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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.

Nintendo ‘Laughed Their Asses Off’ at Microsoft’s Offer to Buy Them 20 Years Ago


Microsoft once tried to buy Nintendo and it didn’t go quite as planned, a recent Bloomberg feature on the creation of the original Xbox revealed.  

Not taken seriously: Microsoft’s former third-party relations director, Kevin Bachus, shared that the Japanese video game giant reportedly “just laughed their asses off” when Microsoft made the offer 20 years ago.

BLACKPINK is Now the Biggest Music Act in the World, Bloomberg Says

K-Pop group BLACKPINK has been named the world’s biggest music act after topping Bloomberg’s Pop Star Power Rankings.

Bloomberg trailed four-week album sales, digital song streams, YouTube views, and 30-day total interactions on Instagram to rank 25 of the biggest musical acts in the world. Live show ticket sales remained a category despite being uncounted for all artists given the unique circumstances the COVID-19 pandemic has had on the live show industry in 2020. BLACKPINK ranked #9 in album sales, #2 in streams on Spotify, and #1 in YouTube views to take the top spot of #1 in the world. BLACKPINK, managed by YG Entertainment, debuted in August 2016 with members Rosé, Lisa, Jisoo, and Jennie. The group’s fanbase is known as “Blink”.


Bloomberg Tried to Blame Southeast Asia for World’s Trash Problems, Immediately Regrets It


Western media outlet Bloomberg recently released a list which blamed several southeast Asian countries for polluting the ocean with trash, but netizens from the region did not take the accusations lightly. 

On July 13, Bloomberg’s official Twitter page listed down eight countries who are “responsible for 63.6% of ocean trash,” which includes China, Indonesia, Vietnam, Sri Lanka, Thailand, Egypt, Malaysia, and the Philippines.