The new class of billionaires

Giant initial public offerings and a surge in mergers and acquisitions are spawning a new generation of billionaires and millionaires

Giant initial public offerings and a surge in mergers and acquisitions are spawning a new generation of billionaires and millionaires.

The eight biggest global IPOs launched since January have a combined corporate value of $75bn, according to Dealogic, creating billions of dollars in wealth for company founders.

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110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the BrinkExternal link

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink