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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.
Elon Musk, Chief Executive Officer of SpaceX and Tesla, gestures during a technology conference in Paris in 2023. Photo: Reuters
United States

Tesla approves US$30 billion in ‘good faith’ stocks for Musk ahead of pay vote

Tesla’s board approved a new interim stock award following the voiding of Musk’s previous pay package.

United States

Trump fundraising haul hits US$274 million ahead of midterms

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Hong Kong property

Li mansion in Deep Water Bay is ‘not for sale’, CK Asset says in rebuke

Timepieces

8 of Rihanna’s luxury watches, from Cartier and Rolex to Jacob & Co

Shine bright like a diamond indeed – from classics like the Rolex ‘Presidential’ to that Jacob & Co watch choker, here are Riri’s most dazzling watches.

Rihanna poses at the Super Bowl LVII half-time show press conference in 2023; she later wore a Brilliant Skeleton Northern Lights watch from Jacob & Co. Photo: Getty Images
China society

Opinion | Entrepreneur scandals reveal the limits of nationalism as a brand

Chinese don’t need their country’s business leaders to be icons of morality and national pride. But they would like some accountability.

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Britain

UK defends Online Safety Act after X claims it threatens free speech

Under new UK rules, platforms must work to prevent children accessing harmful content like material that encourages suicide, but X says regulators are heavy-handed.

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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.

Daryl Ng, left, will take over as chairman of Sino Group from his father Robert Ng. Photo: Handout
Hong Kong

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

The three extramarital children of the late Wahaha founder Zong Qinghou sued their half-sister Kelly Zong Fuli over the inheritance.

Family offices

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

An increasing number of wealthy mainland families are coming to Hong Kong for mediation services.

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.

Ghislaine Maxwell in Manhattan, New York in January. Photo: New York Daily News / TNS
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.

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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The Evergrande Center building in Shanghai. Photo: AFP
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.

Media magnate Rupert Murdoch at the White House in Washington on February 3. Photo: Reuters
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.

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.

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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.

The late Steve Jobs’ youngest daughter Eve Jobs just wed her beau Harry Charles, who won an Olympic gold medal for showjumping last year. Photo: @harrycharles_1/Instagram
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.

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.

Director of National Intelligence Tulsi Gabbard uses a surprise White House appearance to attack Donald Trump’s enemies on the Russia investigation. Photo: Reuters
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’.

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.

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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A message with an image of Donald Trump and Jeffrey Epstein projected onto the US Department of Commerce headquarters in Washington DC. Photo: AFP
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?

Tamara Ralph and Bhanu Choudhrie went public with their relationship in 2020 after Choudhrie’s expensive divorce from his first wife. Photo: @tamararalphprivee/Instagram
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.

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.

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