Luxuo
Bloomberg reveal the daily Billionaire Index

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

Bono to become a Facebook billionaire

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

$88m NYC penthouse sold to billionaire’s daughter

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 Buffett Wants to Pay More Taxes

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