Fortune

There are more than 22 million millionaires in the world. Their total wealth is worth...

Rising wealth and inequality in the world have fuelled debates on making the rich pay their fair share of taxes. Brazil and France have pressed fellow G20 countries to set a global minimum tax on the world's wealthiest people.

Zara billionaire founder’s real rstate Fortune hits $20 billion

The property portfolio owned by the Inditex SA founder was valued at €18.1 billion ($20.1 billion) in 2022, up from €15.3 billion in 2021, according to a statement Thursday from Pontegadea, the firm that manages Ortega’s fortune. Ortega’s real estate portfolio is the largest among Europe’s “super-wealthy” individuals.

Adani Wilmar files police complaint against sale of counterfeit Fortune brand products

In a statement, the company said it has lodged an FIR through their agency, against the B2B platform for alleged distribution of counterfeit products on the platform.

Lucky Norway family wins national lottery three times

Good fortune and having children just seem to go together for Norwegian mother Hege Jeanette Oksnes.

Smoking Gun: Fat cigarette margin, other income lift ITC Q4

Cigarettes to FMCG and hotels major ITC's fourth quarter net profit rose a better-than-expected 26% year-on-year to Rs 1,614 crore. While overall the company continues to be driven by cigarettes, quarterly earnings were also boosted by higher other income and lower losses in its non-cigarette FMCG business.

Rise of China state-owned firms rattles US companies

When the leaders of the world's two biggest economies meet in Hawaii three months from now, US President Barack Obama will still be able to brag to Chinese President Hu Jintao that the United States has more big companies than any other nation on the planet.

35% of rev comes from Middle East: Acropetal Technologies

Bangalore-based IT service provider Acropetal Technologies' Rs 170 crore initial public offering (IPO) opened for subscription on Monday.