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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.
Members of the Samsung Electronics trade union walk on a banner showing a picture of Samsung Electronics chairman Jay Y. Lee after a rally demanding higher bonuses at its computer chip complex in Pyeongtaek, South Korea, on Thursday. Photo: AP
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

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United States

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

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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.

China’s share of global UHNWIs edged down by one percentage point to 17 per cent this year. Photo: Getty Images
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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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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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.

Britain’s Prime Minister Keir Starmer leaving 10 Downing Street for a showdown in Parliament. Photo: AP
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.

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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Elon Musk’s journey with TikTok has been anything but straightforward. Photo: Reuters
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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Donald Trump

Trump’s US$10 billion lawsuit against WSJ and Murdoch thrown out

US president says ⁠he plans to re-file lawsuit over an article about a suggestive Epstein birthday letter.

Fame and celebrity

Who is Gracie Hunt’s fiancé, Derek Green – who has Chiefs roots too?

Clark Hunt’s daughter made her relationship with Green official last year, over a backing track of Taylor Swift’s song ‘You Belong With Me’.

Gracie Hunt is engaged to Derek Green. Photo: @graciehunt/Instagram
Indonesia

Indonesia’s richest man loosens grip on Petrindo amid tighter ownership rules

To address concerns about ownership transparency, Indonesia requires firms to release 15 per cent of their shares for public trading.

Petrindo Jaya Kreasi is a coal and mining company owned by Indonesia’s richest man, Prajogo Pangestu. Photo: Petrindo Jaya Kreasi
Fashion

Q&A | Skye Hankey on supporting emerging designers via Fashion Trust US

Hankey, who hangs with celebrities from Kim Kardashian to Salma Hayek, sat down with Style to talk philanthropy and Fashion Trust US.

United States

‘Never been friends’: Melania Trump criticises Epstein ‘lies’ in address

In a rare White House speech, the first lady denied being Epstein’s friend and called on Congress to hold public hearings for his victims.

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United States

Bondi won’t appear before US lawmakers over Epstein files: Justice Department

The subpoena is no longer valid after Trump fired her as US attorney general, according to an official.

US Attorney General Pam Bondi testifies before the Senate Judiciary Committee in Washington in October 2025. Photo: TNS
Hong Kong property

Bought 52 years ago, Hong Kong home sells for 252 times original price

Veteran sports administrator Lawrence Yu is selling his house for about HK$190 million, for which he paid HK$750,000 in 1974.

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Fame and celebrity

Video | Why Kris Jenner is considered good luck in China

Mother of the Kardashians has been trending on platforms like Weibo and RedNote to wish for luck and fortune.

United States

Bank of America to pay US$72.5 million to settle Epstein victim lawsuit

The suit claims the bank’s executives ‘ignored red flags’ about Epstein’s sex-trafficking venture to provide him with financial services.

The Bank of America building in New York. Photo: TNS
Celebrity Families

Meet Lara Cosima, who just got engaged to Kering heir François Pinault Jr

The ‘modern-day Marie Antoinette’ and member of the Austro-Hungarian nobility has walked for Armani and drew internet attention at Le Bal in 2023

Model and influencer Lara Cosima is a member of the Austro-Hungarian nobility. Photos: @laracosima_/Instagram
France

France raids bank in probe of diplomat over Epstein links

Investigations follow revelations published in the Epstein files by the US Justice Department.

Wealth management

Hong Kong a ‘safe harbour’ for family wealth as global tensions rise: officials

City provides a stable platform for growth and deployment of capital amid ‘uncertainty and conflicts’, Financial Secretary Paul Chan says.

United States

OnlyFans owner Leonid Radvinsky dead at 43 after cancer battle

Radvinsky built a multibillion-dollar fortune as his adult content platform surged in popularity.

OnlyFans has become a cultural phenomenon and reshaped the pornography industry. Photo: AP
Wealth management

Hong Kong family office summit draws Pop Mart billionaire among global guests

City is ‘strong and unwavering’ as wealth management hub, Chief Executive John Lee says to kick off fourth Wealth for Good summit.

Chief Executive John Lee speaks at the principal dinner of the Wealth for Good in Hong Kong Summit on Monday evening. Photo: Handout
United States

Elon Musk misled Twitter shareholders, US jury finds

The world’s richest person could be ordered to pay out as much as US$2.6 billion in damages.

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Jeffrey Epstein

Norway crown princess says she was ‘manipulated’ by Epstein

Recent polls show most Norwegians oppose the idea of Mette-Marit ever becoming queen.

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