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Billionaire news
Thailand’s Chearavanont family: Southeast Asia’s only entrant on world’s 25 richest families list
Thailand’s Chearavanonts, the clan behind agribusiness giant Charoen Pokphand (CP) Group, hold US$53.3 billion in wealth and are the only Southeast Asian name among the world’s 25 richest families this year.
Combined wealth of 3 richest Thai billionaires rises by $1.6B this year
CDL of Singapore’s 2nd richest billionaire Kwek Leng Beng sells Sentosa Cove’s only mall for over $75M
World's 5 richest families own $1.4T in combined wealth, dominated by Arab royals
The five richest clans in the world boast a combined US$1.45 trillion in wealth, with three Arab royal families accounting for around 51% of that figure.
December 16, 2025 | 03:14 pm PT
Elon Musk becomes first person to ever reach $600B net worth
Elon Musk on Monday became the first person ever worth US$600 billion following reports that his SpaceX startup was likely to go public at a valuation of $800 billion.
December 15, 2025 | 08:19 pm PT
Hong Kong's billionaire Cheng family sells Australian energy firm for $4.3B to Singapore's Sembcorp
Chow Tai Fook Enterprises, the investment arm of Hong Kong billionaire Henry Cheng, has agreed to sell Australia's Alinta Energy for an enterprise value of A$6.5 billion (US$4.32 billion) to Singapore-listed Sembcorp Industries.
December 15, 2025 | 01:06 am PT
3 Southeast Asian billionaires make Forbes Asia’s philanthropy heroes list
Three Southeast Asian billionaires, based in Malaysia, Indonesia and Singapore, have been named on Forbes Asia’s list of 10 individuals and families in Asia-Pacific recognized for their philanthropic contributions.
December 11, 2025 | 08:11 pm PT
From chemistry teacher to pharma tycoon: How Zhong Huijuan became Asia’s richest self-made woman billionaire
Zhong Huijuan left her job as a chemistry teacher decades ago to launch Hansoh Pharmaceutical, which has since grown into a major industry force and propelled her to become Asia’s richest self-made woman billionaire.
December 9, 2025 | 03:00 pm PT
Ballerina, MIT ‘math nerd’ and tech founder: Luana Lopes Lara’s journey to become world’s youngest self-made woman billionaire
Luana Lopes Lara is now known as an “MIT math nerd” who co-founded prediction market Kalshi and became the world’s youngest self-made woman billionaire, but her story began far from the tech field, in a ballet school.
December 7, 2025 | 03:09 pm PT
Kalshi co-founder Luana Lopes Lara dethrones Lucy Guo as world’s youngest self-made woman billionaire
Luana Lopes Lara, 29, co-founder of the prediction market company Kalshi, has unseated Scale AI co-founder Lucy Guo to become the youngest self-made woman billionaire, boasting a US$1.3 billion net worth from her stake in the online prediction market.
December 4, 2025 | 07:35 pm PT
Malaysia’s billionaire king lends 2 of his airboats to flood rescue operations
Malaysia's billionaire king, Sultan Ibrahim Iskandar, has allowed the government to use two high-powered airboats he owns for flood rescue operations.
December 4, 2025 | 07:27 pm PT
Who is Gao Haichun, the 'Solar Goddess' married to Chagee billionaire founder Zhang Jiejun?
Gao Haichun, who is set to hold a wedding reception with Zhang Jiejun, the billionaire founder of beverage company Chagee, is the only child of Trina Solar founder and now an executive at the company.
December 4, 2025 | 07:27 pm PT
Luxury giant LVMH denies misappropriating Hermès heir's shares amid civil lawsuit
LVMH said it had never misappropriated shares now worth billions of euros (1 billion euro = US$1.16 billion) from Hermès heir Nicolas Puech, who has sued the luxury group and its billionaire CEO.
December 3, 2025 | 07:29 pm PT
Orphan who only learned to read at 18 now set to marry ‘Solar Goddess’: How Chagee billionaire founder Zhang Junjie transformed his life
Zhang Junjie, the founder of the Chinese milk tea brand Chagee, is set to marry Gao Haichun, heiress to the Trina Solar fortune, who is often referred to as the "Solar Goddess" for her appearance.
December 3, 2025 | 12:02 am PT
CDL of Singapore’s 2nd richest billionaire Kwek Leng Beng acquires Holiday Inn London hotel for $370M
A unit of Singapore’s second-richest man Kwek Leng Beng's City Developments has purchased the Holiday Inn London - Kensington High Street in Central London for £280 million (US$370.4 million).
December 2, 2025 | 11:28 pm PT
Chagee billionaire orphan founder Zhang Junjie to hold wedding celebration with Trina Solar heiress this month
Zhang Junjie, billionaire founder of the Chinese milk tea chain Chagee, will marry Gao Haichun, the only daughter of Trina Solar’s founding family, in a wedding reception set for Dec. 15.
December 1, 2025 | 10:39 pm PT
Property firm of Malaysia’s richest man Robert Kuok sets top bid of $358M for Singapore residential site
Allgreen Properties, Malaysian billionaire Robert Kuok’s privately held developer, has set the top bid of S$464.8 million (US$358 million) for a highly sought-after residential site in Singapore.
November 30, 2025 | 08:39 pm PT
‘May I meet you?’: Billionaire Bill Ackman shares dating advice on social media, sparks memes, debate
Billionaire investor Bill Ackman recently shared his go-to pick-up line on social media, sparking a wave of memes, jokes and also broader conversations about modern dating.
November 20, 2025 | 06:50 pm PT
Manuel Villar loses title as Philippines’ richest billionaire as fortune drops $16B in stock plunge
Billionaire Manuel Villar has lost over US$16 billion in net worth after his property giant Villar Land’s shares plummeted 76% in just three trading days, costing him the title of the Philippines’ richest man.
November 18, 2025 | 08:39 pm PT
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