New Delhi: Sun Pharmaceuticals Industries' Dilip Shanghvi has been named in the list of Asia's top ten wealthiest self-made billionaires, topped by Hong Kong business tycoon Li Ka-Shing, according to Wealth-X. Mr Shanghvi, ranked seventh, is the only …

LOS ANGELES (CBSLA) – The NBA owners advisory and finance committee will hold a conference call Thursday to discuss the steps in forcing Sterling to sell the Clippers after NBA commissioner Silver handed out one of the harshest punishments in the …

But when a gaggle of liberal billionaires gathered in Chicago last week to plot how to buy a liberal Congress in November, the president wasn't at all offended by all that money walking. Mr. Obama dispatched his most powerful deputy, Valerie Jarrett …

While competitor Glencore finally opened up through its IPO, revealing six new billionaires in 2011, Mercuria still keeps to itself. In an interview in 2013, Mercuria CEO Dunand stated that, “Our capital is currently held by the founders and 150 employees.

We now know Donald Sterling's punishment, and we know what commissioner Adam Silver would like to see done from here—he wants to strongarm Sterling into selling the Clippers, requiring at least a 75 percent backing of owners. Sterling has little to …

The rich are different from you and me, as the saying goes, and they're a breed apart from ordinary folks. And now that the nation's billionaires have leaped considerably in number, have they been a force in the usually fickle and mercurial stock market?

A Centre for Policy Studies report uses data from the Forbes billionaires list to show that what so-called “super-entrepreneurs” — billionaire entrepreneurs who create new and disruptive companies — predominantly exist in countries which have low …

On Thursday, the California State Assembly passed AB 777. This bill gives a 10-year personal property tax exemption to companies in the commercial space flight industry. Then on Sunday, news leaked that Toyota is moving its U.S. headquarters out of …

Could those millionaires and billionaires afford to pay for their own arenas? We frankly don't know, because they never have to. (San Francisco being the notable exception.) Why would the new owners – who have shown the ability and willingness to throw …