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
Extremely Wealthy
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.
03/29/2015
America's famous business brothers: Meet the Pruzans
Jon is younger brother to Robert, whose boutique investment bank, Centerview Partners, served as the sole adviser to Kraft Foods
03/29/2015
Mystery surrounds wealth of Bucks family accused of fraud
The Attorney General's Office claims the family, known for its longtime support of local Republicans and headed by 67-year-old Claire Risoldi
03/29/2015
Hinduja brothers, Lakshmi Mittal occupy top positions in UK's Asian Rich List
The net wealth of the top 101 in the Asian Rich List 2015 totals 54.48 billion pounds - a rise of 2.95 billion pounds over last year, with the Hinduja brothers and Lakshmi Mittal ranking number one and two.
03/27/2015
Apple's Tim Cook will give away all his money: Fortune
Fortune magazine cited the head of the world's largest technology corporation as saying he planned to donate his estimated $785 million fortune to charity - after paying for his 10-year-old nephew's college education.
03/27/2015
In Silicon Valley, Auto Racing Becomes a Favorite Hobby for Tech Elites
He once led the company’s mapping division, and he now works on secret projects at Google X, the company’s far-out research lab.
03/26/2015
Wall Street Titans Who Caused Financial Crisis Still Living Large Today
The April 2015 edition of Vanity Fair includes a feature article titled “Wall Street Executives from the Financial Crisis of 2008: Where Are They Now?”
03/26/2015
Billionaire investor Warren Buffett's love-hate relationship with private equity
The world's most famous investor, Warren Buffett, is jumping into bed with private equity to help finance a mega merger of the iconic Heinz and Kraft food companies, despite being a vocal critic of the "leveraged buyout" sector.
03/25/2015
Everwin Precision’s Chairman Becomes Billionaire
Chairman of Shenzhen Everwin Precision Technology Co., became a billionaire as the stock jumped to a record
03/25/2015
States with the most multimillionaires
The United States is home to 69,560 UHNW individuals, more than any other country in the world.
03/24/2015
Millionaire Robert Durst returning to New Orleans court; lawyers say he was illegally arrested
They also contend his arrest was orchestrated to coincide with the last episode of the HBO show about him.