02/21/2014
The business magazine said when it first started computing the wealth of Malaysia’s 40 Richest individuals in 2002, their combined assets stood at RM41.7 billion and Robert Kuok Hock Nien came out on top.
02/21/2014
French police have identified the body of Hong Kong-based tycoon Lam Kok, who was in a helicopter crash in France's wine-growing Bordeaux region as he flew over a newly acquired wine estate.
02/21/2014
As Bloomberg Businessweek’s Nick Summers pointed out not long ago, charitable giving on the part of the country’s wealthiest people has not kept pace with the increase in their net worth since the financial crisis.
02/20/2014
Tesla Motors Inc founder and CEO Elon Musk’s net worth rose by 7.8% to US$9.7 billion after stocks of the electric car company jumped 12.6% in extended trading
02/19/2014
How hedge-fund mogul Tom Steyer is using his checkbook to punish climate-change deniers, persuade Obama to halt the Keystone XL pipeline, and try to save the planet.
02/19/2014
The former chief executives of two high-profile German companies, Deutsche Bank AG and Siemens AG, have signed on to run the holding company of Russian oligarch Viktor Vekselberg.
02/19/2014
The money will largely go to the college’s financial aid program as Harvard seeks to blunt criticism that higher education has become the province of the 1 percent.
02/18/2014
As Billionaire Wealth Skyrockets, Here's What Happens to Their Philanthropy
As Businessweek Bloomberg writes, "Giving is up since the financial crisis. But while the stock market has made a complete recovery, top-50 philanthropy has clearly not."
02/18/2014
6 Supermodels Who Challenged Stereotypes and Became Wildly Successful Entrepreneurs
The Brazilian beauty is the highest-paid model in living history as her wealth is more than $250 million.
02/17/2014
I want to be rich. So do you.
02/17/2014
Ben Goldsmith, son of the late billionaire financier Sir James, has lured a cast of blue-chip investors and prominent business families into a €250m green fund to back technology companies.
02/17/2014
Prince William has vowed to destroy all 1,200 ivory artefacts in Buckingham Palace to 'send a message' to illegal elephant poachers.
02/17/2014
Frenchman Sidney Gavignet and team on EFG Bank sailed an impressive, tactical 60-nautical mile sprint from Abu Dhabi to Dubai, to win leg three.
02/14/2014
Negotiating a stock swap, according to documents submitted late on Wednesday to the US markets regulator, the Securities and Exchange Commission.
02/13/2014
Rising income at Manchester United will be spent on new players to boost their lacklustre performance.
02/13/2014
US billionaire buys Irish golf resort
American billionaire has bought a golf resort in County Clare in the Republic of Ireland.
02/12/2014
You may have seen Mark Axelowitz—a managing director at UBS Private Wealth Management—on television before.
02/12/2014
U.S. millionaires view real estate as the top alternative-asset class to own this year
02/12/2014
Hogan Lovells has picked up the mandate to represent Ukranian industrialist Victor Pinchuk in his $2bn High Court battle after White & Case was debarred from the case.
02/12/2014
It might be just a fancy amber and gold light shade, but the newest designer installation at Harrods is the symbol of so much more.