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Forbes LifeBeing a spirits entrepreneur helped make Jay-Z a billionaire, and now Beyoncé (whose net worth is $760 million) is taking her shot. On September 4— not coincidentally her 43rd birthday—the 32-time Grammy winner launched her new collaboration with Moët Hennessy: SirDavis, a Texas whisky inspired by her great-grandfather, Davis Hogue, a "moonshine man" who lived during Prohibition. At 88 proof, SirDavis is 51% rye and 49% malted barley, and aged twice—in American oak barrels and then Pedro Ximénez sherry casks. How good is it? SirDavis won four prestigious spirits awards even before its official release.PHOTO (COLOR)PHOTO (COLOR) [Extracted from the article]

Jersey Mike's, a fast-growing chain eatery in the United States, has become a success under the leadership of CEO Peter Cancro. With nearly $4 billion in revenue expected this year, Cancro attributes the company's success to its commitment to quality and consistency. Customers have praised Jersey Mike's sandwiches, considering them superior to those offered by rival chains like Subway and Jimmy John's. Cancro, who retains full control of the company, has expressed his intention to stay with Jersey Mike's for the foreseeable future. [Extracted from the article]

Forbes has released its fifth annual ranking of America's top 100 Self-Made Women, which requires a minimum net worth of $300 million for admission. This year's list includes a record 31 billionaires, up from 24 the previous year. Notable newcomers to the list include pop star Katy Perry and spirits entrepreneur Fawn Weaver. The ranking has sparked some debate, with some questioning whether the women on the list can truly be considered self-made if they had partners or cofounders. However, others argue that these women still deserve recognition for their hard work and achievements. [Extracted from the article]

Carlos Slim, Latin America's richest person, has increased his majority stakes in two US energy companies, PBF Energy Inc. and Talos Energy Inc., taking advantage of the recent equity-market selloff. Slim's Control Empresarial de Capitales SA spent $24.2 million to acquire 923,000 shares of Talos Energy and 357,000 shares of PBF Energy. This adds to the Slim family's ongoing investments in oil exploration, production, and refining in both Mexico and the US. Despite a decrease in his net worth this year, Slim's fortune currently stands at $85.1 billion. [Extracted from the article]

The article examines how U.S. President Donald Trump's private company the Trump Organization has declined in profit since Trump began his political career in 2014. It states that despite Trump's efforts to leverage his presidency to benefit his commercial projects such as golf courses and resorts, his net worth has decreased. Information is also provided on the market for luxury condominiums and apartments owned by the Trump Organization.

The Boss went from E Street to Easy Street by staying true to his humble roots—and rolling up his sleeves and going to work. [ABSTRACT FROM AUTHOR]

The net worth of the world's next 25 richest people rose by an average of $14.4 billion, but Musk remains the wealthiest man on earth thanks to his diverse portfolio companies. [ABSTRACT FROM AUTHOR]

Melinda French Gates, billionaire philanthropist and former co-chair of the foundation she ran with her ex-husband Bill Gates, has publicly endorsed President Joe Biden for reelection. In a post on X, French Gates stated that this election is crucial for women and families, and she believes that Biden is the leader who cares about the issues they face, such as reproductive rights and their ability to participate in a functioning democracy. French Gates, with a net worth of $13.4 billion, has focused her charitable efforts on women and girls. [Extracted from the article]

The 79-year-old Ellison is now about $10 billion less rich than Mark Zuckerberg and $50 billion behind Elon Musk, the world's richest man and Ellison's "very close friend." [ABSTRACT FROM AUTHOR]

Abu Dhabi has become an attractive destination for wealthy individuals, including those from the UK who are seeking to protect their assets. The emirate's financial center, Abu Dhabi Global Market, has been receiving inquiries from UK residents due to changes in tax treatment by the ruling Conservatives and the potential for further changes by the opposition Labour Party. Abu Dhabi has been working on incentives, such as lifestyle support and visas, to attract finance professionals. The city's appeal lies in its regulatory framework based on English Common Law, asset protection measures, sovereign wealth funds, and double tax treaty network. Additionally, perks like tax-free income, favorable weather, and a convenient time zone have made Abu Dhabi and neighboring Dubai attractive alternatives to London, Hong Kong, and Singapore. [Extracted from the article]

