11+ min ago   (464+ words) South Korean billionaire Chey Tae-won must pay ex-wife Roh Soh-yeong $644 million in cash, the largest divorce award in the country's history. A Seoul appeals court ordered SK Group chairman Chey Tae-won to pay his former wife $644 million (944 billion won) in…...

17+ min ago   (446+ words) Hedge fund billionaire Bill Ackman's foundation is spending $260 million on two Manhattan buildings to house a brain research institute. Bill Ackman's family foundation is committing $260 million to two buildings on Manhattan's Upper West Side to create a brain research institute,…...

14+ hour, 5+ min ago   (719+ words) Jensen and Lori Huang pledged $75 million to name Vanderbilt's San Francisco art college, built on the closing California College of the Arts. GHOST Nvidia co-founder Jensen Huang and his wife, Lori, have committed $75 million to Vanderbilt University to establish an…...

10+ hour, 55+ min ago   (570+ words) Mozambican tycoon Salimo Abdula told the Mozambique CEO Summit that innovation and partnerships will decide which African firms compete globally. Salimo Abdula, the founder and chairman of Intelec Holdings and one of Mozambique's wealthiest businessmen, told the country's main corporate…...

12+ hour, 55+ min ago   (714+ words) Ivan Saltzman resigned from the Dis-Chem board with immediate effect, barely three weeks after taking the non-executive seat he retired into. Ivan Saltzman has resigned from the board of Dis-Chem Pharmacies with immediate effect, barely three weeks after taking up…...

13+ hour, 46+ min ago   (689+ words) Abdul Samad Rabiu's BUA Cement lifted half-year profit 80% to $237 million as bulk cement revenue jumped from almost nothing a year earlier. BUA Cement, the Nigerian producer controlled by billionaire Abdul Samad Rabiu, lifted first-half profit by almost 80 percent to $237.1 million…...

14+ hour, 1+ min ago   (591+ words) Thomas Flohr's Vista Global has converted an eighth Global 7500 into a Global 8000, adding range as Africa to Asia flying surges. Vista Global, the Dubai-based private aviation group controlled by Swiss billionaire Thomas Flohr, has taken its eighth Bombardier Global 8000 into…...

14+ hour, 5+ min ago   (691+ words) LeBron James, the NBA's only billionaire, has joined the Philadelphia 76ers on a minimum contract worth $8 million, a pay cut of over 90 percent. LeBron James, the only billionaire currently playing in the NBA, has signed with the Philadelphia 76ers on a veteran's…...

14+ hour, 8+ min ago   (638+ words) Byron Allen is cutting more than a dozen jobs at HuffPost, weeks after buying a $91 million Aspen estate and months after taking control of BuzzFeed. Byron Allen is cutting more than a dozen jobs at HuffPost, weeks after the media…...

1+ day, 14+ hour ago   (796+ words) Femi Otedola is worth about $1.7 billion, up $400 million since March, with just over half of that now sitting in a single bank stock. Femi Otedola is worth about $1.7 billion, up roughly $400 million since Forbes published its annual billionaires list in…...