Net Worth Financial News

The CEO and co-founder of Binance Changpeng Zhao has taken personal hits from the market with his net worth falling due to low trading volumes.

10 Richest Indians Have A Combined Net Worth Of $3...

The Fundstrat Global Advisors managing director discusses his take on the markets, the economy and the Federal Reserve's management of rate hikes.

Net worth surged for the typical family during the pandemic era, largely on the back on higher home and stock prices and government stimulus measures, the Federal Reserve reported Wednesday in its triennial Survey of Consumer Finances.

YouTuber, boxer, internet personality, and actor, has undoubtedly made a name for himself in the world of digital entertainment. With his online presence spanning YouTube, professional boxing, and various business ventures, Logan Paul has built an impressive net worth.

Infosys dividend 2023: While declaring the Q2 results for the financial year 2023-24, Indian IT major Infosys Ltd declared interim dividend of ₹18 per share for its eligible shareholders. Infosys also declared that 25th October 2023 will be Infosys dividend record date.

Dumb Money, the new movie about the YouTuber who drove the GameStop short squeeze in January 2021, is set for its wide-release debut next weekend. Craig Gillespie's movie stars actor and comedian Pete Davidson, alongside Paul Dano, Shailene Woodley, America Ferrera, and Seth Rogan.

Football is back, and it's the first season in decades without star NFL quarterback Tom Brady, who retired earlier this year after 23 years on the field. While there was speculation that Brady might fill in for Aaron Rodgers after he tore his Achilles tendon during his first game with the New York Jets, Brady quickly put those rumors to rest.

MUMBAI : HDFC Bank Ltd expects a worsening of net interest margin (NIM), net worth and asset quality in the short term following its merger with parent Housing Development Finance Corp. (HDFC), analysts who attended a meeting with a top bank executive said. NIM may narrow 25 basis points (bps) due to the combined effect of incremental cash reserve ratio (CRR) and excess liquidity, analysts cited chief financial officer Srinivasan Vaidyanathan as saying at the meeting.

₹6.96 trillion, up by around 24% on a year-on-year basis. Debt AIFs function like a fund, where an investor entrusts its savings to a portfolio manager, and the portfolio manager pools savings from various investors and uses that pooled corpus in lending investments on behalf of investors. So, investors in private credit funds get exposure to multiple fixed income investments for the same amount of investment and active portfolio management of those investments.

Indian stock market, around 84% of affluent investors in India witnessed a surge in their net worth in last three years, found the Global Wealth Blueprint survey released on Monday.

In the heart of Rajasthan’s regal city of Udaipur, where history whispers through every palace and alley, Padmaja Kumari Parmar is making her own mark. As the daughter of the House of Mewar, one of the world’s oldest reigning dynasties, her life story is as enchanting as the palaces that dot the cityscape. Beyond her royal lineage, Padmaja is a woman of substance, dedicating her life to philanthropy, hospitality, and health causes that span continents.

Actor and investor Ashton Kutcher’s venture capital firm, Sound Ventures LLC, is among the investors for open source AI company, Hugging Face.

Reliance Industries Ltd, has been capitalised with a net worth of Rs 1.2 lakh crore to create one of the world's highest capitalised financial services platforms at inception, chairman Mukesh Ambani said on Monday. Speaking at company's annual general meeting, he said JFS will consolidate its payments infrastructure with a ubiquitous offering for both consumers and merchants, further driving digital payment adoption for India. «JFS products will not just compete with current industry benchmarks but also explore path-breaking features such as blockchain-based platforms and CBDC,» he said. «JFS will enter the insurance segment to offer simple, yet smart, life, general, and health insurance products.» Just like Jio and Retail, JFS too will prove to be an invaluable addition to the Reliance ecosystem of customer-facing businesses, he said. «This is a highly capital-intensive business,» he said.

A question that has been making rounds on social media and among avid Bollywood followers for quite some time now is: Who is Orry and what does he do? Well, we might help you with an answer here!

Mitch McConnell, a prominent figure in U.S. politics, holds a position of significant influence within both his party and the government. As the longest-serving Republican Senator in history, his tenure has been marked by continuous support from voters in his state, evidenced by his victory in seven Senate elections, most recently in 2020. Since January 3, 2007, McConnell has held the role of either minority or majority leader for the Republican caucus.

Kim Kardashian’s shapewear brand, Skims, is now worth $4 billion, according to The New York Times.Skims raised $270 million in a funding round led by asset management company Wellington Management. That’s up from 2022, when Skims was valued at $3.2 billion by investors. 

Raamdeo Agrawal, Chairman, Motilal Oswal Financial Services Ltd (MOFSL), in conversation with Nikunj Dalmia of ET Now. Agrawal says “if the market remains flat, obviously my return will be coming only from the operation side. But aaisa hua nahi kabhi (that has never happened).

₹1,014.79 crore, compared to ₹1,913.35 crore in the corresponding period of last quarter. While compared to Q1FY23, the loss is even bigger.

Elon Musk recently announced his latest startup, xAI, will be focused on artificial intelligence. According to the company’s website, the goal of xAI is to “understand the true nature of the universe.” The xAI team will be led by Musk and others who have previously worked with OpenAI, DeepMind, Google Research, Microsoft Research, and Tesla. 

₹10 crore in the fiscal year 2016-2017 and subsequent similar estimates in the following years, multiple media reports suggest. Last year, Deepika Padukone was the sole female actor to feature on the list of highest tax-paying individuals. Deepika Padukone's substantial net worth and impressive income highlight her status as the leading taxpaying female actor in the industry, demonstrating her contribution to the nation's revenue.