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Millionaires and billionaires

Millionaires and billionaires
What's it really like to be a wealthy millionaire or billionaire? Keep up to date with the crazy, rich lives of the world's richest people.
Daryl Ng (Left) will take over as chairman of Sino Land from his father Robert Ng Chee Siong (right). Photo: SCMP
Hong Kong

Daryl Ng takes the helm at US$16.3 billion Sino Group in leadership shift

Robert Ng Chee Siong, 72, is handing over the baton to his eldest son after 34 years as chairman of the group.

Hong Kong

Hong Kong court freezes US$1.8 billion HSBC account in Wahaha inheritance fight

Family offices

Why are more wealthy mainland companies coming to Hong Kong for mediation?

Sean 'Diddy' Combs

Sean ‘Diddy’ Combs asks for release on US$50 million bond ahead of sentencing

Music mogul’s lawyer says conditions at the Brooklyn detention centre are dangerous. Combs was found guilty of prostitution-related offences.

Sean “Diddy” Combs in 2023. Photo: AFP / Getty Images / TNS
Crime

Ghislaine Maxwell denied immunity to testify before Congress in Epstein case

The sex offender’s call for immunity comes as Trump and others race to find out what she knows about Jeffrey Epstein’s sex-trafficking ring.

US-China relations

Chinese tycoon’s proposed water deal spurs objections in US state of New Hampshire

Zhong Shanshan firm’s US subsidiary had planned beverage plant using city’s surplus water.

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Hong Kong property

Law Society buys 26th floor of The Center at half price amid bargains

The 26th floor of The Center, sold for HK$345 million by the Gale Well Group, was handed over to the Law Society of Hong Kong on July 25.

Exterior view of The Center (foreground) building in Central on November 2, 2017. Photo: Nora Tam
China property

China Evergrande nears delisting as 18-month suspension deadline expires

Trading in the company’s shares has been suspended since January 29, 2024, after a Hong Kong court ordered its liquidation.

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Donald Trump

Trump asks for swift deposition of Rupert Murdoch in Epstein defamation case

Trump is suing The Wall Street Journal and owners, including Murdoch, over a report that Trump’s name was in a birthday card for Epstein.

Sexual harassment and assault

Trump says he turned down invitation to sex offender Jeffrey Epstein’s island

US president claimed he cut ties after Epstein tried to recruit staff. The private island is alleged to have been the site of sex trafficking.

An anti-Trump protester holds a placard showing a photo of US President Donald Trump posing with convicted sex offender Jeffrey Epstein as protesters march at Balmedie, near Trump International Golf Links in Aberdeenshire, Scotland on Monday. Photo: AFP
Sex and relationships

Meet jewellery mogul Kendra Scott, who’s engaged to country star Zac Brown

Having started her first business at the tender age of 19, Scott is now almost a billionaire – her musician fiancé is embroiled in a messy divorce from actress, model and stuntwoman Kelly Yazdi.

Jewellery mogul Kendra Scott and country music star Zac Brown recently announced their engagement. Photo: @officialkendrascott/Instagram
Fame and celebrity

Steve Jobs’ daughter Eve just got married – and Elton John performed

The wedding took place at Estelle Manor in Oxfordshire, with Bruce Springsteen’s daughter Jessica serving as one of the bridesmaids; also in attendance were Brooklyn and Nicola Peltz Beckham.

China property

Super-rich investors eye Shanghai hotels for scarcity value, tourism appeal

High-net-worth individuals and corporate investors accounted for 88 per cent of all property deals in Shanghai last quarter, according to JLL.

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Donald Trump

Epstein’s ex Maxwell answered all questions from US Justice Department: lawyer

The Trump administration is trying to contain fierce backlash from the US president’s base over the Epstein files.

