Billionaire Archives - The Tamesis

Energy Storage Boom Propels Former Huawei Executive Into Billionaire Ranks

Conflict in the Middle East, coupled with increased electricity consumption due to artificial intelligence, is driving demand for energy storage products, such as those from China’s SIG Energy Technology Co., Ltd. Investor

April 16, 2026

Breaking News

Billionaire Nadir Godrej To Hand Over Reins At Godrej Industries To Nephew, Pirojsha

Billionaire Nadir Godrej has helped grow a group of four publicly traded companies: Godrej Consumer Products, Godrej Industries, Godrej Properties and Godrej Agrovet, with a combined market capitalization of about $21 billion.

April 14, 2026

Breaking News

Thai Billionaire Charoen Sirivadhanabhakdi’s Frasers Property, Partner Offer Top Bid Of $479 Million For Singapore Residential Site

Approximately 470 homes can be built on a 11,456.3 sq m (123,315 sq ft) site along the Kallang River overlooking the iconic Singapore National Stadium.

April 8, 2026

Breaking News

Malaysian Billionaire Jeffrey Cheah’s Sunway Walks Away From $2.8 Billion IJM Bid

The company has suffered setbacks since Sunway announced its bid in January. Last month, IJM’s board recommended that investors reject the offer as it was considered well below fair value.

April 7, 2026

Breaking News

Indian Billionaire Azim Premji’s Wipro Buys Singapore-Based Olam’s IT Business For $375 Million

After the acquisition is completed, Wipro, the Indian technology giant founded by billionaire Azim Premji, will provide IT services worth US$800 million to Singapore’s Olam Group for eight years.

April 6, 2026

Breaking News

Billionaire Sunil Mittal’s Airtel, Partners To Invest $1 Billion In Indian Data Center Projects

Fiber optic cable connected to the Ethernet port. Getty Airtel-Controlled by billionaires Sunil Mittal— A group of investors is investing in a $1 billion data center project in India to capitalize on

March 31, 2026

Breaking News

Chinese-American Professor Behind Huawei-Backed Power Chip Wafer Maker Becomes Billionaire

Epiworld International chairman Zhao Jianhui, 66, became a billionaire after his company’s $209 million initial public offering in Hong Kong.

March 30, 2026

Breaking News

Billionaire Aloke Lohia’s Indorama Ventures, Blackstone-Backed EPL To Merge Indian Packaging Business In $2 Billion Deal

The proposed merger comes a year after Indorama Ventures, controlled by petrochemical billionaire Aloke Lohia, bought an initial 24.9% stake in EPL from Blackstone for $219 million.

March 30, 2026

Breaking News

Memory Chip Boom Catapults Founder Of Korean Semiconductor Equipment Maker To Billionaire Ranks

EO Technics makes laser equipment used in memory chip production.

March 27, 2026

Breaking News

Billionaire Kumar Birla, Blackstone To Buy Royal Challengers For $1.8 Billion Amid Bidding Frenzy For Indian Cricket Teams

Billionaire Kumar Mangalam Birla joins other high-profile owners of the Indian Premier League cricket team, including Asia’s richest man Mukesh Ambani, whose Reliance Industries owns the Mumbai Indians.

March 25, 2026

Breaking News

AI Optics Boom Propels Founder Of Photonic Chip Maker Into The Billionaire Ranks

Huawei-backed Yuanjie Semiconductor Technology Co. makes photonic chips for optical interconnects in artificial intelligence data centers.

March 20, 2026

Breaking News

Indonesian Billionaire And Philanthropist Michael Hartono Dies In Singapore At Age 86

According to a ranking of Indonesia’s 50 richest people released by Forbes Asia in December, the Hartono family has a combined net worth of US$43.8 billion, ranking them among the richest in

March 19, 2026

Breaking News

Malaysian Billionaire Syed Mokthar Albukhary-Backed $765 Million LNG Facility Approved

The LNG facility is part of a US$3.7 billion integrated development in Pulau Bunting in the northwest Malaysian state of Kedah, which includes a power plant and an LNG terminal. The project

March 19, 2026

Breaking News

Permodalan Nasional Rejects Billionaire Jeffrey Cheah-Backed Sunway’s $2.8 Billion Takeover Bid For IJM

IJM Corp.’s board last week recommended shareholders reject a $2.8 billion offer from Malaysian billionaire Jeffrey Cheah’ Sunway as too low.

March 17, 2026

Breaking News

Billionaire Mukesh Ambani’s Reliance Inks $3 Billion Deal To Supply Green Ammonia To Korea’s Samsung C&T

Reliance Industries, controlled by Asia’s richest man Mukesh Ambani, will supply green ammonia to Samsung C&T starting in the second half of 2029 for 15 years in a deal worth $3 billion.

March 17, 2026

Breaking News

Indian Billionaire Savitri Jindal’s JSW Steel To Develop Coking Coal Mine In Mozambique

JSW Steel is the steel manufacturing arm of the JSW Group and is led by Sajjan Jindal, the son of India’s richest woman, Savitri Jindal. Nearly two years after agreeing to buy

March 15, 2026

Breaking News

Billionaire Enrique Razon Accelerates Energy Push With Colombia, Philippine Deals

The acquisition of SierraCol Energy will be the first overseas energy asset for Prime Infrastructure Capital, which has been increasing energy investments in the Philippines.

