Archives
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ALL DEALS March 2, 2016 Russian billionaire Fridman’s LetterOne invests $200 million in Uber
By: sristy SahaUber was valued at more than $60 billion, people familiar with the matter said in December, making it the world’s most valuable startup. Photo: Reuters Moscow: Russian billionaire Mikhail Fridman’s investment vehicle LetterOne invested $200 million in Uber Technologies Inc., betting in ride-hailing technology after selling billions of dollars worth of oil assets. “We aim […]
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NEWS February 24, 2016 Billionaire Wisdom: 8 Insights From a Quartet of the World’s Most Effective Entrepreneurs
By: sristy SahaUntil very recently, taking on grand challenges was off-limits for most people. Historically, going big meant huge capital outlays and multi-decade bets. It meant staging personnel in dozens, sometimes hundreds, of countries. Assembling the astounding array of talent required an infrastructure for hiring, retaining and retraining it as technology evolved. But with the wealth of […]
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NEWS February 24, 2016 This City Just Unseated New York City as the Billionaire Capital of the World
By: sristy SahaBeijing just surpassed New York City to become the city with the most billionaires in the world. A hundred billionaires are based in the Chinese capital compared to New York City’s 95, according to findings from theHurun Global Rich List, an annual wealth ranking from the Shanghai-based Hurun Report. Bill Gates and Warren Buffett are […]