12/07/2015
Keurig Green Mountain to Be Bought for $13.9 Billion
The all-cash deal, offering an eye-popping premium of 78 percent, took analysts and investors by surprise.
Extremely Wealthy
12/06/2015
Egyptian tycoon, US investor eye Adidas
It could set its sights on Germany's Adidas, which has struggled to keep pace with bigger rival Nike in recent years and is currently looking for a successor to veteran CEO Herbert Hainer.
12/04/2015
The Incredible Shrinking Firms Of Hedge Fund Billionaires
By the end of July 2015, Ackman’s hedge fund was up by another 10% net of fees and managing $20.2 billion. Ackman seemed like a genius.
12/04/2015
Billionaire lifts stake in InterContinental Hotels
It appears that a Dutch billionaire plans on extending his stay on the FTSE 100 company’s shareholder register.
12/04/2015
Branson to launch Virgin Galactic rockets into space from jumbo jet
Boeing 747 named Cosmic Girl to be used as launchpad for space travel
12/04/2015
Tanzania's Richest Man Mohammed Dewji Is Forbes Africa's Man Of The Year
Dewji, 40, is the fourth man to be named Person of the Year.
12/03/2015
Why a German billionaire says that pledges like Mark Zuckerberg’s are really bad
Together with Warren Buffett, they also created the Giving Pledge, which asks the richest people in the world to devote half or more of their fortunes to philanthropy.
12/02/2015
Facebook's Zuckerberg announces plan to donate 99% of his Facebook wealth to charity
The couple also said they are starting the Chan Zuckerberg Initiative, an organization to manage their money and “promote equality for all children in the next generation.
12/01/2015
Intesa Eyes London’s Rich Italians as Money Shifts From Zurich
Intesa will seek to initially manage the money of the richest among Italy’s 500,000 expatriates living in the U.K., before opening branches in New York and Hong Kong.
11/30/2015
Bill Gates Set to Launch Largest Clean Energy Fund Ever to Kick Off Climate Talks
At the summit, the world’s largest nations, including China, India and the U.S., are also expected to arrive at agreements for clean energy investment
11/30/2015
This South African native has lost nearly R50 billion in 2015
The 58 year old obtained a bachelor of arts/science degree at the University of Witwatersrand
11/26/2015
Rich Men Make More When They're Married
The opposite is true for poor men; their earnings peak around the fourth year of marriage, then steadily decline.
11/25/2015
Warren Buffett Net Worth: One of Forbes' Most Powerful People Shared His Secret To Becoming Rich
He is known for his corporate investments and his long term success smart investing.
11/24/2015
LeBron James Net Worth: Cleveland Cavaliers Superstar Buys a $21M Ohio Mansion
Cleveland Cavaliers superstar LeBron James buys a luxury property in the territory or stronghold of his NBA team, Ohio.
11/20/2015
Tiger remains on rich list
He hasn't won a golf major in seven years, but that hasn't put the brakes entirely on Tiger Woods' bank account
11/19/2015
Survival of the richest: how London's super-rich are trying to buy immortality
When you have everything you ever dreamed of, what’s left to want? Time to enjoy it, of course.
11/16/2015
Gina Rinehart buys $30m Glencoe for Wagyu expansion
It is likely the sale, which was advertised in Fairfax's The Land newspaper, is because of Mrs Rinehart's intention to replace the angus herd with the Wagyu breed.
11/15/2015
How A South African Billionaire Spends Some Of His Money
The family home is made for resort-style living, boating and low-maintenance, indoor-outdoor entertaining all year round.
11/13/2015
Hedge-fund boss gives millions to stay in EU
This bucks the trend of many hedge-fund owners who are being courted by the campaigns to leave the EU.
11/13/2015
Fugitive tycoon sells Hong Kong office tower for record HK$12.5bn
It is the most expensive office building sold in Hong Kong