Managers of Wealth

Lend me a tenor: Luciano Pavarotti look alike barred from bank card

A Luciano Pavarotti impersonator has been refused a personalised bank card bearing his photograph because he looks too much like the late opera singer.

The Top Corporate Art Collections

Hundreds if not thousands of companies collect art—but only a few make an art of collecting.

Dutch millionaire builds Noah's Ark replica

A Dutch millionaire has built a full-size replica of Noah's Ark after dreaming his hometown would be destroyed by a flood of biblical proportions.

Europe’s Richest Woman Sells Seychelles Island for $60 Million

The L’Oreal SA heiress, 89, bought the 0.6-square mile D’Arros Island and several smaller islands in 1998. The buyer, Geneva-based Save Our Seas Foundation, plans to turn the islands into a nature reserve.

Italian Billionaire Funds Colosseum Restoration

The source of funding for the restoration project, though, has generated some controversy. $30 million doesn’t sound like a lot, when you’re talking about fixing up one of the most famous historical landmarks on the planet.

Australian Billionaire Sets New Property Records in Singapore

Developed by Singapore-based SC Global and designed by architect Kerry Hill, the condominium is marketed as Singapore’s only beachfront condominium, equipped with an infinity pool and a private beach resort.

UK High Streets are on the ropes, but new Harrods owner is able to take £100.5m payout from profits

Qatar’s sovereign wealth fund, which spent £1.5billion buying the Knightsbridge department store in 2010, opened its upmarket tills to hike the annual pay-out 342 per cent following a record year.

Deutsche Bank and PGA reach Sponsorship agreement extension

Deutsche Bank and the PGA Tour have reached an agreement in principle on a four-year contract extension that, barring any setbacks, will keep the German bank as title sponsor of the Deutsche Bank Championship through 2016.

Mystery Billionaire Builds World's Largest Yacht

The ship, called Azzam, is under construction at a shipyard in Germany, according to SuperYachtTimes.com. It’s expected to measure 180 meters, or around 590 feet — or the size one-and-a half football fields, plus a basketball court.

Meet the Chinese billionaires with Australia in their sights

His father is Zeng Qinghong, a top Communist Party cadre and former Beijing kingmaker (think Graham Richardson and the Labor Party of the 1990s) who is credited with brokering the deal that saw Xi Jinping catapulted into pole position in the race to becom

Former Lehman President Is Selling His Breathtaking Long Island Mansion For $22 Million

The gorgeous home at 26 Lloyd Haven Drive is priced $22 million, according to a listing on Coldwell Banker.

The Awesome Private Islands Of The Rich And Famous

Perhaps the ultimate show of wealth is the private island.

Super-yachts dock in London as business heads to Olympics

They are some of the most magnificent and expensive vessels in the world and this weekend they started arriving in London as the world’s global CEOs brought a touch of glitz and glamour to the capital in time for the Olympics.

Super-rich ‘hiding’ at least $21 trillion

The Price of Offshore Revisited was written by James Henry, a former chief economist at the consultancy McKinsey and commissioned by the Tax Justice Network.

Rothschild Anoints Alexandre Heir As Family Cements Reign

Today, as the firm undergoes a generational shift to younger bankers, he’s being groomed to run Rothschild and succeed his 69-year-old father, David, within five years, according to three people with direct knowledge of the plan.

Louis Vuitton lures China's super-rich with custom leather "art"

Louis Vuitton routinely ranks among the most admired brands in surveys of Chinese consumers. But ultra-luxury names such as Hermes are making inroads, and some top-tier consumers now look down on Louis Vuitton as too common.

MERCEDES-BENZ tO sponsor Mena Golf Tour

Officials of MENA Golf Tour are very excited about the partnership that offers huge dividends to both the partners.

China’s Power Families

Also known as Winston Wen, he is one of the most successful and prominent private equity investors in China, and a highly controversial figure in the Chinese investment community.

U.K. billionaire heiress Eva Rausing found dead; Foul play suspected

Rausing, 48, was the wife of Hans Kristian Rausing, heir to the TetraPak fortune his father built by creating a successful manufacturer of laminated cardboard drink containers.

Michael Jackson memoribilia part of U.S. case against African leader

Legislation to thwart such abuses of the U.S. financial system has failed to get traction in Congress over the years, but two Senators are pushing it again this year.

Extremely Wealthy