Hong Kong Tycoons Commit Another $3.9 Million To Growing List Of Covid-19 Vaccination Incentives
Hong Kong billionaires Li Ka-shing and Henry Cheng will hand out shopping vouchers and cash grants worth a total of HK$30 million ($3.9 million) to residents to boost the city’s sluggish coronavirus vaccination rate.
Inside A Vera Bradley Cofounder’s Next Project: A Luxury Hotel In Fort Wayne, Indiana
Barbara Bradley Baekgaard’s new hotel is a $30 million love letter to her home state.
Billionaire Xavier Niel’s Telecom Giant Free Hosted 48% Of Child Sex Abuse Imagery Found During Two-Year Investigation, Says Nonprofit Group
Niel’s internet provider Free is popular with its French customers—and those “hosting and sharing” illegal CSAM images and videos, according to a new report.
RNC Paid Trump’s Former Bodyguard $585,500 Over Four Years
The Republican National Committee paid a company belonging to Keith Schiller, Donald Trump’s former director of security in his private business, $585,500 over more than three years.
Eccles Family Behind Utah Banking Fortune Donates $110 Million To University Of Utah’s Medical School
The school will be named for Spencer F. Eccles, whose family has given a total of $1.25 billion to benefit Utah and the western United States.
Japanese Female Billionaire Set To Join SoftBank Board, Boosts Gaming Credentials
SoftBank is expected to add Keiko Erikawa, one of the few female billionaires in Japan, to its board of directors, a move that could help the Tokyo-based technology giant push into the booming field of games.
Jeff Bezos And The Other Billionaire Space Cowboys
The Amazon founder is heading to space in July. He isn't the first billionaire astronaut, and he won't be the last, but he will be the first to bring his own spaceship.
Sarah Huckabee Sanders Routes Money To Donald Trump Via Gubernatorial Campaign
Former White House Press Secretary Sarah Huckabee Sanders is running for governor of Arkansas, and Donald Trump is benefitting.
China’s Education Entrepreneurs Suffer $27 Billion Wealth Wipeout Amid Industry Crackdown
Beijing's crackdown on the private tutoring industry has hit three of the industry’s most prominent entrepreneurs, wiping out a combined $27 billion of their wealth in mere months.
Editor’s Sidelines, June 2021: Rising To The Top
The June issue of Forbes Asia magazine features the latest Korea and Malaysia Rich Lists, and the cover story of EV billionaire William Li. The coverage illustrates how Asia continues to rise to the top in the global business community despite the pandemic.
Australian Property Tycoon Lang Walker Bullish About Future, With New Projects In The Pipeline
Property tycoon Lang Walker hasn’t let the pandemic slow him down. The Australian billionaire has shrewdly used the downturn to grow his Sydney-based Walker Corp.’s pipeline of planned projects by 36% in the past 12 months.
Did Anonymous Really Just Threaten Elon Musk Over Viral Bitcoin Tweets?
A threatening video addressed to Elon Musk has been published on YouTube, but is it really from the infamous Anonymous hacking collective?
China Expat Entrepreneur: ‘Perfect Introduction,’ Climate Pressure Help Spur Architect’s Success
Recovery from Covid-19 is also giving a boost to businesses in China
Medline’s $30 Billion LBO Is Latest Megadeal Marrying World’s Richest And Private Equity Giants
The $30 billion buyout of family-owned medical supplies giant Medline Industries underscores how the world's richest families are striking massive deals with private equity giants to go global.
Enrique Razon Takes Over Manila Water As Philippine Tycoon Steps Up Infrastructure Bets
Billionaire Enrique Razon Jr. has taken control of Manila Water from Ayala Corp.—the Philippines’ oldest conglomerate—as the ports and gaming tycoon expands his investments in infrastructure projects.
Aussie Regulators Widen Casino Probes, Looking Into Billionaire James Packer’s Crown And Suitor Star
Australia's anti-money laundering watchdog is looking into Crown Resorts and its suitor Star Entertainment Group.
‘Baby Shark’ Producer’s Uncle Sees Fortune Triple After Spin-Off To Focus On Startups
Kim Chang-soo ranks No. 18 among billionaires in Korea on the Real-Time Billionaires List, just behind LG Chairman Koo Kwang-mo and Naver cofounder Lee Hae-jin.
Philippine Billionaire Ramon Ang’s San Miguel Earmarks $627 Million To Expand Animal Feeds Production Capacity As Profit Jumps
San Miguel Foods & Beverage (SMFB), controlled by billionaire Ramon Ang, is spending 30 billion pesos ($627 million) to expand the company’s animal feeds production capacity amid a strong recovery in the group’s profit.
Google Cofounders Page And Brin Selling Alphabet Shares After Years Of No Sales
The two have sold $448 million worth of Alphabet stock since May—in their first sales since 2017.
British Billionaire Family Feud Nears An Amicable End As Sir Frederick Barclay Settles Ritz Hotel Bugging Scandal
The settlement could bring an end to the $4 billion succession dispute at the heart of Britain’s reclusive Barclay family.
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