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3 mins read

China's central bank wants Jack Ma's Ant Group to overhaul its business model

The People's Bank of China asserts that Ma's enterprise needs to 'understand the necessity of …

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2 mins read

A 200% EV IPO bonanza has boosted the wealth of Vietnam's wealthiest person eightfold to over $44 billion

VinFast's stock opened at $22 apiece on Nasdaq — a surge of over 200% from the $10 per share price …

Huileng Tan   


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3 mins read

'Dumb Money' shows how Vlad Tenev's Robinhood investing app fueled the GameStop stock frenzy — here's where the former billionaire is now

In "Dumb Money," Sebastian Stan plays the CEO of the app that led to the rise and fall of the GameS…

Jason Guerrasio   


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2 mins read

SoFi to go public via SPAC backed by billionaire investor Chamath Palihapitiya

The deal will value SoFi at almost $9 billion, nearly double its last funding round of $4.3 billion…

Matthew Fox   


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1 min read

Billionaire investor Seth Klarman bets $200 million on Outbrain ahead of the ad-tech group's IPO

Klarman's Baupost hedge fund seems bullish on online advertising, given it already invested in Goog…

Theron Mohamed   


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1 min read

Jack Ma sees $3 billion erased from his net worth as Alibaba shares tank following Ant Group IPO delay

Even with today's drop in shares of Alibaba, Jack Ma is still worth about $54 billion, according to…

Matthew Fox   


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1 min read

Jack Ma is set become the world's 11th-richest person on Ant Group's IPO, leapfrogging heirs to L'Oreal and Walmart with his $71.1 billion fortune

Jack Ma's fortune rose by an estimated $27 billion following share pricing for Ant Group's November…

Grace Dean   


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3 mins read

Elon Musk's run as Twitter CEO comes to end, billionaire to step down in few weeks

Musk shared the development in a tweet on Friday, and said, "Excited to announce that I've hired a …

ANI   


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1 min read

K-pop sensation BTS made manager 'Hitman' a billionaire after their record label's IPO

The seven members of BTS also became multimillionaires after their record label Big Hit Entertainme…

Taylor Nicole Rogers   


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4 mins read

From Masayoshi Son to Warren Buffett ⁠— some of the world’s biggest billionaires have a stake in the success of Paytm IPO

Paytm is going public after ten years of operation in the Indian market. It was founded in 2010 …

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4 mins read

Reader mailbag: From the impact of a US default to analyzing the IPO market, all your questions answered

All your finance-related questions are answered in this wide-ranging reader mailbag touching on eve…

Dan DeFrancesco   


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2 mins read

ZoomInfo founders become billionaires after stock more than doubles in 3-day rally

The business-intelligence firm's shares began trading publicly on Thursday at $21 each. By Monday's…

Ben Winck   


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3 mins read

Sensex, Nifty50 open higher amid positive global cues: Nykaa, Inox Green, Adani Enterprises among stocks in focus

Indian benchmark indices opened higher on Wednesday amid positive global cues as well as SGX Nifty,…

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2 mins read

Airbnb declines takeover by billionaire investor Bill Ackman's 'blank check' company, report says

The home-rental giant said it still preferred entering public markets through a traditional IPO, Bl…

Ben Winck   


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2 mins read

How Snowflake CEO Frank Slootman became a billionaire by ripping up the 'nice guy' Silicon Valley playbook

Slootman has reached nearly mythic status in Silicon Valley as he continues to captain the ship at …

Katie Warren   


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2 mins read

Billionaire Bill Ackman lifts acquisition company's IPO target to record $4 billion

Ackman hasn't yet revealed which company he aims to buy, but his firm has revealed interest in "hig…

Ben Winck   


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2 mins read

Billionaire investor Dan Loeb follows Warren Buffett and Marc Benioff into Snowflake

Loeb's Third Point fund revealed the cloud-data platform was one of its best-performing bets in Sep…

Theron Mohamed   


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2 mins read

Aether Industries Limited IPO open today — check out other important dates

Specialty chemical maker Aether Industries is all set to launch its initial public offering (IPO) t…

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2 mins read

Jack Ma's Alibaba climbs after the the billionaire gives up control of Ant Group

Shares of the Chinese e-commerce giant climbed for the sixth consecutive trading session, and have …

Phil Rosen   


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1 min read

Billionaire investor Dan Loeb seems to have sold all of his Snowflake stock within days of buying it

Loeb's Third Point highlighted the cloud-data platform as one of its winning bets in September, but…

Theron Mohamed