In the event of a societal collapse or a banking crisis escalating into a financial meltdown akin to 2008, some billionaires own vast amounts of farmland around the world, which serves not only as a hedge but also provides spacious retreats for them to take refuge.  Despite a US housing market that ...

A digital artist has created waves on social media by using an artificial intelligence (AI) tool to portray how the world’s wealthiest people would look like if they were poor. Using an AI programme called Midjourney, India-based Gokul Pillai created a series of portraits of these billionaires, tran...

Terry Gou is the billionaire founder of Foxconn, a main supplier of Apple, and this week he announced he's seeking the presidential nomination of Taiwan's China-friendly opposition party for the second time.  The Kuomintang (KMT) party favors close ties with China, and has long been seen as one of B...

SAN FRANCISCO— Li Zhang, a Chinese billionaire who is cofounder and CEO of Guangzhou R&F Properties, was arrested in London on Nov. 30 under a provisional warrant issued by the U.S. Attorney’s Office of Northern California District. Zhang was accused of “participating in a scheme to bribe public off...