Mike Ashley has agreed to sell Newcastle United to Abu Dhabi’s billionaire Sheikh Khaled bin Zayed Al Nehayan for 350 million pounds ($445.24 million), the Sun reported late on Sunday.
The gesture touched on one of the 2020 US election’s key issues – the high cost of education.
Billionaire Robert F. Smith told a new graduating class that he plans to pay off the entirety of their student debt.
A brash, self-promoting billionaire with political ambition and a string of controversies in his wake, Clive Palmer not only sounds like Australia’s answer to Donald Trump, that is exactly who he is modelling himself on.
Elon Musk will step down as the company’s chairman but remain as chief executive.
Jack Ma to hand the reins of his sprawling empire to a new generation of leaders.
Russian billionaire Roman Abramovich hires an investment bank to consider the sale of his football team Chelsea.
Tesla Inc CEO is looking to reengineer how a company can be taken private.
Berkshire Hathaway said quarterly operating profit rose 67 percent.
Electric car maker Tesla Inc is cutting several thousand jobs across the company.
India’s federal police ask Interpol to help arrest Nirav Modi, who is at the heart of a $2-billion-plus bank fraud case.
Billionaire George R. Robeire is using some of his fortune to help others find jobs.
A scion of Thailand’s biggest autoparts group launched a political party in Bangkok.
George Soros has donated £400,000 to a campaign for influencing British lawmakers to vote against a final Brexit deal.
Billionaire physician and investor Patrick Soon-Shiong agrees to buy the Los Angeles Times.