Managers of Wealth

Asia’s Richest Man Says His Wealth ‘Underestimated’

“In at least the past 10 years, foreign magazines had underestimated my worth by half”

I'm not rich' Charlotte Church on why £11million is not enough to fund her lifestyle

Charlotte Church has revealed that while she has enough money left to live comfortably, she is by no means well-off and has admitted the need to find new ways to fund her extravagant lifestyle.

Bakries Say They Have All Funds Needed for London Exit

Indonesia’s Bakrie family said it has all the funds needed to meet the original terms of a deal to exit the coal-mining venture it founded with Nathaniel Rothschild, a week after announcing it was $65 million short.

Millionaire in a cheap suit: Next CEO Simon Wolfson has big plans for London

He’s part philanthropic dynasty, part political power couple and runs the high street chain Next.

Saudi Billionaire Prince Alwaleed Eyes $200 Million Stake in Square

Saudi Arabia's Kingdom Holding is close to buying a $200 million stake in Jack Dorsey's mobile payments startup Square

Revealed: The Wealthiest Oscar-Winning Actors

Nicholson Leads List With US$390 Million Fortune, 2014 Oscar Nominee Bullock Ranks Tenth

Formula One: Brazil’s biggest bank to sponsor Williams

Williams has secured another new commercial partner ahead of the new Formula One season, agreeing a deal with Brazil's largest bank.

Desmarais Join Bankers, Soldiers in North Pole Trek

Paul Desmarais III, scion of one of Canada’s richest families, is pitching a tent in the snow.

EFG Bank wins sailing endurance race

A consistent performance throughout the 15 days of racing including a second place in yesterday’s Leg 7, was enough for EFG Bank to be crowned overall winner of the EFG Sailing Arabia

Why Mark Zuckerberg's future points to Bill Gates' past

Different eras and different technologies, but both moguls share a common trait when it comes to pursuing their enlightened self interest.

Russian billionaire’s former wife detained in Cyprus over $25m ring

Elena Rybolovleva, the former wife of Russian billionaire Dmitry Rybolovlev who, pre-bailout, had almost a 10 per cent stake in Bank of Cyprus, was detained in Cyprus on Monday in connection with the alleged theft of a diamond ring believed to be worth $

Total Haul for KKR Co-Founders Is $327 Million for Banner Year in 2013

The 70-year-old cousins who co-founded KKR & Co. took home nearly $327 million together in 2013, their largest payout since the private-equity firm became a U.S.-listed company in 2010.

Fomer head of Renault F1 team to face trial over superyacht tax evasion

The former head of Renault F1 team is to be put on trial in Italy for evading VAT, fuel surcharges and other taxes on his superyacht

Billionaire Soros considers investing in European banks - paper

George Soros wants to invest in Europe's financial sector, according to a German magazine's interview with the billionaire investor on Sunday.

A man is not a plan: five strategies for women to get rich

Fashion legend Donatella Versace and beer heiress Charlene de Carvalho-Heineken are amongst the richest women in the world.

Holidaymakers angry after Saudi prince books out 3 Maldives resorts

Tourists looking forward to a dream holiday in the Maldives have been forced to change their plans after the Crown Prince of Saudi Arabia reportedly booked out three entire island resorts exclusively for himself

US hedge fund investor to put $100 million into climate change fight

A California hedge fund investor has pledged $100 million in contributions to pro-environmentalist congressional campaigns, bolstering the battle against climate change.

Combined wealth of Malaysia’s 40 richest surges 11.7 per cent to RM217.8 bln

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.

DNA test identifies Hong Kong tycoon killed in crash

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.

Citadel’s Ken Griffin Bucks the Trend of Billionaire Nongiving

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.

Extremely Wealthy