08/20/2012
Owning a private island is something very few people can even dream of. But some of the super-rich not only own a slice of paradise, they’ve also managed to turn these exotic destinations into a lucrative business opportunity
08/14/2012
According to a new list that tracks China’s young and wealthy, none of the wealthiest people born after 1980 graduated from Peking University or Tsinghua University, China’s top two universities.
08/12/2012
Soros proposed to Bolton, 40, a few weeks ago during a weekend visit to the Hamptons, a summer beachside colony on Long Island frequented by New York's wealthy.
08/06/2012
Amancio Ortega, the septuagenarian Spaniard who founded retailer Inditex SA, has bumped Warren Buffett from his perch as the world’s third-richest person.
08/06/2012
“If their step-by-step road map goes to plan, I think it could be quite promising in the longer term,” Ben Taylor, a research fellow in the planetary environments team at the University of Surrey in Guildford, England, said by phone.
08/01/2012
The L’Oreal SA heiress, 89, bought the 0.6-square mile D’Arros Island and several smaller islands in 1998. The buyer, Geneva-based Save Our Seas Foundation, plans to turn the islands into a nature reserve.
08/01/2012
The source of funding for the restoration project, though, has generated some controversy. $30 million doesn’t sound like a lot, when you’re talking about fixing up one of the most famous historical landmarks on the planet.
07/31/2012
Developed by Singapore-based SC Global and designed by architect Kerry Hill, the condominium is marketed as Singapore’s only beachfront condominium, equipped with an infinity pool and a private beach resort.
07/30/2012
Qatar’s sovereign wealth fund, which spent £1.5billion buying the Knightsbridge department store in 2010, opened its upmarket tills to hike the annual pay-out 342 per cent following a record year.
07/30/2012
Deutsche Bank and the PGA Tour have reached an agreement in principle on a four-year contract extension that, barring any setbacks, will keep the German bank as title sponsor of the Deutsche Bank Championship through 2016.
07/29/2012
The ship, called Azzam, is under construction at a shipyard in Germany, according to SuperYachtTimes.com. It’s expected to measure 180 meters, or around 590 feet — or the size one-and-a half football fields, plus a basketball court.
07/26/2012
His father is Zeng Qinghong, a top Communist Party cadre and former Beijing kingmaker (think Graham Richardson and the Labor Party of the 1990s) who is credited with brokering the deal that saw Xi Jinping catapulted into pole position in the race to becom