Money and Wealth

Nigerian-born investor Adebayo Ogunlesi was recently appointed to the board of directors at OpenAI, marking another significant milestone in his illustrious career. Following this announcement, his net worth has climbed from $1.7 billion on January 15 to $2.3 billion, driven by the strong performance of his diverse investment portfolio. Ogunlesi's...

Nigeria's wealth inequality has reached a critical level, with the nation's wealthiest individuals accumulating unprecedented fortunes while millions struggle to meet their basic needs. A recent report by Oxfam revealed that the combined net worth of Nigeria’s four richest billionaires—estimated at $23.7 billion—is substantial enough to cover the entire city...

Wealth accumulation among Ireland’s billionaires saw a staggering rise in 2024, increasing by an estimated $13.4 billion—equivalent to roughly $36.7 million per day. Oxfam reported that the collective wealth of Irish billionaires could cover Phoenix Park with €50 notes nearly 1.5 times over. The year also saw the addition of...

Zhou Chaonan has earned a coveted spot among China’s elite circle of female billionaires and joined the global ranks of the 500 wealthiest individuals. This remarkable achievement comes on the heels of her company’s skyrocketing stock performance, which has positioned it as a key player in the field of artificial...

Climbing into the top 1% of income earners is a rare achievement in North Carolina, South Carolina, or any other state. A new study by SmartAsset outlines the income thresholds required to reach this elite category, offering insights into the earnings needed to surpass that benchmark. SmartAsset’s analysis shows that...

Billionaire wealth worldwide surged to unprecedented levels in 2024, with the collective fortunes of the globe’s 500 wealthiest individuals increasing by $1.5 trillion to approximately $10 trillion. The rise marked the end of a three-year decline, with significant contributions from the tech sector and China’s recovering economy. Elon Musk retained...

Meta founder Mark Zuckerberg reclaimed the title of the world’s third-richest person on Monday, surpassing Oracle founder Larry Ellison. The two tech billionaires had alternated between third and fourth place in the wealth rankings as recently as Friday. Zuckerberg’s net worth climbed by more than 4% to $217.7 billion following...

Denise Coates, the Chief Executive Officer of Bet365 and one of the wealthiest women in Britain received a significant pay cut last year, reducing her total earnings by 45%. Despite this reduction, Coates still took home a package valued at over $188 million for the fiscal year ending March 2024....

In a historic year for global wealth, the world's 500 richest individuals saw their collective net worth soar to an astonishing $10 trillion in 2024. This figure, comparable to the combined GDPs of Germany, Japan, and Australia in 2023, underscores the magnitude of their fortunes, as revealed by World Bank...

The surging valuations of Tesla, SpaceX, and xAI propelled Elon Musk's net worth to an estimated $421.2 billion by the end of 2024, a remarkable increase from $251 billion at the year’s start. Musk made history as the first individual to surpass a net worth of $400 billion, a milestone...