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China’s richest man loses £2bn in one day after Ant Group float is blocked by Beijing By Francesca Washtell For The Daily Mail Published: 21:51 GMT, 4 November 2020 | Updated: 21:51 GMT, 4 November 2020 China’s richest man Jack Ma had more than £2billion wiped off his fortune in one day after Beijing blocked … Read more
The coronavirus pandemic has continued to eat away at the finances of Britain’s poorest families, an economic think tank has warned. Families from lower-income groups have been left bearing the brunt of the struggling economy, with their outgoing costs outstripping any savings brought about by the current restrictions and leaving them with increasing debts. In comparison … Read more
One of the world’s richest men is embroiled in a bitter war of words with a community of ‘urban explorers’ who he claims keep breaking into the crumbling Surrey mansion his wife purchased six years ago for £26million. Oligarch German Khan says he is angry that people keep gaining entry to film inside the sprawling … Read more
Leading bidder pulls out of race to buy stricken department store chain Debenhams By Daily Mail City & Finance Reporter Published: 21:51 BST, 11 October 2020 | Updated: 21:51 BST, 11 October 2020 The leading bidder has pulled out of the race to buy the stricken department store chain Debenhams, according to reports. India’s richest … Read more
Amazon CEO Jeff Bezos has topped Forbes’ list of richest Americans for the third year in a row, while President Donald Trump’s ranking dropped as the coronavirus pandemic slammed his office buildings, hotels and resorts. The aggregate wealth of the Forbes 400 list, released on Tuesday, rose to a record $3.2 trillion, as the richest … Read more
Ex-wife of Amazon founder Jeff Bezos now world’s richest woman after share price rallies 91% this year By Daily Mail City & Finance Reporter Published: 21:50 BST, 2 September 2020 | Updated: 22:27 BST, 2 September 2020 The ex-wife of Amazon founder Jeff Bezos has become the richest woman in the world after the astonishing … Read more
Jeff Bezos’ ex-wife MacKenzie Scott has become the world’s richest woman after Amazon shares surged amid coronavirus lockdowns. Scott, who owns a 4 percent stake in the ecommerce giant, has added another $30.3 billion to her bank balance in the last year, taking her net worth to a staggering $67.4 billion, according to Bloomberg Billionaires … Read more
New antibody testing data released by New York City health officials show how the novel coronavirus ravaged lower-income communities and mostly spared wealthier areas. Across the Big Apple, more than 27 percent of the nearly 1.5 million tests came back positive for a built-up immune response against COVID-19, the disease caused by the virus. Among … Read more
Elon Musk is now the fourth richest person in the world after gaining $8BILLION in one day as Tesla’s stock rise 11% to an all-time high Musk was the fourth richest man in world at the close of trading on Monday Tesla shares soared again to all-time highs after company announced 5-1 split Stock splitting … Read more
Elon Musk is now the world’s fifth richest man after his net worth hit $74 billion Monday afternoon thanks to Tesla’s ongoing stock rally. Shares in the company, founded by Musk, 49, hit $1,643.00 – a 300 per cent increase since January 2020 and up 60 per cent since the end of June. Tesla is now worth … Read more