Ray Dalio – worth US$19 billion- will get billions more after ‘frantic’ exit negotiations
Dalio, 73, announced his retirement from his hedge fund last October.
Billionaires
Elusive Chinese billionaire Jack Ma ‘spotted in Australia’
Ma has almost completely disappeared from public view after Chinese regulators shut down his fintech company Ant Group’s IPO in late 2020.
Fallen unicorns: Startup billionaires nearly US$100 billion poorer than a year ago
Seven of Australia’s 50 Richest made their fortunes in tech. But this year they’re part of a global trend where startup billionaires are nearly US$100 billion poorer than a year ago.
‘Largest in history’: Michael Jordan’s incredible US$10 million gesture
Jordan has now donated more than $15 million to Make-A-Wish, also committing $50 million to racial equality causes in the wake of George Floyd’s murder.
Rihanna’s US$6 million payday from 3 second act
Singer Rihanna’s makeup touch-up during her Super Bowl performance has earned her brand Fenty Beauty US$5.6 million in media impact value in the first 12 hours.
Pharrell Williams revealed as Louis Vuitton’s new mens creative director
The position was last held by Virgil Abloh, who died in 2021.
Revealed: The world’s 10 highest-paid entertainers
The world’s top-earning celebrities—including aging rock stars, the Simpsons’ creators and a Puerto Rican rap star—made more than $1.3 billion last year.
Billion dollar blows: Google’s AI miss headlines week of pain for world’s richest
A misstep with Alphabet’s new AI chatbot sent shares tumbling, and the world’s richest person lost billions.
Aussie billionaire’s Lamborghinis smashed by Crown valet driver
Billionaire Laurence Escalante, who owns online casino Virtual Gaming Worlds, confirmed two of his Lamborghinis had been involved in the crash.
The NBA’s only billionaire just broke the ‘unbreakable’ record
LeBron James, the first active NBA player to reach billionaire status, now also holds the record as the greatest scorer of all time.