Even as workers in the US and other countries have seen their incomes plummet, the combined net worth of the world's billionaires has doubled since 2009, according to a report published Tuesday by UBS and Wealth-X, a consultancy that tracks super-rich …
Murdoch's net worth is $12.5 billion, making him the world's 89th-richest person, according to the Bloomberg Billionaires Index. Most of Murdoch's wealth comes from his family's trust in which all his children, including Grace and Chloe, have an …
The total wealth of Saudi billionaires comprises more than half of the combined net worth of billionaires in the Middle East, the inaugural Wealth-X and UBS Billionaire Census shows. It also states that Saudi Arabia is the country with the largest …
A billionaire might be anywhere at any time, riding away on his private jet. But for day-to-day purposes, 30 percent of billionaires reside in just 20 cities. Moscow is No. 3 on the list, primarily because Russia's corrupt privatization process in the …
Today Devon Energy agreed to buy GeoSouthern Energy's holdings in the Eagle Ford shale for $6 billion in cash. The deal involves 82,000 net acres in the Eagle Ford, which currently produce 53,000 barrels of oil (and equivalent gas) per day. The …
Even though Former Treasury Secretary Tim Geithner isn't going to one of Wall Street's powerhouse firms, he could still turn himself into a billionaire in a few years if he makes the right moves. This weekend private equity firm Warburg Pincus …
According to the data from Knight Frank, published by Billionaire, a sister company of Wealth-X – the world's leading ultra-high net worth intelligence firm – Kensington Palace Gardens in London is the second most expensive street in the World after …
The new titans of business are now also the best dressed. Take a glance at the Bloomberg Billionaires list: As of this writing, the third wealthiest person in the world is Amancio Ortega (net worth $64.2 billion), the founder of Spanish clothing chain …
However, keeping this in mind, it would be very hard to digest that there are billionaires who have not paid their taxes and were slapped with heavy amount of fines. These billionaires range from the high street fashion industry to a world famous toy …