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Billionaire Elon Musk’s wealth shrinks by nearly $34B in one of his worst single-day drop
Elon Musk lost US$33.9 billion in net worth on Thursday amid his public feud with U.S. President Donald Trump, marking one of the largest single-day losses for the tech billionaire.
The 5 heirs of Thailand’s second-richest man Charoen Sirivadhanabhakdi: What roles do they play in the family business empire?
Thailand’s billionaire Red Bull heir transfers $1.1B stake to trust firm
Singapore billionaire Kwek family’s CDL to sell $2.1B office complex to reduce debt, restore investor confidence after public father-son feud
City Developments will sell its majority stake in a landmark Singapore office complex as it aims to cut debt and regain investor confidence after a public feud between billionaire chairman Kwek Leng Beng and his CEO son.
June 4, 2025 | 03:27 pm GMT+7
6 ultra-rich buyers who snapped up multi-million-dollar Singapore real estate in 2024–25
Billionaires, multi-millionaires, and their family members are splurging on Singapore’s finest properties, many of which cost tens of millions of dollars.
June 4, 2025 | 03:21 pm GMT+7
‘Go to the bank’: Billionaire Warren Buffett said when daughter Susan asked for $41,000 loan to renovate kitchen
Warren Buffett’s daughter, Susan Buffett, shared that the billionaire investor once taught her a lesson in financial independence by declining her request for a US$41,000 loan to remodel her kitchen.
May 30, 2025 | 11:33 am GMT+7
Succession struggle in billionaire Cheng family, one of Hong Kong’s ‘big four’ property dynasties, as heir steps down
The Chengs, with a fortune estimated at US$19.5 billion, are Hong Kong’s third-richest clan and one of its “big four” property families, but they have grappled with succession challenges in recent years.
May 30, 2025 | 06:35 am GMT+7
Hailey Bieber joins billionaire club with $1B skincare deal as husband Justin reportedly faces financial woes
Hailey Bieber, a model and wife of pop star Justin Bieber, has agreed to sell her skincare brand Rhode in a deal potentially valued at US$1 billion.
May 29, 2025 | 03:40 pm GMT+7
Shares linked to Thailand’s second richest man Charoen Sirivadhanabhakdi stuck at year’s lowest after stake transfer to heirs
Shares of companies tied to Thailand’s second richest man Charoen Sirivadhanabhakdi continued to hover at the lowest this year after the business magnate transferred his entire holdings to five children equally.
May 29, 2025 | 03:40 pm GMT+7
PDD founder Colin Huang sees net worth tumbling nearly $6B
Colin Huang, the founder of Chinese e-commerce giant PDD Holdings, experienced a $5.7 billion drop in his wealth overnight as the company’s Nasdaq-listed shares crashed on Tuesday due to lackluster quarterly earnings.
May 29, 2025 | 01:47 pm GMT+7
The world’s richest are choosing Singapore to launch their charitable foundations
Several of the world’s wealthiest individuals, including American hedge fund billionaire Ray Dalio and tech magnate Bill Gates, have chosen Singapore to establish foundations to support charitable initiatives over the past three years.
May 28, 2025 | 06:23 pm GMT+7
Cathy Chui, 'hundred-billion daughter-in-law' of late Hong Kong billionaire Lee Shau Kee, remembers him as devoted family man
Cathy Chui, daughter-in-law of the late Hong Kong property tycoon Lee Shau Kee, became emotional as she reminisced about her father-in-law in a TVB interview over the weekend.
May 28, 2025 | 12:08 pm GMT+7
Thailand’s second-richest man Charoen Sirivadhanabhakdi transfers stakes in major firms to heirs
Property tycoon Charoen Sirivadhanabhakdi, Thailand’s second-richest person, has handed over ownership of several major listed companies to his five children in a move seen as part of his succession plan.
May 28, 2025 | 12:07 pm GMT+7
5 things to know about Kishin RK, Singapore’s youngest billionaire
Kishin RK, Singapore’s youngest billionaire with US$1.6 billion to his name, bought his first apartment at 12 and drew on his privileged background to carve out his own success.
May 28, 2025 | 05:55 am GMT+7
From pizza delivery to Britain’s youngest billionaire: Meet Ben Francis, 32, co-founder of fitness apparel brand Gymshark
Ben Francis has gone from being a humble pizza delivery guy to the youngest billionaire in the U.K. by starting his own fitness apparel company, Gymshark.
May 25, 2025 | 01:45 pm GMT+7
Meet Peter: Stanford dropout and youngest son of billionaire Warren Buffett helping manage his $105B fortune
Peter, the 67-year-old youngest son of legendary investor Warren Buffett, is set to co-manage his father’s wealth for charitable purposes as the billionaire retires.
May 23, 2025 | 04:11 pm GMT+7
Why these 6 billionaires are not leaving fortunes to their kids
Some of the world's wealthiest individuals, including Bill Gates and Mark Zuckerberg, are dedicating their fortunes to philanthropy instead of leaving them to their children, aiming to ensure they build their own paths in life.
May 23, 2025 | 06:59 am GMT+7
How Cathy Chui, 'hundred-billion daughter-in-law' of Hong Kong’s tycoon Lee Shau Kee, is cementing power in billionaire family
Cathy Chui, the actress-turned-socialite, wife of Martin Lee and daughter-in-law of late real estate tycoon Lee Shau Kee, has steadily cemented her influence in one of Hong Kong’s wealthiest dynasties.
May 21, 2025 | 03:13 pm GMT+7
5 things to know about Jonathan Kwok, Hong Kong’s youngest billionaire
Jonathan Kwok, Hong Kong’s youngest billionaire, is 33 years old with a net worth of US$2.5 billion and is a scion of one of the city’s wealthiest families.
May 21, 2025 | 06:21 am GMT+7
Hong Kong billionaire Joseph Lau sells $5.8M wine collection
Hong Kong billionaire Joseph Lau is set to auction a wine collection valued at over HK$35 million (US$5.8 million) with over 200 lots of premium wines.
May 19, 2025 | 06:02 pm GMT+7
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