Latest news with #RichList2025
Business Upturn
08-07-2025
- Business
- Business Upturn
Goldman Sachs appoints former UK prime minister Rishi Sunak as senior adviser
By Aditya Bhagchandani Published on July 8, 2025, 19:12 IST Goldman Sachs has appointed Rishi Sunak, the former prime minister of the United Kingdom, as a senior adviser, marking his first major corporate role since leaving office in 2024. Sunak returns to Goldman Sachs two decades after starting his career at the Wall Street bank as a summer intern in 2000 and then serving as a junior analyst from 2001 to 2004. In his new role, Sunak will work closely with Goldman's leadership team, advising clients on global macroeconomic trends and the evolving geopolitical landscape. 'I am excited to welcome Rishi back to Goldman Sachs in his new capacity as a senior adviser,' said David Solomon, chief executive of Goldman Sachs, in a statement. 'He will spend time with our people around the world, contributing to our culture of ongoing learning and development.' Sunak led the Conservative Party and served as prime minister from October 2022 until July 2024, when the party suffered a landslide electoral defeat. He was succeeded as party leader by Kemi Badenoch in November 2024 but remains a member of Parliament for Richmond and Northallerton. Since stepping back from frontline politics, Sunak has taken up academic roles at his alma maters, Oxford University and Stanford University, and now adds the senior adviser role at Goldman to his portfolio. Before entering politics in 2015, Sunak worked at TCI, a hedge fund run by Chris Hohn, where he became a partner in 2006 and later helped spin off Theleme Partners in 2009. According to The Sunday Times Rich List 2025 , Sunak and his wife, Akshata Murty, have a combined estimated net worth of £640 million, much of it from Murty's stake in Infosys, the Indian IT giant co-founded by her father. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Forbes
02-07-2025
- Business
- Forbes
Thailand's 50 Richest 2025: Collective Wealth Led By The Red Bull Family Jumps 11% To Cross $170 Billion
No. 1 Charlerm Yoovidhya. clive rose/Getty images This story is part of Forbes' coverage of Thailand's Richest 2025. See the full list here . Thailand's economy is growing at a slower-than-expected pace amid trade tensions and mounting political uncertainty. While a stronger baht mostly offset the 14% decline of the stock market index from a year ago, a huge boost in the fortunes of the top three propelled a more than 11% rise in combined wealth to $170.5 billion. Overall, the net worths of nearly half the listees were up with the biggest dollar jump—$8.5 billion—recorded by the Red Bull family, led by Chalerm Yoovidhya. In the No. 1 position for the second year in a row, their wealth skyrocketed to a record $44.5 billion as annual revenue of the energy drinks giant rose to €11.2 billion ($12.9 billion) in 2024 on worldwide sales of nearly 13 billion cans. The Chearavanont brothers of the Charoen Pokphand group retained their position as the country's second-richest with their net worth up by 23% to $35.7 billion. The group is doubling down on digital infrastructure, investing $1 billion with BlackRock to build data centers. Its fintech unit Ascend Money recently got approval to set up a virtual bank. Energy-and-telecoms tycoon Sarath Ratanavadi climbed two spots to land at No. 3 for the first time with $12 billion. Completing the merger between his Gulf Energy Development and Intouch Holdings and listing the combined entity in April as Gulf Development powered his ascent. Beverage tycoon Charoen Sirivadhanabhakdi's net worth was relatively flat at $10.5 billion and he slipped to fourth place. In a key move, the patriarch transferred some holdings to his five children in May but being the group founder, the fortune continues to be listed under his name. Amid weak consumer sentiment in the retail sector, the Chirathivat family's wealth was down 13% to $8.6 billion. Last October, the group got a new partner: Saudi Arabia's Public Investment Fund acquired a 40% stake in British retailer Selfridges from Austria's Signa Holdings. (Central group retains 60%.) A total of 19 listees faced a downdraft. Coffee magnate Prayudh Mahagitsiri's wealth took a hit as his PM Group's long-standing joint venture with Nestle ended. Two patriarchs died since the last ranking: Vanich Chaiyawan, chairman emeritus of insurance giant Thai Life; and Pongsak Viddayakorn, cofounder of hospital chain Bangkok Dusit Medical Services, who went on to build a separate healthcare business under Principal Capital. Their fortunes are now listed under the Chaiyawan family and the Viddayakorn family. Though the minimum net worth to qualify for the list dropped to $420 million from last year's $550 million, four people fell from the ranks. A notable absentee is renewable energy magnate Somphote Ahunai, whose Energy Absolute faced financial stress. Full Coverage of Thailand's Richest 2025: Reporting by Gloria Haraito and Anuradha Raghunathan. Methodology: This list was compiled using shareholding and financial information obtained from the families and individuals, stock exchanges and analysts, the Stock Exchange of Thailand and regulatory agencies. Unlike our billionaire rankings, this list encompasses family fortunes, including those shared among extended families of multiple generations. Public fortunes were calculated based on stock prices and exchange rates as on June 13. Private companies were valued based on comparisons with similar companies that are publicly traded. The list can also include foreign citizens with business, residential or other ties to the country, or citizens who don't reside in the country but have significant business or other ties to the country. The editors reserve the right to amend any information or remove any listees in light of new information.
