China’s economic downturn has not been kind to the ultrarich who made their wealth on its rise. In their haste to cough up cash, Hong Kong’s luxury property market has had some fire sales.
Category: High Net Worth Individuals
Jeff Bezos, Elon Musk and the Billions of Ways to Influence an Election
The world’s richest men have their own rocket fleets, their own media and their own schemes to succeed with Donald J. Trump.
How Elon Musk Is Influencing Donald Trump
Their fast-evolving political friendship has become a potential minefield, as Mr. Musk’s sprawling businesses may present conflicts of interest if Mr. Trump is elected in November.
Barry Diller Explores Bid to Take Control of Paramount
Mr. Diller, a digital media pioneer, lost a bidding war for Paramount Pictures decades ago. Now, he’s making a run at its parent company.
Tesla Shareholders Approve C.E.O. Elon Musk’s Pay Package
The vote was seen as a referendum on his management of the electric car maker and on the limits of executive pay.
The Napoleon of Your Living Room
Gary Friedman, who runs RH (formerly Restoration Hardware), is out to conquer the world, one luxurious sofa at a time. Next stop, Waterloo?
In Silicon Valley, You Can Be Worth Billions and It’s Not Enough
Andreas Bechtolsheim, the first investor in Google, has an estimated $16 billion fortune. He recently settled charges that he engaged in insider trading for a profit of $415,726.
Some of Trump’s Biggest Political Backers Also Threw Trump Media a Lifeline
Two billionaires, a wealthy election denier and a mysterious Russia-linked trust invested in the Trump company long before it went public.
India Election: What 10 Years of Modi Has Meant for the Economy
Narendra Modi has kept India on its swift upward path among the world’s largest economies. Many Indians are better off, though wealth gaps have widened.