Billionaires

Michael Bloomberg Sorry For "Stop And Frisk" Policy, Says "Was Wrong"

World News | Agence France-Presse | Monday November 18, 2019

Billionaire Michael Bloomberg on Sunday walked back his longtime support for the controversial "stop and frisk" policing policy that disproportionately targeted black and Latino New Yorkers as he mulled jumping in the race for president.

What Bill Gates Said About Bihar's Efforts To Fight Poverty, Diseases

India News | Press Trust of India | Monday November 18, 2019

Billionaire philanthropist and Microsoft co-founder Bill Gates on Sunday praised the Bihar government's progress in fighting poverty and disease in the last 20 years. He said only a few places have been able to surpass the achievements made by the state.

Bill Gates Sees "Rapid" Growth In India Economy, Praises Aadhaar Scheme

India News | Press Trust of India | Sunday November 17, 2019

India has the potential for "very rapid" economic growth over the next decade which will lift people out of poverty and allow the government to invest in health and education priorities in an "exciting way", billionaire philanthropist and Microsoft co-founder Bill Gates has said.

Bill Gates Officially Passes Jeff Bezos as World's Richest Person: Bloomberg Billionaires Index

Indo-Asian News Service | Saturday November 16, 2019

The Microsoft co-founder had briefly topped Bezos as the world's richest man last month after Amazon's lacklustre Q3 results.

Bill Gates Surpasses Jeff Bezos, Reclaims Richest Person On Earth Title

World News | Indo-Asian News Service | Sunday November 17, 2019

Billionaire philanthropist Bill Gates officially surpassed Amazon CEO Jeff Bezos at world's richest person on Earth with a net worth of $110 billion - according to the latest Bloomberg Billionaires Index.

Dubai Applies Brakes On Building Boom After Billionaires Call for Pause

World News | Zainab Fattah, Bloomberg | Sunday November 10, 2019

The desert gave Dubai an easy excuse to keep building. But five years into Dubai's property funk, the emirate's leadership is drawing the line.

"Little Michael Will Fail": Trump Mocks Michael Bloomberg's 2020 Run

World News | Agence France-Presse | Friday November 8, 2019

US President Donald Trump mocked "little" billionaire and former New York mayor Michael Bloomberg on Friday, saying his potential opponent for the 2020 election would fail if he joined the race.

Wealth Of World's Richest People Falls For First Time Since 2015: Report

World News | Reuters | Friday November 8, 2019

The world's richest people became a little less well off last year, according to a report by UBS and PwC, as geopolitical turmoil and volatile equity markets reduced the wealth of billionaires for the first time since 2015.

Praised By US Investor, PM Jokes About Trolling, Handling It "Like Ninja"

India News | Edited by Deepshikha Ghosh | Friday November 8, 2019

Prime Minister Narendra Modi, richly praised by billionaire Ray Dalio as one of the best leaders in the world, joked on Friday that the "trolling" after those words would test the American investor's skills of "meditation and being like a Ninja".

US Presidential Hopeful Elizabeth Warren Challenges Bill Gates on 'Wealth Tax'

Agence France-Presse | Friday November 8, 2019

Democratic presidential hopeful Elizabeth Warren offered to meet Bill Gates after the Microsoft billionaire expressed scepticism about her proposal for a "wealth tax" affecting the richest Americans.

World's Richest People Became Poorer By $388 Billion In A Decade: Report

World News | Reuters | Friday November 8, 2019

The world's richest people became a little less well off last year, according to a report by UBS and PwC, as geopolitical turmoil and volatile equity markets reduced the wealth of billionaires for the first time in a decade.

"One Of The Best, If Not The Best, Leaders": US Billionaire On PM Modi

India News | ANI | Friday November 8, 2019

Prime Minister Narendra Modi, who delivered the keynote address at the Saudi Arabia's flagship annual investor meeting recently, has been called "one of the best" leaders in the world by billionaire founder and influential global investor Ray Dalio.

Mukesh Ambani's Jio Advises Airtel, Vodafone Idea On How To Pay Dues

Business | Pratik Parija, Bloomberg | Tuesday November 5, 2019

Billionaire Mukesh Ambani's Reliance Jio Infocomm Ltd. said Bharti Airtel Ltd. can easily raise Rs 40,000 crore ($5.7 billion) by selling some of its assets or shares, while Vodafone Idea Ltd. has no dearth of resources to pay the government its dues.

Mukesh Ambani Preps India's Alibaba With Rs 1.73-Lakh-Crore Holding Company

Business | PR Sanjai, Bloomberg | Tuesday October 29, 2019

After years of spending billions of dollars on the new businesses, billionaire Mukesh Ambani is cleaning up the parent's balance sheet, with the goal of making it free of net debt in less than two years.

The Prince, The Billionaire And Amazon Project That Got Frozen In Desert

World News | Marc Fisher, Jonathan O'Connell, The Washington Post | Monday October 28, 2019

Amazon and Saudi Arabia looked like perfect partners. Both had ambitions to become even more prominent players in the global economy. The world's biggest store and the world's second-biggest oil producer moved aggressively in the past few years toward a $1 billion deal to build Amazon data centers in the desert kingdom.