07/27/2014
''The present proceedings simply prolong what has all the appearance of a vendetta and that should, in the public interest, be brought to an end. The process of the court is, in my view, being misused and that should not be allowed.''
07/25/2014
Flamboyant billionaire father-son duo competes with Qatari group and Sultan of Brunei for Grosvenor House Hotel
Which two sources directly involved in the negotiation identified as an investor group linked to the Qatari royal family and the Sultan Hassanal Bolkiah of Brunei.
07/24/2014
Hedge fund manager John Paulson famously became a billionaire during the financial crisis by shorting, or betting against, subprime mortgages.
07/24/2014
Hedge fund billionaire files for divorce
She responded late Wednesday with a statement released through her attorney, Robert Stephan Cohen.
07/24/2014
New Yorkers might feel special, but Monaco, the tiny principality in the South of France, has them beat.
07/23/2014
Millionaires are twice as likely to keep working in retirement than the broader population
07/23/2014
They may not be the most desirable client segment right now, but they will be important in the years to come.
07/22/2014
Berrick Wilson is one of at least 30 fund managers who have jumped into the business of luring China’s wealthy to Australia using a new visa program that helps Chinese invest abroad.
07/22/2014
Russia’s wealthiest have lost billions of dollars since the beginning of the year, as Western sanctions against the country over its involvement in Ukraine continue tightening their grip over the weak economy.
07/22/2014
Their thriftiness soon made them rich.
07/21/2014
Hong Kong Investor Group Buys Majority Stake In Forbes
Forbes magazine’s publisher has agreed to sell a majority stake of its media business to a Hong Kong-based group of investors for an undisclosed sum, Forbes Media said on Friday, capping an eight-month hunt for a buyer for the company.
07/21/2014
Naomi Campbell’s oligarch ex Vladislav Doronin has dropped Sidley Austin for Herbert Smith Freehills for the latest round of his High Court battle with his business partners.
07/21/2014
Mexican billionaire tycoon Calls For Three-Day Working Week To Improve Quality Of Life
Mexican billionaire tycoon, Carlos Slim, has called for the introduction of a three-day working week, offset by longer hours and a later retirement, as a way to improve people’s quality of life and create a more productive labour force.
07/21/2014
Fairfax Media Ltd., Australia’s second-largest newspaper publisher, rose after the Australian newspaper reported billionaire Gina Rinehart may be considering a takeover offer.
07/21/2014
Wealthy investors will use smartphones and tablets to research financial products but not for purchasing.
07/17/2014
As it stands now, if Argentina doesn’t pay a group of hedge fund managers over $US1.3 billion by July 30, the country could go into default.
07/17/2014
Former Formula One driver Christijan Albers has been confirmed as team principal of Caterham, sold recently to Swiss and Middle East investors.
07/15/2014
Roll out the Rolls, Bring on the Bentley; Wealth Loves Luxury Cars
07/14/2014
When Jamie Cooper-Hohn, the wife of the billionaire founder of The Children’s Investment Fund Management UK LLP, met Christopher Hohn at a dinner party while they were at Harvard University in the early 1990s, she asked what he wanted to do with his
07/11/2014
Tycoons Bruce Gyngell and Edward Lumley set up offshore tax empires