Daily Record
19-06-2025
- Business
- Daily Record
Euromillions £208m winner comes forward to claim jackpot
The winner of this week's huge EuroMillions jackpot has come forward to claim the prize. It is the 18th Irish winner and the largest ever Irish win of the Euromillions jackpot The winner of the colossal £208m (€250m) EuroMillions jackpot has stepped forward to claim their staggering prize. The winning ticket was bought in a shop in Co Cork, Ireland, and following an appeal for the ticketholder to come forward, one individual has now claimed the life-altering sum. This marks the 18th Irish win and the biggest ever Irish victory in the EuroMillions jackpot history. The previous Irish EuroMillions jackpot win occurred in February 2022, when a lucky player scooped up €30.9 million with a quick pick ticket from a service station in Ballina, Co Tipperary. Tuesday's draw saw the numbers 13, 22, 23, 44 and 49 emerge victorious, along with lucky stars 3 and 5. Cian Murphy, the chief executive of the Irish National Lottery, had earlier advised the winner to "stay calm" as the "massive" win might be overwhelming. The EuroMillions jackpot is capped at €250 million - equivalent to £208 million. This particular jackpot hit its cap on Friday June 6 after multiple rollovers. The EuroMillions prize fund is limited to €250m (or £208m), giving players five draws to win the life-changing amount, reports the Mirror. Despite the single fortunate winner, other players are being reminded to check their tickets for potential smaller wins. The new multimillionaire now finds themselves wealthier than footballer Harry Kane and pop sensation Dua Lipa, who have net worths of £115 million and £110 million respectively, and could rub shoulders with individuals featured in The Sunday Times Rich List 2025. "The EuroMillions jackpot of 250 million euro has been won in Ireland," announced the Irish operator on X on draw night. More than 92,000 players across Ireland scooped prizes in both EuroMillions and Plus games during this recent draw. The €250 million (£208 million) jackpot has made one Munster resident's dreams a reality. Speaking to RTE Radio, National Lottery spokesperson Emma Moaghan revealed: "Someone in Ireland is a quarter of a billion euro richer this morning." Whether the new multimillionaire will remain under wraps or step into the spotlight is yet to be determined. Moaghan confirmed that the "eye-watering" prize-winning ticket was procured from a shop rather than through an online purchase or a mobile application. She advised: "If at all possible stay calm, I know that might be easier said than done. Have a cup of tea and let it sink in." This monumental win equals the record set by an Austrian player back in March who bagged the first-ever €250 million EuroMillions jackpot. Since jackpots are currently capped at this figure, the record is expected to stand for the foreseeable future. Munster lottery participants are urged to double-check their tickets. Cian Murphy, CEO of the Irish National Lottery, expressed excitement about the historic win: "We are absolutely thrilled to see this incredible and record win for an Irish EuroMillions player." Lottery players are being urged to double-check their tickets and if they've hit the jackpot, to sign the back of their ticket, keep it secure, and get in touch with National Lottery HQ for further assistance. "We are advising our players to check their tickets and if they are the winner, sign the back of the ticket, keep it safe, and contact National Lottery HQ and we will guide you through the claims process," officials noted. The UK's Millionaire Maker Selection victor for Tuesday night's draw was confirmed as XPCD66044. Marking a record for a British ticket holder, one lucky individual scooped an astounding £195.7 million on July 19 2022, remaining anonymous. In light of the enormous €250 million jackpot prize, accredited financial planner Eoin McGee has cautioned the winning ticket holder to proceed with caution regarding their windfall. McGee offered his guidance to the Irish Mirror: "My advice is do absolutely nothing, except sign the back of the ticket. Ring the Lotto and confirm you have the winning ticket, but then sit back and tell nobody apart from your inner circle. "Don't make any big decisions now. This is life-changing. I tell Lotto winners to remember that the things which made you happy before this win are the same things that are going to make you happy afterwards. "Life will be different, but if you do not manage this properly, it can ruin you. This €250m can ruin you. Be careful about your decisions and any promises you're making. "Even be careful about telling your children how much they're going to get. Make no promises. It is a time of celebration and joy and being happy about it, but in the first six months, do not spend more than €10,000 on any one item."
