#bloomberg-billionaires-index
World’s Richest Man: Elon Musk Back on Top as Larry Ellison’s Oracle Surge Fades
Elon Musk has once again secured the top spot as the world’s richest person, overtaking Oracle co-founder Larry Ellison after a dramatic shift in billionaire rankings. The change followed Oracle’s historic stock rally on Wednesday, driven by strong quarterly earnings and soaring investor confidence in its artificial intelligence (AI) infrastructure services. At one point, Ellison briefly surged past Musk with the largest single-day gain ever record
World’s Richest Man: Elon Musk Back on Top as Larry Ellison’s Oracle Surge Fades
Elon Musk has once again secured the top spot as the world’s richest person, overtaking Oracle co-founder Larry Ellison after a dramatic shift in billionaire rankings. The change followed Oracle’s historic stock rally on Wednesday, driven by strong quarterly earnings and soaring investor confidence in its artificial intelligence (AI) infrastructure services. At one point, Ellison briefly surged past Musk with the largest single-day gain ever record
US Firm Jane Street Banned From Indian Securities Market Over Alleged Index Manipulation
Global trading giant Jane Street has been barred from participating in India's securities markets following an investigation by the Securities and Exchange Board of India (sebi). The interim order, issued by the market regulator, accuses the firm and its subsidiaries of manipulating index-based derivative trades in the Indian market to secure massive illegal profits. The ban, announced late last week, restricts Jane Street and four affiliated entities from buying, selling, or dealing in a
US Firm Jane Street Banned From Indian Securities Market Over Alleged Index Manipulation
Global trading giant Jane Street has been barred from participating in India's securities markets following an investigation by the Securities and Exchange Board of India (sebi). The interim order, issued by the market regulator, accuses the firm and its subsidiaries of manipulating index-based derivative trades in the Indian market to secure massive illegal profits. The ban, announced late last week, restricts Jane Street and four affiliated entities from buying, selling, or dealing in a
528 billionaires live in just 4 US states exposing stark economic imbalance
The economic disparity among US states has been sharply illustrated by new data showing that more than half of the nation’s billionaires reside in just four states, while three states do not have a single billionaire. Out of a total of 902 billionaires across the country, 528 live in California, New York, Florida, and Texas. This geographic clustering of immense wealth reveals growing inequality in wealth distribution across the United States. California tops the list with 1
528 billionaires live in just 4 US states exposing stark economic imbalance
The economic disparity among US states has been sharply illustrated by new data showing that more than half of the nation’s billionaires reside in just four states, while three states do not have a single billionaire. Out of a total of 902 billionaires across the country, 528 live in California, New York, Florida, and Texas. This geographic clustering of immense wealth reveals growing inequality in wealth distribution across the United States. California tops the list with 1
Warren Buffett Gains $12.7B Amid $5 Trillion Market Crash Triggered by Trump Tariffs
As global markets reeled under the pressure of a sudden trade war triggered by sweeping new tariffs from U.S. President Donald Trump, investor Warren Buffett not only emerged unscathed—but significantly richer. According to the Bloomberg Billionaires Index, Buffett was the only one among the world’s 10 richest individuals to post gains as others saw billions wiped from their fortunes. The tariff announcement, targeting 184 countries, sent global stocks plummeting, resulting in a $
Warren Buffett Gains $12.7B Amid $5 Trillion Market Crash Triggered by Trump Tariffs
As global markets reeled under the pressure of a sudden trade war triggered by sweeping new tariffs from U.S. President Donald Trump, investor Warren Buffett not only emerged unscathed—but significantly richer. According to the Bloomberg Billionaires Index, Buffett was the only one among the world’s 10 richest individuals to post gains as others saw billions wiped from their fortunes. The tariff announcement, targeting 184 countries, sent global stocks plummeting, resulting in a $
Stock Market Crash Wipes Out $10 Billion From India’s Top 4 Billionaires' Wealth
India’s wealthiest individuals faced a massive financial hit in Monday’s stock market crash, which saw billions of dollars wiped off global markets. Along with retail investors and institutional players, some of the country’s most prominent business leaders—Mukesh Ambani, Gautam Adani, Savitri Jindal & family, and Shiv Nadar—collectively lost over $10 billion in personal wealth. The losses were reported based on Forbes’ real-time billionaire tracker, which
