billionaires

New Business

China’s growing young billionaire class masks innovation hurdles, analysts say

While China continues to produce many young self-made billionaires, showcasing its economic dynamism, observers have urged the creation of a…

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New Business

China’s super-rich investors eye Shanghai hotels for scarcity value, tourism appeal

China’s billionaire investors are looking to pick up luxury hotels in Shanghai while institutional investors like insurers and real estate…

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New Business

Hopewell, top landlord in Wan Chai, ventures into hotel in bet on tourism, conference demand

Hopewell Holdings, one of the largest commercial landlords in Wan Chai district, is banking on its new hotel venture to…

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Tech

Elon Musk surpasses Jeff Bezos as world’s richest person as Tesla stock outpaces all S&P 500 rivals

A statement that seemed outlandish one year ago became plausible, then almost inevitable as Tesla’s share price climbed higher and…

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