Wyc Grousbeck's Boston Celtics are looking to win a record-breaking 18th NBA championship, while Mark Cuban, Miriam Adelson and the Dallas Mavericks are trying to score the franchise's second title. [ABSTRACT FROM AUTHOR]

Arnault held the position overnight after shares in LVMH jumped Thursday morning in Europe. [ABSTRACT FROM AUTHOR]

The "godfather of AI" is a much richer man thanks to Nvidia stock's more than 20,000% increase over the last decade. [ABSTRACT FROM AUTHOR]

Billionaires Elon Musk and Jeff Bezos still trail LVMH magnate Bernard Arnault. [ABSTRACT FROM AUTHOR]

Billionaire Xavier Niel is considering a buyout bid for Millicom International Cellular SA, a Latin American carrier, with a potential valuation of $4.1 billion. Niel's holding company, Atlas Investissement SASU, is exploring financing options for an all-cash tender offer at $24 per share. Niel is already the largest shareholder in Millicom with a 29% stake. This is the second time in two years that Millicom has been a takeover target. The company provides telecom services in several Latin American countries and reported sales of $5.6 billion last year. [Extracted from the article]

Billionaires Elon Musk and Jeff Bezos are still roughly $10 billion behind LVMH magnate Bernard Arnault. [ABSTRACT FROM AUTHOR]

The number of individuals with fortunes over $100 billion has reached a record high of 15, according to the Bloomberg Billionaires Index. These ultra-rich individuals have seen their combined net worth increase by 13% this year to $2.2 trillion, outpacing inflation and the stock market. Among the new members of this exclusive club are L'Oreal heiress Francoise Bettencourt Meyers, Dell founder Michael Dell, and Mexican billionaire Carlos Slim. The wealthiest person on the list is Bernard Arnault, the founder of LVMH, followed by Jeff Bezos and Elon Musk. [Extracted from the article]

The article discusses several aspects of 2016 U.S. presidential candidate Donald Trump's wealth, and it mentions the journal's determination that Trump's net worth is 3.7 billion dollars. The value of the Trump Tower office and retail building in New York, New York is examined, along with several other Trump-owned properties such as the 1290 Avenue of the Americas office and retail complex, the Trump Park Avenue residential and retail building, and the Mar-A-Lago private club in Florida.

The article presents charts and information such as net worth, change in wealth status from 2014, and source of wealth regarding the world's wealthiest individuals, organized by countries where the billionaires live. Topics include co-founder and former co-owner Mark Scheinberg of the online gambling company PokerStars, founder Aldo Bensadoun of the shoe retailer Aldo, and principal shareholder Liliane Bettencourt of the cosmetics company L’Oréal.

Seo Jung-jin, cofounder of drugmaker Celltrion, came out of his two-year retirement to oversee the company's long-delayed restructuring involving the merger of its listed units. [ABSTRACT FROM AUTHOR]

Bezos is about $85 billion richer than he was a year ago. [ABSTRACT FROM AUTHOR]

Hirotake Yano, the founder of Japanese discount retailer Daiso Industries Co., has passed away at the age of 80. Yano was known as a pioneer of the dollar-shop business model and had a net worth of $1.9 billion. After starting his career by selling goods from the back of a truck, Yano incorporated Daiso in 1977 and the company became successful as Japanese consumers sought better value for their money. Daiso currently has thousands of stores both domestically and overseas. [Extracted from the article]

Sam Lessin, a Harvard College graduate, has received support from Facebook founder Mark Zuckerberg in his campaign for a seat on the university's Board of Overseers. Lessin, a venture capitalist and former employee of Facebook, aims to join the council to help Harvard move forward amidst allegations of rising antisemitism on campus. Zuckerberg and his wife, Priscilla Chan, who are major donors to Harvard, will join Lessin on a Zoom call to discuss his candidacy. Another slate of candidates, backed by billionaire investor Bill Ackman, is also vying for a place on the overseers ballot. [Extracted from the article]

