07/21/2014
Hong Kong Investor Group Buys Majority Stake In Forbes
Forbes magazine’s publisher has agreed to sell a majority stake of its media business to a Hong Kong-based group of investors for an undisclosed sum, Forbes Media said on Friday, capping an eight-month hunt for a buyer for the company.
07/21/2014
Naomi Campbell’s oligarch ex Vladislav Doronin has dropped Sidley Austin for Herbert Smith Freehills for the latest round of his High Court battle with his business partners.
07/21/2014
Mexican billionaire tycoon Calls For Three-Day Working Week To Improve Quality Of Life
Mexican billionaire tycoon, Carlos Slim, has called for the introduction of a three-day working week, offset by longer hours and a later retirement, as a way to improve people’s quality of life and create a more productive labour force.
07/21/2014
Fairfax Media Ltd., Australia’s second-largest newspaper publisher, rose after the Australian newspaper reported billionaire Gina Rinehart may be considering a takeover offer.
07/21/2014
Wealthy investors will use smartphones and tablets to research financial products but not for purchasing.
07/17/2014
As it stands now, if Argentina doesn’t pay a group of hedge fund managers over $US1.3 billion by July 30, the country could go into default.
07/17/2014
Former Formula One driver Christijan Albers has been confirmed as team principal of Caterham, sold recently to Swiss and Middle East investors.
07/15/2014
Roll out the Rolls, Bring on the Bentley; Wealth Loves Luxury Cars
07/14/2014
When Jamie Cooper-Hohn, the wife of the billionaire founder of The Children’s Investment Fund Management UK LLP, met Christopher Hohn at a dinner party while they were at Harvard University in the early 1990s, she asked what he wanted to do with his
07/11/2014
Tycoons Bruce Gyngell and Edward Lumley set up offshore tax empires
07/10/2014
Things are looking sunnier for Dalio.
07/10/2014
FRANCE now boasts 61 billionaires, compared to 55 last year
07/09/2014
But as the 77-year-old, who is worth nearly £500 million, touched down at Devonport Dockyard in Plymouth, Devon, he was greeted by torrential downpours and choppy seas.
07/09/2014
Mori Trust, which owns and manages about 30 hotels in Japan including the Shangri-La and Conrad in Tokyo, is trying to capture rising demand
07/09/2014
The wealthy are increasingly investing in art and other treasures stashed in free ports which offer discretion, high security and tax benefits.
07/08/2014
Details from Britain's biggest ever divorce can be reported despite objections from Sir Christopher Hohn, judge rules
07/08/2014
As if that weren’t enough for the 69-year-old investor, the Argentine investment could ultimately bring Elliott $3bn if he is paid every cent he claims he is owed, according to Argentina.
07/08/2014
Financial services minister Andrea Leadsom's brother-in-law also gave £1m to other rightwing causes
07/07/2014
Comparing the billionaires’ wealth in dollars or another global currency is so passé.
07/07/2014
Guo is flush with dough these days.