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Extremely Wealthy

06/09/2014

Vietnam tycoon and former banker jailed for 30 years over $1 billion fraud

A Vietnamese court jailed a tycoon and former banker for 30 years on Monday for his part in a series of elaborate financial scams worth $1.1 billion that have become one of the country's most high-profile banking scandals.

06/05/2014

Walmart Heirs Have Given 0.04 Percent Of Net Worth To Family Foundation

The money put into these trusts is designated for charity

06/05/2014

The Man Who Could Prove Warren Buffett Wrong About Aviation

Warren Buffett did not get to be America’s second richest man by being proved wrong very often.

06/05/2014

Lord Rothschild: 'Our family name opens doors'

Looking back on a lifetime of public service in the arts world, Lord Rothschild tells Sarah Crompton why he sees generosity as a moral obligation

06/05/2014

Lord Mandelson rents "modest" farmhouse from billionaire Rothschilds

Lord Mandelson, the globe-trotting business adviser, is decamping to a Wiltshire farmhouse owned by Lord and Lady Rothschild to pursue his "dream of a farming life".

06/05/2014

John Paulson’s Hedge Funds Said to Rise in May on Stock Rally

Most of billionaire John Paulson’s hedge funds rose in May as stocks rallied and bets on mergers and credit paid off.

06/03/2014

Russian billionaire eyes investment in European telecoms

Mikhail Fridman’s Alfa-Group to invest proceeds from sale of oil firm TNK-BP

06/02/2014

Gauri Khan launches her own signature line in Dubai

With the launch of her signature line in Dubai, Gauri Khan expands her designer dreams to international shores

06/02/2014

Warren Buffett lunch auction begins Sunday at $25,0000

The lunch auction has become an important source of money for Glide

06/02/2014

Kazakh-born property mogul ‘front-runner’ to buy Aston Villa

Villa were formally put up for sale by their American owner, Randy Lerner, earlier this month and are expected to fetch at least £250m

06/02/2014

The King of Spain Steps Down, and Some Twitterati Call for Abolition of the Monarchy

Spaniards got a bit of shock this morning: Spain’s King Juan Carlos is abdicating and handing the throne to his son, Crown Prince Felipe.

05/30/2014

Hong Kong realty tycoon remains silent on investment strategy in China

China Youth Daily, the official newspaper of the Communist Youth League of China, said that Li has clearly expressed his investment strategy in the mainland through a litany of defining moves, widely reported in local media over recent years.

05/30/2014

Wealth-X UHNW Valuation Update: Donald Sterling's Net Worth To Rise To US$2.2 Billion After US$2 Billion Sale Of LA Clippers To Ex-Microsoft CEO Steve Ballmer

Wealth-X is the world's leading ultra high net worth (UHNW) intelligence and prospecting firm

05/30/2014

Parsley CEO Emerges as One of Youngest U.S. Billionaires

The company has about 112,000 net acres and stakes in 555 wells in the Permian Basin

05/30/2014

Falcone to FCC: ‘Take action’ to reverse hedge fund losses

Billionaire investor Phil Falcone is turning up the heat on Uncle Sam.

05/29/2014

The clock is ticking for the traditional elite

Britain’s ruling class can only survive by opening itself up to ordinary people

05/28/2014

Kim Kardashian and Kanye West's Combined Net Worth Estimated At US$155 Million After "Kimye" Florentine Wedding

The couple married in an extravagant, multi-million-dollar ceremony

05/28/2014

What Billionaire Malcolm Glazer's Death Means For Manchester United

The death of billionaire Malcolm Glazer caught many by surprise, particularly fans and investors in Manchester United.

05/28/2014

10 Indian college dropouts who are millionaires today

There are Indians who haven't quite followed the norm of drowning themselves in books to get a college degree.

05/27/2014

Billionaire Ordered to Lower Stake in His Bank to 40%

The Reserve Bank of India, which is also the nation’s banking regulator

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