As investors turned skittish, shares of Pangestu's Barito Renewables Energy and Chandra Asri Pacific fell 20% dragging down his net worth. [ABSTRACT FROM AUTHOR]

Nikesh Arora, the former CEO of SoftBank and current CEO of Palo Alto Networks, has become a billionaire due to his compensation package and the success of the cybersecurity firm. Arora received a $125 million stock and options package when he joined Palo Alto Networks in 2018, and the company's share price has since quadrupled, making his stake worth $830 million. Combined with previous pay awards, Arora's net worth is now $1.5 billion. He has sold nearly $300 million worth of shares and is set to receive additional stock awards worth over $220 million. [Extracted from the article]

The combined net worth of the world's 500 richest people increased by $1.5 trillion in 2023, recovering from the previous year's loss of $1.4 trillion. This growth was largely driven by the performance of tech stocks, with tech billionaires seeing their wealth grow by 48% or $658 billion, fueled by the hype around artificial intelligence. Elon Musk regained his title as the world's richest person, adding $95.4 billion to his net worth, while Jeff Bezos and Mark Zuckerberg also saw significant increases in their fortunes. However, not all billionaires experienced gains, as Indian billionaire Gautam Adani lost $37.3 billion due to a decline in the value of the Adani Group. The article also provides a glimpse into some individuals to watch in 2024, including Miriam Adelson, Francoise Bettencourt Meyers, Steve Cohen, Mark Cuban, Carl Icahn, Rupert Murdoch, Masayoshi Son, Donald Trump, and Changpeng "CZ" Zhao. [Extracted from the article]

Following her record-setting Renaissance tour, Queen B is well on her way to becoming a billionaire. [ABSTRACT FROM AUTHOR]

Kenneth Dart, a billionaire investor from the Cayman Islands, has increased his stake in British American Tobacco (BAT) to over 10%. BAT is a London-based company known for brands such as Dunhill, Lucky Strike, and Pall Mall. This comes after BAT announced a significant write-down in the value of some US cigarette brands, causing a 10% drop in their shares. Dart, who also owns about 6% of rival tobacco firm Imperial Brands, is known for his investments in distressed sovereign debt and has a net worth of $6.4 billion. [Extracted from the article]

Joe Lewis, a British billionaire, has continued to trade stocks despite facing insider-trading charges in the US. He has been accused of using his access to corporate boardrooms to pass inside information to friends, staff, pilots, and romantic interests. Lewis has pleaded not guilty to the charges and has not been found guilty of any wrongdoing in his recent transactions. He is currently the 315th-richest person in the world with a net worth of $7.5 billion. Lewis's biotech investment firm, Boxer Capital, has seen significant gains in recent years, and Lewis has continued to trade stocks since his arrest. [Extracted from the article]

Flight from fintech causes Jerry Ng's net worth to plummet. [ABSTRACT FROM AUTHOR]

With a record-breaking world tour, the ability to move economies and a $1.1 billion net worth, the 33-year-old entertainer ranks among the most influential women on the planet. [ABSTRACT FROM AUTHOR]

As of November 1, the world's top ten richest are worth nearly $50 billion less than a month ago. More than two-thirds of that decline is due to the drop in Elon Musk's net worth. [ABSTRACT FROM AUTHOR]

Jonathan Oppenheimer, the son of South African billionaire Nicky Oppenheimer, has acquired full control of GZ Industries Ltd., Nigeria's largest beverage can-maker. Oppenheimer Partners Ltd. purchased the remaining shares from Affirma Capital, which previously held a 37.5% stake in the company. This acquisition allows Oppenheimer to shape GZI's growth in sub-Saharan Africa, where there is a high demand for sugary drinks. GZI produces 3 billion aluminum cans annually in Africa. The Oppenheimer family has a combined net worth of $9.4 billion, largely from the sale of their stake in De Beers. [Extracted from the article]

