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Millionaires & Billionaires Billionaires

  • *A spun off, listed Pay-tv unit could fetch up to 120 billion rand- analysts. JOHANNESBURG, May 24- It was the investment that transformed Naspers from a small-time South African newspaper publisher into Africa's most valuable company and made its long-serving director and chairman Koos Bekker a billionaire. Naspers has plowed in around $3.6 billion since 2012...

  • SAO PAULO, May 23- Shares in Brazilian meatpacker JBS SA stormed higher on Tuesday, helped by bargain-hunting and speculation about potential takeover interest, after earlier falling on concern about the company's role in a corruption scandal. The billionaire Batista brothers who control JBS through holding company J&F Investimentos SA have admitted to...

  • In his first detailed budget submission to Congress on Tuesday, Trump requested major reductions to programs that help poor families afford groceries and poor and disabled people get healthcare. Some Republicans in Congress cheered Trump's budget. They're really deep, deep cuts, "said Republican Representative Hal Rogers, whose eastern Kentucky district...

  • QUINCY, Mass.— Facebook CEO Mark Zuckerberg has visited the Massachusetts high school where his wife attended. Zuckerberg says in a Facebook post the couple had stopped by the school on their way to Cambridge, Massachusetts, where Zuckerberg is set to deliver the commencement speech at Harvard University on Thursday. Zuckerberg livestreamed on Facebook his...

  • May 23- Honeywell International Inc said on Tuesday it would decide by fall this year whether to separate its aerospace business, a move hedge fund Third Point LLC wants the U.S. industrial conglomerate to pursue. Third Point, run by billionaire Dan Loeb, last month said Honeywell should spin off the aerospace division, saying the separation could create more...

  • In his first detailed budget submission to Congress on Tuesday, Trump requested major reductions to programs that help poor families afford groceries and poor and disabled people get healthcare. Some Republicans in Congress cheered Trump's budget. They're really deep, deep cuts, "said Republican Representative Hal Rogers, whose eastern Kentucky district...

  • NEW YORK, May 23- Altice USA, the cable operator created from Netherlands- based Altice NV's acquisitions of Cablevision Systems Corp and Suddenlink Communications, considers cable growth a priority as it explores ways to enter the wireless business, company officials said. In April, Altice USA filed for an initial public offering that seeks to raise $1 billon...

  • NEW YORK, May 23- Altice USA, the cable operator that arose from Netherlands- based Altice NV's acquisitions of Cablevision Systems Corp and Suddenlink Communications, is exploring ways to enter the wireless business as rival cable companies prepare their own mobile services, its chief executive said. "We are having discussions on lots of different types of...

  • JERUSALEM, May 23- Israeli billionaire Teddy Sagi has agreed to buy a controlling stake in Brack Capital Properties, a property owner and developer in Germany, for about 1 billion shekels, the company said on Tuesday. BCP, which is listed on the Tel Aviv Stock Exchange, said in a statement that Sagi agreed to buy a controlling 44 percent stake, or about 2.9 million...

  • BRASILIA, May 22- Brazilian President Michel Temer, facing growing calls for his resignation over a corruption scandal, said he would not step down even if he was formally indicted by the Supreme Court. Oust me if you want, but if I stepped down, I would be admitting guilt, "Temer told Folha de S.Paulo, Brazil's biggest newspaper, in an interview published on Monday.

  • BRASILIA, May 22 (Reuters)- Brazilian President Michel Temer, facing growing calls for his resignation over a corruption scandal, said he would not step down even if he was formally indicted by the Supreme Court. The scandal has threatened to tear apart Temer's coalition in Congress and leave Latin America's largest economy adrift as the president fights for his...

  • Facebook CEO Mark Zuckerberg has visited a Rhode Island public school and met with the governor to talk about education initiatives. WPRI-TV reports that Zuckerberg visited Del Sesto Middle School in Providence on Monday. A Massachusetts woman says she was surprised to bump into Facebook CEO Mark Zuckerberg while walking on a crowded sidewalk in the...

  • BRASILIA, May 22- Brazilian President Michel Temer, facing growing calls for his resignation over a corruption scandal, said he would not step down even if he was formally indicted by the Supreme Court. But the Chief Justice Carmen Lucia ruled on Monday that the court would not take up the issue of the recording until Brazil's federal police finish their...

  • BRASILIA, May 22- Brazilian President Michel Temer, facing growing calls for his resignation amid a corruption scandal, will not step down even if he is formally indicted by the Supreme Court, he said in an interview in Folha de S. Paulo, Brazil's largest newspaper, on Monday. The scandal has threatened to tear apart Temer's coalition in Congress and leave Latin...

  • BRASILIA, May 22- Brazilian President Michel Temer, facing growing calls for his resignation amid a corruption scandal, will not step down even if he is formally indicted by the Supreme Court, he said in an interview in the Folha de S. Paulo newspaper on Monday. The Supreme Court has opened an investigation into the revelations that were part of plea bargain...

  • BRASILIA, May 22- Brazilian President Michel Temer, facing growing calls for his resignation amid a corruption scandal, will not step down even if he is formally indicted by the Supreme Court, he said in an interview in the Folha de S. Paulo newspaper on Monday. Oust me if you want, but if I stepped down, I would be admitting guilt, "said Temer, who has said the recording of...

  • PROVIDENCE, R.I.— Facebook CEO Mark Zuckerberg says his quest this year to visit every state he hadn't before is about building relationships, not politics. He wrote the post Sunday from Newport, Rhode Island, where he was spotted with his wife, Priscilla Chan. Massachusetts real estate broker Gisele Borghani said she and her family were walking on a crowded...

  • "It is a game-changer in the Australian philanthropic community and it will change the lives of thousands of people here in Australia and around the world," Turnbull told a ceremony at Parliament House. Sarah Davies, chief executive of Philanthropy Australia, the country's peak body for philanthropy, said Australia did not have the United States' tradition of...

  • SEOUL, South Korea— Handcuffed, her inmate number 503 attached to her clothing, former South Korean President Park Geun-hye begins her corruption trial Tuesday in the same courtroom where a brutal dictator was sentenced to death two decades ago. The hearing in room No. 417 of the Seoul Central District Court will be Park's first public appearance since she was...

  • *Announced during Donald Trump's visit to Riyadh. RIYADH, May 20- The world's largest private equity fund, backed by Japan's Softbank Group and Saudi Arabia's main sovereign wealth fund, said on Saturday it had raised over $93 billion to invest in technology sectors such as artificial intelligence and robotics. In addition to Softbank and Saudi Arabia's Public...