Business

From a 19-year-old college student to Asia’s richest person, it pays wells to be born rich.

Six months after its launch, TikTok Shop has sold more than $1 billion worth of products — some of questionable quality, including counterfeits.

A CSIRO report recommends that Australia build its own foundation AI models rather than exclusively relying on those from China and the US. It calls the emerging technology risks it sees on the radar ‘bright flashing lights.’

An exit is a very attractive vehicle, but like any vehicle, you first need to learn how to drive it, writes Beste Onay.

The world’s wealthiest technology moguls have ridden the AI-fueled frenzy to never-before-seen heights.

Prime Minister Anthony Albanese has announced Sam Mostyn as Australia’s next Governor-General.

The world’s billionaires are riding high, with Forbes finding a record 2,781 of them around the globe this year, worth a record $14.2 trillion altogether. With many markets up, the surge in wealth has made 265 people billionaires over the past year, up from 150 newcomers in 2023.

Bankruptcy, scandal and stock crashes helped knock Bolt’s Ryan Breslow, Evergrande’s Hui Ka Yan and scores of others out of the three-comma club over the past year.

Here are the wealthiest people on Forbes’ annual rich list.

How the famed French cobbler turned his signature red soles—worn by Beyoncé, Taylor Swift and anyone who can afford them—into serious gold.