Tara Patel

Klaus-Michael Kuehne, the shipping heir and Germany’s wealthiest individual, who expanded Kuehne + Nagel International AG into one of the world’s biggest sea and air freight forwarders, has died. He was 89.

Shipping tycoon was Germany's richest person Key Takeaways: [Stay on top of transportation news: Get TTNews in your inbox .]

Klaus-Michael Kuehne’s death signals the end of a swashbuckling dealmaking era for the German tycoon’s empire while transferring his $49 billion fortune to a low-key Swiss foundation.

The French duo behind US tech firm Datadog Inc. have been on a roller-coaster ride since listing their company about seven years ago, but there’s been one constant throughout: selling their stock in the good times and bad.

The billionaire, who had no children, died this week at 89. By Tara Patel and Sonja Wind, Bloomberg ·

Their platform was hacked by rogue OpenAI agents in July. Now it has been snapped up by Nvidia.

and Hugging Face's three French founders have emerged as billionaires after the artificial intelligence platform agreed to be acquired by

French luxury goods tycoon Bernard Arnault fell out of the top 10 list of the world’s biggest fortunes, leaving an all-American roster of mostly tech billionaires to dominate the rankings.

Far-right candidate Marine Le Pen floated the possibility of a compromise on France’s budget for 2027, Agence France-Presse reported, potentially lifting some of the economic uncertainty weighing on the country.

At the tech incubator known as Station F, housed in a refashioned Paris railway depot, all the latest chatter is focused on the riches being minted at several French startups.