Page 2 - Billionaires
Warren Buffett still wants deals but can't find any attractive ones
Buffett says his company has benefitted from some extraordinary luck in finding acquisitions, but he hasn't had much of that in recent years, as Berkshire Hathaway's cash pile has grown to $147 bn
 "Warren Buffett still wants deals but can't find any attractive ones")
Russia's richest lose $32 billion as Putin accelerates Ukraine crisis
The country's 23 billionaires have a net worth of $343 billion, according to Bloomberg wealth list, down from $375 billion at year-end.
 "Russia's richest lose $32 billion as Putin accelerates Ukraine crisis")
Ukrainian duo become billionaires correcting work-from-home emails
Shevchenko and Lytvyn became friends while studying business administration at the International Christian University of Kyiv in the late 1990s
 "Ukrainian duo become billionaires correcting work-from-home emails")
Coal magnate Gautam Adani surpasses Mukesh Ambani as Asia's richest person
Some of Adani Group's listed stocks have soared more than 600% in the past two years on bets his push into green energy and infrastructure will pay off.
 "Coal magnate Gautam Adani surpasses Mukesh Ambani as Asia's richest person")
Sky-high markets are new risk to billionaires beyond death and divorce
Mark Zuckerberg's wealth plummeted as much as $31 billion on Thursday, the third-biggest one-day drop in wealth since the Bloomberg Billionaires Index began compiling data in 2012
 "Sky-high markets are new risk to billionaires beyond death and divorce")
2% wealth tax on super rich likely to fetch nearly Rs 1.1 trillion
Many economists doubt the feasibility and desirability of wealth tax in the current economic environment
 "2% wealth tax on super rich likely to fetch nearly Rs 1.1 trillion")
The richest 10 lost billions since new year, except Warren Buffett
Out of the world's 10 richest people, only the Oracle of Omaha has watched his net worth increase, by $4.5 billion
 "The richest 10 lost billions since new year, except Warren Buffett")
Amid Covid, India's billionaire count rose by 40 to 142 in 2021: Oxfam
In India, during the pandemic (since March 2020, through to Nov 30, 2021) the wealth of billionaires increased from Rs 23.14 trn to Rs 53.16 trn, according to non-profit Oxfam India's latest report
 "Amid Covid, India's billionaire count rose by 40 to 142 in 2021: Oxfam")
Wealth of richest 98 same as bottom 552 million, says Oxfam report
4% tax on the wealth can fund mid-day meal for 17 years
 "Wealth of richest 98 same as bottom 552 million, says Oxfam report")
Led by Musk, world's 10 richest men add $402 bn to their net worth in 2021
Led by Tesla CEO Elon Musk, the world's 10 richest people added nearly $402.17 billion (India has a forex reserve of about $635 billion) in 2021.
 "Led by Musk, world's 10 richest men add $402 bn to their net worth in 2021")
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
 "China's tech moguls see $80 bn in combined net worth evaporate in 2021")
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)
 "Billionaires' club has record 126 members; combined wealth is $728 bn now")
Russian billionaire Vladimir Potanin faces $7-bn divorce claim in London
London's divorce courts have been a popular destination for high-value legal fights
 "Russian billionaire Vladimir Potanin faces $7-bn divorce claim in London")
Japanese fashion tycoon takes off for International Space Station
He is among the first self-paying space tourists since 2009
 "Japanese fashion tycoon takes off for International Space Station")
America's new aristocracy
Book review of THE 9.9 PERCENT: The New Aristocracy That Is Entrenching Inequality and Warping Our Culture
 "America's new aristocracy")
Nykaa IPO: How Falguni Nayar proved it's never too late to start up
From leading IPOs as an investment banker to launching one herself at 59, Nykaa's Falguni Nayar has broken all templates. We look at how she became one of India's most successful entrepreneurs
 "Nykaa IPO: How Falguni Nayar proved it's never too late to start up")
Leaders under fire as leaked papers open 'Pandora' box of financial secrets
Hundreds of leaders, politicians, billionaires, celebrities, and drug dealers have been hiding investments in mansions, yachts and other assets for past quarter-century, according to Pandora Papers
 "Leaders under fire as leaked papers open 'Pandora' box of financial secrets")
Real estate billionaires gain from China's move to ease Evergrande crisis
Evergrande agreed to sell a 20% stake in the bank to the local Shenyang government for 10 billion yuan ($1.55 billion), with the bank demanding that all proceeds go to settle debts with the lender
 "Real estate billionaires gain from China's move to ease Evergrande crisis")
D-Mart owner Radhakishan Damani enters top 100 global billionaires' club
DMart, set up in 2002, saw strong double-digit growth in sales and profits between FY09 and FY20
 "D-Mart owner Radhakishan Damani enters top 100 global billionaires' club")
Cash glut at Warren Buffett's Berkshire may trap tech titans next
Unlike some of his ultra-wealthy peers, Buffett still prefers the nuts-and-bolts businesses of Planet Earth
 "Cash glut at Warren Buffett's Berkshire may trap tech titans next")
