Dallas billionaire Harold Simmons died on Saturday after an illness, aged 82. The legendary empire builder and corporate raider was worth $10 billion at Forbes last reckoning, ranking 40 on the 2013 Forbes 400. He died at the Baylor University Medical …

South Dakota Address Helps Richest Shelter Wealth. Among the nation's billionaires, one of the most sought-after pieces of real estate right now is a quiet storefront in Sioux Falls, South Dakota. A branch of Chicago's Pritzker family rents space here …

Dear Editor: In his latest effort to curry favor with the radical tea party billionaires who have directed his actions to this point, Gov. Scott Walker has floated a truly loony trial balloon: replace the state income tax with an increased sales tax …

The application software industry currently lists a total of 257 stocks, with only seven stocks on a 52-week low. The sector low ratio is 0.03. Here's a look at three application software companies currently on a 52-week low and still held by a few …

'The Accidental Billionaires', a book on the founding of Facebook. This Ben Mezrich's book is a great read especially because of miniature details being depicted with ingenuity. The most interesting is the fact that the author couldn't make Mark …

China's Princelings: descendants of Mao's generals who control the country's wealth: Wealth in China is even more concentrated than Russia, Brazil or the USA, and the Chinese looter-class use complex screens that take advantage of different ways of …

America's billionaires are able to avoid paying millions in inheritance taxes by renting empty storefronts in South Dakota in order to give their trust-funds an SD address, from which they can exploit a deliberate loophole in state tax-law. Over $121 …

Islamabad: Pakistan Prime Minister Nawaz Sharif is among a few lawmakers who are billionaires, according to statements of assets and liabilities of parliamentarians released by the Election Commission of the country. The net value of assets of the …

It shelters billionaires' castles and investments from federal taxes in ways John Q. Public can't shelter his meager take-home paycheck. Even South Dakota doesn't see much tax revenue from all this financial activity. And the entire multi-billion …