Stock Market Crash Wipes Out $10 Billion From India’s Top 4 Billionaires' Wealth
India’s wealthiest individuals faced a massive financial hit in Monday’s stock market crash, which saw billions of dollars wiped off global markets. Along with retail investors and institutional players, some of the country’s most prominent business leaders—Mukesh Ambani, Gautam Adani, Savitri Jindal & family, and Shiv Nadar—collectively lost over $10 billion in personal wealth. The losses were reported based on Forbes’ real-time billionaire tracker, which
India Drops to 85th in Henley Passport Index 2025
The Henley Passport Index 2025 reveals that India’s passport has dropped five places, now ranking 85th globally. Indian passport holders can travel visa-free to 57 destinations, sharing the position with Equatorial Guinea and Niger. Singapore continues to top the rankings with visa-free access to 195 destinations. The top 10 list is largely dominated by European countries, with Japan, South Korea, and Finland making notable appearances. A significant change in this year’
India Drops to 85th in Henley Passport Index 2025
The Henley Passport Index 2025 reveals that India’s passport has dropped five places, now ranking 85th globally. Indian passport holders can travel visa-free to 57 destinations, sharing the position with Equatorial Guinea and Niger. Singapore continues to top the rankings with visa-free access to 195 destinations. The top 10 list is largely dominated by European countries, with Japan, South Korea, and Finland making notable appearances. A significant change in this year’
SEBI Introduces New Measures to Strengthen Equity Index Derivatives Market
The Securities and Exchange Board of India (SEBI) has unveiled a series of new measures aimed at strengthening the equity index derivatives market, focusing on investor protection and enhanced market stability. These initiatives follow recommendations from SEBI’s Expert Working Group on derivatives and the Secondary Market Advisory Committee. Key changes include the mandatory upfront collection of option premiums from buyers, a move designed to mitigate undue intraday leverage
SEBI Introduces New Measures to Strengthen Equity Index Derivatives Market
The Securities and Exchange Board of India (SEBI) has unveiled a series of new measures aimed at strengthening the equity index derivatives market, focusing on investor protection and enhanced market stability. These initiatives follow recommendations from SEBI’s Expert Working Group on derivatives and the Secondary Market Advisory Committee. Key changes include the mandatory upfront collection of option premiums from buyers, a move designed to mitigate undue intraday leverage
India Poised to Overtake China in MSCI Emerging Markets Index, Fueling Continued Stock Market Rally: Morgan Stanley Analysis
India is set to become a dominant force in the MSCI emerging markets index, potentially surpassing China in influence. As of August, India’s weightage in the index rose to 19.8%, narrowing the gap with China’s 24.2%. This increase, from 9.2% in December 2020, highlights India's growing appeal to foreign investors. Morgan Stanley's latest analysis notes that this shift could lead to more foreign capital inflows, enhancing India’s stock market performance further.
India Poised to Overtake China in MSCI Emerging Markets Index, Fueling Continued Stock Market Rally: Morgan Stanley Analysis
India is set to become a dominant force in the MSCI emerging markets index, potentially surpassing China in influence. As of August, India’s weightage in the index rose to 19.8%, narrowing the gap with China’s 24.2%. This increase, from 9.2% in December 2020, highlights India's growing appeal to foreign investors. Morgan Stanley's latest analysis notes that this shift could lead to more foreign capital inflows, enhancing India’s stock market performance further.
India's Billionaire Boom: The Impact of Modi Era Policies and Public Sector Decline
The Forbes World Billionaires annual list for 2024 has revealed that 25 new names from India have joined the ranks of the world's wealthiest, bringing the total number of Indian billionaires to 200. This surge in wealth is seen as a product of the Narendra Modi era, which has coincided with significant economic shifts, including the COVID-19 pandemic, reverse migration, and a crisis in agriculture. Despite these challenges, the nation has witnessed a remarkable rise in billionaires, promp
India's Billionaire Boom: The Impact of Modi Era Policies and Public Sector Decline
The Forbes World Billionaires annual list for 2024 has revealed that 25 new names from India have joined the ranks of the world's wealthiest, bringing the total number of Indian billionaires to 200. This surge in wealth is seen as a product of the Narendra Modi era, which has coincided with significant economic shifts, including the COVID-19 pandemic, reverse migration, and a crisis in agriculture. Despite these challenges, the nation has witnessed a remarkable rise in billionaires, promp









