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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.
Tesla CEO Elon Musk. Photo: Getty Images/TNS
United States

My Take | How Elon Musk and his merry band of billionaires run the United States

China follows a different system, but perhaps America should look into why the richest Chinese do not pose a problem similar to those in the US.

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Harvey Weinstein

Weinstein accuser Kaja Sokola is being sued for defamation by her sister

Sexual harassment and assault

Trump’s Justice Department says may have found a million more Epstein files

Luxury travel

Private members’ clubs are adding rooms for the most discerning travellers

Wellness and hospitality companies are also getting in on the act, from American fitness chain Equinox to Italian restaurant Cipriani.

The Dome at London’s Home House, a private members’ club that also offers accommodation. Photo: Handout
Donald Trump

Trump flew on Epstein jet 8 times in the 1990s, according to prosecutor email

US government releases nearly 30,000 pages of additional records from the Epstein files, some which contain multiple Trump references.

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Hong Kong property

2 Deep Water Bay homes sold for US$283 million in biggest deal in years

The two three-storey units at 6 Deep Water Bay Road fetched HK$147,010 per square foot, the highest since HK$150,000 for a 2015 deal.

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Jeffrey Epstein

Schumer urges US Senate legal action over staggered Epstein files release

Senate minority leader called the incremental and heavily redacted release of records ‘a blatant cover-up’.

US Senate Democratic leader Chuck Schumer. Photo: Reuters
United States

Paramount vs Netflix: Ellison guarantees US$40 billion for son’s Warner Bros bid

Pledge from Oracle’s co-founder is designed to quell financing fears as Paramount fights Netflix for control of Warner Bros Discovery assets.

Indonesia

‘Hunting in zoo’: Indonesia seeks extra tax from rich to plug budget deficit

The push is adding to unease among rich Indonesians already rattled by what many see as a crackdown on the affluent under Subianto.

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United States

US Justice Department denies cover-up as Trump photo restored to Epstein files

Officials backtrack on removing an image showing several photos including the US president with women after omission comes under scrutiny.

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Newly-released documents from disgraced late financier and sex offender Jeffrey Epstein, including a sheaf of entirely redacted pages. Photo: Reuters
Sexual harassment and assault

At least 16 files gone from Epstein release site, including 1 with Trump photo

The missing documents were originally available but no longer accessible a day later, with no reason given.

The releases so far have been heavy on images of Jeffrey Epstein’s homes in New York and the US Virgin Islands, with some photos of celebrities and politicians. Photo: AFP
Sexual harassment and assault

Epstein victims angry over gaps and censorship in long-awaited file release

Survivors wonder if the redactions and blackouts are there to protect them or the ‘elite men’ who associated with the sex offender.

Sexual harassment and assault

Epstein files release highlights Clinton, makes scant reference to Trump

Few photos of the US president or documents mentioning him appear, a notable difference from previous batches of files made public.

United States

Trump Justice Department releases partial set of Epstein files for now

US official says more of the long-awaited documents will follow in coming months, citing legal limits to protect victims and investigations.

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A protester holds a sign related to the release of the Jeffrey Epstein case files outside the US Capitol last month. Photo: AFP
Sexual harassment and assault

New Epstein photos show Lolita quotes written on woman’s foot and body

Another set of images from the disgraced US financier’s estate has been made public, as the deadline for release of the Epstein files looms.

A photo of a foot with a quote from Vladimir Nabokov’s “Lolita” written on it was among the images released by Democratic lawmakers on Thursday. Photo: House Oversight Democrats via AFP
Hong Kong property

Hong Kong logistics group’s CEO buys US$17 million luxury home

An entity linked to Arnold Lee, CEO of Hecny Group, buys a 2,772 sq ft flat at The Legacy in Mid-Levels West.

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United States

Musk ally Isaacman confirmed as Nasa chief amid moon race with China

The US billionaire with a passion for space, was nominated by Trump for a second time after a previous bid fell through.

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US-China relations

‘A risk’: wealthy Chinese appear to shun Trump’s ‘gold card’ immigration scheme

Initial excitement fizzles amid limited benefits and security concerns, immigration agents say.

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US President Donald Trump holds up the original US$5 million gold card as he speaks to reporters while on board Air Force One, on April 3. Photo: AP
United States

Warner Bros rejects ‘inferior’ Paramount bid, backs Netflix merger

Warner Bros rebuffs Paramount’s hostile takeover, citing financial risks and backing Netflix merger as superior, stable, and shareholder-friendly.

Hong Kong property

Hong Kong shipping baron’s nephew buys US$9.6 million flat in Repulse Bay

An entity linked to Raymond Pao, a nephew of the late Y.K. Pao, acquired the 2,491 sq ft, four-bedroom flat in Grand Garden on December 8.

China’s private sector

China’s growing young billionaire class masks innovation hurdles, analysts say

Technological innovation – one of Beijing’s top priorities – is helping to drive wealth creation, report says.

Wang Ning, the 38-year-old founder and CEO of Pop Mart, is one of China’s youngest billionaires.
Malaysia

Southeast Asia’s rich buy sky garages while the middle class lose their homes

As wealthy buyers seek penthouses with living-room supercar parking, struggling families battle banks to keep a roof overhead.

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Illustration: Huy Truong
United States

Trump, Clinton and ex-prince Andrew seen in new photos from Epstein’s estate

Larry Summers and Bill Gates also appear, as well as sex toys, and a condom emblazoned with both Trump’s image and the phrase ‘I’M HUUUGE!’.

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International Property

Hong Kong scion Adrian Cheng forms retail venture with Dubai group

Joint venture will connect ‘the consumers and rich cultural industries of the Middle East and Chinese-speaking markets’ at Dubai’s Wafi City.

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Hong Kong property

Casino tycoon Fu Tak-iam’s family buys US$71 million Hong Kong rental property

Deal highlights investor shift from offices to rental housing as hotel conversions surge amid student influx.

Pleasure Properties was identified as the buyer of CHI 138, a 107-unit serviced-apartment property in Wan Chai. Photo: Handout
United States

Epstein files to be unsealed under new Trump-signed law

The transcripts to be unsealed could reveal new details in the sex trafficking case and Ghislaine Maxwell’s role.

A protester holds a sign related to the release of the Jeffrey Epstein case files outside the US Capitol in Washington last month. Photo: TNS
Fame and celebrity

Amy Winehouse’s dad sues star’s friends for selling her clothes for US$970,000

Two women say the British singer had lent or given them dozens of items before she died.

United States

Judge approves release of Ghislaine Maxwell sex trafficking case records

The ruling follows Trump signing the Epstein Files Transparency Act, requiring the Justice Department make records public by December 19.

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