08/21/2012
Though the number of billionaires has actually declined, by 15.8 per cent, the other two categories saw sizeable increases. WealthInsight has predicted that the number of ultra-wealthy individuals in South Africa will increase.
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.