- Managers of Wealth -Wealth, private banking and asset management news and opinion

Citigroup CEO Vikram Pandit's home for sale for $4.3m

Well, hope you're happy with yourselves, Citigroup shareholders: You've gone and made Vikram Pandit sell his house.

Warren Buffett diagnosed with prostate cancer

Mr Buffett said he will begin a two-month treatment consisting of daily radiation treatments in mid-July. This will limit his ability to travel during that time, he said in the statement.

Wealthy foreigners can’t ‘buy’ PR status anymore in S'pore

Wealthy foreigners who want their PR application expedited will now have to apply under a different scheme for well-heeled entrepreneurs from abroad who invest in businesses here.

Super Yacht, Arianna Debuted by Delta Design Group

Her successful debut makes Arianna the largest all composite 50m, full-displacement motor yacht in the world.

94-Year-old Austrian billionaire to marry for the 5th time

Wlaschek is the fifth-oldest billionaire in the world after only Walter Haefner, David Rockefeller Sr., Albert Ueltschi, and Kirk Kerkorian. He founded the Austrian retail chain Billa and sold it for about $1 billion in 1996, after more than four decades

Marine Registration - Where Is Best For You To Moor Up?

Despite the weak economic climate, demand from wealthy individuals and company executives for yachts and the services associated with running and maintaining these assets remains strong.

Arab billionaires list released; Alwaleed tops with $18bn fortune

After prince Alwaleed, Lebanese-Brazilian billionaire Joseph Safra is second richest in the list of billionaires with a fortune of $13.8 billion to his name.

Rolls-Royce debuts Phantom II

Rolls-Royce Motor CEO Torsten Muller-Otvos detailed changes made to the Phantom II as it made its North American debut at the NY auto show.

City “superwoman” launches restaurant group‎

The venture seeks to fill a gap in the market for neighbourhood clubs in South West London and the Home Counties.

Alan and Gina Miller - the husband and wife team shaking up the investment industry

Multi-millionaire Alan Miller, the original 'Mr Hedge Fund’, and his wife believe the investment industry is failing clients.

Aberdeen Asset Management to sponsor Scottish Open

The event has been without sponsor since last year when Barclays withdrew its backing. It had sponsored the tournament for 10 years.

Billionaire Brothers Arrested in Hong Kong Corruption Inquiry

It what appears to be the biggest corruption scandal in Hong Kong in decades, the brothers, Raymond and Thomas Kwok, the joint chairmen of Sun Hung Kai Properties, were arrested by the Independent Commission Against Corruption.

Meydan lauds partners of world's richest race

This year the Dubai World Cup will celebrate its 17th running and will offer another first in its prestigious history as the programme has grown to include nine spectacular races and prizemoney of a world record $27.25 million.

Wealth management firm teams up with Premiership footballer

A lifestyle-driven tax, accounting and wealth management firm, has teamed up with Manchester United footballer Michael Owen.

Behind the Bonus - Discretionary Income and Luxury Spending

Facing such significant declines, Wall Street firms have trimmed 2011 discretionary pay. Wall Street’s cash bonus pool fell by 14 per cent last year to $19.7 billion, the lowest since 2008, according to projections by New York state Comptroller Thom

Brazil's rich build castles in wild preserves

The house, built partially underground and surrounded by lush forest, is visible only by aircraft.

Profiles of the World's Best CEO's

How talented titans such as Alan Mulally of Ford, Jeff Bezos of Amazon.com and Jamie Dimon of JPMorgan Chase earned their place in the spotlight.

Jaguar launches new global brand strategy

The basis for the new strategy is the marque's existing product range - the sporting XK, and the XF and XJ saloons. Each combines a stunning exterior form with luxurious, contemporary interior design that's the result of the talented team led by

Tiffany reports double-digit growth y-on-y

Net earnings increased 24% excluding nonrecurring items and earnings per diluted share rose 23% to $3.60 (see "Non-GAAP Measures" schedule). Management also provided its financial forecast for fiscal 2012.

How Facebook Billionaires Dodge Mega-Millions In Taxes

Moreover, Securities & Exchange Commission filings show Levchin still has 3.9 million shares of Yelp, now trading near $22, in his Roth. So it appears his tax-free “retirement” kitty is worth at least $95 million—and maybe a lot more

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