Billionaires

There’s a new member of the $300 billion club and a second sibling from America’s richest family among the planet’s ten wealthiest people.

The Oracle chairman ranked the world’s second-richest person earlier this month.

Titans of finance including Baillie Gifford and T. Rowe Price have backed Airwallex in the startup’s US$320 million Series H, which values the Australian-born startup at $16 billion.

A selloff for Musk’s rocket maker wiped out roughly $900 billion in market value.

The UFC CEO said a proposed fight at Rome’s Colosseum would have cost an estimated $150 million.

Australia’s VC industry is on track to have its biggest year since 2022, a new report from Side Stage Ventures and the Australian Investment Council says, but most of that is going to the top end of town.

Shares of Elon Musk’s rocket maker have soared by more than 30% since their trading debut.

Australia’s richest person joins forces with the world’s richest to leverage local critical mineral assets and strengthen the Australia/US relationship. They will both potentially make billions more in the process.

A stock debut for Musk’s aerospace firm should make him the first trillionaire, even as Tesla’s latest slide cut into his fortune.

Sigma Healthcare—which counts Australian billionaire brothers Jack and Sam Gance and their business partner Mario Verrochi as its biggest shareholders—has been seeking to expand in the U.K.