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Court freezes $1.8B bank account at center of inheritance battle between Chinese beverage giant Wahaha's heiress Kelly Zong and half-siblings

Court freezes $1.8B bank account at center of inheritance battle between Chinese beverage giant Wahaha's heiress Kelly Zong and half-siblings

A Hong Kong court has barred Kelly Zong, chairwoman of beverage producer Hangzhou Wahaha Group, from withdrawing funds from a US$1.8 billion HSBC account at the heart of her inheritance dispute with her half-siblings.
Richest Indonesian Prajogo Pangestu's wealth adds $20B from surging energy shares

Richest Indonesian Prajogo Pangestu's wealth adds $20B from surging energy shares

Billionaire Hermès heir’s ex-adviser dies as $16B share dispute remains unsolved

Billionaire Hermès heir’s ex-adviser dies as $16B share dispute remains unsolved

How a family feud over succession sees Polish billionaire Zygmunt Solorz fired from his own firm

How a family feud over succession sees Polish billionaire Zygmunt Solorz fired from his own firm

Zygmunt Solorz, billionaire founder of Cyfrowy Polsat, one of Poland’s largest media businesses, has been ousted from the firm by his own family foundation amid a succession saga that has gripped the Polish public.
July 25, 2025 | 11:27 am GMT+7
Zhong Shanshan, chairman of beverage giant Nongfu Spring, reclaims China’s richest person title

Zhong Shanshan, chairman of beverage giant Nongfu Spring, reclaims China’s richest person title

Zhong Shanshan, the founder and chairman of beverage giant Nongfu Spring, has regained his position as China’s wealthiest individual, surpassing ByteDance cofounder Zhang Yiming.
July 25, 2025 | 06:48 am GMT+7
Who is Syed Mokhtar Albukhary, Malaysia's influential yet publicity-shy billionaire?

Who is Syed Mokhtar Albukhary, Malaysia's influential yet publicity-shy billionaire?

Syed Mokhtar Albukhary, a low-key billionaire and one of Malaysia’s richest and most influential tycoons, controls a vast business empire that reaches into nearly every aspect of Malaysian life.
July 19, 2025 | 12:55 pm GMT+7
Inside the $2B inheritance battle over China’s top beverage empire Wahaha between heiress Kelly Zong and her alleged half-siblings

Inside the $2B inheritance battle over China’s top beverage empire Wahaha between heiress Kelly Zong and her alleged half-siblings

Kelly Zong, chairwoman of China’s largest soft-drinks producer Hangzhou Wahaha Group, is facing a US$2 billion inheritance battle with three individuals who claim to be her half-siblings and children of her father, the late billionaire Zong Qinghou.
July 19, 2025 | 07:07 am GMT+7
How much of tennis billionaire Roger Federer’s $1.3B fortune comes from prize money?

How much of tennis billionaire Roger Federer’s $1.3B fortune comes from prize money?

Tennis legend Roger Federer was recently named a billionaire with US$1.3 billion in net worth, but only a small portion of that comes from prize money amassed over his 24-year career.
July 17, 2025 | 06:23 am GMT+7
How Red Bull’s billionaire co-founder Dietrich Mateschitz started energy drink empire at age 40

How Red Bull’s billionaire co-founder Dietrich Mateschitz started energy drink empire at age 40

The late Austrian billionaire Dietrich Mateschitz took a decade to graduate from university and started out marketing hygiene products before he co-founded energy drink giant Red Bull at age 40.
July 17, 2025 | 06:20 am GMT+7
Singapore's popiah billionaire Sam Goi makes $96.5M offer to buy out consumer goods firm PSC

Singapore's popiah billionaire Sam Goi makes $96.5M offer to buy out consumer goods firm PSC

Singaporean billionaire Sam Goi has offered to acquire all the remaining shares of consumer goods manufacturer and distributor PSC Corp for S$123.5 million (US$96.5 million).
July 15, 2025 | 07:00 pm GMT+7
TikTok-viral beauty device maker APR turns 36-year-old founder into South Korea’s newest billionaire

