04/14/2015
Where do Africa's multimillionaires live?
However these days, they can take a stroll around Victoria Island, an exclusive neighborhood in Lagos where brands like Porsche, Hugo Boss and Ermenegildo Zegna line the streets.
Extremely Wealthy
04/13/2015
Multi-Millionaire Who Wants To Live Forever Offers $1 Million To Whoever Reaches 123 Years Old
The senior partner of the Hong Kong-based Deep Knowledge Ventures, Dmitry Kaminskiy, hopes his offer of cash will trigger a new group of what is known as “supercenternarians.”
04/13/2015
Ricci perfumes heiress found guilty in HSBC tax fraud case
She was tried on charges that she hid more than $22 million (15 million pounds) from the French tax authorities using accounts and offshore entities based in Panama.
04/12/2015
Soccer millionaire Angel Di Maria sold for 20 footballs
Portugal`s Benfica paid Rosario Central more than five million euros for the 19-year-old di Maria in 2007.
04/12/2015
Asia's Richest Add $64 Billion as the Market Frenzy Rolls On
China's top 17 billionaires are up more than $50 billion. Hong Kong's 10 richest have increased their wealth by $20 billion.
04/10/2015
Nigerian Banking Tycoon Jim Ovia To Sell Stake In Telecoms Firm To MTN
Visafone, which Ovia founded in 2007, is a Code division multiple access
04/08/2015
Billionaire Cohen Said to Sell $25 Million Dubuffet ‘Paris’
Billionaire money manager Steven A. Cohen is selling a dense, vibrant 1961 Jean Dubuffet painting valued at $25 million
04/08/2015
Billionaire Igor Olenicoff, Guilty of Making Knockoffs of Famous Artworks, Will Pay Zero
California real estate billionaire Igor Olenicoff—who Forbes says is worth $3.8 billion—has managed to hold on to another cool half-million of his cash
04/08/2015
Asia’s Richest Woman Looks Past China to Dodge Iron Gloom
Asia-Pacific’s richest woman is gearing up to start shipments from her $10 billion iron ore project in Australia
04/07/2015
Multi-millionaire's wife allocates him $40 a day 'pocket' money
The wife of the multi-millionaire founder of UK chain store Poundland gives him just $40 a day in "pocket money" because he can't be trusted with money
04/07/2015
‘Robin Hood’ Billionaire Buys $71 Million Palm Beach Home
Tudor Jones, who founded Tudor Investment Corp., a private asset-management company, is ranked No. 352 on the Forbes list of the world’s billionaires
04/06/2015
Rupert Murdoch's US empire siphons $4.5b from Australian business virtually tax-free
Rupert Murdoch's media empire in the US has siphoned off $4.5 billion of cash and shares from his Australian media businesses in the past two years, virtually tax free.
04/06/2015
Hong Kong tycoon emerges as top tycoon fee payer
Hong Kong tycoon has by far been the most active deal-maker in Asia and generated the most fees for investment banks since 2000
04/06/2015
Billionaire Dubai Sheikh To Build Six-Storey Car Park For Over 100 Luxury Motors In London
With a fleet of over 100 luxury motors, the ruler of Dubai is all set to build a personal six-storey car park in London
04/02/2015
Brazil’s Richest Man May Reap $5.6 Billion in Kraft-Heinz Merger
Brazil’s richest man Jorge Paulo Lemann may add more than $5 billion to his personal fortune after ketchup maker H.J. Heinz merges with Kraft Foods Group Inc.
04/02/2015
'Black Jack' Dellal's wife demands £400 million of his fortune
Wife of ‘Black Jack’ Dellal, who gambled £1.7m in a night, wins round of court battle over will
04/02/2015
China’s IPO Boom Mints Billionaires
The unending appetite for new issues enriches founders
04/01/2015
Bolivians flash wealth with colorful mansions
La Paz, Bolivia: Splashed in bright colors, sporting swank ballrooms and lavish apartments, new mansions are popping up in poor neighborhoods in the Bolivian highlands, built by the booming nouveau riche of the indigenous Aymara.
04/01/2015
High-Net-Worth Investors Propose $88 Million for Revel Casino
The new proposal comes just on time as tomorrow a court hearing is scheduled and the Revel Casino sale is expected to move forward.
03/31/2015
Cohen's private investments deliver strong 7.5 percent gain in Q1
Federal prosecutors forced Cohen to shut down his hedge fund SAC Capital and return money to outside investors after the fund pleaded guilty to insider trading charges.