The entrepreneur behind TikTok and Douyin is now the richest person in Asia—and AI is helping fuel his rise to the top. Zhang Yiming, the founder of TikTok parent company ByteDance, has just overtaken Indian tycoon Gautam Adani as the richest person in Asia, according to Bloomberg, who currently boasts a net worth of $104.8
Elon Musk, the world’s richest man, has some new digs—an Airstream trailer in Memphis, parked just steps from xAI’s most ambitious project yet. Musk, who has a net worth of $917 billion according to the Bloomberg Billionaire Index and became the world’s first trillionaire for 12 days in June, said Monday he was in his
The world’s richest have amassed an eye-watering stockpile of $15.1 trillion—and their heirs are set to take over a third of the global billionaire fortune in the coming decade. Women and Gen Xers are set to take home the largest slice of the pie. About 5,000 spouses and adult children will inherit $6.6 trillion of
The thought of a billionaire’s lifestyle may conjure up images of Great Gatsby mansion-buying and jet-setting at the drop of a hat. But the life of an heiress with the wealth of two multibillion-dollar American businesses looks a lot different. Mitzi Perdue was born into the Sheraton hotel family, and at just the age of
One Gen Z high school dropout with two tech businesses to his name has just become Europe’s youngest self-made billionaire following a breakout investing round—before even turning 30. James Dacombe, the 25-year-old serial entrepreneur behind AI chip-making firm Olix and brain monitoring startup CoMind, just hit a personal net worth of over $1 billion. Dacombe
Editor’s note: Abigail Disney is an Emmy-winning documentary filmmaker, activist, and member of the Patriotic Millionaires. His latest film, “The American Dream and Other Fairy Tales,” co-directed with Kathleen Hughes, had its world premiere at the 2022 Sundance Film Festival. Morris Pearl is the chairman of Patriotic Millionaires and former CEO of BlackRock. The opinions
