Tom Metcalf
Stories by Tom Metcalf
Neumann ousted from billionaire ranks as SoftBank scraps deal to pick WeWork stock
Because the deal collapsed, Neumann won’t be able to sell $970 million of stock in the co-working company.
Masayoshi Son has now pledged 40% of his stake in SoftBank to lenders
Son has now committed 227 million SoftBank shares as collateral, worth about $8 billion, according to regulatory filings.
SoftBank’s Masayoshi Son is betting on himself after go-private talks
SoftBank shares have tumbled 27 per cent since February 12, even after soaring this week on Son’s plan Monday to unload $41 billion of assets.
Rakuten’s Mikitani to be among the biggest winners in Lyft’s IPO
Mikitani's stake would be worth about $2 billion if Lyft goes public with a valuation in the middle of its anticipated range of $20 billion to $25 bil
Sea founder Forrest Li is the latest to enter the billionaire club
The 41-year-old entrepreneur owns 13.8% of Singapore-based Sea, a stake now worth roughly $1 billion.
Jeff Bezos becomes richest man in modern history as net worth tops $150b
His net worth has soared by $52 billion this year, which is more than the entire fortune of Alibaba chairman Jack Ma, Asia’s wealthiest person.
Tiger Global said to reap $3b windfall from Flipkart investment
For Tiger Global, the return on investment, in dollar terms, is one of the largest for the firm’s $11 billion venture capital unit. After the transa
Walmart deal makes billionaires of Flipkart founders, hits Waltons’ fortune
The deal should give Flipkart's Sachin and Binny Bansal a fortune of about $1 billion, although that status may be short-lived as the pair may have to
Australia’s Atlassian makes billionaires of co-founders on the back of strong growth
The fortunes of co-Chief Executive Officers Michael Cannon-Brookes and Scott Farquhar have risen $1.1 billion in 2018 to $4.1 billion apiece.
Sahara group hires JLL to find buyer for Plaza Hotel in NY
Sahara is renewing efforts to find a buyer for the property on Central Park following the recent sale of a minority stake in the building.
