Billionaires/Millionaires

While You Were Sleeping: 5 stories you might have missed, May 19, 2026

Emergency workers respond at the scene of a reported active shooter situation at the Islamic Center in San Diego, California, on May 18.

OpenAI defeats Elon Musk’s lawsuit, removes obstacle to IPO

The verdict followed nearly two weeks of trial where Mr Elon Musk's (right) and OpenAI chief executive Sam Altman's credibility came under repeated attack.

India’s Adani to pay $352m settlement to US over alleged Iran sanctions violations

The announcement came days after the billionaire industrialist agreed to pay a separate US$18 million settlement in a US civil court case linked to corruption.

Cerebras CEO’s stake worth US$3.2 billion after AI chipmaker soars on listing

Shares of Cerebras Systems, a company Andrew Feldman co-founded in 2015, soared about 68 per cent in Nasdaq trading in New York.

Billionaire Gautam Adani to settle with SEC, nears end of US legal woes

The US Justice Department is also moving to drop fraud charges against Gautam Adani in a parallel criminal case.

Elaine and Eduardo Saverin Foundation pledges $6m to support mental health training, youth work

The Elaine and Eduardo Saverin Foundation will support a recently established master’s programme in clinical mental health by NUS and youth non-profit organisation Impart with $3 million each over the next three years.

Elon Musk’s Tesla compensation totals $200 billion for 2025

Tesla investors have signed off on a US$1 trillion stock award for chief executive Elon Musk.

‘I literally was a fool’: Elon Musk accuses Sam Altman’s lawyer of trying to trick him

Elon Musk speaking with US District Judge Yvonne Gonzalez Rogers during his cross examination by OpenAI attorney William Savitt as OpenAI CEO Sam Altman watches during the trial at a federal courthouse in Oakland, California.

Anxiety, resentment around AI spur violence against tech’s figureheads

Billionaire OpenAI CEO Sam Altman's home was hit by a Molotov cocktail on April 10.

Samsung dynasty’s wealth more than doubles to $58 billion in just one year

Led by Jay Y. Lee , the Lees are now Asia’s third-richest family, up from 10th in 2025.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.