Managers of Wealth

Swedish tycoon richer by $1.9b as the richest gain $3b

Hennes & Mauritz, Europe's second-largest clothing retailer, surged 9.62 per cent for the week after the company posted its biggest profit increase in seven quarters.

Billionaire Oracle CEO Ellison buys Hawaiian island

Previous media reports put the price tag at between $500-million and $600-million, but the price was not revealed in Wednesday’s filing.

Bosses Rein In Banker Who Golfs With Obama

One of the biggest banks in the world wants the president’s favorite banker muzzled.

Billionaire tycoon Warren Buffett fires CEO Denis Abrams after he takes execs to Bermuda on the company dime

Denis Abrams and a group of Benjamin Moore executives had gone on a company-sponsored yacht trip for a luxury dinner cruise to celebrate a rise in quarterly sales, the first in five years.

The iron ore lady: Why the world's richest woman is mired in controversy

No one who knew Rinehart would ever doubt her passion for her industry, but such a public performance was uncharacteristic. While she had yet to trouble the global rich lists, Rinehart was none the less, by 2010, Australia's wealthiest woman.

Aberdeen Asset Management Sponsored Golfer to Compete at U.S. Open Championship

The U.S. Open Championship is one of four major tournaments each year in golf. Like the Open Championship in Britain, the U.S. Open is a competition between the world's best amateurs and professionals.

Italy's exclusive Billionaire club to close

In contrast, the exclusive nightclub in Porto Cervo flourished under Silvio Berlusconi, who has a large villa just along the coast and is a friend of Mr Briatore.

Ortega Is Europe’s Richest Man as Spain Ravaged by Debt

Ortega’s wealth has surged even as Spain reels from a financial crisis that has sent borrowing costs spiraling while joblessness hovers above 20 percent.

The World's Richest Dads On Raising Kids

Mega-wealthy dads come in all shapes and sizes, and all have their own parenting styles--especially when it comes to dealing with money.

Mercedes Benz to be sponsors of China Golf Association

The sport is very popular in China which has on an average 3 million golfers which is expected to double in the coming five years and hit a 12 million mark by 2023.

Buffett charity lunch auctioned for $3.46 million

That is how much an as-yet unknown bidder paid in the annual online charity auction for the right to lunch with the "Oracle of Omaha" and seven friends at the Smith & Wollensky steakhouse in Manhattan.

BMW declared as the most reputable company

Apart from BMW, Daimler (Mercedes Benz) and Volkswagen, the other auto manufactures which featured in the Top 100 reputed companies list include Honda Motors - 22, Toyota Motors - 37, Nissan Motors - 62, Suzuki Motors - 88 and Hyundai - 96.

DeLorean bicycle is a blast from the past

The DeLorean brand – best known for the modified car used in the 1984 film Back to the Future – has remerged from the past as a stainless steel-framed bicycle.

Audi pulls the plug on futuristic A2 electric car

The Audi A2 will not make its way to production as the German luxury automaker has decided to pull the plug on its all-electric city car project.

Reclusive billionaire selling ‘enchanted island’ in B.C. for $75M

A Post reporter visiting the island in 2006 was greeted at the dock by an island keeper driving a white Hummer equipped with a steel cage containing a German shepherd trained to sniff out invaders.

Hedge fund billionaire buys $49M Aspen palace

The lavish ranch, sold by Saudi Prince Bandar bin Sultan, was once the most expensive estate ever listed in the U.S., with a price tag in 2006 of $135 million.

Former CNET Gazillionaire Halsey Minor's Historic Mansions—And Reputation—Are In Heavy Disrepair

A historic Virginia plantation house he purchased in 2007, Carter's Grove, is falling apart, reports the Washington Post. A San Francisco property, the Koshland Mansion—sometimes called Le Petit Trianon, after the French palace it was modeled a

Cofidis extends sponsorship deal until the end of 2016

Cofidis has sponsored the team since 1997.

Audi Targets India with the Audi Q3

Audi is just steps away from claiming the top spot in the luxury car market in India’s growing market.

Picking today's royal investments

Sixty years is a very long time when it comes to savings and investment, but with life expectancy pushing 90 financial planning for the very long term is becoming a must.

Extremely Wealthy