Changpeng Zhao tops crypto billionaires ranking despite legal saga

According to a new Forbes article, Binance founder Changpeng Zhao has tripled his net worth since 2023. Forbes magazine has published a ranking of the world’s wealthiest and most influential cryptocurrency billionaires, headed by Zhao. Forbes estimated his net worth at $33 billion, more than triple what it was in 2023 at $10.5 billion. Zhao’s stake in Binance is...

HK billionaire Richard Li donates RM900,000 to Malaysian student fund

KUALA LUMPUR: Hong Kong billionaire Richard Li (pic) has donated nearly RM900,000 to a fund that assists Malaysian students studying in the special administrative region, says Transport Minister Anthony Loke. “I would like to express my deep appreciation to Li, whom I understand is a member of your delegation, for donating HK$1.5mil (RM880,000) in cash to...

Explainer: All you need to know about Reliance-Jio Financial demerger

Explainer: All you need to know about Reliance-Jio Financial demerger

Five analysts estimate that Reliance's Jio Financial Services will be valued at 160-190 rupees per share. Billionaire Mukesh Ambani's Reliance Industries, India's most valuable company, will demerge its financial services business on today as part of a move to unlock value. A man walks across the LED board showing the logo of Jio(REUTERS) The local stock exchanges will...