This Month
Buffett halves his Apple stake in $116b stock dump
The cash pile at Berkshire Hathaway has soared to $US425 billion as Warren Buffett struggles to find stocks to buy.
- Updated
- Amanda Cantrell and Alexandre Rajbhandari
World’s richest lose $205b in stock slump, led by Bezos
Wall Street’s week-ending sell-off hit a raft of billionaires from Jeff Bezos to Elon Musk, Larry Ellison, Mark Zuckerberg, Sergey Brin and Larry Page.
- Diana Li
July
He planned to give $20b to his gardener. Now he’s lost it all
Nicolas Puech was already an outcast in the $237 billion Hermes family. But what happened to his billions of dollars in shares is a mystery.
- Tara Patel
How do you solve a problem like Elon?
Linda Yaccarino, the CEO of X, has worked hard to bring back advertisers and fix the platform’s business. But its owner, Elon Musk, is always one whim away from undoing her work.
- Kate Conger
Ackman’s Pershing postpones US fund IPO
Billionaire Bill Ackman’s US closed-end fund is facing a delay to its highly-anticipated initial public offering as it awaits regulatory approval.
- Yiqin Shen and Bailey Lipschultz
How the billionaire ‘godfather of the Olympics’ made his fortune
LVMH chairman Bernard Arnault created the world’s biggest luxury group - and that lavishness will be on full display at the Paris Olympics.
- David McHugh and Thomas Adamson
‘It’s insane’: The secret world of tutors to the super-rich
For the children of the ultra-rich, education involves family tutors who fly with them around the world, with the best tutors earning $500,000 salaries.
- Mattie Brignal
Newlywed Murdoch joins Bezos and Canva duo at billionaires’ retreat
The 93-year-old media mogul is no longer returning home to mark The Australian’s 60th anniversary – but he does appear to have given it a present.
- Sam Buckingham-Jones
- Analysis
- Disney
Old and new money meet at billionaires’ annual retreat
Network Ten owner Shari Redstone was in Sun Valley along with Bob Iger, a crop of Democratic presidential hopefuls and the tech elite for the annual Allen & Co gathering.
- Nick Bonyhady
Network Ten owner sold to ‘Top Gun’ billionaires
The billionaire family behind Oracle Corporation along with ‘Mission Impossible’ and ‘Top Gun’ films will take control of the network in a complex deal.
- Nick Bonyhady
Billionaire ‘French Murdoch’ behind Le Pen’s rise
Vincent Bollare’s TV channel and related media outlets have normalised and amplified the far-right leader’s message ahead of this weekend’s French elections.
- Benoit Berthelot and Tara Patel
May
The butler’s role has changed – and seasoned ones can make $190K a year
Buttling has become a career that involves not only polishing silver and folding napkins but also lifestyle management.
- Plum Sykes
Paul McCartney is reportedly Britain’s first billionaire musician
The 81-year-old is the richest musician in the UK, thanks in part to superstar Beyonce.
The $150b club: Record number of super rich
The combined net worth of the world’s super-rich club is up 13 per cent this year to $3.3 trillion, according to the Bloomberg Billionaires Index.
- Diana Li and Jack Witzig
How to get a meeting with the UAE’s $2.3 trillion man
Deals with hard-to-reach decision maker Sheikh Tahnoon bin Zayed Al Nahyan are often built on years of relationships with one of his network of gatekeepers.
- Ben Bartenstein
April
This billionaire sees a four-day week coming
Steve Cohen has invested in golf courses because he predicts the dawn of the four-day work week will leave people with more time for leisure.
- Katherine Burton
A new class system is emerging even within the world’s 1pc
The Forbes’ rich list has gained $US2 trillion as Taylor Swift and Sam Altman have become billionaires, but 14 people at the top belong in a new category.
- Lucy Burton
March
Trump’s net worth hits $9.8b in social media deal
On top of Donald Trump’s legal lifeline, his social media company wrapped up a 29-month-long merger, meaning shares worth billions are now officially his.
- Tom Maloney
Newhouse billionaires’ 5800pc Reddit gain helps ease their media woes
The family members have watched one clan after another surpass their wealth as their multi-generational media business sputtered, save for one key wager.
- Tom Maloney
- Investigation
- Gaming & wagering
Laurence Escalante is living large off controversial gambling billions
At 42, he is one of the country’s youngest billionaires. But Virtual Gaming Worlds investors hoping for a big payday are increasingly concerned it may not come.
- Updated
- Primrose Riordan and Zoe Samios
