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Billionaire Brothers Acquire Asda for £6.8 Billion
October 2, 2020
The EG Group founders’ deal with Walmart brings the supermarket giant back under British ownership.
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Apple CEO Tim Cook Receives First Major Stock Grant Since 2011
September 30, 2020
The grant, worth $114 million, ensures that the newly minted billionaire will be highly compensated through to 2025.
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Masayoshi Son Cuts SoftBank Shares Pledged to Lenders
September 25, 2020
In a move that may reduce the likelihood of SoftBank being taken private, its billionaire CEO has reduced stock pledged to financial institutions.
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Qantas CEO’s Pay Falls 83% During Coronavirus Pandemic
September 18, 2020
Alan Joyce fell from the ranks of Australia’s highest-paid business leaders by refusing his salary and share incentives.
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IPO Briefly Makes Bottled Water Entrepreneur China’s Richest Man
September 8, 2020
A record flotation saw Zhong Shanshan’s personal wealth elevated above that of Jack Ma, if only for a few hours.
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Volkswagen Not Seeking a Deal With Tesla, Says Diess
September 8, 2020
The VW CEO poured cold water on speculation of a partnership after meeting with Elon Musk in Germany.
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Jack Ma’s Ant Group May See Largest Float Ever
August 26, 2020
All eyes will be on the Chinese billionaire’s firm as it threatens to beat Saudi Aramco’s initial valuation.
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Apple Becomes the US’s First $2 Trillion Listed Company
August 19, 2020
Wednesday trading saw Apple’s market cap rise above the $2 trillion mark for the first time in Wall Street’s history.
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Elon Musk Becomes the World’s Fifth-Richest Man, Again
August 18, 2020
Following a stock surge, the Tesla CEO’s net worth has risen above that of Warren Buffett and Mukesh Ambani.
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Tim Cook Achieves Billionaire Status
August 11, 2020
Buoyed by rising Apple share prices, the influential tech CEO finally joins the billionaire club.
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Mark Zuckerberg Becomes the World’s Third Centibillionaire
August 7, 2020
The Facebook founder’s fortune has grown to $100 billion, placing him in the company of Jeff Bezos and Bill Gates.
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Jeff Bezos Sells Amazon Shares Worth $3.1 Billion
August 6, 2020
The Amazon CEO’s first stock dump since the outbreak of the COVID-19 pandemic adds to a sale of $4.1 billion in February.
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