Wu Yiling, the founder of traditional Chinese medicine producer Shijiazhuang Yiling Pharmaceutical, saw his wealth plunge by $1.1 billion in just one day amid questions over the efficacy of his purported Covid-treatment drugs.
Category: /worlds-billionaires
Singapore Billionaire Peter Lim Eyes Investment In Spanish Fertility Firm IVI-RMA Amid Buyout Bids
Billionaire Peter Lim—the controlling shareholder of Singapore’s Thomson Medical Group—is said to be keen to invest in Spanish fertility firm IVI-RMA amid booming demand for reproductive medicine across the Asia Pacific region.
Billionaire Jared Isaacman Plans To Go Back To Space This Year
Last September, billionaire Jared Isaacman made space history with his Inspiration4 flight.
Peloton Shares Fall After New CEO Says Company Won’t Be Sold In The ‘Foreseeable Future’
Peloton’s new CEO, Barry McCarthy, pledged to double down on content and downplayed the possibility of a sale.
Apple, Amazon Or Nike? Peloton Stock Surges But Here’s What Experts Say About A Takeover
Wall Street loves to “ruminate” about potential M&A tech deals, and Peloton’s potential takeover is the latest focus of investor chatter.
Meet The First Covid Testing Billionaire
Swabs for Covid testing made Copan CEO Stefania Triva a billionaire. But, despite countless buyout offers, she’s snubbing the dealmakers and keeping the company firmly in the family.
Pharmaron Beijing Says Profit Rose Amid U.S., UK Expansion
Chinese-American billionaire Lou Boliang guides the way
The Billionaire Chairman Of Vaccine Maker Moderna Wants To Reinvent Scientific Entrepreneurship
Noubar Afeyan launched 70 companies by pushing researchers to ask what if their craziest ideas were true. With $17 billion and a model of “parallel entrepreneurship,” he can fund a lot of wild notions.
Tesla’s India Fans Are Eager To Buy Elon Musk’s Cars, But Politics Is Getting In The Way
The company is at a standoff with the Modi government, which wants Musk to commit to building electric vehicles locally before waiving steep tariffs.
China Adds New Billionaire Couple From Medical Industry
China is home to the world’s largest number of billionaires after the United States
