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Billionaires

This Month

Gymshark founder Ben Francis: “When everyone else zigs, Gymshark zags.”

How to become a billionaire by the time you’re 30

Little more than 10 years ago, Gymshark founder Ben Francis was making and selling muscle vests online from his parents’ garage.

  • Elizabeth Grice
Wise CEO Kristo Käärmann: “Although I was a nobody, and this was a market covered by huge European banks … I decided I should try to fix it and compete with the banks.”

This billionaire started his company to avoid paying bank fees

Kristo Käärmann found a cheap way to send British pounds to his native Estonia. His solution now has 16 million global users.

  • James Eyers
London’s West End illuminated for Christmas.

How the super rich spend Christmas Day

They have concierges to curate their gift lists and commission holograms of loved ones. Welcome to the world of luxury Christmas.

  • Fran Ivens

November

Charlie Munger said he wanted to be rich: “I wanted independence. I desperately wanted it. I thought it was undignified to have to send invoices to other people.”

How Munger helped Buffett build Berkshire

Berkshire Hathaway could not have reached its present status without “Charlie’s inspiration, wisdom and participation”, Warren Buffett said in a statement.

  • Updated
  • Noah Buhayar
Bill Ackman said last month that he would be interested in pursuing a deal with X.

US fundie Bill Ackman defends Elon Musk over antisemitism backlash

Advertisers have suspended or halted spending on X after its billionaire owner asserted Jewish people “hate” white people.

  • Alicia Diaz
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Raising Cane’s chicken fingers.

Chicken finger craze fuels founder’s $11.8b fortune

The craving for Raising Cane’s restaurants worldwide has given Todd Graves a new title: the richest multibillionaire in Louisiana.

  • Michael Tobin and Tom Maloney
Sir Michael Hintze, the British-Australian billionaire.

Michael Hintze sells $20b firm to Canadian giant

The Rich Lister and bond veteran has sold CQS to Manulife Investment Management, but will keep his flagship fund as the kernel of a new venture.

  • Updated
  • Hans van Leeuwen
Amazon founder Jeff Bezos with Lauren Sanchez last year.

‘Goofy’ Jeff Bezos is the life of the party, says his fiancee

The Amazon billionaire and world’s third-richest man has been lit up “like a sparkler” by his relationship with Lauren Sanchez, according to friends.

  • Susie Coen

Why right-wing Silicon Valley billionaires dumped Trump

Faith in the former president’s ability to lessen government oversight of business has crumbled, leaving conservatives in the tech industry adrift.

  • Elizabeth Dwoskin, Maeve Reston and Hannah Knowles
SoftBank founder Masayoshi Son.

WeWork saga cost Son $18b – and his credibility

The fall of WeWork has shattered the Japanese billionaire’s standing as a shrewd investor with a legendary VC record.

  • Min Jeong Lee
Two Sigma co-founder David Siegel 62, has a doctorate in computer science from the Massachusetts Institute of Technology.

Billionaires’ spat, rogue trader, divorce expose secretive hedge fund

Two Sigma has long prided itself on two things: the sophisticated, in-house algorithms that power its trading, and its commitment to privacy. Not any more.

  • Maureen Farrell

October

Dan Murphy’s is in the eye of the storm as the Endeavour board stoush escalates.

Mathieson piles heat on Endeavour chairman to step down

‘I am not going to sit by and watch this great company fail due to poor leadership,’ says billionaire pubs owner.

  • Updated
  • Carrie LaFrenz and Simon Evans
Dogpound founder Kirk Myers, centre, describes the brand as “chic but rough”.

Billionaires fight it out to join $56,750 a year gym – with no showers

Billed as New York’s most Instagrammed fitness centre, Dogpound counts A-list stars such as Justin Bieber, Taylor Swift and Cindy Crawford among its customers.

  • Susie Coen

September

Recycling billionaire Anthony Pratt and US Ambassador to Australia Caroline Kennedy at the opening of Pratt Industries’ new paper mill in Henderson, Kentucky on September 14, 2023.

Oh brother, I’m back in the American heartland

Billionaire Anthony Pratt takes the Rear Window columnist to Kentucky, where he finds a Democrat governor campaigning in Republican territory.

  • Joe Aston
Li Lu in 1989 leading protests at Tiananmen Square: “I am a survivor.”

No other investor has a life story as unbelievable as Li Lu

The inside story of a radical who fled Tiananmen made billions betting on China.

  • Eleanor Olcott
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Mike Cannon-Brookes’ Grok Ventures has revealed its plans for Sun Cable.

British billionaire Guy Hands eyed Sun Cable investment, emails reveal

The British billionaire’s Consolidated Pastoral has been forced to hand over leases to Mike Cannon-Brookes after a lengthy private dispute.

  • Primrose Riordan

Mohamed Al Fayed, former Harrods owner, dies aged 94

Mohamed Al Fayed, the Egyptian businessman whose son was killed in a car crash with Princess Diana, died this week.

  • Updated
  • Elsa Maishman

August

Nike’s partnership with basketball legend Michael Jordan made the shoe company a household name.

How Jordan nets greater wealth from basketball

The NBA legend has boosted his fortune to a massive $5.5 billion, cementing his place in the ranks of billionaire athletes.

  • Amanda Albright and Devon Pendleton
VinFast LLC’s VF8 electric vehicles bound for shipment for export.

This EV maker you’ve probably never heard of just made $60b in a day

Vietnamese billionaire Pham Nhat Vuong increased his fortune from a little over $8 billion to $60 billion when the car maker he owns 99 per cent of listed in the US.

  • Anders Melin
At one point, Musk said Rome’s ancient Colosseum would host the fight, but Italy ruled that out.

Italy stands ready to host as Musk talks up Zuckerberg rumble

Italy’s Culture Minister Gennaro Sangiuliano says he has spoken to Elon Musk about hosting a “large charitable and historically evocative event”.

  • Reuters