Money and Wealth

In the entertainment world, it’s increasingly common for young talents to achieve global fame and amass significant wealth at an early age. Among them, Iain Armitage, best known for his portrayal of Sheldon Cooper in Young Sheldon, has emerged as the wealthiest child actor, surpassing peers like Modern Family star...

Francoise Bettencourt Meyers, the L’Oréal heiress who held the title of the world’s richest woman at the close of 2023, has experienced a sharp financial setback in 2024. Her net worth has dropped by $26 billion, reducing her fortune to $74 billion. This decline makes her the second-largest wealth loser...

Some of the world’s wealthiest individuals are pouring resources into technologies and drugs aimed at extending human life. A notable example is Amazon CEO Jeff Bezos, who has invested $3 billion in Altos Labs, now the largest biotech company. Altos Labs is focused on biological reprogramming technology, which seeks to...

Ven Ajahn Siripanyo, the sole son of Malaysian billionaire Ananda Krishnan, chose to forgo his inheritance of a $5 billion empire to dedicate his life to monasticism. Ananda Krishnan, among Malaysia’s wealthiest individuals, oversees a vast business empire spanning telecommunications, satellites, oil, real estate, and media. Ajahn Siripanyo, born into...

Elon Musk, CEO of Tesla, has achieved a new personal wealth milestone, reaching a net worth of $348 billion. This record cements his status as the richest person in history. His wealth has seen a significant boost following a rapid rise in Tesla's stock price, which gained momentum after the...

Francois Pinault, the 88-year-old founder of Kering, has fallen out of the top 100 richest individuals globally as his son faces challenges revitalizing Gucci, the luxury conglomerate's largest brand. For the first time in over a decade, Pinault is now ranked 105th among the world’s wealthiest—a significant drop from his...

Bitcoin, the pioneering digital currency, recently surpassed the $98,000 mark, elevating its enigmatic creator, Satoshi Nakamoto, to 18th on the global list of the richest individuals. Previously, Satoshi had occupied the 19th spot. Thursday saw Bitcoin hitting an unprecedented $98,370, extending its winning streak to four consecutive days. This upward...

Billionaires around the world are wealthier and more numerous than ever, with their collective fortunes reaching unprecedented levels. The 2023 Billionaire Census by Altrata revealed that the global population of billionaires increased by 4% to a total of 3,323, while their combined net worth jumped by 9% to a record-breaking...

The Arnault family, owners of the luxury conglomerate LVMH, has revealed an ambitious plan to turn Paris FC into a leading force in French football. This strategy will involve the expertise of Jürgen Klopp, as well as a partnership with energy drink giant Red Bull, which will become a minority...

OpenAI's tax filings for 2023 revealed that CEO Sam Altman earned $76,001 in compensation for leading what has become one of the world's most valuable startups. This amount represents a 3.4% pay increase from 2022 when he earned $73,546. For comparison, the median household income in San Francisco County—where Altman...