Managers of Wealth

Renewed taste for risk among wealthy investors

It's taken Gerry Harvey nearly six years to get to this point but the retail baron says he is ready to roll the dice and take on riskier investment bets.

Hedge-Fund Founder Robert W. Wilson Leaves Art to Whitney

Robert W. Wilson, the hedge-fund manager who lept to his death last month from his New York residence, gave his art collection to the Whitney Museum of American Art in Manhattan.

Slim's Telmex ordered to stop asset spin-off

The fixed-line business of Mexican billionaire Carlos Slim on Thursday rejected suggestions that it was divesting assets to avoid tougher regulation after a judge ordered the company

Beanie Babies creator gets probation in tax evasion

The billionaire creator of Beanie Babies was sentenced to two years of probation, but no prison time

Marcos jewels are ill-gotten: Court

A jewellery collection owned by former first lady Imelda Marcos was “ill-gotten”, a Philippine court has ruled, potentially paving the way for an auction of millions of dollars’ worth of seized treasures.

Citi's Ex-Hedge Fund Chief Loses $1 Million in Deep-Sea Treasure Hunt

The deal started with a treasure map, supposedly bought from a drifter at a saloon in Key West for $500.

Wealthy Investors Look Outside U.S. Borders

Almost half of UHNW investors have no interest in investing outside the United States.

Millionaire Spending: Take Me Out to the Symphony

Millionaires surveyed about their annual expenditures indicated finds strong spectactor support for the arts over sports.

Bill Gates steams in to buy Irish bonds in bet on recovery

The world's richest man, Microsoft billionaire Bill Gates, has steamed in to buy Irish bonds as the threat of default was extinguished.

Rolls-Royce Holding PLC : Simon Cowell's black Bugatti Veyron up for auction

The 'Syco' boss, who also owns a luxury Rolls Royce worth 300,000 pounds, drove his Bugatti only 1,300 miles over five years.

China's Yinren buys world's second biggest diamond bank

The Antwerp bank provides financing to the diamond trade and has 75 years of experience in the industry.

C Hoare & Co banking decendent caught drink-driving BMW to collect group of girls

Henry Hoare, 18, a finance student at Bristol University, was at his family's Belgravia property when he received an early hours call asking for a lift

Chelsea’s Eto’o Tops List Of Wealthiest Foreign-Born English Premier League Footballers

The combined fortunes of the 10 footballers on the list is £245 million

Multi-millionaire businesswoman forced to close restaurant as ‘stay at home mums don’t go out for dinner’

A TOP City executive who juggled her career with raising six children has blamed the failure of her London restaurant on stay-at-home mothers.

Murdoch sells stake in China Star TV to govt firm

Sources said the move will lessen foreign presence in China's broadcasting and movie market at a time when the local entertainment industry has emerged as the world's second largest after the United States.

Asian billionaire Li Ka-shing backs Bitcoin by investing in BitPay

BitPay has long been gunning to establish itself as the largest payment service for people who use virtual currencies such as BitCoin.

Singapore court awards $23M in Marcos money to PNB

The court, in the report, said it affirmed the High Court ruling that the PNB held the legal title to the funds as depositor of the money as well as original account holder with WestLB, the Germany-based bank that held the money.

Beanie Baby Billionaire Seeks to Avoid Jail for Tax Evasion

Warner is among more than 100 people prosecuted in the past five years during a U.S. crackdown on offshore tax evasion.

The Pope's Criticism Of Capitalism Has One Wealthy Donor Very Upset

Pope Francis' critical comments about the wealthy and capitalism have at least one wealthy capitalist benefactor hesitant about giving financial support to one of the church's major fundraising projects.

Billionaires Worth $3.7 Trillion Surge as Gates Wins 2013

The richest people on the planet got even richer in 2013, adding $524 billion to their collective net worth

Extremely Wealthy