Sergey Galitskiy took less than two decades to build OAO Magnit (MGNT) from scratch into Russia's retail leader. With the wealth that's brought him, the billionaire is training local kids to challenge the country's soccer elite. Galitskiy, 46, created …
China Billionaires. Wang founded Dalian Wanda, the nation's largest commercial property developer and movie theater operator. Wang's wealth shrank to $12.2 billion from $14.2 billion in August when he overtook Zong Qinghou, chairman of Hangzhou …
Can teaching Brazilians new languages turn Carlos Wizard Martins into a billionaire? The question asked two years ago by a Forbes article was answered today with the purchase of Grupo Multi by Pearson – a media and education company with 36,000 …
Spanish taxpayers have bailed out banks and power companies. Next up are highway operators and their billionaire owners. Prime Minister Mariano Rajoy's government is considering a 5 billion-euro ($6.7 billion) plan to take over and guarantee the debt …
Michael and Susan Dell represented Austin billionaires well at No. 18. The couple chipped in $100 million in 2012, most of which went to establish a new medical school at the University of Texas. Topping this year's Forbes list are Bill and Melinda …
That raspberry goes out to 50 billionaires who've been farming the U.S. farm subsidy program for years, harvesting a cornucopia of taxpayer cash for themselves or their corporate empires. They include top executives or owners of such diverse entities …
Stodgy world of planes, trains and automobiles, meet the billionaires with “Star Trek” dreams. Technology moguls are brimming with ideas for bringing flying robots, self-driving cars, people-moving tubes and space-traveling tourists to the sleepy realm …
Saudi billionaire Mohammed al-Amoudi, the biggest private investor in Ethiopia, plans to build two more cement factories in the Horn of Africa nation amid an improving investment environment. The plants will add to the $351 million facility al-Amoudi's …
Five Houston-area or Texas billionaire couples made Forbes' new list of America's Top 50 Givers. The ranking was based solely on the amount of money donated, not pledged, in 2012. Texas donors included John and Laura Arnold, Michael and Susan Dell, …