Billionaires

Lucrative endorsements and a stake in shoe brand On have made the Swiss star just the seventh athlete in the three-comma club—and a food tech investment may serve up another payday.

Powell suggested the central bank may loosen its monetary policy, sparking a broader market surge and benefiting the world’s richest.

The owner of the social media subscription site best known for hosting adult content has now earned over $1.8 billion in dividends since buying the website in 2018.

For nearly a decade Elon Musk has claimed Teslas can truly drive themselves. They can’t. Now California regulators, a Miami jury and a new class action suit are calling him on it.

The latest funding round was led by Fidelity Management & Research and funds linked to J.P. Morgan Asset Management.

The OpenAI CEO is challenging his former friend. Twitter, Tesla and even Neuralink are in his sights

At Meta, a chaotic culture and lack of vision have led to brain drain, with rivals saying its AI talent is lacklustre. But Zuckerberg’s frenzied hiring spree hasn’t stopped the departures.

This Forbes list highlights 25 venture-backed companies likely to become unicorns. Learn more about the founders and investors behind these fast-growing tech startups.

Pierson has cozied up to everyone from Diane Von Furstenberg to Selena Gomez, burnishing her image as her businesses unraveled. A case study in how hubris is bad for business.

Simba Telecom—a unit of billionaire David Teoh’s Australia-listed Tuas Ltd.—is buying M1 in a deal valuing the Singapore-based mobile carrier at S$1.4 billion ($1.1 billion).