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Asia's richest man, Mukesh Ambani, saw wealth surge $18 billion this year

Business Dec 24, 2019

Asia's richest man, Mukesh Ambani, saw wealth surge $18 billion this year

by P.R. Sanjai

It's been a good year for Asia's richest man, Mukesh Ambani. The Indian tycoon added almost $18 billion to his wealth — the most in Asia — taking his net worth to $61.9 billion, according to the Bloomberg Billionaires Index. In comparison, Alibaba Group Holding ...

Once a bankrupt fishmonger, Hirotake Yano is now a ¥100 shop billionaire

Business Jul 4, 2017

Once a bankrupt fishmonger, Hirotake Yano is now a ¥100 shop billionaire

by Venus Feng and Grace Huang

Selling everyday items to bargain hunters has made the founder of Japan's biggest discount store a billionaire. Hirotake Yano, founder and president of closely held Daiso Sangyo Corp., the self-described "Japanese shopping wonderland," was one of the country's first vendors to adopt a single-price model ...

Editorials Oct 20, 2016

New money and new ways to use it

The world's billionaires control $5.1 trillion, or more money than the entire Japanese economy.

Abramovich's wealth not enough for Chelsea now

Soccer | PREMIER REPORT Mar 18, 2016

Abramovich's wealth not enough for Chelsea now

by Christopher Davies

When you have grown up in the Communist regime of the former Soviet Union, started your business career importing rubber ducks and becoming the 12th-richest person in Russia thanks to owning an oil company, then being accused of "failing to demonstrate even a minimum ...

Gates, fellow billionaires look to plow $2 billion into clean energy initiatives

World Dec 1, 2015

Gates, fellow billionaires look to plow $2 billion into clean energy initiatives

Bill Gates, the world's richest man, led a group of philanthropists in vowing to plow $2 billion into clean energy through personal investments and a new fund to be set up next year. Gates, co-founder of Microsoft Corp., will be joined by 26 private investors ...

SoftBank's Son dethrones Uniqlo's Yanai as Japan's richest person

Business / Corporate Sep 17, 2014

SoftBank's Son dethrones Uniqlo's Yanai as Japan's richest person

Masayoshi Son has surpassed Fast Retailing Co. Chairman Tadashi Yanai as Japan's richest person after SoftBank Corp.'s worth surged 16 percent since the start of last week. Son, 57, had a net worth of $16.6 billion as of Tuesday, according to the Bloomberg Billionaires Index. Yanai, ...

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