Indian Express
19-06-2025
- Business
- Indian Express
Irish man wins Rs 2,000 crore lottery, now richer than Dua Lipa and Harry Kane
It's not every day that one wins a lottery. And surpassing the net worth of pop icon Dua Lipa and football star Harry Kane by hitting a jackpot worth 208 million pounds (Rs 2,194 crore, approximately) is out of anyone's wildest imagination. An Irish man, however, got lucky with exactly that. He is now placed among the wealthy elite featured in The Sunday Times Rich List 2025, The Mirror reported. According to the report, the man won Ireland's 18th EuroMillions jackpot, the highest in the country's history. The winner hit the jackpot with the numbers 13, 22, 23, 44, 49 and Lucky Stars 03, 05, and the winning amount now surpasses the wealth of major celebrities, including Kane—whose net worth is estimated at 115 million pounds—and Lipa, who has an estimated wealth of around 110 million pounds. Cian Murphy, chief executive of the Irish National Lottery, urged players to check their tickets and contact the National Lottery headquarters. 'We are advising our players to check their tickets and, if they are the winner, sign the back of the ticket, keep it safe, and contact National Lottery HQ and we will guide you through the claims process,' Murphy said. 'The details surrounding the winning ticket will be revealed over the coming days. With such a big win we have procedures to follow, but we will reveal the winning location as soon as we this is a massive win, it can come as a shock to a winner and we advise them to stay calm, get independent legal and financial advice and contact us as soon as they can,' The Mirror quoted Murphy. EuroMillions is a lottery game where players from European countries can win huge jackpots by picking five numbers from 1 to 50 and two Lucky Star numbers from 1 to 12. The tickets are available online every day from 6.00 AM until 11.00 PM, the official website of the UK National Lottery stated.
NDTV
18-06-2025
- Business
- NDTV
Irish Man Wins Rs 2000 Crore Lottery Jackpot, Overtakes Harry Kane And Dua Lipa's Net Worth
In a historic lottery win, a single ticket holder from Ireland has bagged the EuroMillions jackpot worth 208 million pounds (approximately Rs 2,120 crore), marking the biggest lottery prize ever won in Europe. The Irish National Lottery confirmed the life-changing win and urged participants to carefully check their tickets. The jackpot had reached its maximum limit and remained unclaimed for two weeks. This massive win makes it Ireland's 18th EuroMillions jackpot victory and the largest in the country's history. If the prize had been claimed in the UK, it would have broken all records for the biggest EuroMillions winner there. The single ticket holder from Ireland won the EuroMillions jackpot with the numbers 13, 22, 23, 44, 49 and Lucky Stars 03, 05. According to The Mirror, the winner's fortune now exceeds that of celebrities like footballer Harry Kane, estimated to be worth 115 million pounds, and pop star Dua Lipa, worth 110 million pounds, putting them among the wealthy elite listed in T he Sunday Times Rich List 2025. According to The Metro, this will be Ireland's 18th winner of the EuroMillions jackpot and its largest ever win. Irish National Lottery chief executive Cian Murphy asked people to carefully check their EuroMillions tickets. "We are advising our players to check their tickets and, if they are the winner, sign the back of the ticket, keep it safe, and contact National Lottery HQ and we will guide you through the claims process." Cian said they would reveal the location of the winning ticket as soon as possible, adding: 'The details surrounding the winning ticket will be revealed over the coming days. "With such a big win we have procedures to follow, but we will reveal the winning location as soon as we this is a massive win, it can come as a shock to a winner and we advise them to stay calm, get independent legal and financial advice and contact us as soon as they can."
