11/12/2014
Hedge fund billionaire is the secret buyer of Alberto Giacometti sculpture sold for $101M at auction
The rare 1951 bronze sculpture, one of only six created by Giacometti, features an elongated goddess-like figure perched atop a wheeled chariot.
11/12/2014
Wealth inequality, capital flight, tax evasion and a lack of financial transparency are issues that are particularly worrying for countries like Turkey, Brazil and China
11/11/2014
Which Business Schools Have The Most Billionaire Alumni?
Wealth-X also found that 21% of world’s billionaires who have pursued tertiary-level education have an MBA.
11/11/2014
Oil Baron To Fork Over US$1 Billion To Ex-Wife
To make sure Hamm — worth $14 billion as of this afternoon — is good for it, the court placed a lien on 20 million shares of Continental stock. Hamm owns 253 million shares, or more than 70% of Continental.
11/11/2014
Family scion dies in Kuala Lumpur car crash
He co-owned Neverland Group, which runs several nightspots, including club Sonar at Orchard Hotel, Neverland II at St James Power Station and Pixie Mansion (formerly Neverland KL) in the Malaysian capital.
11/11/2014
Ackermann Is Lured to Cyprus Bank by Billionaires
He is supported by the second-richest man in Russia Viktor Vekselberg and the US billionaire who made money investing in Bank of Ireland, Wilbur Ross.
11/11/2014
Life Insurance For Billionaires
As Life Insurance Becomes a Critical Component of Estate Plans, Often Ultra-Wealthy Families Need As Much Coverage As They Can Get. Family Offices And Specialty Providers Can Help
11/10/2014
Italian sovereign wealth fund buys 23% of Rocco Forte Hotels
Sir Rocco launched the hotel group with his sister Olga Polizzi in 1996. It consists of the Hotel Savoy in Florence, Brown’s in London and the Balmoral in Edinburgh.
11/10/2014
American billionaire builds stake in Secure Trust
American billionaire has built a near £40m stake in Secure Trust Bank, the lender that is challenging the dominance of Britain’s biggest banks.
11/10/2014
The rich sure are different from you and Mark Mascia.
Moneyman tells of servicing NYC’s elite clients
11/10/2014
Brazilian Billionaire Goes From Bananas to Gherkin
Savills and Deloitte Real Estate, who were handling the sale, received over 200 requests for buying the skyscraper.
11/10/2014
Meet the Wolf of Pot Street.
The crime-TV magnate invested $1.5 million in an April 9 preferred-stock offering
11/10/2014
Conditions include an acceptance level of more than 50 percent and no major changes such as a sale of strategic assets. Portugal Telecom rose as much as 15 percent in Lisbon.
11/07/2014
Forbes magazine has ranked Custodian of the Two Holy Mosques King Abdullah as the most powerful person in the region, and 11th on its world list.
11/07/2014
The Securities and Exchange Commission is trying to slash former billionaire Samuel Wyly’s “lavish” spending after his assets were frozen, telling a bankruptcy judge that the investor is planning a spree.
11/07/2014
The definitive agreement is expected to be completed this November, the firm said.
11/07/2014
Judicial Panel Rules That Cristina de Borbón Is no Longer Under Investigation for Money Laundering
11/06/2014
Australian hedge-fund manager Stephen Fisher says he was lucky to have bought his luxury home on Sentosa, a Singapore resort island that has attracted the wealthy, in 2005, before property curbs kicked in.
11/06/2014
The Bank of Japan’s unexpected stimulus has already made the country’s richest even wealthier, adding more than $3 billion to the four top billionaires’ net worth.
11/05/2014
Hong Kong billionaireto Buy $1.89 Billion of Planes to Enter Leasing
Asia’s richest man, is entering the plane-leasing market amid a surge in travel across the world’s most populous continent.