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Extremely Wealthy

10/24/2013

Sophia Loren Cleared of Tax Evasion After 40 Years

The star declared less income at the time because her compensation from the film Il viaggio was deferred, meaning she was moved to a lower tax bracket.

10/21/2013

A billionaire's economic theory, via Youtube and cartoons

Dalio's approach may be a more practical way to think about the economic cause-and-effect relationships.

10/20/2013

Chanda Kochhar rises in Fortune list of top-50 women business leaders

Kochhar has moved up a rung to the fourth position from the fifth spot in the 2012

10/19/2013

The multimillion-dollar question - can we really have it all? Self-made magnate Lynn Forester De Rothschild on every working mother's dilemma

It’s quite simple: do you want more time with your family or more involvement in your professional life?

10/19/2013

Christie's auction tops off good week for Italian art in London

Records set for work by lesser known artists

10/19/2013

Ireland's second biggest bondholder has Rolling Stones play private show

The private Rolling Stones concert in Paris last October is reputed to have cost €10m

10/15/2013

Facebook CEO buys ALL his neighbours' houses all worth $30 million

The billionaire reportedly spent $30million buying the 4 homes next to his Palo Alto, California home.

10/15/2013

Forbes China Rich List 2013: Dalian Wanda's Wang Jianlin Tops The Billionaire List

China now has 168 billionaires, Forbes reports with its annual China Rich List.

10/13/2013

Ever hear the one about the Russian millionaire who walked into a bar?

Things rich people do: have 'receipt wars'

10/13/2013

Motorist gets £80,000 fine for speeding… because he's rich

A motorist was handed an eye-watering £80,000 fine for speeding by police - because he is rich.

10/12/2013

Hedge Fund Billionaire Cohen to Auction Artworks, Insiders Say

With mounting legal fees and possible penalties to be paid as part of a settlement related to criminal insider trading charges brought against his fund

10/10/2013

Who Will Be The World`s First Trillionaire?

Two generations ahead, future extrapolation of current wealth growth rates yields almost a billion millionaires.

10/10/2013

Shiv Nadar awarded 2013 BNP Paribas Grand Prix for Individual Philanthropy

The award was given to him at an event hosted on October 10th, 2013 at the Salons de l'Orangerie, the BNP Paribas headquarters in Paris, for his unparalleled efforts in philanthropy.

10/09/2013

Artful Dodgers: The Billionaires Who Cheated On Their Taxes

Who’s more powerful than a billionaire? The taxman, of course.

10/09/2013

J.P. Morgan's 1795 Cognac, Wine, Yacht China, Artwork, and New York Yacht Club Flags from His Yacht "Corsair" to Sell at Auction

The auction includes “The Flagship China” from Corsair. Fine dinnerware and serving pieces adorned with N.Y.Y.C. burgee, Commodore’s flag and “Flagship” on banner.

10/07/2013

Billionaire Andrew Forrest enters Rinehart family feud

The matter was adjourned for several hours after the court heard she had nominated a possible replacement trustee.

10/06/2013

Auction houses like Christie’s now eye vintage cars, firearms in India

There are a few new categories that we had not even thought of in India yet

10/06/2013

Egg-Sized Diamond Sells for Record-Setting $30 Million

Diamond Prices Keep Breaking Records.

10/02/2013

Billionaire adopts girlfriend to safeguard wealth in wrongful-death lawsuit

The lawyer said that the adoption was done for estate-planning purposes and to ensure protection of both his and her minor children and the stability of all the family investments.

10/01/2013

Billionaire’s son leaves $7M debt after fleeing

Daddy’s little rich kid apparently never learned to pay his bills.

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