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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.
US entrepreneur Jen Rubio arrives for the 2026 Met Gala celebrating Costume Art at the Metropolitan Museum of Art, in New York, on May 4. Photo: AFP
Fame and celebrity

Meet Away’s glam co-founder, Jen Rubio – a fashionista in the making

The co-founder of luggage manufacturer Away has been making fashion waves at Cannes and the Met Gala – so who is she exactly?

Britain

Queen pushed for ex-prince Andrew’s appointment as trade envoy

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Social media

Video | Corporate billionaires are China’s newest influencers

Thailand

Thailand’s Singha beer dynasty rocked by sexual abuse allegations

The kingdom’s most-watched family scandal in years has prompted a sacking, a televised confessional – and a warning from media regulators.

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The Singha and Leo brands of the Bhirombhakdi family’s Boon Rawd Brewery account for roughly two-thirds of Thailand’s beer market. Photo: Shutterstock
Elon Musk

US jury rules against Musk in OpenAI feud, finding lawsuit came too late

Jurors deliberate for less than two hours before tossing Elon Musk’s breach-of-contract claims against OpenAI and its founders.

United States

US prosecutors drop fraud charges against Indian billionaire Gautam Adani

Adani, one of the world’s richest people, had been accused in 2024 of paying huge bribes to ensure the success of a solar project in India.

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Crime

Around 10 ‘new’ victims emerge in France’s expanding Epstein probe

Authorities target French perpetrators who facilitated the late American sex offender’s crimes.

Jeffrey Epstein in an undated photo released by the late financier’s estate. Photo: House Oversight Committee via TNS
India

Indian tycoon Adani agrees to pay US$6 million to settle SEC fraud case

Multiple agencies could soon drop charges against Asia’s richest person and resolve investigations into his company.

2026 Xi-Trump summit

Musk joins Trump’s Beijing delegation as a ‘natural bridge’ for trade

Gigafactory stakes and a push for self-driving software approval cast the billionaire as a key US envoy while seemingly sealing a reconciliation with Trump.

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China property

Ex-adviser urges China to tackle inequality with higher taxes on ultra-rich

Raising taxes on assets, incomes of high earners will add to state revenues and incentivise protecting property rights, economist says.

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China should tax the ultra-rich’s property and income streams to align government incentives with protecting property rights and stabilising expectations, a prominent economist has said. Photo: Reuters
Thailand

Video | Thailand’s ex-PM Thaksin Shinawatra released from prison

Thaksin has served 8 months since September 2025 for an abuse of power conviction.

Thailand’s former prime minister Thaksin Shinawatra (R) hugs his daughter Paetongtarn Shinawatra upon his release at Klong Prem Central Prison in Bangkok on May 11, 2026. Thailand’s former prime minister Thaksin Shinawatra was released early from prison on May 11, raising the prospect of a return to the spotlight for the political heavyweight. (Photo by Lillian SUWANRUMPHA / AFP)
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Thailand

Thaksin exits jail to a Thailand that seems to have moved on from Shinawatra era

The former prime minister’s once unassailable Pheu Thai party is now just a minor player in Anutin Charnvirakul’s government.

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X (formerly Twitter)

French prosecutors open judicial investigation into Elon Musk and X

Move follows tech billionaire’s failure to attend an April summons over possible abuses on his social media network X.

Sexual harassment and assault

Purported Epstein suicide note unsealed by US judge

A cellmate of Epstein reportedly found the note following the sex offender’s first alleged suicide attempt in July 2019.

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The purported suicide note. Photo: US District Court for the Southern District of New York via Reuters
United States

Trump family’s crypto project sues billionaire backer Justin Sun

The Trumps’ World Liberty Financial accused Sun of launching a ‘public smear campaign’.

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Justin Sun at Korea Blockchain Week 2025 in Seoul. Photo: Reuters
India

Meet Diya Joukani, the social media star seen with Rihanna at a Fenty event

The viral designer has over half a million followers on Instagram and filmed a ‘cool girl from India’-style video with Rihanna in Mumbai.

South Korea

How Samsung clan made a US$45 billion financial comeback in 1 year

The Lee dynasty is now Asia’s third-richest family, up from 10th last year, thanks to an AI-driven upswing in semiconductor valuations.

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Artificial intelligence

Elon Musk’s trial against Sam Altman reveals power struggle for OpenAI

Musk, one of the original co-founders of OpenAI, is seeking US$150 billion in damages from the company and Microsoft, one of its largest investors.

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OpenAI CEO Sam Altman approached ​Musk about co-founding OpenAI in May 2015. Photo: TNS
United States

Trump’s ‘gold card’ visa granted to just 1 person so far

This appears to fall short of an earlier claim that the scheme had brought in US$1.3 billion ‘worth’ in just days.

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Wealth management

Mainland China’s ultra-wealthy numbers rise as Hong Kong poised for rebound

China’s ultra-wealthy population has grown 23 per cent in five years, while Hong Kong is forecast to see a 25 per cent rebound by 2031.

United States

Billionaire Justin Sun sues Trump family crypto venture

The entrepreneur says his WLFI assets were frozen by World Liberty Financial, and he has been unable to resell the electronic currency.

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TRON founder Justin Sun speaks at an event in Seoul, South Korea, in September 2025. Photo: Reuters
Britain

UK PM insists he won’t resign over Mandelson scandal

Starmer’s remarks in parliament came as he faced fresh calls to step down over his admitted error of judgment in appointing Mandelson.

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British Prime Minister Keir Starmer walks outside 10 Downing Street in Britain on Wednesday. Photo: Reuters
Britain

Starmer admits mistake appointing Epstein’s friend as ambassador as leadership teeters

UK prime minister, under pressure to resign by opponents, says officials did not tell him about Peter Mandelson’s failed vetting.

Australia

Singapore tycoon wants banks to pay US$1 billion for Australian NewSat collapse

The suit claims that the lenders failed to honour loan agreements, preventing NewSat from building its satellites.

Britain

Allies back Starmer as Mandelson saga leaves UK leader fighting for his job

The British PM will address Parliament to defend his job amid growing calls to resign over the Mandelson scandal.

British Prime Minister Keir Starmer. Photo: Reuters
China property

Tycoon Pan Shiyi slams China property ‘Ponzi’ as Evergrande boss pleads guilty

Writing from US in a since-deleted post, Soho China founder warns that property recovery is impossible without buyer trust, as new data shows home sales still plunging.

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An abandoned Evergrande construction project is seen on Tuesday in China’s Anhui province. The founder of the Chinese property giant has pleaded guilty to charges of fraud and bribery, a court said on Tuesday. Photo: AFP
TikTok

From ‘probing minds’ to verified account: how Musk’s stance on TikTok shifted

The billionaire’s surprising return to TikTok reveals his evolving tech diplomacy, with his account quickly gaining 120,000 followers.

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China Evergrande Group

Founder of China’s Evergrande Group Hui Ka-yan pleads guilty in fraud trial

Milestone in downfall of company that was once the world’s largest developer is unlikely to move the market, analysts say.

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