In its 2013 Global Wealth Report, Credit Suisse asserts that Russia's transition to capitalism failed the country's people, creating an economy with the world's highest level of wealth inequality. According to the report, 110 Russian billionaires …

Dr. Azar Jammine, director of Econometrix, an economic consulting firm in Johannesburg, said this growing number of billionaires might not be a great sign for the overall economic health of the continent. "Essentially it's also a reflection of growing …

A bull market for luxury goods and rising demand for construction equipment and laboratory services has minted three new European billionaires who hold stakes in family-controlled businesses. The fortunes of Marina Giori-Swarovski, an heiress to the …

That almighty agent of the government added another scalp to his bag last week when Ty Warner, the Beanie Babies baron, plead guilty to tax evasion in a tearful moment inside a downtown Chicago courtroom. Warner, who hid as much as $107 million in an …

They include three women – the mother of Kenya's president, a daughter of Angola's president and a Nigerian oil tycoon and fashion designer. The richest man is Nigeria's Aliko Dangote, with a fortune of $20.2bn (£12.5bn), Ventures said. The list is …

In addition to being the 13th-wealthiest woman in the U.S. — with assets of $9.4 billion, according to the Bloomberg Billionaires Index — Johnson is also among the most mysterious executives in finance. Fifteen months after being named president, in …

Mr Mikitani's fortune dropped to $7.1bn at the close of trading on Wednesday, from $8bn the day before, according to the Bloomberg billionaires index. Mr Mikitani holds shares directly in his name, through his consulting firm Crimson Group and through …

He said researchers arrived at the eye-popping figure by dividing the number of billionaires listed in Forbes into a composite estimation of Russia's overall wealth as gathered from balance sheets, market capitalization data and other economic …

If you want to know why humanity fails and succeeds, just compare Africa, a continent of 1.2 billion people on one side and China, a continental size country of 1.35 billion on the other. In 1980, freshly liberated from the communist tyranny rule of …