Diana Li

Branding on a cup at a Goodme tea store, operated by Guming Holdings Ltd., in Chongqing, China, on Saturday, Feb. 8, 2025. Tea chain Guming’s shares are expected to begin trading in Hong Kong on Feb. 12. Photographer: Na Bian/Bloomberg via Getty Images

Hong Kong’s latest bubble tea IPO mints another billionaire

By Filipe Pacheco, Diana Li, and others

SHANGHAI, CHINA – JULY 26: Colin Huang Zheng, founder and CEO of Pinduoduo, speaks during the company’s listing ceremony at Shanghai Tower on July 26, 2018 in Shanghai, China. (Photo by VCG/VCG via Getty Images)

PPD founder loses $14 billion in stock selloff, ending 2-week reign as China’s richest person

By Venus Feng, Diana Li, and others

SHANGHAI, CHINA – JULY 26: Colin Huang Zheng, founder and CEO of Pinduoduo, speaks during the company’s listing ceremony at Shanghai Tower on July 26, 2018 in Shanghai, China. (Photo by VCG/VCG via Getty Images)

Colin Huang, the founder behind Pinduoduo and Temu, overtakes bottled water tycoon Zhong Shanshan as China’s richest person

By Venus Feng, Diana Li, and others

Jeff Bezos

Jeff Bezos loses $21 billion in net worth, a dive topped only by the wipeout after his divorce deal

By Diana Li and Bloomberg

Jensen Huang

Nvidia hits $3 trillion, making CEO Jensen Huang richer than Michael Dell

By Diana Li, Brody Ford, and others

Michael Dell speaks on stage

Michael Dell’s net worth sinks the most in a single day, falling by $11.7 billion after shares of his company suffer record selloff on weak revenue

By Diana Li and Bloomberg

Elon Musk

Personal Finance

The ultra-exclusive $100 billion club has swelled to an unprecedented 15 members

By Diana Li, Jack Witzig, and others

Ernie Garcia III, founder and chief executive officer of Carvana Co., second left, and his father Ernest Garcia II, chairman of Carvana Co., center, stand during the company’s initial public offering (IPO) on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Friday, April 28, 2017. U.S. stocks remained near record highs, Treasuries dropped and oil closed in on $50 a barrel even after the world’s biggest economy reported its slowest pace of expansion in three years. Photographer: Michael Nagle/Bloomberg via Getty Images

Carvana duo have made $11bn during 3,000% stock rebound since shares fell below $4 in 2022

By Diana Li, Jack Witzig, and others

People do some last minute Christmas shopping in downtown Chicago, the United States, on Dec. 24, 2022. A strong winter storm swept through Chicago. (Photo by Joel Lerner/Xinhua via Getty Images)

Don’t expect a holiday gift bonanza this year. More than half of consumers plan to spend less amid inflation and economic worries

By Diana Li and The Associated Press

Elon Musk, billionaire and chief executive officer of Tesla, at the Viva Tech fair in Paris, France, on Friday, June 16, 2023. Musk predicted his Neuralink Corp. would carry out its first brain implant later this year. Photographer: Nathan Laine/Bloomberg via Getty Images

Elon Musk just lost $20.3 billion as Tesla shares tumble 9.7%, putting another business titan closer to seizing the title of the world’s richest person

By Diana Li and Bloomberg

Joe Gebbia

The 41-year-old co-founder of Airbnb has gotten nearly $3 billion richer this year—and sold over $1 billion of stock on the back of the roaring bull market

By Diana Li, Biz Carson, and others

Florida Gov. Ron DeSantis during a press conference at Christopher Columbus High School on Monday, March 27, 2023, in Miami. The Republican almost won the Democratic stronghold in 2022, and he's picked Miami for his first donor event after announcing his 2024 presidential run. (Matias J. Ocner/Miami Herald/Tribune News Service via Getty Images)

Twitter promises to ‘keep experimenting’ with Spaces—even after Ron DeSantis’ glitchy campaign kick off

By Diana Li and Bloomberg

TikTok creators in Montana are aghast at the state banning the app and are quitting in protest: ‘I think our governor is being a little goofy’

By Diana Li and Bloomberg

14 February 2020, Bavaria, Munich: Mohamed Aly El-Erian, former CEO of the Pacific Investment Management Company, speaks on the first day of the 56th Munich Security Conference. Photo: Felix Hörhager/dpa (Photo by Felix Hörhager/picture alliance via Getty Images)

Top economist Mohamed El-Erian says banks need tighter lending standards and a ‘circuit breaker’ to avoid more chaos

By Diana Li, Jonathan Ferro, and others