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Search Result for “billionaire”

Showing 1 - 10 of 473

BUSINESS

Billionaire Sarath’s Gulf doubles Kbank stake

Bloomberg and Online Reporters, Published on 14/02/2026

» Gulf Development Plc, controlled by billionaire Sarath Ratanavadi, has doubled its stake in Kasikornbank Plc to become the Thai commercial lender’s largest shareholder.

BUSINESS

Billionaire clan said to weigh $2bn Thai Summit sale

Bloomberg, Published on 05/02/2026

» Thai Summit Group, the country’s largest auto-parts manufacturer, is weighing a sale of its business amid mounting pressure from the global shift to electric vehicles, political uncertainty and family succession gaps, according to people familiar with the matter.

BUSINESS

Musk merges his AI business into SpaceX

AFP, Published on 03/02/2026

» SAN FRANCISCO - Elon Musk has announced that his rocket company SpaceX will take over his artificial intelligence outfit xAI, as he seeks to raise billions of dollars for his science fiction-worthy outer space projects.

BUSINESS

Surging billionaire wealth a political threat, Oxfam warns as Davos opens

AFP, Published on 19/01/2026

» DAVOS, Switzerland- The collective wealth of the planet's billionaires soared to a record level in 2025, charity Oxfam reported on Monday, warning of "highly dangerous" political consequences as the global elite gathers for the World Economic Forum.

BUSINESS

Musk seeks up to $134 billion in OpenAI lawsuit

Published on 17/01/2026

» Elon Musk is seeking ‍up to $134 billion from OpenAI and Microsoft, arguing he deserves the “wrongful gains” that they received ‌from his early support of ​the artificial-intelligence startup, according to a court filing.

BUSINESS

EU fines X $140m, risking US pushback

AFP, Published on 05/12/2025

» BRUSSELS - The European Union has fined X, the social media platform owned by billionaire Elon MUsk, 120 million euros ($140 million) for breaking its digital rules, in a move that risks a clash with the administration of US President Donald Trump.

BUSINESS

Tesla shareholders voting on Musk’s $1-trillion pay package

AFP, Published on 06/11/2025

» NEW YORK - Tesla shareholders will determine on Thursday the fate of a massive pay package meant to retain Elon Musk long enough to achieve technological breakthroughs he vows will change the world.

BUSINESS

Bitcoin, BNB hit record highs as global turmoil spurs flight to 'safe haven' crypto

South China Morning Post, Published on 08/10/2025

» HONG KONG — Major cryptocurrency tokens, including bitcoin and BNB, reached record highs this week amid government turmoil around the world that drove up alternative asset prices, which elated China's crypto community as the country reconsiders digital assets such as stablecoins.

BUSINESS

New Thai PM’s seasoned cabinet picks may reassure investors

Bloomberg News, Published on 08/09/2025

» New Thai Prime Minister Anutin Charnvirakul’s key cabinet choices may be seen as a reassuring signal by investors who have long been frustrated by the country's frequent bouts of political turmoil.

BUSINESS

Musk accuses Apple of unfairly favouring OpenAI on iPhone

Bloomberg, Published on 12/08/2025

» Elon Musk lashed out against Apple Inc’s app store practices late on Monday, accusing the iPhone maker of favouring OpenAI.