Managers of Wealth

A Russian, His Art, and His Big Losses

He has already sold three for a loss totaling an estimated $100 million.

Hedge fund billionaire heading for divorce

He has reportedly said the gold is used by his fund as a hedge against inflation.

Africa’s ‘Youngest Billionaire’ Loses Asset Ruling in Divorce

He found that the 35-year-old owned 100 percent of Mara Group Holdings Ltd. and other corporate entities.

Who are the richest of the rich?

Gates, the Microsoft founder, tops the list at $US89.3 billion, followed by his friend Warren Buffett at $US73.5 billion.

Where the World’s Wealthiest Invest Their Billions

One thing they all have in common is a large amount of money in cash or equivalently liquid securities.

Bill Gates Wants To Tax Job Stealing Machine While Swiss Robots Protest

When the human labor force is suddenly replaced by these machines it will take time to adapt society to the changing conditions, which is why a tax is needed to slow the automation process, Gates told Quartz.

City superwoman on hook for £250k: Huge bill looms for Horlick after she is let down by US investor

Horlick turned to ‘crowdfunding’ to raise cash for her venture

Little Caesars Founder MIKE ILITCH Dies at 87

He then founded pizza business Little Caesars with his wife, Marion, in a small Detroit suburb.

Chinese wine pioneer dies

An early pioneer for Chinese wine, died at the age of 75, on 9th February.

Soros Fund buys new stakes in financials

One of its biggest buys during the last three months of 2016 was a call option on the S&P Select Sector SPDR Fund Financial Sector worth $72.6 million.

World’s superrich are renting London properties to avoid new taxes

Especially as you have to consider that a majority of these people would be buying it as an additional property, so would be paying the additional 3 percent second-home tax as well.

What mega-rich homebuyers get for their money

The wealthiest billionaires in China, the US, the Middle East and elsewhere are splashing out on one-of-a-kind homes.

Johnny Depp’s Money Woes a Case Against DOL Rule?

In his lawsuit Depp also admits he didn’t monitor his own finances, nor his advisors’ investments

Tycoon's disappearance keeps HK on edge

Hong Kong police say Xiao crossed the border into China on Jan 27 through a checkpoint and that they are still investigating the case.

Steve Cohen Backs Macro Fund of Ex-Brevan Partner Melkman

For each of the last two years, more funds have shuttered than started, HFR data show.

$3 Billion Chan Zuckerberg Biohub Ready to Rumble

The awards are roughly equivalent in size to a National Institute of Health R01 grant.

How Mouton Rothschild and David Hockney joined forces

They revealed Hockney’s initial artwork that culminated in the label for Mouton Rothschild 2014.

Why celebrities like David Beckham are being urged to hire cyber sleuths in the age of hacking

With the rich and powerful ever more vulnerable to online attacks, there’s a new must-have member of the entourage

The little black book for billionaires

How to spend it like Johnny Depp! The little black book for billionaires lists all the mad must-have services for the super rich, from a cigar adviser to a 'wellness concierge'

How much you would get if South Africa’s richest men gave all their money away today

As having an obscene amount of wealth equal to the same amount of wealth held by the poorest half of the country.

Extremely Wealthy