Morose economic growth and a turbulent stock market have not stopped Switzerland’s super rich from getting a lot richer this year.
Malaysian tycoon and performing arts lover Tan Sri Francis Yeoh has given Rome’s struggling opera house one million euros ($1.1 million).
Forbes magazine has released its annual Fictional 15, which ranks the richest characters from television, film, comics and books.
Billionaire Warren Buffett is giving five charities more than $2.6 billion worth of Berkshire Hathaway Inc. stock as part of his overall plan to give away his fortune gradually.
Billionaire Richard Branson strutted his stuff as an AirAsia flight attendant Sunday, complete with fishnet stockings and figure-hugging red pencil skirt.
Ekaterina Rybolovleva has bought the Skorpios island where shipping tycoon Aristotle Onassis famously married Jacqueline Kennedy in the 1960s.
Asia has more billionaires than any other continent, a survey by China-based Hurun Report showed on Thursday, overtaking North America for the first time.
Prince Alwaleed bin Talal, ranked #29 on the list of global billionaires by Forbes magazine, has sold off his Airbus A380 jet plane.
Chinese billionaires have lost one-third of their combined wealth over the past year, according to new research, reported CBNC Monday.
Australian billionaire Clive Palmer reportedly plans to clone a real dinosaur from ancient DNA samples for a Jurassic Park-style area at his new theme resort.
L’Oreal heiress Liliane Bettencourt, France’s richest woman, has sold a private island in the Seychelles to a firm linked to an ocean conservation foundation.
Billionaire Oracle chief executive Larry Ellison has bought 98 per cent of Hawaii’s sixth-largest island, Lanai.
Gina Rinehart is now the world’s richest woman, says BRW Magazine. The Australian miner, worth nearly $30 billion, earns about $50 million a day.
Bloomberg has released the “Bloomberg Billionaires Index,” the first daily global ranking of the richest people in the world as part of their coverage of wealth. The index, changes daily depending on stock fluctuations and economic/company news dynamically measured on changing markets and will be updated every business day at 5:30 p.m. Bloomberg Professional service customers can access each billionaire’s profile … Continued
U2 rocker bono is about to make $1 billion, thanks to his 2009 investment in Facebook. Bono’s investment company Elevation Partners bought $210 million worth of shares in the social networking site almost two years ago. This week, the site has been valued at $65 billion, meaning that Bono and his company’s share of the … Continued
On Saturday night, Roman Abramovich opened his French Caribbean paradise, the 70-acre Gouverneur Bay Estate, to 400 guests for a New Year’s Eve party.
The daughter of a Russian billionaire has broken New York real estate records by paying $88 million for a huge Manhattan apartment, Forbes magazine reported. Yekaterina Rybolovleva, daughter of former fertilizer magnate Dmitry Rybolovlev, paid full asking price for the multiroom spread at 15 Central Park West. This is a record for an individual transaction … Continued
Warren Buffet wrote in an editorial to the New York Times that was published Sunday that he wants to pay more taxes and thinks his mega-rich friends should too. “While the poor and middle class fight for us in Afghanistan, and while most Americans struggle to make ends meet, we mega-rich continue to get our … Continued
A California mansion could become the most expensive US property to be sold at auction when it goes on the block next month with a starting bid of $22 million. The 10,500 square-foot beachside house — originally listed at $65 million — includes six bedrooms, nine and a half bathrooms, a theater, a 75-foot (25-meter) … Continued
Billionaire business magnate Donald Trump is ready to shell out $600 million of his own cash to become President. He told ABC’s “Good Morning America” on Thursday that his name recognition would probably save him “hundreds of millions of dollars” compared with other candidates. The 64-year-old, who held the interview aboard his private jet, said … Continued