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Billionaires

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Sir Richard Branson has become one of the few business leaders to publicly criticise Trump.

The billionaire speaking out against Trump

Richard Branson didn’t hold back in his comments, saying Trump has “put America on the wrong side of history”.

  • Stephen Castle

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Elon Musk’s close alliance with Donald Trump and his MAGA movement is hurting Tesla’s profits.

Tesla’s profits plummet to five-year low as Musk pays the price of Trump

Tesla’s profits have plunged as the electric car maker counts the cost of the billionaire’s alliance with the US president and his trade war.

  • Chris Price, Alex Singleton and Matthew Field
Scott Bessent, US treasury secretary. Photographer: Chris Kleponis/CNP/Bloomberg

The Trump billionaires who run the economy and the things they say

Psychologists say that extreme wealth changes people and their views of those who have less.

  • Elisabeth Bumiller
Elon Musk flashes his “DOGE” T-shirt at the White House.

Elon Musk and the dangerous myth of ‘omnigenius’

The Tesla CEO is good at building cars and rockets. That doesn’t mean he’s good at everything else.

  • Gautam Mukunda
Donald Trump’s radical plan got a reality check from bond markets.

Trump’s sharemarket bonanza and the billionaire bros club

There were many winners in the market frenzy that followed Donald Trump’s about-face, including the US president himself, but his capitulation revealed who is really in charge.

  • Colin Kruger
Bill Heinecke, chairman and founder of Minor International, in Bangkok, Thailand. Minor International, whose hotels in Thailand feature in the hit series The White Lotus, plans to expand in the US to cash in on the newfound global fame that’s seen room bookings skyrocket since the show began airing last month.

Real-life ‘White Lotus’ billionaires race to capitalise on show

Two local ultra-rich tycoons are happy to attach their companies’ brands to the confronting plot that exposes the dark side of most characters.

  • Filipe Pacheco, Patpicha Tanakasempipat and Danny Lee
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Billionaire hit: Mark Zuckerberg and Elon Musk.

Billionaires poised to lose nearly a trillion dollars in two days

The world’s 500 richest people suffered the biggest two-day loss ever in the fallout from US President Donald Trump’s tariff announcements.

  • Dylan Sloan
’Cause I’m free to do what I want any old time: Elon Musk has just liberated himself from the X debt.

Elon Musk just had his own Liberation Day

The merger of social media platform X with Musk’s artificial intelligence start-up xAI will allow him, his co-investors and X’s banks to exit the struggling business unscathed.

  • Stephen Bartholomeusz
Blackstone’s Joseph Baratta is the latest at the firm to be minted as a billionaire.

The Wall Street giant that turns its executives into billionaires

Blackstone has become a Wall Street powerhouse that manages over a trillion dollars worth of assets. It is sharing the spoils.

  • Ben Stupples and Dylan Sloan
Donald Trump

Trump’s dealmaking is all about him

Donald Trump is after personal and public hegemony for himself and the US, and he’s willing to tank the law, the Constitution and global alliances to get there.

  • Timothy L. O'Brien

Original URL: https://www.watoday.com.au/topic/billionaires-1mro