Managers of Wealth

How Bill Ackman Sources New Investment Ideas

“As the business has matured, and I really think it’s a credit to the team and the maturity of the business, many ideas are sourced from members of the team,” Ackman said.

Prince Andrew and Sarah Ferguson 'intend to sell their Swiss chalet as soon as possible'

Verbier is 'my home', the Duchess added, explaining that 'administrative procedures are under way' to enable her to officially settle in the tax haven region of Valais.

Nigerian billionaires lose billions amid COVID-19 pandemic

Nigerian billionaires recorded more losses than gains amid COVID-19 due to the volatility of the stock market occasioned by the killer disease.

How Are Rich People Getting Richer During the Coronavirus Pandemic?

Jeff Bezos has reportedly made another $25 billion since the beginning of the year.

BR Shetty: The staggering rise and incredible fall of a billionaire

BR Shetty landed in Abu Dhabi with $8 in 1973 and turned his sweat into a personal fortune worth billions.

A look at boxing great Floyd Mayweather's insane black and white £20million car collection

From Rolls-Royces worth over a staggering £3 million to four Bugatti Veyron machines that cost £1.7 million, one can find almost every expensive car at Mayweather's garage.

How a race-car driver lost his home, cars and $13 million in an elaborate scam

In a letter to Judge Gregory H. Woods, prosecuting attorney Geoffrey S. Berman wrote that Belan’s “fraud was stunning and brazen in its scope.”

Seven Billionaires Donating To COVID-19 Causes

The world's wealthiest people are putting hundreds of millions behind the fight against the Corona pandemic.

Ambani Tops Ma as Asia’s Richest After Deal With Zuckerberg

”This deal clearly shows that if you want to play big in Indian tech, you need to play nice with Mukesh Ambani.”

Newcastle owner Mike Ashley to bank £17m even if Saudi-funded takeover collapses

The Magpies chief is far from a popular figure with supporters but he appears set to profit from the proposed takeover whatever happens

Who are the 15 youngest billionaires in America, and which is the richest

Collectively these young people are worth more than US$100 billion – and some of the richest are, surprisingly, not household names

Richard Branson is offering up his private island as collateral in order to save Virgin Atlantic from collapse

In an open letter to Virgin Group staff dated Monday, Branson pledged to use his private Necker Island to save the airline struggling under coronavirus travel restrictions.

The millionaire collection proposed by Federer, Nadal and Djokovic to help more than 400 tennis players

That and the proposal formula generated a division among those who must contribute to this fund.

Coronavirus has secured Jeff Bezos as the world’s richest person

Analysts forecast a dramatic 22% increase in revenue for the first quarter, ahead of results being released April 30.

Jeff Bezos gets $9 billion richer as Amazon stock soars amid pandemic

Mr Bezos and many of his wealthy peers in technology, private equity and elsewhere are doing just fine, helped by unprecedented stimulus efforts by governments and central bankers.

UK’s Duke of Westminster donates $15M towards coronavirus relief

“As they keep us safe, I want to help provide as much support to them and their families as we can.”

How we can all embrace philanthropy's true value in a crisis

Philanthropy effectively underscores the need for a sustained collective effort to overcome the scourge of the virus.

Wealthy art owners are raising cash from their collections amid the looming recession

Some wealthy art collectors are raising cash from their art assets amid the looming recession.

Ultra-wealthy pull cash from mansions to buy beaten-down assets

There is an abundance of mortgage finance available, and using real estate to secure a funding line can open plenty of opportunity -- especially if you are borrowing at record low rates.”

10 Little Known Facts About LeBron James' Private Jet

LeBron lives his life to the fullest and that includes his private jet, but there are plenty of little known facts about his ride.

Extremely Wealthy