Billionaires

  • Progress is being made on developing a 'next-generation' ultra-thin, skin-like condom that could offer better sexual pleasure, says Bill Gates 2 days ago

    Billionaire philanthropist Bill Gates said Thursday progress is being made on developing a "next-generation" ultra-thin, skin-like condom that could offer better sexual pleasure, help population control and be financed by first-world investors. Last year, the Microsoft co-founder and one of the world's richest men offered inventors $100,000 in start-up grants to...
  • India home to 100 billionaires; 6th largest population globally 4 days ago

    Singapore/New Delhi: India has retained its sixth position in terms of number of billionaires with 100 such people collectively having USD 175 billion in networth, while globally the number of uber-rich has reached a record high of 2,325 persons. According to the Wealth-X and UBS Billionaire Census 2014, released on Wednesday,...
  • Mexican president signs law restricting telecoms July 15, 2014

    Mexico City: Mexican President Enrique Pena Nieto has signed into law a communications overhaul with tough restrictions on dominant companies in the telephone and television sectors. The bill signed by Pena Nieto on Monday imposes fee limits and infrastructure-sharing requirements on any company that controls more than half the market in...
  • India ranks 15th in the Global Wealth list June 11, 2014

    New York: India had 175,000 millionaire households in 2013, ranking 15th in the world, according to a wealth report which said the total number of millionaire households in the world rose to 16.3 million last year. The Boston Consulting Group's 14th annual report on the global wealth-management industry 'Riding a...
  • The most expensive divorce settlement in history? Swiss court orders Russian billionaire to pay $4.5 billion to his ex-wife May 30, 2014

    A Swiss court has ordered a Russian billionaire to pay more than $4.5 billion to his ex-wife in what could become the biggest divorce settlement in history. In papers delivered Monday to both parties, the Geneva Tribunal of First Instance said Dmitry Rybolovlev, an owner of the French soccer club AS...
  • Iran billionaire executed over $ 2.6 billion fraud: Report May 24, 2014

    A billionaire businessman at the heart of a $2.6 billion state bank scam, the largest fraud case since the country's 1979 Islamic Revolution, was executed Saturday, state television reported. Authorities put Mahafarid Amir Khosravi, also known as Amir Mansour Aria, to death at Evin prison, just north of the capital, Tehran,...
  • 'How To Become A Billionaire By Selling Nothing' is a promising debut May 3, 2014

    To begin with, I don't remember when was the last time I laughed my guts out so much while reading a book. Also, at the same time, I'd like to say, if you are active on twitter and don't know who @jhujhunwala is, you've been doing twitter W.R.O.N.G all this...
  • Lok Sabha polls: 27 Congress candidates in Karnataka are billionaires April 10, 2014

    Of the 28 Congress candidates in the Lok Sabha election in Karnataka, 27 are billionaires, led by its star nominee Nandan Nilekani (Bangalore South). "Till date, Nilekani (co-founder of IT bellwether Infosys Ltd), is the richest candidate in the country with assets worth Rs.7,710 crore (Rs.77 billion). The average assets of...
  • LS polls: Six candidates in Tripura are billionaires April 4, 2014

    Six of the 25 Lok Sabha candidates contesting for the two seats in Left Front ruled Tripura are crorepatis, with Aam Admi Party nominee Salil Saha the richest with assets of Rs four crore. Congress candidate Prof Arunoday Saha is the second richest with assets of Rs.3.38 crore. Both the candidates...
  • LS polls: 60 per cent of Arunachal Assembly candidates are billionaires April 8, 2014

    About sixty per cent of the candidates in poll fray in Arunachal Pradesh for April 9 Assembly polls are crorepatis. As many as 91 of 152 candidates are crorepatis while average assets declared per candidate is Rs 6.30 crore compared to Rs 3.51 crore in the 2009 elections. There were 51...
  • WhatsApp founders Jan Koum, Brian Acton in Forbes' global billionaires list March 5, 2014

    New York: Following Facebook's $19 billion acquisition of WhatsApp, the two founders of the popular mobile messaging service have now earned a new distinction - a place in the Forbes's list of global billionaires. According to Forbes, 38-year-old Jan Koum, who ranks 202 in the list, is now worth $6.8 billion...
  • Top 10: The world's richest tech billionaires in 2014 March 4, 2014

    Microsoft co-founder Bill Gates has regained the title of the world's richest man in the Forbes magazine's annual billionaire list that includes 56 India-based billionaires. Apart from the richest people on the planet, the list also details the world's richest billionaires in the world of tech. Google's Larry Page has...
  • India home to 70 billionaires; Mukesh Ambani richest Indian March 2, 2014

    India is home to the fifth largest group of billionaires in the world and Mukesh Ambani, chairman of Reliance Industries, is the country's richest man with a personal fortune of USD 18 billion, says a report. According China-based research firm Hurun's 2014 global rich list, Mukesh Ambani was ranked 41st in...
  • India home to 70 billionaires; Mukesh Ambani richest Indian March 2, 2014

    New Delhi: India is home to the fifth largest group of billionaires in the world and Mukesh Ambani, chairman of Reliance Industries, is the country's richest man with a personal fortune of $18 billion, says a report. According China-based research firm Hurun's 2014 global rich list, Mukesh Ambani was ranked 41st...
  • Lakshmi Mittal's home street world's second most expensive area November 20, 2013

    NRI steel baron Lakshmi Mittal's London residential address, Kensington Palace Gardens, is the second most expensive street in the world, where the average price per square metre is a whopping USD 107,000. According to the data from Knight Frank, published by Billionaire, a sister company of Wealth-X - the world's leading...
  • Rise in India's super-rich club largest in five countries September 11, 2013

