12/23/2013
Alright for some!
Simon Cowell enjoys his annual festive break in Barbados
Extremely Wealthy
12/23/2013
Charles Gordon, from whisky firm William Grant and Sons, dies
Life president of family firm William Grant and Sons, he put Glenfiddich on the road to becoming the world's leading single malt.
12/22/2013
Chinese billionaire killed in helicopter crash as he tours newly-acquired French vineyard
Businessman had been pictured outside a French vineyard he had bought hours before the helicopter he was travelling in crashed
12/18/2013
Revealed: Billionaires Who Made The Biggest Financial Gains in 2013
On average, they made US$29 million per day in 2013, and increased their wealth by 41.6 percent, outperforming the 24 percent returns seen in the S&P 500 this year.
12/17/2013
Thai Tycoon Delays $780 Mln Property Fund IPO Over Political Troubles
The Thai real estate group controlled by billionaire Charoen Sirivadhanabhakdi has delayed a plan to raise at least 25 billion baht from selling a property fund to the public
12/17/2013
King Juan Carlo's Daughter Involved In Tax evasion Claims
The court on the island of Mallorca is investigating Cristina’s tax affairs and has said it will decide within weeks whether to formally summon her as a suspect.
12/17/2013
Accidental Tax Break Saves Wealthiest Americans $100 Billion
Sheldon Adelson makes no secret of his disdain for the estate tax.
12/17/2013
Guinness Records Magnate Emerges as Canada’s Richest Man
Pattison’s namesake conglomerate has more than a dozen businesses, including media distribution, grocery stores, outdoor advertising and auto dealerships. He has a fortune of $9.5 billion, according to the Bloomberg Billionaires Index.
12/16/2013
The Victorian Philanthropists Have Modern Counterparts
Philip Spedding, the director of Arts & Business, responds to Rupert Christiansen's recent article on the Arts Medal
12/16/2013
Vintage rum bottles sell for £80,000
Five bottle of dark rum fetched the top price selling for £8,225 each with the proceeds going to the Geraldine Connor Foundation which helps disadvantaged young people train in the performing arts.
12/16/2013
Combined wealth of world’s 50 richest Arabs rises to $266.21bn
The overall wealth has increased largely because of phenomenal performances by the top two in our list, Prince Alwaleed and Mohamed Al Jaber.
12/16/2013
Top 10 All-Time Luxury Asset Acqusition
Superyachts Most Popular Luxury Asset Among Top Billionaires
12/13/2013
Ecclestone will fight BayernLB damages claim
The fresh threat of legal action is the latest fallout from the deal eight years ago, in which private equity fund CVC acquired control of Formula One from a group of banks including BayernLB.
12/12/2013
Billionaire Hedge Fund Manager David Tepper Is Having A Huge Year
Billionaire David Tepper’s hedge fund firm, Appaloosa Management, celebrated its 20th anniversary in 2013 and it’s turning into a year to remember for the former Goldman Sachs trader.
12/12/2013
Colorado Hedge Fund Billionaire Louis Bacon Buys Taos, New Mexico, Ski Resort
Louis Bacon, the 55 year old founder and Chief Executive Officer of Moore Capital, a man Forbes estimates is worth $1.4 billion, recently completed a deal to acquire New Mexico ski resort Taos.
12/12/2013
UK urged to tighten controls on wealthy foreigners
The United Kingdom has been urged to tighten controls on foreigners with “suspiciously large fortunes” investing in the country and its lucrative real estate market.
12/11/2013
Manchester United Players Dominate Top 10 List With Combined Net Worth of £111 million
Rooney Tops English Premier League’s Richest Footballers List
12/11/2013
Meet The Billionaires Who Own Your City
Billionaires are raising their asset allocation to real estate – especially in safe haven cities like London and New York.
12/11/2013
Tony Blair makes a $135 million fortune
The 60-year-old former leader has been out of office since 2007 and since then has taken on a string of highly lucrative consultancy deals and speaking engagements and has invested heavily in property.
12/11/2013
Lord Rothschild honoured by Prince Charles for support of the arts
The 77-year-old head of RIT Capital Partners, which manages more than £2bn, was one of five people handed The Prince of Wales Medal for Arts Philanthropy at a special ceremony at St James’s Palace State Apartments in London on Wednesday.