March 12, 2026

Breaking News

Indian Billionaire Mukesh Ambani Backing U.S. Refinery Deal Shows Shifting Global Energy Dynamics

The project will be the first new refinery built in the United States in 50 years and is expected to produce 1.2 billion barrels of light shale oil worth $125 billion and

March 12, 2026

Breaking News

Australian Billionaire Mike Cannon-Brookes’ Atlassian Cuts 1,600 Jobs Amid AI Push

The layoffs were announced as Atlassian ramps up investment. Last September, within weeks of announcing a $937 million acquisition of The Browser Company, it agreed to acquire developer intelligence platform DX for

March 12, 2026

Breaking News

Billionaire Robin Khuda’s AirTrunk Taps $1.2 Billion Loan To Expand Tokyo Data Center

Airtrunk is investing US$8 billion to build data centers in Tokyo and Osaka, which will have more than 530 megawatts of capacity when completed in the next few years.

March 10, 2026

Breaking News

Billionaire Quek Leng Chan’s Guocoland Sells 90% Of Prime Singapore Residential Project During Weekend Launch

Billionaire Quek Leng Chan’s Guocoland sold 410 of the 455 units at its River Modern residential condominium near the Singapore River, which it launched over the weekend, in a further sign of

March 8, 2026

Breaking News

Billionaire Cousins’ Group Offers Top Bid Of $513.5 Million For Singapore Residential Plot

Guocoland, controlled by Malaysian billionaire Quek Leng Chan, and its partners are looking to replenish their land bank to cope with strong demand for homes in Singapore, one of the world’s most

March 4, 2026

Breaking News

Thai Billionaire Dhanin Chearavanont’s CP Axtra To Buy Malaysian Grocery Chain For $420 Million

The proposed acquisition comes as CP Axtra, owned by billionaire Dhanin Chearavanont, seeks to expand its retail presence in Southeast Asia.

March 4, 2026

Breaking News

PPB Group Appoints Billionaire Robert Kuok’s Grandson As Board Director

PPB Group is one of several companies controlled by Malaysia’s richest man Robert Kuok, who began trading commodities after World War II and expanded into hotels, logistics, shipping and shipbuilding.

March 3, 2026

Breaking News

Billionaire

Energy Storage Boom Propels Former Huawei Executive Into Billionaire Ranks

Billionaire Nadir Godrej To Hand Over Reins At Godrej Industries To Nephew, Pirojsha

Thai Billionaire Charoen Sirivadhanabhakdi’s Frasers Property, Partner Offer Top Bid Of $479 Million For Singapore Residential Site

Malaysian Billionaire Jeffrey Cheah’s Sunway Walks Away From $2.8 Billion IJM Bid

Indian Billionaire Azim Premji’s Wipro Buys Singapore-Based Olam’s IT Business For $375 Million

Billionaire Sunil Mittal’s Airtel, Partners To Invest $1 Billion In Indian Data Center Projects

Chinese-American Professor Behind Huawei-Backed Power Chip Wafer Maker Becomes Billionaire

Billionaire Aloke Lohia’s Indorama Ventures, Blackstone-Backed EPL To Merge Indian Packaging Business In $2 Billion Deal

Memory Chip Boom Catapults Founder Of Korean Semiconductor Equipment Maker To Billionaire Ranks

Billionaire Kumar Birla, Blackstone To Buy Royal Challengers For $1.8 Billion Amid Bidding Frenzy For Indian Cricket Teams

AI Optics Boom Propels Founder Of Photonic Chip Maker Into The Billionaire Ranks

Indonesian Billionaire And Philanthropist Michael Hartono Dies In Singapore At Age 86

Malaysian Billionaire Syed Mokthar Albukhary-Backed $765 Million LNG Facility Approved

Permodalan Nasional Rejects Billionaire Jeffrey Cheah-Backed Sunway’s $2.8 Billion Takeover Bid For IJM

Billionaire Mukesh Ambani’s Reliance Inks $3 Billion Deal To Supply Green Ammonia To Korea’s Samsung C&T

Indian Billionaire Savitri Jindal’s JSW Steel To Develop Coking Coal Mine In Mozambique

Billionaire Enrique Razon Accelerates Energy Push With Colombia, Philippine Deals

Indian Billionaire Mukesh Ambani Backing U.S. Refinery Deal Shows Shifting Global Energy Dynamics

Australian Billionaire Mike Cannon-Brookes’ Atlassian Cuts 1,600 Jobs Amid AI Push

Billionaire Robin Khuda’s AirTrunk Taps $1.2 Billion Loan To Expand Tokyo Data Center

Billionaire Quek Leng Chan’s Guocoland Sells 90% Of Prime Singapore Residential Project During Weekend Launch

Thai Billionaire Dhanin Chearavanont’s CP Axtra To Buy Malaysian Grocery Chain For $420 Million

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