08/06/2014
Billionaire's Hedge Fund Firm Is Getting Really Big
Och’s publicly-traded hedge fund firm, Och-Ziff Capital Management, said on Tuesday that at the end of June it managed $45.9 billion.
Extremely Wealthy
08/06/2014
London has bigger collection of millionaires than any other city in the world
One in every 35 people in London - equivalent to 395,600 people - now own assets worth more than $1million (£590,000), according to a wealth consultancy
08/05/2014
Texas tycoons should pay $750 million for fraud, SEC tells judge
A federal jury found the Wylys liable for a system of offshore trusts in the Isle of Man that netted the brothers $553 million in profits through hidden trades between 1992 and 2004 in companies they controlled.
08/05/2014
How to Find the Best-Performing Exotic Investments
I am a musician, and the monkey is a businessman. He doesn’t tell me what to play, and I don’t tell him what to do with his money.
08/05/2014
Qatar royal family said to be bidding for the Gherkin
The Frankfurt office block, The Squaire, has a price tag of €850 million
08/04/2014
Bernie Ecclestone heading for £60million settlement in Formula One bribery trial
Formula One chief executive Bernie Ecclestone is heading for a £60 million settlement to halt his bribery trial in Germany
08/04/2014
Tycoon eyes on AWAS assets
AWAS plans to sell about 100 newer aircrafts for as much as $5 billion.
08/04/2014
Grumpy Cat is a millionaire
Grumpy’s net pay isn’t know, but her manager guarantee’s she definitely made over a $1 million
08/04/2014
New Generation of Sicilian Mafia Leaders Flaunt Wealth on Facebook
Alleged Palermo mobster Domenico Palazzotto, 28, has created a Facebook page under a false name in which he posts pictures of himself cruising on motorboats
07/30/2014
Hedge fund boss Steve Cohen takes on Hamptons social scene
Hedge fund billionaire Steve Cohen is shrugging off his troubles and schmoozing in the Hamptons.
07/29/2014
This person is going to be 'the richest guy on the planet'
His current net worth is $33.3bn.
07/29/2014
Bank Of America, Hendrick Motorsports Extend Relationship
Bank of America and Hendrick Motorsports have extended their relationship through 2015 with a new agreement that will for the first time include presenting sponsorship of the official website and mobile application of the 11-time NASCAR Sprint Cup Series
07/29/2014
Germany's super-shy super-rich
Nobody could accuse the richest people in Germany of flaunting their wealth, quite the opposite.
07/29/2014
Fraudster forced to sell off 'unique' London mansion to pay legal bills
Edward 'Fast Eddie' Davenport is putting historic 33 Portland Place up for sale after being warned he must pay £14 million back or face another decade in jail
07/28/2014
Former Goldman Options Trader Becomes Argentina Taxi King
Prices for the licenses, known as medallions, have more than doubled in dollar terms over the past six years to $24,159
07/28/2014
Tycoon to sue Grant Thornton for millions
The identity of the accused parties became clear on Sunday when he announced he would sue Grant Thornton and Kaupthing for damages
07/28/2014
Formula One billionaire's daughter shops the Manor at $150 million
The Manor, the former Candy and Aaron Spelling estate that British heiress Petra Ecclestone bought before her marriage in 2011 for $85 million, is being shown privately at an asking price of $150 million.
07/28/2014
UAE royal inks deal with Antigua for five-star resort
The new resort in Morris Bay will occupy 36 acres of prime beachfront lands, five acres of which will be developed into a public National Park facility.
07/27/2014
How This Billionaire Heiress' Scandal Is a Lesson to Us All
Planning for the day when you're no longer in control of your money is not something most people want to do. But neglecting this important step could lead to undue struggles and even scandal.
07/27/2014
Caymans court lambastes former BHP chief Brian Gilbertson
''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.''