01/20/2014
Almost half of the world’s wealth is now owned by just one percent of the population, and seven out of ten people live in countries where economic inequality has increased in the last 30 years.
01/17/2014
Friends in high places Richard Branson gifts Kate Moss a week on his Caribbean island for her 40th birthday party
So what better way for the supermodel to welcome in her 40th than on a hot beach surrounded by her closest friends.
01/17/2014
Lui Che-Woo, founder of casino operator Galaxy Entertainment Group Ltd., became Asia’s richest person yesterday eclipsing Hong Kong real estate investor Li Ka-Shing
01/16/2014
It's taken Gerry Harvey nearly six years to get to this point but the retail baron says he is ready to roll the dice and take on riskier investment bets.
01/16/2014
Robert W. Wilson, the hedge-fund manager who lept to his death last month from his New York residence, gave his art collection to the Whitney Museum of American Art in Manhattan.
01/16/2014
The fixed-line business of Mexican billionaire Carlos Slim on Thursday rejected suggestions that it was divesting assets to avoid tougher regulation after a judge ordered the company
01/15/2014
Beanie Babies creator gets probation in tax evasion
The billionaire creator of Beanie Babies was sentenced to two years of probation, but no prison time
01/15/2014
A jewellery collection owned by former first lady Imelda Marcos was “ill-gotten”, a Philippine court has ruled, potentially paving the way for an auction of millions of dollars’ worth of seized treasures.
01/15/2014
The deal started with a treasure map, supposedly bought from a drifter at a saloon in Key West for $500.
01/14/2014
Almost half of UHNW investors have no interest in investing outside the United States.
01/13/2014
Millionaires surveyed about their annual expenditures indicated finds strong spectactor support for the arts over sports.
01/12/2014
The world's richest man, Microsoft billionaire Bill Gates, has steamed in to buy Irish bonds as the threat of default was extinguished.
01/11/2014
The 'Syco' boss, who also owns a luxury Rolls Royce worth 300,000 pounds, drove his Bugatti only 1,300 miles over five years.
01/11/2014
The Antwerp bank provides financing to the diamond trade and has 75 years of experience in the industry.
01/10/2014
Henry Hoare, 18, a finance student at Bristol University, was at his family's Belgravia property when he received an early hours call asking for a lift
01/09/2014
The combined fortunes of the 10 footballers on the list is £245 million
01/08/2014
Multi-millionaire businesswoman forced to close restaurant as ‘stay at home mums don’t go out for dinner’
A TOP City executive who juggled her career with raising six children has blamed the failure of her London restaurant on stay-at-home mothers.
01/05/2014
Sources said the move will lessen foreign presence in China's broadcasting and movie market at a time when the local entertainment industry has emerged as the world's second largest after the United States.
01/03/2014
BitPay has long been gunning to establish itself as the largest payment service for people who use virtual currencies such as BitCoin.
01/03/2014
The court, in the report, said it affirmed the High Court ruling that the PNB held the legal title to the funds as depositor of the money as well as original account holder with WestLB, the Germany-based bank that held the money.