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AppLovin IPO Makes Cofounder Adam Foroughi A Billionaire With $2 Billion Stake
Mobile gaming company AppLovin struggled to land venture capital funding for years, but is worth $25 billion as shares began trading Thursday.
Tim Sweeney’s Fortune Jumps To $7.4 Billion As Epic Games Scores $28.7 Billion Valuation
Fortnite-maker Epic Games raised $1 billion in a new funding round that makes its founder North Carolina’s richest person.
Billionaire Matt Moulding To Transfer $140 Million To His Charitable Foundation After Note From Bill Gates
The British e-commerce mogul is following Gates’ lead on philanthropy, but it could be many years before that money starts making a difference.
South Korean Conglomerate SK Group Ups Investment In Fast-Growing Vietnamese Market
SK Group, South Korea's the country’s third-largest conglomerate, is investing in the largest retail chain in Vietnam to gain greater access to the fast-growing Southeast Asian market.
The Investors Who Had To Pay Back Billions In Ill-Gotten Gains From Bernie Madoff’s Ponzi Scheme
Some of Bernie’s oldest friends and biggest clients have been forced to hand over a total of $14.4 billion—and counting—to repay other victims of the great swindle.

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