Billionaire
Controversial billionaire tax proposal declared eligible for the November ballot
A controversial proposal to tax California billionaires to fund healthcare has tenatively qualified for the November ballot, setting the stage for a more intense and expensive battle over whether...
SpaceX surge further boosts Saudi billionaire prince’s fortune
Alwaleed Talal’s investment firm holds 42.4 million shares in SpaceX, valued at US$6.8 billionPublished Sun, Jun 14, 2026 · 05:57 PMFRIDAY’S (Jun 12) debut share surge for SpaceX is...
California billionaire tax proposal attracts 1.5 million signatures. Here’s what happens next
California, home to the ultra-rich in Silicon Valley and Hollywood, is embroiled in a heated fight over whether to tax billionaires to fund healthcare.This week, supporters of the proposed...
Nigerian billionaire Dangote proposes new East Africa refinery
Nigerian billionaire Aliko Dangote unveiled plans to build a crude oil refinery in Tanzania that would replicate the output of his giant plant in Lagos to leverage continent-wide calls...
AI boom catapults San Francisco median home price above $2 million
The artificial intelligence boom has driven up San Francisco’s median home sales price to a record $2.15 million.Real estate brokerage firm Compass said that recent transactions showed that some...
Another billionaire confirms California exit: Uber co-founder Kalanick
Uber co-founder Travis Kalanick said he moved to Texas in December, adding to the list of billionaires who have left California ahead of a proposed wealth tax. In an...
Fears for press freedom as billionaire takes control of East Africa’s largest media house
After the acquisition this week of East Africa's biggest media outfit by a politically well connected billionaire businessman, questions are being asked about the future of independent journalism in...
Billionaire Henry Cheng’s units agree settlement with Hong Kong regulator
The SFC says that the settlement is in the public interest and underscored the need to comply with takeover rulesPublished Wed, Feb 18, 2026 · 01:30 PM[HONG KONG] Business...
AI’s latest 20-something billionaire got his start at L.A. garage sales
The man set to become one of the world’s youngest artificial intelligence billionaires started his entrepreneurial journey as a bored preteen living in Los Angeles.When Ali Ansari was 12,...
Explaining California’s billionaire tax: The proposals, the backlash and the exodus