04/25/2012
Rémy Cointreau fortifies growth
The increase was helped by double-digit organic growth in the US and Asia, as booming demand for premium Cognac in China continues at pace.
Extremely Wealthy
04/25/2012
Tech billionaires bankroll gold rush to mine asteroids
Planetary Resources, based in Bellevue, Washington, initially will focus on developing and selling extremely low-cost robotic spacecraft for surveying missions.
04/24/2012
"Woman in a hat’ painting is actually a man – making it earliest known picture of a transvestite
Discovered in a Manhattan auction house by art historian Philip Mould, the portrait has now been confirmed to be of Chevalier D'Eon, who was a legendary French 18th-century transvestite.
04/23/2012
Multi-millionaire’s island retreat goes up in smoke
THIS is the dramatic moment a Brit multi-millionaire’s Robinson Crusoe-style island retreat went up in smoke.
04/23/2012
Richest Green Billionaires 2012
This much is for sure: It’s far easier to live a semi-green lifestyle than it is to mint riches off a clean tech company.
04/23/2012
Wealthy New Yorkers funnel cash to presidential candidates
The contributions come directly to candidates’ campaigns and to separate political action committees, called Super PACs, that can receive unlimited cash.
04/23/2012
Lord Rothschild buys £7.5m stake in Bathrooms.com - set up by founder to stop his wife getting bored
Ian Monk, a former UBS executive who set his wife up with the Bathrooms.com website to keep her from getting bored, has sold a £7.5m stake in the business to Lord Jacob Rothschild’s Augmentum Capital fund.
04/23/2012
Citigroup CEO Vikram Pandit's home for sale for $4.3m
Well, hope you're happy with yourselves, Citigroup shareholders: You've gone and made Vikram Pandit sell his house.
04/18/2012
Warren Buffett diagnosed with prostate cancer
Mr Buffett said he will begin a two-month treatment consisting of daily radiation treatments in mid-July. This will limit his ability to travel during that time, he said in the statement.
04/18/2012
Wealthy foreigners can’t ‘buy’ PR status anymore in S'pore
Wealthy foreigners who want their PR application expedited will now have to apply under a different scheme for well-heeled entrepreneurs from abroad who invest in businesses here.
04/18/2012
Super Yacht, Arianna Debuted by Delta Design Group
Her successful debut makes Arianna the largest all composite 50m, full-displacement motor yacht in the world.
04/17/2012
94-Year-old Austrian billionaire to marry for the 5th time
Wlaschek is the fifth-oldest billionaire in the world after only Walter Haefner, David Rockefeller Sr., Albert Ueltschi, and Kirk Kerkorian. He founded the Austrian retail chain Billa and sold it for about $1 billion in 1996, after more than four decades
04/17/2012
Marine Registration - Where Is Best For You To Moor Up?
Despite the weak economic climate, demand from wealthy individuals and company executives for yachts and the services associated with running and maintaining these assets remains strong.
04/09/2012
Arab billionaires list released; Alwaleed tops with $18bn fortune
After prince Alwaleed, Lebanese-Brazilian billionaire Joseph Safra is second richest in the list of billionaires with a fortune of $13.8 billion to his name.
04/09/2012
Rolls-Royce debuts Phantom II
Rolls-Royce Motor CEO Torsten Muller-Otvos detailed changes made to the Phantom II as it made its North American debut at the NY auto show.
04/05/2012
City “superwoman” launches restaurant group
The venture seeks to fill a gap in the market for neighbourhood clubs in South West London and the Home Counties.
04/02/2012
Alan and Gina Miller - the husband and wife team shaking up the investment industry
Multi-millionaire Alan Miller, the original 'Mr Hedge Fund’, and his wife believe the investment industry is failing clients.
04/02/2012
Aberdeen Asset Management to sponsor Scottish Open
The event has been without sponsor since last year when Barclays withdrew its backing. It had sponsored the tournament for 10 years.
03/30/2012
Billionaire Brothers Arrested in Hong Kong Corruption Inquiry
It what appears to be the biggest corruption scandal in Hong Kong in decades, the brothers, Raymond and Thomas Kwok, the joint chairmen of Sun Hung Kai Properties, were arrested by the Independent Commission Against Corruption.
03/29/2012
Meydan lauds partners of world's richest race
This year the Dubai World Cup will celebrate its 17th running and will offer another first in its prestigious history as the programme has grown to include nine spectacular races and prizemoney of a world record $27.25 million.