Managers of Wealth

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.

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.

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.

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.

Manchester United Players Dominate Top 10 List With Combined Net Worth of £111 million

Rooney Tops English Premier League’s Richest Footballers List

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.

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.

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.

Leonardo DiCaprio invests in Monaco's Formula E team

This partnership aims to help advance battery-electric technology, the report said. In addition, the actor is also hoping to make an actual return on his investment, the report explained.

$100M Suit Targets Billionaire in Bahamas Crash

The widow of attorney Lance Valdez filed the wrongful death suit Monday in Miami federal court against real estate magnate Jeffrey Soffer.

11 Ridiculous Gifts For The Millionaire Who Has Everything

These extravagant indulgences, ranked from lowest to highest price, range from surrealist family portraits to a $1.8 million bling ring.

Possible Buffett successor drops CEO role at BNSF

President and Chief Operating Officer Carl Ice, who has been with the Berkshire Hathaway subsidiary for 34 years, will become CEO on Jan. 1, 2014.

Berlusconi's holding selling 5.6 percent of Mediolanum

The placement of 41.3 million shares is being carried out through an accelerated bookbuilding aimed at Italian and foreign institutional investors.

20% Of Americans Will Be Rich At Some Point In Their Lives

These "new rich," made up largely of older professionals, working married couples and more educated singles, are becoming politically influential, and economists say their capacity to spend is key to the U.S. economic recovery.

Kuwait said to seal $2.8bn London property deal

London Bridge Holdings announced the strategic sale of More London, to a well-established London property owner without naming the buying.

Blankfein Said to Buy Into $1 Billion Miami Condo Project

They came to celebrate the $1 billion Faena Miami Beach, an oceanfront development for the mega-rich whose advance buyers include Goldman Sachs Group Inc.

Are Salma Hayek and her billionaire French husband set to join 'l'exodus'? Hollywood star seen in London with top property agent

Salma Hayek and her billionaire Parisian husband are hunting for a new home in London

Extremely Wealthy