Managers of Wealth

The Millionaire Turned Shoeshine Man

This year's theme is change.

Rio Olympics 2016: Swimmer leaves Rio as gold medallist and millionaire

Singapore was among the many countries offering hefty cash prizes to their medallists at the Rio Games, a practice that has become more common as nations continue to give greater importance to the final medal count.

Millionaire: This is 'the most fragile relationship' for any entrepreneur

As an investor, once he's sold on someone's vision and ability, he tries to be hands off.

How Singapore's billionaires amassed their wealth

We take a look at how these people amassed their wealth and what it is about them that has made them Laprases.

Walton family fortune soars as Wal-Mart raises earnings forecast

The latest gains came after the retail giant ratcheted up its expectations for its full-year earnings growth after its second-quarter financial results surpassed forecasts.

S. Africa’s Richest Man Says Part Sale Would Help Eskom, SAA

Eskom provides about 90 percent of the country’s electricity.

Billionaire demands top traders take more risk in hedge fund shakeup

He’s also demanding that all his managers take more risk in their bets.

Amber Heard Donates $7 Million Divorce Settlement To Charity

The actress wanted to make it clear that “money played no role” for her in her divorce from Johnny Depp.

Robert De Niro gets the go ahead to build 'highest quality' luxury boutique hotel in central London

The hotel will be built between Wellington Street, Tavistock Street, Burleigh Street and Exeter Street, in the heart of London's West End.

Russian billionaire tried to buy The Daily Telegraph

It is not the only bid for The Daily Telegraph the Barclay brothers have rebuffed this year, the FT added.

Old Money goes High-Tech: No Commoners Allowed

For sellers, the discrete digital conclaves are like a pick ’n’ mix of wealthy families increasingly drawn to private equity.

Tea boy working at McDonald’s becomes millionaire owns Gold Bentley

It was a part-time job, but I always see everything I do as an opportunity to keep learning.

Cyprus offers Thai investors EU citizenship

Competitive deals over its EU counterparts include lower capital-gains tax and lower minimum capital

It's official: Playboy's Hugh Hefner has $100 million and a new landlord

The longtime Holmby Hills home and workspace of Hugh Hefner, the mansion sold for $100 million, the biggest home sale ever recorded in Los Angeles County.

Billionaire Soros' namesake fund doubled down against the S&P 500

Puts are used for a downside bet.

Hedge fund manager Tepper is 'on guard' toward the market

Tepper believes that valuations, while on the high side, aren't overly rich in many tech and blue-chip stocks, added the person, and that central bank stimulus, which has distorted bond markets around the world already, may be starting to affect stoc

Hanwha chairman’s sons in succession race

Kim’s third son Kim Dong-seon, who studied at Dartmouth College, also joined Hanwha Engineering & Construction in 2014

Richard Branson talks about his 'debilitating' shyness, climate change, and being a father

But do you see the rising inequality in our society as a problem?

Surging shares turn Swedish sisters into billionaires

Stocks of family's investment firm hit record high, partly on Stockholm's rising real estate values

Rich Chinese shift focus from investment to health care

They exercised 16 times on average each month – up from 14 times last year, with running still the favourite form of exercise, followed by swimming, yoga, walking and golf.

Extremely Wealthy