… good time to be a billionaire. The ranks of billionaires worldwide have swelled nearly 60 percent since the end of the U.S. recession in 2009, and their total wealth increased 5.3 percent in the past year, according to the Wealth-X and UBS …

According to Wealth-X and UBS, Africa's billionaire population is at 42, with a net worth of $101 billion. The report found that 48% of those individuals were self made, against 45% for those billionaires in SA. 22% of South Africa's billionaires were …

AskForbes_25 We launched our Philanthropy issue Sunday night, with a cover story by Forbes magazine editor Randall Lane: How America's Richest People Are Bringing Hope To The Eighth-Poorest Nation In The World. Yesterday afternoon, he took over …

According to a report from Wealth-X and UBS, China's 157 billionaires have an average age of 53 years old. That's nine years younger than the global average. China has the second-highest number of billionaires in the world after the U.S., which has 515.

He said billionaires from the mainland have an average age of 53, which is nine years younger than the global average, adding that Hong Kong ranks seventh, with 75 billionaires in total. Jin made the remarks when introducing the Wealth-X and UBS …

In 2013, the wealth of the world's billionaires reached a record high — helped by 200 newcomers like Facebook founder Mark Zuckerberg. The 2013 Forbes Billionaires List names 1,426 billionaires with an aggregate net worth of $5.4 trillion, up a …

Estee Lauder's granddaughters Aerin and Jane have officially been declared billionaires. The sisters, who both hold executive positions at the giant cosmetic company, are each worth an estimated $2.6 billion, according the Bloomberg Billionaires Index.

Beijing – With 157 billionaires, China has the second largest billionaire population after the United States, which is home to 515 billionaires with a combined net worth of more than US$2 trillion (S$2.49 trillion). And their average age at 53 years …

BEIJING, Nov. 18, 2013 /PRNewswire/ — At 53 years old, the average age of China's 157 billionaires is nine years younger than the global average, according to the Wealth-X and UBS Billionaire Census 2013. The report, the first-ever global study on …