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Extremely Wealthy

06/03/2014

Russian billionaire eyes investment in European telecoms

Mikhail Fridman’s Alfa-Group to invest proceeds from sale of oil firm TNK-BP

06/02/2014

Gauri Khan launches her own signature line in Dubai

With the launch of her signature line in Dubai, Gauri Khan expands her designer dreams to international shores

06/02/2014

Warren Buffett lunch auction begins Sunday at $25,0000

The lunch auction has become an important source of money for Glide

06/02/2014

Kazakh-born property mogul ‘front-runner’ to buy Aston Villa

Villa were formally put up for sale by their American owner, Randy Lerner, earlier this month and are expected to fetch at least £250m

06/02/2014

The King of Spain Steps Down, and Some Twitterati Call for Abolition of the Monarchy

Spaniards got a bit of shock this morning: Spain’s King Juan Carlos is abdicating and handing the throne to his son, Crown Prince Felipe.

05/30/2014

Hong Kong realty tycoon remains silent on investment strategy in China

China Youth Daily, the official newspaper of the Communist Youth League of China, said that Li has clearly expressed his investment strategy in the mainland through a litany of defining moves, widely reported in local media over recent years.

05/30/2014

Wealth-X UHNW Valuation Update: Donald Sterling's Net Worth To Rise To US$2.2 Billion After US$2 Billion Sale Of LA Clippers To Ex-Microsoft CEO Steve Ballmer

Wealth-X is the world's leading ultra high net worth (UHNW) intelligence and prospecting firm

05/30/2014

Parsley CEO Emerges as One of Youngest U.S. Billionaires

The company has about 112,000 net acres and stakes in 555 wells in the Permian Basin

05/30/2014

Falcone to FCC: ‘Take action’ to reverse hedge fund losses

Billionaire investor Phil Falcone is turning up the heat on Uncle Sam.

05/29/2014

The clock is ticking for the traditional elite

Britain’s ruling class can only survive by opening itself up to ordinary people

05/28/2014

Kim Kardashian and Kanye West's Combined Net Worth Estimated At US$155 Million After "Kimye" Florentine Wedding

The couple married in an extravagant, multi-million-dollar ceremony

05/28/2014

What Billionaire Malcolm Glazer's Death Means For Manchester United

The death of billionaire Malcolm Glazer caught many by surprise, particularly fans and investors in Manchester United.

05/28/2014

10 Indian college dropouts who are millionaires today

There are Indians who haven't quite followed the norm of drowning themselves in books to get a college degree.

05/27/2014

Billionaire Ordered to Lower Stake in His Bank to 40%

The Reserve Bank of India, which is also the nation’s banking regulator

05/27/2014

Horse racing industry plans to treble international investment

British Horseracing Authority aims to expand the size of the industry through overseas investment, "sexier" betting and more UK breeding

05/27/2014

Lady De Rothschild: Inclusive capitalism is an oxymoron

''It is really dangerous when business is viewed as one of society's problems'

05/27/2014

Doris Buffett can’t match her brother’s billion-dollar gifts, but she connects directly

It's rare for philanthropists to respond to individual requests

05/26/2014

How 'Fast Eddie' came skidding off the rails

Eddie Davenport’s court appearance this week marked the end to a life of fame, fortune – and audacious fraud

05/26/2014

Watching the wealth of young tech millionaires

The sudden rise of young tech millionaires is posing a problem for financial advisers who are struggling to connect with a new generation of wealthy individuals.

05/26/2014

The tycoon who owns a record $147M mansion

Who is Barry Rosenstein, the New York financier who bought a Hamptons home for $147 million?

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