Forbes Debuts New Billionaire Ranking Based on Giving
Forbes has created a new way to rank billionaires that celebrates generosity instead of just wealth. The "True Net Worth" ranking rewards the ultra-rich for giving money away, not hoarding it.
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Forbes Unveils 'True Net Worth' to Track Billionaire Giving
Forbes just launched a groundbreaking ranking that measures billionaires not just by wealth, but by how much they give away. The new "True Net Worth" system reveals surprising heroes like MacKenzie Scott, who's donated over $26 billion since 2019.
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Mexico's Billionaires Hit Record $267B in Combined Wealth
Twenty-four Mexicans made Forbes' 2026 Billionaires List with a combined fortune of $267.3 billion, up 61% from last year. The surge reflects growing prosperity among Mexico's business elite, led by telecom titan Carlos Slim.
Self-Made Women Billionaires Hit Record High in 2026
The number of self-made women billionaires worldwide has doubled in the past decade, reaching 150 leaders with a combined wealth of $470 billion. Three Indian women entrepreneurs rank among the global top 50, showcasing the growing power of women-led innovation.
UK Billionaires Pledge £300M to National Gallery in One Day
Two British philanthropists each donated £150 million to London's National Gallery last September, marking the largest gifts ever given to a museum worldwide. A new wave of self-made billionaires is fueling a golden age of charitable giving in the UK, with average donations from top givers jumping from £53 million in 2015 to £126 million in 2025.
South African Entrepreneur, 30, Makes Forbes Africa List
Rayhaan Survé earned a spot on Forbes Africa's 30 Under 30 list for empowering young people through entrepreneurship and innovation. His work includes a youth accelerator program helping high school students in Cape Town build their own businesses.
South African Entrepreneur, 30, Named Forbes Africa Winner
Rayhaan Survé just earned a spot on Forbes Africa's 30 Under 30 list for his work empowering young entrepreneurs across South Africa. His youth accelerator program is creating pathways for high school students to build businesses and transform their futures.
Indonesian Girl Group No Na Makes Forbes 30 Under 30 Asia
Just one year after their debut, Indonesian pop group No Na has landed on Forbes' prestigious 30 Under 30 Asia list. The quartet is bringing Indonesian culture to global stages with music that blends modern pop and traditional elements.
South African Innovator Wins Forbes Award for Impact
Anita Nel just won Forbes Woman Africa's Innovation Catalyst Award for turning university research into real businesses that create jobs and solve problems. At Stellenbosch University, she's built programs that have launched dozens of companies across the continent.
Football's First Female Super Agent Makes Forbes List
Rafaela Pimenta represents some of football's biggest stars and just earned a spot on Forbes' prestigious '50 over 50' list. The Brazilian trailblazer is changing the game for women in sports and fighting for fairer treatment of players.
Workers Host 'Ball Without Billionaires' Fashion Show in NYC
While billionaires prepared for the Met Gala, hundreds of Amazon, Starbucks, and Uber workers walked their own runway in New York's Meatpacking District. The "Ball Without Billionaires" celebrated workers as models wearing designs by immigrant and emerging designers.
Billionaire Femi Otedola, 63, Returns to School in London
Nigerian billionaire Femi Otedola just completed an executive leadership program at London Business School, proving it's never too late to learn. The move is especially meaningful for the $1.5 billion entrepreneur who built his empire without a university degree.
Mt. Vernon Hospital Named Top in Nation by Forbes
A southern Illinois hospital just earned a spot on Forbes' first-ever list of America's best hospitals. SSM Health Good Samaritan Hospital in Mt. Vernon stood out for exceptional patient care and clinical outcomes.
Billionaires Give Away $1.2B While They're Still Alive
A growing movement of ultra-wealthy Australians is rejecting "forever funds" and giving away fortunes rapidly to tackle urgent problems now. From a software mogul distributing $1.2 billion by 2029 to a data center founder's $100 million education gift, they believe money does more good today than spread across generations.
Fiji Blocks Billionaire's Waste Incinerator Plan
Fiji stood firm against an Australian billionaire's proposal to ship and burn nearly a million tonnes of foreign rubbish annually on its shores. After locals called it "waste colonialism," the government rejected the plan to protect public health and the nation's pristine environment.
Billionaire Takes Meta to Court Over Scam Ads
Australian mining billionaire Andrew Forrest is challenging Meta in a groundbreaking lawsuit that could change how tech companies handle fraud on their platforms. His legal team argues that Meta's AI tools actively helped create and spread thousands of fake ads using his face to trick people into cryptocurrency scams.
Nigerian Billionaire Gives $1M to State Security Fund
A billionaire philanthropist just donated 500 million naira (over $1 million USD) to help his home state of Osun, Nigeria build a safer future. The gift will fund surveillance systems, patrol vehicles, and communication tools for local security agencies.
Nigerian Billionaire's Memoir Wins Africa Business Book Award
Femi Otedola's "Making It Big" just won the 2026 African Business Book of the Year Award, less than a year after hitting No. 1 on Amazon. The memoir shares hard-won lessons from his journey to becoming a billionaire at 41.
UK Billionaire Donates Record £1.4 Billion in One Year
British billionaire Sir Chris Hohn donated over £1.4 billion to charity in a single year, leading 100 wealthy donors who gave nearly £5 billion total. The Sunday Times Giving List reveals where Britain's richest are directing their generosity.
Nigerian Billionaire Otedola Gave $14M to Save Children
Femi Otedola recently reshared his 2019 decision to donate $14 million to help vulnerable children in Northern Nigeria, sparking fresh conversations about wealth and giving. His message: true wealth isn't what you keep, but the lives you change.
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