s family-owned hedge fund was at the centre of a market manipulation scheme said to have cost global investment banks billions of dollars.

Exclusive | World’s largest hedge fund CIO buys HK$95 million home in Hong Kong

Bridgewater Associates’ co-CIO Bob Prince paid HK$95 million for a three-bedroom home at St. George’s Mansion in Ho Man Tin.

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Musk’s SpaceX fails to repeat Starship booster ‘chopsticks’ catch, as Trump looks on

Super Heavy booster made an unexpected splashdown in the Gulf of Mexico instead being caught in the launch tower’s mechanical arms.

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The SpaceX Starship lifts off from Starbase near Boca Chica, Texas. Photo: AFP

Masked raiders target Windsor Estate while royals slept, vehicles stolen

The burglary, which occurred in October, is the latest security breach at the royal residence, raising concerns about the safety of the royal family.

Meet Tony Buzbee, the lawyer representing Diddy’s alleged victims

Tony Buzbee is representing over 150 accusers in the Sean ‘Diddy’ Combs case, and has threatened to expose the rapper’s ‘enablers’: here’s what you need to know about the colourful Texan lawyer.

Trump Treasury secretary pick in flux as jockeying slows selection

Rivalry has been playing out for days as US President-elect Donald Trump picks his cabinet.

President-elect Donald Trump and Elon Musk watch a UFC fight in New York. Photo: AP

Hong Kong’s family business event wraps up with talk on US-China ties

The second day of the by-invitation event kicked off with a discussion about opportunities in Asean with Malaysia at the helm.

Pre-conference dinner of the 2024 Family Business Summit at the Four Seasons Hotel on November 15, 2024. Photo: Jonathan Wong.

Brazil’s first lady insults Elon Musk at G20 social event

The swear word incident adds a new twist to Brazil’s already strained relationship with the tech billionaire right before the G20.

Musk suggests Trump let public weigh in on who should lead US Treasury

The billionaire himself endorses Howard Lutnick, saying the CEO of financial services firm Cantor Fitzgerald ‘will actually enact change’.

2024 FBS Summit: Hong Kong event gathers family business owners

More than 100 business owners gathered at the closed-door, principals-only 2024 Family Business Summit in Hong Kong over the weekend.

Catherine So, CEO of South China Morning Post, delivered her welcoming remarks during the opening day of the 2024 Family Office Summit in Hong Kong, on November 16, 2024. Photo: Jelly Tse

China’s first-wave tycoons are retiring. Are their kids ready to step up?

As China’s first-generation entrepreneurs reach old age, their companies grapple with succession dilemmas and a new business landscape.

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Illustration: Davies Christian Surya

From ‘boatpeople’ to Mark Zuckerberg’s in-laws: meet Priscilla Chan’s parents

After fleeing Vietnam for the US, Priscilla Chan’s parents found themselves working 18 hour days to make ends meet – now, their son-in-law is worth US$201 billion.

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Late Harrods boss’ sibling also accused of rape: ‘shared me with his brother’

Three women allege that Salah Fayed assaulted them during the period when he owned the London store with Mohammed al-Fayed.

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Dogecoin soars as Trump names Musk to head new DOGE efficiency department

‘Dogefather’ Musk is a long-time fan of the cryptocurrency with the canine mascot, and a staunch backer of the US president-elect.

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Dogecoin was seen as a joke at first, but has since amassed a group of fans who have periodically sent its price soaring. Photo: Shutterstock

Italian president tells Elon Musk to quit meddling in Italy’s domestic politics

The highly unusual statement from the Italian head of state came against growing tension between the ruling coalition and the judiciary.

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Trump rewards Elon Musk with leading role in new ‘Department of Government Efficiency’

The organisation will operate outside the confines of the US government, despite its name.

FTX sues Binance and former CEO ‘CZ’ for US$1.8 billion

The lawsuit relates to Binance’s sale of its stake in FTX, the rival exchange founded by the now-imprisoned Sam Bankman-Fried.

Zhao Changpeng, founder and former CEO of Binance. Photo: Reuters

Elon Musk’s PAC ‘spent an estimated US$200 million’ to help elect Trump

Billionaire businessman Elon Musk was one of Donald Trump’s highest-profile surrogates in the 2024 race.

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Elon Musk at an America PAC town hall in Lancaster, Pennsylvania on October 10. Photo: TNS

Lui Che-woo, property and casino magnate of K. Wah and Galaxy, dies at 95

Lui, the chairman of the K. Wah Group of companies, died peacefully on November 7, according to filings to the Hong Kong stock exchange by his companies.

What is former child star and ‘Voice of an Angel’ Charlotte Church doing now?

Charlotte Church rose to fame for her angelic singing voice, and performed for queens and world leaders … then she decided to do things her own way – here’s what happened next

Meet Leonardo DiCaprio’s fascinating parents, George and Irmelin

Leonardo DiCaprio has always felt the support of his parents, despite them splitting up when he was very young – George DiCaprio was also in a Hollywood movie, without the help of his famous son.

Leonardo DiCaprio’s parents, George DiCaprio and Irmelin Indenbirken, have interesting life stories of their own. Photos: Getty Images

Elon Musk took part in Trump-Zelensky call, Ukraine official says

The world’s richest man, a major backer of the US president-elect, was physically present and was handed the phone by Trump, an insider says.

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Elon Musk (centre) took part in a phone call between Ukrainian President Volodymyr Zelensky (left) and US president-elect Donald Trump (right), a senior Ukrainian official confirms. Photos: AFP

Who is Nancy Pelosi’s husband Paul Pelosi, and why is he controversial?

Donald Trump saw fit to mock Nancy Pelosi’s husband Paul after he was attacked at home by an intruder on the campaign trail, though the venture capitalist has courted controversy himself.

Dr Dre’s ex-wife won her legal battle against the rapper, who’s now being sued

Dr Dre’s former divorce psychotherapist has lodged a US$10 million suit alleging ‘unbearable harassment’ by the rapper, who was forced to hand a significant portion of his fortune to his ex-wife.

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Millionaires and billionaires
What's it really like to be a wealthy millionaire or billionaire? Keep up to date with the crazy, rich lives of the world's richest people.
last updated:
16 October, 2024
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