The number of Chinese multi-billionaires is predicted to increase from 470 in 2012 to 1,040 in 2017, while their penchant for private jets will fuel the growth of the country's business jet market. A report by Ledbury Research, a London-based …
China has 11 billionaires — the most — in the global auto industry, according to a report released by the Hurun Research Institute Thursday. They feature on the list of the Richest People From the Car Industry 2014 compiled by the institute and …
According to the Bloomberg Billionaires Index, they now have a total net worth of around $100 billion. That means that if the Kochs were counted as a single person, they would be the single richest person in the entire world. It also means that they …
One of my favorite investment strategies is to collect the filings of a number of successful managers (read: billionaires) and see where their investing methodologies intersect. Long-term investors like Warren Buffett have reaped the benefits of high …
The Google Google glass might be looking half-empty today for billionaire founders Larry Page and Sergey Brin, who lost a combined $1.9 billion. While the S&P 500 gained 2.5%, Google stock fell 3.6% Thursday after the company's first quarter …
Never mind freedom of speech, freedom of religion, freedom from want, freedom from fear. What America's embattled billionaires are demanding, as their birthright (and I mean that pretty much literally), is something much more important: freedom from …
It's Joe Ricketts, the billionaire founder of TD Ameritrade who started the super PAC. He gave $550,000. (Super PACs can raise and spend unlimited sums.) The other two are Paul Singer, a hedge fund manager who also spends big money supporting …
Hapag-Lloyd AG signed a binding agreement to take over most of Chilean rival Cia. Sud Americana de Vapores SA (VAPORES)'s assets and become the fourth-largest container shipping company in the world. CSAV, controlled by Chile's billionaire Luksic …
Hong Kong-based businesswoman Perenna Kei has been named the world's youngest billionaire by the Forbes in its 2014 super-rich list, replacing the former Facebook co-founder Dustin Moskovitz. The list also features Facebook co-founders Mark …