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Extremely Wealthy

05/02/2017

Billionaire hedge fund manager Ken Griffin: 'My fantasy' is to break up the banks

Around midday, Trump said in an interview with Bloomberg News that he is considering breaking up Wall Street's giant banks. "I'm looking at that right now," he told the news organization.

05/02/2017

Røkke vows to leave bulk of his wealth to philanthropic interests

Shipbuilder Vard Holdings will design and build the research expedition vessel.

05/02/2017

Billionaire investor Bill Ackman lists his £3.5bn Pershing Square fund in London

Ackman told Bloomberg today that he will “probably stay away from pharmaceutical companies” following the bumper loss.

04/28/2017

Jeff Bezos Is Just $5 Billion Away From Being the World's Richest Person

Amazon shares added almost $50 after the company projected sales that may beat estimates in the current quarter

04/28/2017

Roger Federer and Bill Gates to play charity tennis match on 30 April 2017

Microsoft founder and iconic philanthropist Gates aims to raise awareness and funds for the Roger Federer Foundation.

04/28/2017

Rothschild Foundation Investing $27 Million in Caesarea’s Hidden Treasures

The project is being implemented as part of realizing the vision of 3 million tourists in Caesarea by the year 2030

04/27/2017

Alibaba's Yu'eBao Becomes First Chinese Fund Management Firm With Over RMB1 Trillion In Assets

Yu'eBao is now ranked as China's 12th largest financial institution in terms of total deposits or assets managed.

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

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

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