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Millionaires and billionaires

Millionaires and billionaires
What's it really like to be a wealthy millionaire or billionaire? Keep up to date with the crazy, rich lives of the world's richest people.
Former US president Bill Clinton testifies to a congressional panel about his ties to Jeffrey Epstein. Photo: House Oversight Committee via Reuters
United States

Bill Clinton says had no knowledge of Epstein sex crimes as videos released

US House releases videos of Clinton depositions in the Jeffrey Epstein probe, featuring hours-long sworn testimony.

Hong Kong

Hong Kong’s new cash-for-residency scheme draws US$12 billion in first 2 years

United States

Bill Clinton grilled over Epstein ties by US lawmakers

Hong Kong property

Hong Kong’s ‘king of shops’ sells home on The Peak for US$41.3 million

Veteran retail property investor says there is no point in holding on to the flat amid low rental yield and sluggish leasing market.

General view of Mount Nicholson on The Peak. Photo: Martin Chan
India

Indian tycoon Anil Ambani’s US$410 million building seized in fraud probe

India’s anti-fraud agency said that the Reliance Communications owner had defaulted on over US$4.4 billion worth of bank loans.

Paramount

Paramount poised to acquire Warner Bros after Netflix drops bid

A Paramount merger with Warner Bros would unite two major Hollywood studios, two streaming platforms and two news operations.

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Hong Kong property

Hong Kong’s higher stamp duty will not stop luxury homebuyers from China

Mainland buyers accounted for about 80 per cent of the HK$100 million-plus deals in the city so far this year, according to Centaline.

A total of 48 HK$100 million-plus property deals worth HK$10.4 billion have been completed so far this year. Photo: Roy Issa
United States

Hillary Clinton grilled on Epstein, demands Trump testify

Former secretary of state denies Epstein ties in an hours-long deposition, as her husband Bill Clinton is set to face questioning.

Icons and Influencers

How Amanda Cheung is mixing charity, cocktails and Hong Kong heritage

The community-minded creative on championing Hong Kong culture through F&B and family legacy – particularly her charity work with the First Initiative Foundation (FIF).

Crime

UK protection officers instructed to guard 2010 Epstein party: reports

Emails from the recently unsealed ‘Epstein files’ suggest UK officers were utilised at the sex offender’s New York residence.

A Manhattan residence once owned by Jeffrey Epstein. Photo: AFP
Hong Kong property

Exclusive | Mongolian mining family buys Stanley home as luxury sales set new record

Tselmuun Nyamtaishir, president and CEO of Mongolyn Alt, said the home is intended as a retirement residence for family use.

An entity linked to Mongolian magnate Tselmuun Nyamtaishir has signed a provisional agreement to acquire House 5 in One Stanley at 128 Wong Ma Kok Road. Photo: Elson Li
United States

Ex-Victoria’s Secret CEO Les Wexner says he was ‘conned’ by Epstein

The billionaire denied knowledge of Epstein’s crimes as US lawmakers pressed him on his decades-long relationship with the late sex offender.

Icons and Influencers

Meet Google co-founder Sergey Brin’s Maga girlfriend, Gerelyn Gilbert-Soto

‘GG’ lives with Brin at his Lake Tahoe mansion and attends functions at the White House – Donald Trump just called her a ‘wonderful Maga girlfriend’.

United States

Unique Pokemon card smashes world record with US$16.5 million sale

Previously bought by US YouTuber Logan Paul for US$5.28 million in 2021, the card sold for three times that amount at an auction on Monday.

The Pokemon card that fetched a record US$16.5 million at an auction in the US on Monday. Photo: Kyodo
Jeffrey Epstein

Epstein donated to Harvard student group for years after sex conviction

From 2013 until his death, the sex offender donated at least US$375,000 to the Hasty Pudding Institute, Department of Justice files show.

An undated photo of Jeffrey Epstein. Photo: US Department of Justice via AFP
United States

Top Goldman Sachs lawyer resigns after Epstein disclosures

Kathy Ruemmler is the most high-profile banking exit after the release of the latest Jeffrey Epstein documents.

Hong Kong property

Li Ka-shing tops Hong Kong’s billionaire list with US$45.1 billion: Forbes

The collective net worth of tycoons on Hong Kong’s 50 Richest list rose 22 per cent to US$366 billion.

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United States

Trump’s commerce chief admits going to Epstein island, but plays down relationship

Howard Lutnick acknowledges a 2012 visit to the sex offender’s island that contradicts his previous claims of cutting ties in 2005.

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US Commerce Secretary Howard Lutnick on Tuesday. Photo: Reuters
Britain

‘Strong and united’: UK’s Starmer defiant as Epstein fallout dogs leadership

Senior ministers shore up Keir Starmer’s position as indirect fallout from the Jeffrey Epstein scandal threatens the British prime minister.

Family offices

Hong Kong adds 681 family offices as wealthy shift focus from US: Deloitte

The auditing firm’s survey shows a 25 per cent increase in the city’s single-family offices over two years, with the affluent wary of US volatility.

Ghislaine Maxwell

Maxwell seeks clemency from Trump before publicly giving ‘unfiltered truth’

Ghislaine Maxwell’s lawyer links agreeing to any public testimony to a deal from the White House.

Ghislaine Maxwell in a video deposition on Monday. Photo: GOP Oversight via Reuters
Britain

UK’s Mandelson faces demands to repay US$75,000 severance after Epstein link

Government allies urge ex-ambassador to return controversial UK taxpayer-funded buyout as probe into his Epstein connections deepens.

Peter Mandelson speaks during a ceremonty in the National Gallery in London in June 2025. Photo: AP
India

Epstein’s India link: tycoon Anil Ambani, books and a ‘tall Swedish blonde’

The two men talked about business and Hollywood actresses from 2017 to 2019, according to documents released by the US Justice Department.

videocam
Britain

Epstein haunts Number 10, creating crisis for UK’s Starmer

Prime minister’s job is under threat over his 2024 decision to appoint Peter Mandelson as US ambassador, despite his ties to Jeffrey Epstein.

Britain

Starmer apologises for Mandelson’s Epstein ties amid growing scandal

PM Starmer says he was ‘lied to’ regarding Peter Mandelson’s ties to Jeffrey Epstein, firing the ambassador as a misconduct probe begins.

Keir Starmer on Wednesday told parliament he regretted appointing Peter Mandelson as US ambassador amid controversy over Mandelson’s Epstein ties. Photo: PRU/AFP
Indonesia

Loose or lose: Indonesian billionaires told to sell shares to save market

Index compiler MCSI says Indonesia must address ‘fundamental investability issues’ or risk being downgraded from emerging to frontier market.

videocam
Students walk past an electronic board showing stock market index at the Indonesia Stock Exchange in Jakarta on Monday. Photo: Reuters
Jeffrey Epstein

Sloppy redactions in Epstein files leave uncensored nudes in, dog’s name out

Mistakes appear to be rampant after the US Justice Department’s latest Epstein files dump.

United States

Washington Post cutting hundreds of jobs, as US media faces Trump pressure

The newspaper, now owned by billionaire Jeff Bezos, once helped bring down US President Richard Nixon in the Watergate scandal.

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