TikTok-viral beauty device maker APR turns 36-year-old founder into South Korea’s newest billionaire

Kim Byung Hoon, founder of APR, has joined South Korea’s billionaire ranks with his US$1.3 billion stake in the beauty tech firm, which is soaring thanks to its TikTok popularity.
July 11, 2025 | 02:53 pm GMT+7
Richard Li, son of Hong Kong’s richest billionaire Li Ka Shing, takes insurer FWD public

Richard Li, son of Hong Kong’s richest billionaire Li Ka Shing, takes insurer FWD public

Insurer FWD Group of Richard Li, the younger son of Hong Kong’s richest billionaire Li Ka Shing, has gone public in Hong Kong after several failed attempts.
July 9, 2025 | 03:24 pm GMT+7
Meet the world’s 3 richest lecturers - from UCLA, Stanford, and top Chinese university

Meet the world’s 3 richest lecturers - from UCLA, Stanford, and top Chinese university

Fan Daidi, vice president of a top Chinese university, along with Stanford’s David Cheriton and UCLA’s Henry Samueli, are among the world’s 1,000 wealthiest people, with a combined net worth exceeding US$46 billion.
July 7, 2025 | 03:44 pm GMT+7
2 Asians among 5 richest self-made women in 2025

2 Asians among 5 richest self-made women in 2025

Two Chinese nationals, Zhong Huijuan and Zhou Qunfei, are among the five richest self-made female billionaires in the world this year.
July 6, 2025 | 11:50 am GMT+7
Wealth of Thailand’s 5 richest billionaires exceeds $170B, led by Red Bull heir

Wealth of Thailand’s 5 richest billionaires exceeds $170B, led by Red Bull heir

The five wealthiest billionaires on Thailand’s rich list boast a combined fortune of US$170 billion, up 11% from 2024, with the family behind energy drink giant Red Bull reigning at the top, according to Forbes.
July 4, 2025 | 06:10 am GMT+7
World’s richest billionaire Elon Musk loses $12B in wealth as Trump threatens to cut government support amid feud

World’s richest billionaire Elon Musk loses $12B in wealth as Trump threatens to cut government support amid feud

World’s richest man Elon Musk saw his net worth plunge by US$12 billion as Tesla shares tumbled following U.S. President Donald Trump’s threat to withdraw billions in government subsidies from the billionaire’s companies.
July 2, 2025 | 04:38 pm GMT+7
Hong Kong billionaire heir Adrian Cheng resigns from board of family’s embattled property giant New World Development

Hong Kong billionaire heir Adrian Cheng resigns from board of family’s embattled property giant New World Development

Adrian Cheng, a third-generation heir to Hong Kong’s third-richest clan, has fully exited the family’s troubled property developer New World Development just months after stepping down as its CEO.
July 2, 2025 | 01:20 pm GMT+7
Chinese gold jeweler Zhou Liu Fu’s chairman joins billionaire ranks as stock surges after IPO

Chinese gold jeweler Zhou Liu Fu’s chairman joins billionaire ranks as stock surges after IPO

Chinese gold jewelry retailer Zhou Liu Fu Jewellery’s stock surged 67% over its first two trading days, turning its chairman Li Weizhu into a billionaire with a net worth of US$1.2 billion.
July 2, 2025 | 06:20 am GMT+7
Philippine billionaire Andrew Tan’s company hikes tourism investment with $113M beachfront complex

Philippine billionaire Andrew Tan’s company hikes tourism investment with $113M beachfront complex

Megaworld, the real estate division of Philippines-based billionaire Andrew Tan’s Alliance Global, is intensifying its focus on tourism by developing a PHP5 billion (US$113 million) leisure complex.
June 30, 2025 | 04:34 pm GMT+7
Warren Buffett gives away record $6B in Berkshire shares

Warren Buffett gives away record $6B in Berkshire shares

Warren Buffett donated another US$6 billion of Berkshire Hathaway stock to the Gates Foundation and four family charities, his biggest annual donation since he began giving away his fortune nearly two decades ago.
June 29, 2025 | 01:55 pm GMT+7
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