03/23/2012

Jaguar launches new global brand strategy

The basis for the new strategy is the marque's existing product range - the sporting XK, and the XF and XJ saloons. Each combines a stunning exterior form with luxurious, contemporary interior design that's the result of the talented team led by

03/23/2012

Tiffany reports double-digit growth y-on-y

Net earnings increased 24% excluding nonrecurring items and earnings per diluted share rose 23% to $3.60 (see "Non-GAAP Measures" schedule). Management also provided its financial forecast for fiscal 2012.

03/21/2012

How Facebook Billionaires Dodge Mega-Millions In Taxes

Moreover, Securities & Exchange Commission filings show Levchin still has 3.9 million shares of Yelp, now trading near $22, in his Roth. So it appears his tax-free “retirement” kitty is worth at least $95 million—and maybe a lot more

03/15/2012

Indonesia’s new rich

The commodity boom has created a nouveau riche class in Indonesia, where poverty remains prevalent.

03/13/2012

Japan's Visionary Real Estate Billionaire Minoru Mori Dies

Taikichiro was a scholar who taught economics; though initially unprepared to take over the family real estate business (his father invested in real estate post WWII), he left university life and founded Mori Building in 1959, developing Tokyo’s Min

03/12/2012

Billionaire's playground: Drawcard for the super-wealthy

Hassanal Bolkiah, 65, has been in power for more than 40 years, ruling as the oil-rich country's Prime Minister, Defence Minister, Finance Minister and head of religion - with full executive authority and emergency powers.

03/05/2012

Kamprad Is Europe’s Richest in Billionaire Index

The Bloomberg Billionaires Index, a daily ranking of the world’s richest people, shows that Kamprad maintains control over the business through a network of holding companies and legal entities established more than 30 years ago.

02/26/2012

Dubai boat show to draw big spenders

Dubai International Boat Show (DIBS) this year will see a surge in the number of high net worth individuals (HNWIs) from the Middle East region, according to the event organisers.

02/24/2012

Hong Kong leader denies bribery over yacht trip

The chief executive - whose wife is from Macau - said he was in the gaming hub, which is about an hour ferry ride from Hong Kong, for a private visit including tomb-sweeping and denied there was luxurious treatment on the yacht.