    Even with an economic slowdown enveloping the nation, India has recorded the largest increase in its Ultra-High Net Worth Individual (HNWI) club among the BRICS nations in the last one year, with a total of 7,850 super rich people in the country, a report says. BRICS comprises of five countries, namely...
  • Rajasthan: Billionaire compounder of a government hospital arrested July 4, 2013

    Jaipur: A compounder at a government hospital, but a billionare, Mahesh Chandra Sharma was arrested by the Anti-Corruption Bureau in Jaipur for accepting a bribe. In a brief period of time Sharma amassed assets worth Rs 200 crore, which includes a hospital worth Rs 22 crore. Mahesh Chandra Sharma landed in...
  • Philanthropic campaign by Bill Gates gets more pledges May 8, 2013

    Miami: Nine more wealthy families and individuals have pledged to give at least half of their fortunes to charity as part of a philanthropic campaign by two of the world's richest men, Warren Buffett and Bill Gates. The Giving Pledge, which was launched by Gates, the co-founder of Microsoft, and investor...
  • Mumbai brokers arrested for killing Pune billionaire May 6, 2013

    Pune/Mumbai: Two Mumbai realty agents, nabbed in connection with the brutal murder of a Pune billionaire and his secretary for a property deal in Mumbai, were sent to police custody till Friday by a Pune magistrate in Mumbai on Sunday. Ibrahim Ismail Shaikh, 38, and Ravindra Shankar Shetty, 37, were...
  • Singer Madonna joins the billionaire club March 29, 2013

    New York: 'Material Girl' Madonna has become a member of billion dollar club thanks to a very successful MDNA world tour. The 54-year-old singer clinched the top spot through different business deals last year that pushed her net worth past USD 1 billion. She was named the pop's top earner in 2012...
  • Vijay Mallya exits Forbes rich list as his fortune dips March 5, 2013

    New York: Liquor baron Vijay Mallya has been moved out of Forbes' global rich list of 1,226 billionaires, even as the number of Indians in this elite club has grown since last year. With a net worth of USD one billion, Mallya was ranked 45th among 48 Indians on this...
  • Mukesh Ambani 18th richest man in the world: Index January 3, 2013

    Houston: Indian business magnate Mukesh Ambani is the 18th richest person in the world with a personal wealth of $24.7 billion in 2012, according to the Bloomberg Billionaires Index, a daily ranking of the world's 100 wealthiest individuals. Mexican telecommunications magnate Carlos Slim remained the world's richest person holding a...
  • I love sarees, been wearing them since 90s: Naomi Campbell November 11, 2012

    Naomi Campbell threw an expensive and gorgeous 50th birthday party for her Russian boyfriend Vladislav Doronin. The supermodel's spokeswoman, Debi Zornes, says the celebration of Doronin's 50th birthday kicked off in the 15th century Mehrangarh Fort in the city. ...
  • Guests arrive at Naomi Campbell's bash at Jodhpur November 6, 2012

    Jodhpur: Twelve chartered planes today ferried around 200 guests here for the big birthday bash of British supermodel Naomi Campbell for her Russian billionaire boyfriend Vladimir Doronin at the 15th century majestic Mehrangarh Fort. High-end sedans and vintage cars have been roped in for transporting the guests from the Jodhpur Civil...
  • Naomi Campbell in Jodhpur for boyfriend's birthday November 5, 2012

    Jodhpur: British supermodel Naomi Campbell arrived in Jodhpur today with her Russian billionaire boyfriend Vladimir Doronin, who will be celebrating his 50th birthday here on November 7. The couple, who have been dating since 2008, has chosen the magnificent Mehrangarh Fort for the pre birthday bash on November 6 which will...
  • Mallya loses billionaire tag; net worth down to $ 800 mn October 25, 2012

    New York: Liquor baron Vijay Mallya, often referred to as 'King of good times', has lost his billionaire tag as "bad times" in his aviation business have dragged down his net worth to below the $ 1 billion mark. According to Forbes magazine's India rich list released on Thursday, Mallya...
  • 'India's 7,730 super rich collectively own $ 925 bn' September 17, 2012

    New Delhi: India is home to as many as 7,730 ultra high net worth (UHNW) individuals whose combined wealth amounts to a whopping $ 925 billion, says a study. According to the world ultra wealth report 2012-13, by Wealth X, a global wealth intelligence and prospecting company, India has 7,730...
  • Number of China's billionaires falls in Forbes list March 9, 2012

    Beijing: The number of billionaires from China has declined for the first time due to the sluggish domestic stock market and government curbs on sectors like real estate. The number of Chinese, who dominated the Forbes Billionaires List in the past, dropped from 115 last year to 95 this year. The...
  • Over 4 pc of world's billionaires Indians: Forbes March 8, 2012

    New York: India is home to over four per cent of the world's billionaires, including the likes of the Ambani brothers, Azim Premji and NR Narayan Murthy alongside Warren Buffet and Bill Gates in Forbes magazine's annual list of the world's richest people. Forbes's list of 1226 billionaires is topped by...
  • Will Indian HNIs sign the giving pledge in 2012? January 3, 2012

    On March 24, 2011, two significant events took place. In the first, millions of Indians sat glued to their televisions as India beat Australia to enter the semi-finals of the cricket World Cup. Sitting in the crowd at the Ahmedabad stadium were many of India's richest businessmen and celebrities. Less...