Money and Wealth

The owner of Royal Mail has unequivocally accepted a £3.57 billion ($4.6 billion) takeover bid from Czech billionaire Daniel Křetínský, solidifying the sale of one of Britain’s oldest and most iconic institutions. International Distribution Services (IDS), which owns the loss-making postal service, has firmly accepted a £3.70-per-share ($4.69) takeover offer...

Texas women are making significant strides in the world of self-made wealth. There are twelve Texan entrepreneurs on the prestigious 'Richest Self-Made Women' list, joining the ranks of celebrities like Taylor Swift, Rihanna, and Oprah Winfrey. To qualify for this list, the wealth of these women must be self-earned through...

Diane Hendricks, hailing from Osseo, Wisconsin, envisioned a future far from the dairy farm she grew up on. Today, at 77, she stands atop the list of America's Richest Self-Made Women for the seventh consecutive year, with an estimated net worth of $20.9 billion, largely attributed to her roofing supplies...

Françoise Bettencourt, heiress to the L'Oréal empire, holds the title of the richest woman globally, boasting a fortune of $101 billion, securing her position as the 14th wealthiest individual worldwide, as per the Bloomberg Billionaires Index. However, in France, the crown for the wealthiest individual belongs to Bernard Arnault, the...

Glenn Fogel, the CEO of Booking Holdings and its flagship brand Booking.com, claimed the title of the highest-paid travel CEO among S&P 500 companies in 2023, with a total package valued at $46.7 million. For the analysis, only pure-play travel companies were considered, excluding CEOs from banks such as JPMorgan...

The list of America’s Richest Self-Made Women highlights a record-breaking year for the affluent and well-known, featuring 15 celebrities whose combined net worth has surged to $13.3 billion, a 23% increase from last year. The list includes prominent figures from the music and entertainment industries such as Beyoncé, Madonna, Ellen...

Hajime Satomi, Chairman and Group CEO of Sega Sammy Holdings, has been named one of the two pachinko industry veterans on the 2024 list of Japan's Richest 50. Satomi's fortune has gradually decreased over the years, peaking at $1.5 billion in 2007. In the meanwhile, 16 tycoons on this year's...

An extravagant wedding celebration for Anant Ambani and Radhika Merchant unfolds aboard a luxury Mediterranean cruise from May 28 to 30, with around 800 guests setting sail from Barcelona. Despite the event's confidentiality, the arrival of nearly a dozen private jets last Monday, including an Atlas Air Boeing 747-400F and...

IOI Properties, under the control of Malaysian billionaire brothers Lee Yeow Chor and Lee Yeow Seng, has appointed real estate veteran Lorraine Shiow as the new CEO for Singapore. This strategic move aims to bolster the company's expansion in the city-state, a critical market where a significant portion of IOI's...

Over the past five decades, Philip Anschutz has amassed significant wealth through ventures in oil, railroads, telecommunications, real estate, and entertainment, which currently reaches an estimated $15,2 billion. He is the majority owner of the NHL’s Los Angeles Kings and holds a stake in the MLS’s Los Angeles Galaxy. Additionally,...