Managers of Wealth

Hedge fund billionaire files for divorce

She responded late Wednesday with a statement released through her attorney, Robert Stephan Cohen.

Walking in New York? A millionaire probably isn’t far away

New Yorkers might feel special, but Monaco, the tiny principality in the South of France, has them beat.

Work, work, work. Millionaires never retire

Millionaires are twice as likely to keep working in retirement than the broader population

Great wealth transfer will be $30 trillion—yes, that's trillion with a T

They may not be the most desirable client segment right now, but they will be important in the years to come.

Millionaire Hunters Lure Rich Chinese to Australia

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.

Russian Billionaires Have Lost More Than $14B Since January

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.

Germany's richest man dies

Their thriftiness soon made them rich.

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.

Naomi Campbell ex switches from Sidley to HSF for billionaire hotel battle

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.

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.

Fairfax Gains on Report Billionaire Rinehart Considering Bid

Fairfax Media Ltd., Australia’s second-largest newspaper publisher, rose after the Australian newspaper reported billionaire Gina Rinehart may be considering a takeover offer.

High Net Worth Investors and Mobile Technology

Wealthy investors will use smartphones and tablets to research financial products but not for purchasing.

At Least One Billionaire Investor Knows Exactly What He'll Do If Argentina Defaults

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.

Caterham confirm Albers as F1 team chief

Former Formula One driver Christijan Albers has been confirmed as team principal of Caterham, sold recently to Swiss and Middle East investors.

More millionaires with cash to burn on status symbols is good news for luxury carmakers

Roll out the Rolls, Bring on the Bentley; Wealth Loves Luxury Cars

London’s Biggest Divorce Case Sees Hohn Show No Modesty

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

Tycoons Bruce Gyngell and Edward Lumley set up offshore tax empires

Billionaire Hedge Fund Manager Ray Dalio Is Back

Things are looking sunnier for Dalio.

61 billionaires on France's rich list

FRANCE now boasts 61 billionaires, compared to 55 last year

Multi-millionaire Aga Khan drops in to pick up troubled £200m super-yacht named after his top racehorse

But as the 77-year-old, who is worth nearly £500 million, touched down at Devonport Dockyard in Plymouth, Devon, he was greeted by torrential downpours and choppy seas.

Extremely Wealthy