04/27/2017
Almost all of luxury fashion is now owned by two French families
The elder Arnault has been the chairman and CEO of the company since then
Extremely Wealthy
04/25/2017
Billionaire Arnault's LVMH Buying Christian Dior for $13 Billion
Dior investors also can choose all cash or all Hermes stock in the deal
04/25/2017
This Hedge Fund May Be Poised to Create the Most Billionaires
Laufer joins Simons among world’s richest on Medallion returns
04/23/2017
Five of UK’s richest men bankrolled Brexit
The quintet together channelled nearly £14.9m to Brexit-backing campaign groups.
04/18/2017
Brother of Japan's richest man moves to Singapore: 7 things about tech tycoon Taizo Son
He made worldwide headlines last December when he met US President Donald Trump and agreed to invest US$50 billion in the US.
04/17/2017
'Saudi Arabia's Prince Alwaleed bin Talal remains on top of world's richest Arabs list'
Qatar's former prime minister, Hamad bin Jassim bin Jaber Al Thani, who has an estimated net worth of USD 1.3 billion.
04/16/2017
This Yale Grad Could Be the next Emoji Millionaire
MojiLaLa is billing itself as the Netflix for emojis and it is on track to be huge.
04/11/2017
Egyptian billionaire launches new bank in Europe
RiverBank is an independent Luxembourg based Pan-European lender that specialises in providing loans to small and medium-sized businesses.
04/11/2017
Self-made millionaire Eugene Lang set his kids up for success by not leaving them a dime
Apparently his children didn't feel deprived
04/10/2017
Philanthropist dollars often come with strings attached
One thing that is changing is that its power relative to government is growing.
04/09/2017
Wall Street Made Charles Murphy Successful and Rich, but Happiness Eluded Him
After his apparent suicide, friends say the brilliant, commanding, sometimes abrasive banker suffered from depression—and grew despondent maintaining the charmed life he built for his family
04/08/2017
Gina Rinehart Just Can't Escape The Wrath Of Her Kids
In 2013, Hope Welker settled for $45 million.
04/07/2017
Laura Ashley boss to pay ex-wife divorce settlement of £64m
Khoo Kay Peng and Pauline Chai were involved in long-running divorce row following split after 42 years of marriage
04/07/2017
Billionaire Pritzker Joins Illinois Governor Race
Governor’s contest could be one of most expensive in history
04/07/2017
10 major risks faced by South Africa’s wealthy
NWW’s data suggested that up until the end of 2015, as many as 19,000 of the country’s wealthiest individuals – predominantly white – had bailed on the country over the past 15 years.
04/07/2017
Tycoons On 2017 Forbes Japan Rich List See Upswing In Wealth
Telecom tycoon Masayoshi Son moves into the top spot from No. 2 last year and is the biggest gainer in dollar terms.
04/06/2017
Dubai car crash leads Syrian millionaire to give away all his wealth
After spending one night in a cell, Dumato came to the conclusion that it was time for him to re-evaluate and alter his lifestyle, give away his businesses and go travelling as he sought happiness.
04/06/2017
Heathrow owner halts future UK investment over Brexit
A public consultation on a third runway at Heathrow ends on 25 May.
04/06/2017
Sir Michael Caine says he voted for Brexit because he would 'rather be a poor master than a rich servant'
Actor also reveals why he's unlikely to retire anytime soon
04/05/2017
Why Billionaire Brad Jacobs Is Putting Dealmaking on Hold
Brad Jacobs has executed more than 500 deals in three decades