An undated trial evidence image shows British socialite Ghislaine Maxwell and US financier Jeffrey Epstein. Photo: US District Court for the Southern District of New York via AFP
Donald Trump

Trump offers surprise support to Musk, as Tesla stock plunges

The US president says he wants the billionaire to ‘THRIVE’, in a startling development after their recent bitter public feud.

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Elon Musk speaks at a confearence in Beverly Hills, California, in May 2024. Photo: TNS
Donald Trump

White House pushes Obama ‘coup’ story as Epstein questions mount

Tulsi Gabbard attempts to shift the narrative from the Trump administration’s handling of the Jeffrey Epstein case and renewed revelations.

United States

Trump-led DOJ wants to speak to Ghislaine Maxwell, Epstein’s ex-girlfriend

Following backlash over Epstein records, the DOJ’s overture to Ghislaine Maxwell is part of President Trump’s directive to release ‘all credible evidence’.

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Victoria Beckham

Victoria Beckham on Ferraris, fashion, and her upcoming Netflix documentary

Thom Browne and Anna Wintour persuaded the former Spice Girl to show her latest collection in New York, and her brand is doing better than ever thanks to a canny pivot to make it more affordable.

Victoria Beckham presented her latest resort collection at Centurion New York this May. Photo: @victoriabeckham/Instagram
Donald Trump

Request to unseal Epstein grand jury records likely to disappoint, ex-prosecutors say

Justice Department’s bid to unseal Epstein-Maxwell grand jury transcripts faces scepticism.

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Fame and celebrity

Who is fashion designer Tamara Ralph’s partner, Bhanu Choudhrie?

Tamara Ralph – designer to stars including Meghan Markle and Hailee Steinfeld – was supported at Paris Haute Couture Week by her partner of 5 years, Bhanu Choudhrie – so who is he?

Wealth management

Explainer | Why family feud at Wahaha is no laughing matter for China’s private businesses

At stake is succession planning at Wahaha, China’s biggest privately owned soft drink bottler with US$7.2 billion of sales in 2022.

Wahaha’s brand and logo displayed in a smartphone. Photo: Getty Images
Fame and celebrity

Meet edgy Broadway producer Jordan Roth, son of billionaire realtor Steven Roth

Roth’s 2012 wedding to author Richie Jackson was attended by Donald Trump and Melissa Etheridge; off-Broadway, Roth serves on the board of multiple foundations.

Avant garde Broadway producer Jordan Roth wears Robert Wun Custom Couture for Halloween 2024. Photo: @jordan_roth/Instagram
Donald Trump

Trump seeks release of Epstein grand jury documents, blasts birthday letter story

US president asks for release of documents, and threatens to sue over story about an alleged 2003 birthday letter to Jeffrey Epstein.

United States

Meta’s Zuckerberg and board members settle lawsuit over Cambridge Analytica

Averting a high-profile trial, the settlement prevents Mark Zuckerberg and other tech luminaries from testifying under oath.

Wealth management

Wahaha heiress’ inheritance battle puts Chinese family firms in spotlight

Lawsuits raise questions about corporate governance amid pressure from shaky economy and keen competition, analysts say.

Kelly Zong Fuli speaks at a business forum in Hangzhou, in east China’s Zhejiang province, in 2020. Photo: Getty Images
Donald Trump

Trump blasts own supporters as ‘weaklings’ for falling for Epstein ‘hoax’

US president clamps down on criticism of his administration’s handling of much-hyped files in the sex-trafficking case.

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US President Donald Trump speaks during a meeting in the Oval Office on Wednesday. Photo: AFP
United States

‘Government misconduct’ could free Ghislaine Maxwell in Epstein sex case: family

The family of Jeffrey Epstein’s accomplice Ghislaine Maxwell alleges her imprisonment breaches a broken US government deal.

Hong Kong property

Kuok Hui Kwong, daughter of Malaysia’s richest man, to lead Shangri-La Asia

Kuok has been Shangri-La Asia’s executive director since June 2016 and chairman since January 2017.

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