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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.
Jonathan Andic, the son of late Mango founder Isak Andic, was named a suspect and arrested over his father’s death. Photo: Getty Images
Fashion

Who is Jonathan Andic, son of fashion brand Mango’s founder Isak Andic?

After joining the Spanish fashion brand in 2005, Jonathan rose to be its executive vice-president a decade later – and a few weeks after his father’s death.

Fame and celebrity

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

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

EV executives such as Xiaomi’s Lei Jun and NIO’s William Li have live-streamed themselves on road trips featuring their brands’ vehicles.

Corporate billionaires are China’s latest live-streaming 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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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.

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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.

Indian billionaire Gautam Adani. Photo: Reuters
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.

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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Tesla’s massive Gigafactory is seen during a government-organised media trip in Shanghai on April 14. Photo: Reuters
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

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.

Elon Musk. Photo: AFP
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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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.

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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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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
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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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.

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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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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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.

People queue to enter the Supreme Court of Victoria in Melbourne. Photo: AFP
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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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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