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billionaire

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Japanese billionaire Yusaku Maezawa arrives at space station for $70 million, 12-day space vacation

Japanese fashion mogul Yusaku Maezawa arrives at the ISS

Japanese billionaire Yusaku Maezawa has arrived at the International Space Station (ISS), where he will spend 12 days in orbit.

Space tourist: The thrill-seeking entrepreneur reached the ISS along with Russian cosmonaut Alexander Misurkin and Japanese film producer Yozo Hirano aboard a Russian Soyuz rocket at 8:40 a.m. EST on Wednesday, reported The New York Times

Taiwanese billionaire says he opposes island’s independence after China fines his company $74 million

Taiwanese billionaire opposes island’s independence after China fines his company $74 million

A Taiwanese business mogul has voiced opposition to Taiwan’s independence from China after Beijing fined his company as an alleged warning for firms to take its side on the issue of sovereignty.

What he said: In an opinion piece for the local United Daily News, Douglas Hsu, who chairs the Taipei-based Far Eastern Group, said he favors “maintaining the status quo,” like most Taiwanese. He expressed support for the “One-China” principle and opposed the idea of Taiwanese independence.

Evergrande founder sparks backlash after asking employees to ‘work hard’ through ‘adversity’

Evergrande founder sparks backlash online

China Evergrande Group’s former chairman Xu Jiayin has earned the ire of Chinese social media users after a letter he allegedly sent to employees leaked online on Tuesday. 

Fanning the flames: Evergrande founder Xu Jiayin, whose current net worth slightly dropped to $10.7 billion, angered people online after a letter he penned was shared on Weibo, reported Business Insider

Chinese billionaire lost $27 billion amid Beijing’s crackdown on tech giants

billionaire loses $27 billion

The Chinese government’s ongoing crackdown on private companies has reportedly resulted in a Chinese billionaire losing over $27 billion this year.

Thanos snapped: Colin Huang, founder of the Chinese e-commerce platform Pinduoduo Inc. (PDD), lost nearly half his wealth as Beijing continues to impose stricter restrictions on tech giants and U.S.-listed Chinese companies, according to Bloomberg.  

New richest man in Singapore is worth $20.3 billion

Sea's Limited CEO Forrest Li

Forrest Li, the co-founder of Sea Limited, a tech conglomerate that oversees digital services and brands such as Shopee, Garena and SeaMoney, has become Singapore’s richest man, as per the Bloomberg Billionaires Index.

How it happened: Li became the city-state’s richest man after his company saw a 67% increase in shares this year, according to Bloomberg. He now has a net worth of $20.3 billion.

Ex-Google Engineer Becomes China’s Third-Wealthiest Billionaire

Colin (Zheng) Huang, surged into the spot of China’s second-wealthiest person on Sunday before settling for third-wealthiest on Tuesday.

Rise to riches: Earning a degree from the elite Zhejiang University based in Hangzhou with an acceptance rate of less than 0.5%, Huang later earned his master’s degree in computer science from the University of Wisconsin-Madison. The 40-year-old entrepreneur built his empire after working as an intern at Microsoft in Beijing and Seattle and then moved on to be an engineer for Google in 2004. According to his 2016 Medium blog post, he worked there for three years as a “software engineer and then product manager,” after his mentor suggested that he stay for at least that minimum.

Over 20,000 Women Apply to be Japanese Billionaire’s Girlfriend and Go to the Moon

Yusaku Maezawa

Thousands of women are now reportedly lining up to become the girlfriend of Japanese billionaire Yusaku Maezawa.

The 44-year-old fashion mogul recently made headlines after announcing his search for a girlfriend who he can take with him to the moon. Maezawa, who sold his online fashion business Zozo Inc. to SoftBank Group Corp. last year, is set to become the first private passenger on Elon Musk’s SpaceX, reports Reuters.

Billionaire Uniqlo Founder Wants a Woman to Take His Job

Japanese fashion retail giant Uniqlo will likely have a female leader in the future, setting an example of a corporate shift from traditional gender roles that have typically left women under the glass ceiling.

Tadashi Yanai, founder and chief executive officer of Fast Retailing Co., which wholly owns Uniqlo, has expressed his preference for a female successor on Tuesday saying that the job is simply more suitable for a woman.

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