Pop Mart CEO Wang Ning, creator of the Labubu toy, ranked 86th in the Bloomberg Billionaires Index. His fortune has grown more than threefold, reaching 27.5 billion US dollars.
Warren Buffett's Berkshire Hathaway increased its stakes in Mitsubishi Corp. and Mitsui & Co. This demonstrates confidence in the stability of these conglomerates and stimulates growth in their shares.
American philanthropist Bill Gates has promised to give away almost all of his wealth over 20 years. He criticized Elon Musk for cutting aid to the world's poorest countries.
Investor Warren Buffett announced the end of his career at Berkshire's annual meeting. He will be replaced by Greg Abel, vice chairman of the holding, and Buffett plans to donate almost all of his shares.
The combined capital of the world's richest people increased by a record $304 billion thanks to Trump's promises to suspend tariffs. Elon Musk became the richest, his fortune increased by $36 billion.
Apple Inc. shares fell to their lowest level since May 2024 due to concerns about US and Chinese tariffs. Apple's market capitalization fell to $2.59 trillion.
Forbes estimated that after the introduction of tariffs, Trump's wealth decreased by $500 million, reaching $4. 2 billion. Trump Media and commercial real estate suffered the biggest losses.
Warren Buffett increased his fortune by $11. 5 billion this year, while other billionaires suffered losses due to Trump's customs rally. Berkshire Hathaway Inc. fell less than the S&P 500.
Forbes published the ranking of billionaires for 2025. Elon Musk topped the list with $342 billion, ahead of Zuckerberg and Bezos, becoming the richest person in the world.
Eight tech billionaires have lost about $266 billion due to Trump's policies. Elon Musk lost $132 billion due to the drop in Tesla shares.
Bill Gates said he has donated more than $100 billion through his charitable foundation. The Microsoft founder plans to give away most of his fortune, leaving his children a “not so huge” amount.
Billionaire Warren Buffett announced his intention to give 99. 5% of his fortune to charity. The funds will be received by four family foundations that will be managed by his children, but they themselves will not be able to work in the charity foundation.
Billionaire Warren Buffett, 94, said that time is the most valuable asset, not material wealth. He earned 99% of his $145.9 billion fortune after the age of 50 by relying on long-term investments.
Goldman Sachs predicts that the US stock market will grow by the end of 2024 after Trump's victory. The bank has identified key sectors for investment, including the chemical industry, automotive and defense sectors.
Investors on global markets are awaiting the results of the US presidential election between Kamala Harris and Donald Trump. A Republican victory could affect inflation and interest rates due to their policy of tariffs and tax cuts.
Berkshire Hathaway continues to sell off shares, including stakes in Apple and Bank of America. Warren Buffett's company has increased its cash reserves to a record $325 billion amid the upcoming US elections.
Zhang Yiming, co-founder of ByteDance, increased his fortune by 43% to $49. 3 billion. Despite the pressure in the US, the company's global revenue grew by 60% last year.
The stock markets of the United States, Europe and Asia fell sharply amid fears of a slowdown in the US economy. The S&P500 and Nasdaq indexes fell by 4.1% and 6.3%, respectively, the FTSE 100 fell by 2.8%, and the Nikkei 225 fell by a record 12.4%.
