02/06/2015
Billionaire hedge fund manager explains why banker pay is way more screwed up than hedge fund manager pay
Since the financial crisis, hedge funds for the most part have struggled to produce strong returns relative to passive strategies making it difficult to justify the fees they’re paid.
02/06/2015
Where do the world's 2,089 billionaires live?
The world now has a record 2,089 billionaires – and for the first time, India has more of them than Britain or Russia
02/06/2015
Their recent publication reveals that India has for the first time overtaken Britain and Russia in terms of the number of billionaires living in its borders.
02/04/2015
Sieja, kCura land $125 million from heavyweight backers
It functions as a wealth-management firm for family offices of high-net-worth individuals but also makes venture investments.
02/04/2015
Mining tycoon Gina Rinehart retains the top spot on the latest Forbes Australia Rich List.
02/04/2015
Top spot was snatched by solar energy entrepreneur Li Hejun
02/03/2015
To be rich ... The wealthy eat better food, go to better schools, wear better clothes and more.
He travelled all over the world to castles and penthouses to see how the other half really live.
02/02/2015
Outside investors are shopping for auto retailers in greater numbers and with larger checkbooks than the industry has ever seen.
02/02/2015
The real cost of owning a superyacht
Superyachts are generally owned by Ultra High Net Worth Individuals
02/02/2015
Chinese millionaires spending 5pc less on gifting: report
Chinese consumers’ preferences when gifting have shifted, and Apple has displaced traditional luxury brands such as Hermès and Louis Vuitton as the top choice of brand for presents.
02/02/2015
Hedge fund billionaire's ex-wife seeks $1m a month to raise kids
He said those include $300,000 a month for private-jet travel
02/02/2015
Steven Cohen said agreed to buy $35m mansion
Billionaire Steven A. Cohen agreed to buy a newly constructed nine-bedroom mansion in Beverly Hills, California, listed for $35 million, according to a person with knowledge of the purchase.
01/30/2015
Charlize Theron Net Worth, charlize theron, monster, dior, sean penn, charlize theron and sean penn, madonna, robin wright, Marriage, South Africa
01/29/2015
The soaring Asian interest in Australian real estate boosted property tycoons across the board but none more so than flamboyant Sydney developer Harry Triguboff.
01/29/2015
His plans to merge all non-property assets of his two companies Cheung Kong Holdings and Hutchinson Whampoa.
01/28/2015
Ottawa will accept up to 500 applications, but only 60 millionaires can make the cut — for now.
01/27/2015
Few things symbolise the towering ambition of India’s super-rich better than the world’s tallest building.
01/27/2015
The move will see Ortega become the landlord of Spanish fashion brands including Spain's Mango and Swedish clothes retailer H&M.
01/27/2015
Ultra-wealthy financiers are buying land, homes and airstrips in countries such as New Zealand to escape to in case the poor rise up against wealth inequality.
01/26/2015
King Farouk – the final ruler of the 150-year Mohammed Ali dynasty whose long-forgotten memoirs were unearthed by Al Arabiya News last year – lost the most.