Billion Archives - Page 8 Of 14

Meet Aliko Dangote: The $30 billion African mogul redefining wealth, industry, and Africa’s global power rise | World News

Africa’s richest businessman, Aliko Dangote, has made history by becoming the first African to reach a $30 billion net worth, according to the Bloomberg Billionaires Index. As of 23 October 2025, his fortune surpassed this remarkable milestone, driven by the rapid expansion of his industrial empire across cement, oil refining, fertiliser, and manufacturing sectors. Dangote’s […]

Kenya’s sacred Mrima Hill turns into a real-world ‘Avatar’: The hidden $62 billion mineral war drawing in the US and China | World News

Mrima Hill in Kenya’s coastal region has emerged as a focal point of global interest and growing local tension. Vast deposits of rare earth minerals lie beneath its lush forest vital for producing smartphones, electric vehicles and renewable energy systems. Major global powers like the United States, China and Australia have been attracted towards the […]

Who are John and Laura Arnold? Billionaire couple donates nearly half of their $2.9 billion fortune to philanthropy | World News

Image: The chronicle of philanthropy John and Laura Arnold are the rare billionaires who have not only pledged to give away their wealth but are already doing it. According to Fortune and Forbes, the couple has donated over $2 billion to date, nearly 42% of their estimated $2.9 billion net worth. Their giving approach is […]

UAE signs $1.8 billion deal with US firm to boost global critical minerals supply | World News

The UAE signs a $1.8B deal with the US and Orion to secure minerals that power batteries, EVs, and everyday tech / Image Credit: File On October 23, 2025, the UAE and U.S. governments, in partnership with Orion Resource Partners, announced a $1.8 billion investment to strengthen global access to critical minerals such as lithium, […]

Warner Bros rejects Paramount’s $60 billion buy offer; looking at alternatives: Report

Entertainment giant Warner Bros Discovery’s board has reportedly turned down a nearly $60 billion takeover offer from Paramount Skydance, a source told Reuters on Tuesday (local time). The company also announced that it will now look at other options for a possible sale.The board had rejected a mostly cash offer of around $24 per share […]

Saudi Arabia’s $7 billion “Land Bridge” rail project to link Jeddah and Riyadh in under 4 hours | World News

Saudi Arabia’s $7 billion Landbridge high-speed rail to link Jeddah, Riyadh, and Dammam—cutting travel time to under four hours / Image Credit: file Saudi Arabia is building more than just tracks; it’s building a future that moves at high speed. The Kingdom is developing a massive $7 billion high-speed rail project, affectionately called the “Land […]

Riyadh to Jeddah in 4 hours: Saudi Arabia Railways reaches critical stage in $7 billion Landbridge project” | World News

Saudi Arabia Railways major expansion projects including the Riyadh-Jeddah Landbridge Project, and ‘Dream of the Desert’ luxury train. Image: AI Representative Image. Saudi Arabia is driving ahead with an aggressive expansion of its railway network, aiming to boost economic growth, enhance logistics, and position itself as a regional transport hub under Vision 2030. The kingdom […]

US has given at least $21.7 billion in military aid to Israel since war in Gaza began, report says

Israel’s Prime Minister Benjamin Netanyahu shakes hands with President Donald Trump (Image credits: AP) WASHINGTON: The United States under the Biden and Trump administrations has provided at least $21.7 billion in military assistance to Israel since the start of the Gaza war two years ago, according to a new academic study published Tuesday, the second […]

Shutdown enters Day 4 in US: How much is it costing taxpayers per day? Total bill hits $1.2 billion

The ongoing US government shutdown is costing taxpayers an estimated $400 million per day in wages for federal employees who are not currently working, according to data from the Congressional Budget Office (CBO) released by the office of Sen. Joni Ernst (R-Iowa). As of Friday, the total cost has reached approximately $1.2 billion.“Schumer’s Shutdown Shenanigans […]

India’s Forex Reserves Fall by $2.33 Billion to $700.24 Billion | Udaipur Kiran

New Delhi, October 3 (Udaipur Kiran News): India’s foreign exchange reserves declined for the second consecutive week, falling by $2.33 billion to $700.24 billion during the week ended September 26, according to data released by the Reserve Bank of India (RBI) on Friday. In the previous week, the reserves had dropped by $396 million, bringing […]