07/19/2015

From billions to bankruptcy

Whether due to poor fund management or extravagant spendings or skipping on taxes a number of stars have lost their great fortunes.

07/13/2015

Hedge funder’s pricey divorce

According to public records, Ulrich — who manages a $16 billion fund at Anchorage — bought Santos’ share of their combined two townhouses for $16,331,697.

07/08/2015

Leading UAE businessman gives third of assets to charity

Both announcements were made during Islam’s holy month of Ramadan, a period which promotes charity and thinking of those less fortunate through fasting, while the size of donations highlights the increasing wealth in the Middle East.