10/21/2016
China’s New Billionaires Worry About Leaving ‘Untested’ Heirs in Charge of Their Money
These billionaires have reason to worry, as current economic turbulence means that their wealth can be fleeting in China.
Extremely Wealthy
10/21/2016
Michael Bloomberg donates $50 million to Boston Museum of Science
Contribution is largest in institution’s history, will fund endowment to support education division named for his parents
10/20/2016
Steven Cohen May Return to Hedge Fund Industry When Ban Expires
Steven Cohen considered by many to be one of the most successful stock traders of his generation
10/20/2016
Millionaire businessman told intruders: 'I don't deal weed, I work for an insurance company'
The call captured the 51-year-old begging for help and also being asked for weed money by the raiders.
10/20/2016
What Asian billionaires can learn from Germans and Swiss
European billionaires, particularly the Germans and the Swiss are relatively more efficient at creating and keeping wealth
10/20/2016
How the next generation is shaping a new future with old money
Giving Pledge signatories promise to devote at least half their fortunes to philanthropy.
10/19/2016
Most SA billionaires live in Joburg - report
Johannesburg is home to 17 600 millionaires and two billionaires
10/19/2016
Wissam Al Mana's Net Worth May Be Insanely High, But He's All About Famil
Wissam Al Mana's net worth is actually estimated to be $1 billion dollars.
10/19/2016
Wedding bells! Yes Bank CEO's daughter to marry financial investor Aditya Khanna
Meena Renjen, Rana Kapoor’s sister, flew down from New York for the ceremony.
10/18/2016
More Chinese billionaires highlights growing wealth gap
One hundred and thirteen Asians, 80 from China, joined the billionaire ranks in 2015, which accounts for 54 percent of the global total.
10/18/2016
Super-rich consider their continental options
Tax tourism and the fallout from Brexit undermine London’s appeal
10/18/2016
Diamond Billionaire Oppenheimer Backs New Hedge Fund Startup
The introduction of new rules a year ago for the industry has opened hedge funds up to more investors in a country which has 2 trillion rand of investments in mutual funds.
10/18/2016
Bernard Arnault designated his 24-year-old son as the new CEO of Rimowa
The 67-years-old businessman constantly struggled to teach his children to be responsible.
10/18/2016
Jeff Bezos' Blue Origin Will Take Tourists to Space by 2018
The New Shepard’s “in-flight escape” systems, which would safely bring passengers to the ground in the case of an aborted launch
10/17/2016
Blaming a Mexican Billionaire
We’re going to let foreign corporations and their CEOs decide the outcomes of the. You just can’t do this.
10/14/2016
China’s Rich List Reveals the Rise of a New Wave of Wealthy Chinese
Today it is about using the capital markets for financial investment.
10/14/2016
Billionaires’ wealth falls as second ‘Gilded Age’ loses shine
Over the past 20 years billionaires have increased their wealth sevenfold double the rate of global stock market growth
10/14/2016
The rich aren't getting richer these days
Mining and energy billionaires were hit the hardest, with their average wealth dropping by almost a fifth last year, according to the report.
10/14/2016
UBS: Billionaires To Pass Down $2.1 Trillion To Heirs By 2040 In History's Largest Wealth Transfer
That’s according to UBS/PwC Billionaires Report, released Thursday.
10/13/2016
China corporate raider’s wealth soars ninefold to $17bn
Baoneng chairman Yao Zhenhua surges up Hurun rich list but Wang Jianlin and Jack Ma retain top spots