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Billionaires around the world always have a different story of wealth as business scenarios change with time. There are more than 2600 billionaires globally, out of which over a third of billionaires live in the United States, followed by China ranking at number two globally. The number of billionaires has reportedly accelerated and declined from…
Tech billionaires Peter Thiel and Larry Page are reportedly planning to leave California due to a proposed 5% wealth tax on billionaires. The measure, if passed and applied retroactively, could cost them billions. This potential exodus highlights a growing tension between wealthy individuals and state tax policies, with some warning of an “exodus of talent.”…
California may soon witnesses an exodus of some of its most prominent tech billionaires. As reported by New York Times, venture capitalist Pete Theil and Google co-founder Larry Page are thinking of cutting down and reducing their ties to the state before the end of the year. The reason behind this decision is a proposed…
In 2025, global wealth continues to be dominated by leaders in technology, luxury, and retail. According to the latest Forbes Billionaires List, there are 3,028 billionaires worldwide with a combined net worth of $16.1 trillion. The United States leads with 902 billionaires, followed by China, including Hong Kong, with 516, and India with 205. At…
Global pop icon Jennifer Lopez showed other music performers how its done as she brought her A-game and set the stage ablaze in Udaipur on Sunday night. The singer, who made her first appearance in India, brought the extravagant wedding celebrations of Netra Mantena, daughter of US-based billionaires Padmaja and Rama Raju Mantena, to an…
An image of the world’s most powerful tech titans standing in a dimly lit parking lot has become the internet’s favourite new obsession. The so-called “$1 trillion squad” photo featuring Elon Musk, Mark Zuckerberg, Sundar Pichai, Jensen Huang, Sam Altman, Tim Cook and Jeff Bezos has blown up across X, triggering a wave of memes,…
From left, Adarsh Hiremath, Brendan Foody, and Surya Midha (Image credit: NYT News Service) TOI correspondent from Washington: In a stunning testament to the boom in Artificial Intelligence (AI), three 22-year-old high school friends from Silicon Valley, including two Indian-Americans, have become the world’s youngest self-made billionaires.Brendan Foody, Adarsh Hiremath, and Surya Midha, co-founders of…
This week saw Facebook-parent Meta CEO Mark Zuckerberg fall from third to fifth place on the Bloomberg Billionaires Index. The plunge happened after Meta’ stock fell 11% on Thursday, October 30, wiping out $29.2 billion from Zuckerberg’s fortune in just one day. The drop was the fourth-largest one-day market-driven loss ever recorded by Bloomberg’s wealth…
Huang (right) sits with Samsung Electronics Chairman Lee Jae-yong (far left) and Hyundai Motor Group Executive Chair Chung Euisun for a dinner at a restaurant in Samseong-dong, Seoul, Thursday. (Pool photo via Yonhap) On an unassuming Thursday evening in Seoul, three of Asia’s most powerful men walked into a fried-chicken restaurant and changed the night…
Mark Zuckerberg, CEO of Meta Platforms Inc., has seen a significant reduction in his wealth, causing him to drop two places on the Bloomberg Billionaires Index. According to Bloomberg, the fall is linked to Meta’s ambitious spending plans on artificial intelligence (AI), which have unsettled investors and triggered a sharp decline in the company’s stock….
