02/25/2014
Formula One: Brazil’s biggest bank to sponsor Williams
Williams has secured another new commercial partner ahead of the new Formula One season, agreeing a deal with Brazil's largest bank.
02/25/2014
Williams has secured another new commercial partner ahead of the new Formula One season, agreeing a deal with Brazil's largest bank.
02/25/2014
Paul Desmarais III, scion of one of Canada’s richest families, is pitching a tent in the snow.
02/25/2014
A consistent performance throughout the 15 days of racing including a second place in yesterday’s Leg 7, was enough for EFG Bank to be crowned overall winner of the EFG Sailing Arabia
02/25/2014
Different eras and different technologies, but both moguls share a common trait when it comes to pursuing their enlightened self interest.
02/25/2014
Elena Rybolovleva, the former wife of Russian billionaire Dmitry Rybolovlev who, pre-bailout, had almost a 10 per cent stake in Bank of Cyprus, was detained in Cyprus on Monday in connection with the alleged theft of a diamond ring believed to be worth $
02/25/2014
The 70-year-old cousins who co-founded KKR & Co. took home nearly $327 million together in 2013, their largest payout since the private-equity firm became a U.S.-listed company in 2010.
02/25/2014
The former head of Renault F1 team is to be put on trial in Italy for evading VAT, fuel surcharges and other taxes on his superyacht
02/24/2014
George Soros wants to invest in Europe's financial sector, according to a German magazine's interview with the billionaire investor on Sunday.
02/24/2014
Fashion legend Donatella Versace and beer heiress Charlene de Carvalho-Heineken are amongst the richest women in the world.
02/24/2014
Tourists looking forward to a dream holiday in the Maldives have been forced to change their plans after the Crown Prince of Saudi Arabia reportedly booked out three entire island resorts exclusively for himself
02/21/2014
A California hedge fund investor has pledged $100 million in contributions to pro-environmentalist congressional campaigns, bolstering the battle against climate change.
02/21/2014
The business magazine said when it first started computing the wealth of Malaysia’s 40 Richest individuals in 2002, their combined assets stood at RM41.7 billion and Robert Kuok Hock Nien came out on top.
02/21/2014
French police have identified the body of Hong Kong-based tycoon Lam Kok, who was in a helicopter crash in France's wine-growing Bordeaux region as he flew over a newly acquired wine estate.
02/21/2014
As Bloomberg Businessweek’s Nick Summers pointed out not long ago, charitable giving on the part of the country’s wealthiest people has not kept pace with the increase in their net worth since the financial crisis.
02/20/2014
Tesla Motors Inc founder and CEO Elon Musk’s net worth rose by 7.8% to US$9.7 billion after stocks of the electric car company jumped 12.6% in extended trading
02/19/2014
How hedge-fund mogul Tom Steyer is using his checkbook to punish climate-change deniers, persuade Obama to halt the Keystone XL pipeline, and try to save the planet.
02/19/2014
The former chief executives of two high-profile German companies, Deutsche Bank AG and Siemens AG, have signed on to run the holding company of Russian oligarch Viktor Vekselberg.
02/19/2014
The money will largely go to the college’s financial aid program as Harvard seeks to blunt criticism that higher education has become the province of the 1 percent.
02/18/2014
As Businessweek Bloomberg writes, "Giving is up since the financial crisis. But while the stock market has made a complete recovery, top-50 philanthropy has clearly not."
02/18/2014
The Brazilian beauty is the highest-paid model in living history as her wealth is more than $250 million.