Billionaires
Bill Gates to sell $1.1 billion green megayacht – before it’s even set sail
The world’s fourth-richest man is offloading his floating palace, but it comes at a rocky time for the yacht industry.
- by Luke Barr
Latest
Insider trading: In Silicon Valley, you can be worth billions and it’s not enough
Andreas Bechtolsheim, the first investor in Google, has an estimated $25 billion fortune. He recently settled charges that he engaged in insider trading for a profit of $US415,726.
- by David Streitfeld
The Moby Dick manoeuvre: How charity organisers harpoon Sydney’s wealthy ‘whales’
Linda and Joshua Penn, who organise Sydney’s Gold Dinner fundraiser, are at the coal face of prising donations from Australia’s super rich.
- by Andrew Hornery
Tesla doubles down on Musk’s $87b pay package, dismissing court ruling
The electric carmaker will ask shareholders to vote again on massive compensation package for Chief Executive Officer Elon Musk that was nixed by a Delaware court early this year.
- by Dana Hull and Anders Melin
‘We are the black sheep’: The Australian company backed by some of the world’s richest people
Tom Oxley came up with his idea for a brain chip while at Melbourne University in the late 2000s. Now his company has attracted some of the richest people in the world as investors.
- by Matthew Field
Opinion
Rich List
Read it and weep: The Forbes billionaires just got a lot richer
Billionaires now account for $US14.2 trillion of the world’s wealth. To put this into perspective, this is larger than the gross domestic product of any country other than the US and China.
- by Elizabeth Knight
The $10b man: Donald Trump just made the most money he ever has in a single day
Trump’s business empire was supposed to be in peril. Instead, it turned into the single-greatest day on record for the former president’s wealth.
- by Tom Maloney
Opinion
Opinion
Australia has more billionaires than ever. That’s nothing to celebrate
Marking a new high of ultra-wealthy individuals is one record we shouldn’t be cheering about.
- by Victoria Devine
‘Red flags went up’: Former Mar-a-Lago worker details Pratt’s relationship with Trump
A witness in a criminal trial involving Donald Trump claims the Australian billionaire was told information by the former president that “would more than likely be classified”.
- by Farrah Tomazin
The billionaire with a cult following you have probably never heard of
Frank Slootman has developed quite a reputation for his no-nonsense approach.
- by Brody Ford and Tom Maloney
Elon Musk loses world’s richest person title
For the first time in more than nine months, Elon Musk is no longer the world’s richest person. A familiar face now sits atop the list.
- by Tom Maloney and Annie Massa