Forbes Billionaire Index 2024 highlights a drastic decline in Byju Raveendran s net worth, plummeting from ₹17,545 crore ($2.1 billion) to zero. This sharp downfall follows crises within his startup, Byju s, once valued at $22 billion. The company s financial woes, including a staggering net loss exceeding $1 billion, led to a significant devaluation, with BlackRock marking its worth at just $1 billion. Shareholders recently voted to remove Raveendran as CEO amidst ongoing challenges.
These 189 People Fell Off Forbes Billionaires List In 2024 forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
Forbes 38th Annual World s Billionaires List: Facts And Figures 2024 forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
Sebastián Piñera, the businessman twice president who moderated the Chilean center-right, dies. The former president was spending his summer vacation at his lake house. The helicopter that plunged into the waters was his, and he used to pilot it himself. The shocking news came in days when Ricardo Lagos, president between 2000 and 2006, announced his retirement from public life at the age of 85, and in the midst of the devastating fires. Various governments in the region, including neighboring Argentina, presented their condolences.