Zara founder buys Seattle skyscraper for $323 million
The purchase follows a $500-million investment in a 64-floor skyscraper of luxury apartments in New York’s Financial District.
Extremely Wealthy
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Swiss billionaire's top unicorn is severely trimmed back
Simultaneously with this reduction, the company also reduced the price at which employees can exercise their stock options. Originally about $252 per share, it has now been reduced to about $65.
Billionaire John Paulson Stands To Make $500 Million From Horizon’s Sale To Amgen
Now it looks to pocket about $500 million from Amgen’s $27.8 billion acquisition of Horizon Therapeutics.
Elon Musk slips out of first place in world wealth ranking — but only briefly
This was the first time Mr. Musk lost his title of richest since he passed Amazon founder Jeff Bezos in September 2021.
Japanese Tycoon Unveils Moon Trip Crew
The plan is to send a crew to the moon for a six-day round trip with no landing in hopes that the experience will positively inspire the creative work of artists.
Super rich folks in wealth hubs, including S’pore, still have their eyes on crypto
Over 70 per cent of the 1,500 people polled said they are moderately or highly interested in digital assets, with almost half saying they think most assets will be digitalised in future.
Secretive Gulf Family's $300 Billion Fortune Is About More Than Oil
The Al Nahyan family owns Manchester City Football Club, a dozen or so palaces and invested big in SpaceX and Savage X Fenty.
‘Tis Always the Season for Billionaire Philanthropy
Americans are their most charitable at year’s end. But even on days like Giving Tuesday, billionaire donors crowd out the impact of small-dollar gifts.
These are the Richest Bankers in Switzerland
The widespread stock market collapse wiped out vast sums of value this year, although many of Switzerland's super-rich managed to escape fairly unscathed.
Buffett Donates $758 Million in Berkshire Shares to Charity
Buffett made the donation after converting 1,600 Class A shares into 2.4 million Class B shares.
World's richest man Elon Musk's wealth has taken a $100 billion hit in 2022, thanks to plummeting Tesla shares
Elon Musk's wealth has fallen $100.5 billion so far in 2022, per Bloomberg Billionaires Index.