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The American billionaires behind the Condé Nast media empire will reap a $1.4bn (£1.1bn) windfall from Reddit’s Wall Street listing, 18 years after paying just $10m for the social media company.
Closely watched listing will be one of the biggest of the year so far
Forbes introduces the first ever ranking of decabillionaire families, who are worth $10 billion or more. Some famous families make the cut; others like the Kennedys and Gettys fall short.
Forbes introduces the first ever ranking of decabillionaire families, who are worth $10 billion or more. Some famous families make the cut; others like the Kennedys and Gettys fall short.
The amount of wealth these families have is unbelievable.