Tuesday's buying frenzy pushed up Adani's net worth by $6 billion and his estimated net worth now stands at $57.1 billion. [ABSTRACT FROM AUTHOR]

The megadonor's acceptance of the ex-president follows a disappointing election for Republicans—and favorable polling numbers for Trump. [ABSTRACT FROM AUTHOR]

The Republican candidate's fortune has dropped by over $200 million since September, booting him from the billionaire club. [ABSTRACT FROM AUTHOR]

As of November 1, the world's top ten richest are worth nearly $50 billion less than a month ago. More than two-thirds of that decline is due to the drop in Elon Musk's net worth. [ABSTRACT FROM AUTHOR]

The article discusses several working billionaires in Europe as of July 1998, including information about their net worth and assets. Those profiled include Dietmar Hopp, German executive of software company SAP, entrepreneur Francois Pinault of France, and shipping industry owner and banker Spiro Latsis of Greece.

The article profiles several U.S. billionaires as of July 1998, including information about their industry sectors, net worth, and assets. Those discussed include technology entrepreneur William Henry Gates III, Warren E. Buffett of investment firm Berkshire Hathaway, and Philip H. Knight, owner of sporting goods company Nike.

The article looks at several billionaires based in Asia as of July 1998, including details about their industry sectors, net worth, and assets. Those profiles include Australian mass media industry owner Kerry Packer, real estate investor Yoshiaki Tsutsumi of Japan, and South Korean entrepreneur Chung Ju-Yung, founder of automotive firm Hyundai Group. INSET: Yes, it's true....

The article ranks the top ten world's working billionaires as of July 1998, noting each individual's home country , net worth, industry sector, assets, and notable business decisions. Among those profiled include technology entrepreneur William Henry Gates III, mass media owner Rupert Murdoch, and Russian industrialist and banker Vladimir Potanin.

The English courts "are renowned for their generosity" in their approach to divorce cases, Potanin's lawyer Edward Faulks said in court. (Bloomberg) -- Russia's richest man, Vladimir Potanin, took the dispute with his ex-wife to the UK's top court in a bid to avoid facing one of the world's largest divorce claims, as he warned against the "generosity" of the English courts. [Extracted from the article]

It's Dimon's first offloading of JPMorgan shares since becoming CEO in 2006. [ABSTRACT FROM AUTHOR]

Shares of Barito Renewables Energy made a strong debut on Monday, soaring as much as 25% to 975 rupiah on the Indonesian Stock Exchange. [ABSTRACT FROM AUTHOR]

Read more: Billionaire Kellner Family Targets M&A as Asset Prices Pressured They will both remain active within PPF Group, with Bartonicek holding the post of the chairman of the board of SOTIO Biotech BV, and Duvieusart serving as chairman of the board of PPF Financial Holdings. "Today, when the shareholding structure is divided among Petr's heirs, the logic of PPF's management also changed, which is why we both decided, in agreement with Renata Kellnerova, to sell our shares and simplify the shareholding structure.". [Extracted from the article]

NFL rules mandate that a majority owner can't hold an interest in another franchise. (Bloomberg) -- Billionaire Thomas Tull is vying against rival bidders as he seeks to increase his ownership in the NFL's Pittsburgh Steelers by acquiring a small stake from Harris Blitzer Sports & Entertainment LLC, according to people with knowledge of the matter. [Extracted from the article]

Macro hedge fund peers tracked by Bloomberg have returned 0.8% on average so far in 2023. (Bloomberg) -- Billionaire Chris Rokos's macro hedge fund posted a 3.7% gain in July, helping it to fully recover losses from earlier this year. [Extracted from the article]

Nusantara Sejahtera Raya's IPO propelled Benny Suherman, the company's cofounder and major shareholder, into the billionaire ranks with an estimated net worth of about $1.1 billion. [ABSTRACT FROM AUTHOR]