Mukesh Ambani

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Rare Rihanna Concert Is for Asia's Richest Man

She performs first show since 2016 at pre-wedding party for son of Mukesh Ambani

(Newser) - Rihanna performed her first full concert since 2016 at, per USA Today , an "unexpected venue": a pre-wedding party for the son of Asia's richest man. The 36-year-old performed on Friday, the first night of three days of festivities in Jamnagar, India, for Anant Ambani, son of Mukesh Ambani,...

Meet the 10 Richest People in the World

You know many of them already, including Elon Musk at No. 1, per 'Forbes' annual billionaires ranking

(Newser) - If Forbes is trying to make us feel bad for the world's billionaires, it's not really working. The magazine notes that, collectively, this group is now worth $400 billion less than they were a year ago, thanks to the ongoing pandemic, tepid markets, and war—but 1,000...

Billionaire Abandons $1B Home
 Billionaire Abandons $1B Home 

Billionaire Abandons $1B Home

Tycoon believes Mumbai tower is unlucky

(Newser) - Indian tycoon Mukesh Ambani spent a billion dollars building a home that he doesn't want to live in. Ambani's 27-story tower in Mumbai, the world's most expensive home, was completed a year ago , but the billionaire and his family haven't moved in, the Daily Mail reports....

Asian Billionaires Storm Forbes Richest List

China adds remarkable share of world's newly minted billionaires

(Newser) - Asian magnates are the huge scorers in the annual Forbes list of the world’s billionaires, with 234 making the cut this year, compared to 130 last year. That's 23% of the 1,011 people worldwide on the list, up from 16%. And Asia is minting new billionaires like mad:...

Spurned Spielberg Seeks Disney Deal

Universal scraps Dreamworks plan after demand for more cash

(Newser) - Hollywood's own financial crisis has left Steven Spielberg searching for a home for DreamWorks, the Wall Street Journal reports. Talks over a distribution deal with Universal collapsed yesterday after the studio balked at DreamWorks' request to double its financing commitment to $200 million. DreamWorks is now in talks with Disney,...

These 5 People Lost the Most This Year

Think your 401(k) has taken a hit? One tycoon has taken a $32B bath

(Newser) - Think you've taken a bath in the markets? Business Sheet compiles this year's five biggest losers:
  1. Warren Buffet Loss: $13.6 billion. Though he’s bought when others wouldn’t and come to the rescue of many (Goldman and GE, to start), losses dropped the famed investor’s liquid wealth
...

Peek at Perks in $2B Mansion
 Peek at Perks in $2B Mansion 

Peek at Perks in $2B Mansion

Mumbai mogul plans 27-story abode

(Newser) - The world's fifth-richest man, Mukesh Ambani, beat the competition with plans to build the first billion-dollar home to grace this earth, Forbes reports. In fact, his 27-story high-rise in India will cost $2 billion when it's done next year. Some of its frills:
  • Nine elevators dot the lobby.
  • 80% of
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7 Stories