Billionaires Wealth

Gautam Adani now no longer among world's top 10 richest billionaires

In the last 24 hours, Adani's net worth has fallen $8.21 billion, the highest among the top 100 billionaires in the list

As wealth inequality grows, is it time for an Indian inheritance tax?

Country had had 20 billionaires at the last count: more than some other major economies

Misfortune: Musk creates Guinness World Record for losing personal wealth

The change in Musk's fortune saw him losing the title of the world's richest person to Bernard Arnault (France)

India's billionaire club shrinks to 120, Gautam Adani tops rich list

In comparison, Ambani, who topped the list last year, has seen a 2.5 per cent decline in his family's net worth to $101.75 billion from $104.4 billion a year ago

Elon Musk's net worth sinks to two-yr low as Twitter CEO loses $7.7 billion

The selloff adds to the woes of Musk, who lost his status as the world's richest person to luxury tycoon Bernard Arnault on Dec. 13

Elon Musk no longer world's richest man after losing $100 bn in net worth

Elon Musk, who saw his net worth tumble by more than $100 billion in 2022, has been replaced by Bernard Arnault, the chief executive of Louis Vuitton's parent company LVMH, as the world's richest man

12 Indians have a net worth of more than Rs 1 trillion, shows a new report

The IIFL Wealth Hurun India Rich List 2022 showed that 100 start-up founders in India have a net worth of more than $10 billion

Gautam Adani becomes world's third-richest person, first Asian to do so

It's the first time an Asian person has broken into the top three of the Bloomberg Billionaires Index -- fellow citizen Mukesh Ambani and China's Jack Ma never made it that far

Radhakishan Damani to be the main trustee of Jhunjhunwala's investments

Rakesh Jhunjhunwala, who passed away on August 14, is said to have 'meticulously' planned everything about his wealth as he had been sick for over 8 months

Musk, Bezos lose $60 bn of their wealth in first six months of 2022

Despite losing $61.8 billion, Elon Musk has the biggest fortune with $208.5 billion

Mukesh Ambani surpasses Gautam Adani, becomes Asia's richest man again

Reliance Industries chairman Mukesh Ambani's net worth was $99.7 billion as of June 3, according to Bloomberg's Billionaires Index

WEF 2022: Oxfam calls for wealth tax to benefit women in informal sectors

During a session on gender parity at the WEF 2022 at Davos, Bucher noted that billionaire wealth has risen greatly during the two years of the pandemic

Wealth-income mismatch: The curious case of India's missing millionaires

While India had 764,000 dollar-millionaires in 2019 by one account, just 316,000 filed tax returns declaring income of over $75,000. Large-scale I-T evasion may still be taking place, notes T N Ninan

Asia's 20 richest families control nearly $495 billion, shows data

The Ambanis, Hartonos and Mistrys lead Asia's wealthiest clans

Tax billionaires to fund Covid vaccines for poor hit by pandemic: Oxfam

Anti-poverty organisation Oxfam called for governments to impose a one-time 99% tax on the world's billionaires and use the money to fund expanded production of vaccines for the poor

Collective wealth of top 500 billionaires soared more than $1 trn in 2021

The gains mean there are now a record 10 fortunes in excess of $100 billion, more than 200 above $10 billion

China's tech moguls see $80 bn in combined net worth evaporate in 2021

The drop represents almost a quarter of their total wealth and is the largest one-year decline since 2012, when the Bloomberg index started tracking the world's richest people

Billionaires' club has record 126 members; combined wealth is $728 bn now

Mukesh Ambani of Reliance Industries once again topped the charts with an all-time high net worth of around $104.7 billion (or Rs 7.85 trillion)

Tesla's Elon Musk says he'll pay over $11 billion in taxes this year

The billionaire may face a tax bill of more than $10 billion for 2021 if he exercises all his options due to expire next year, calculations last week by Bloomberg News showed.

Covid pandemic boosts billionaires' share of global household wealth

The World Inequality Report produced by a network of social scientists estimated that billionaires this year collectively own 3.5% of global household wealth