Old-school tycoons of Hong Kong are losing to China's moguls

HONG KONG (BLOOMBERG) – The prediction was vintage Jack Ma, as provocative as it was prescient. “This is the era of the internet,” the Chinese billionaire proclaimed in October 2013, just weeks after his plan to take Alibaba Group Holding

Elon Musk debates how to give away world's biggest fortune

(BLOOMBERG)- Elon Musk is not only the world’s richest person, he lays claim to the biggest net worth ever recorded: US$209.3 billion (S$277.4 billion) as of Friday. What he does with it will be closely watched. Judging by Twitter, the