Jeff Bezos, the billionaire founder of Amazon.com, has just bought the Washington Post. He spent less than 1 percent of his net worth on the venerable paper. For some reason he did not buy Slate or Foreign Policy. They remain owned by the Washington …
The daughter of the late billionaire George Malouf Sr. was interviewed by various TV stations about her latest endeavor, which follows on the heels of her shoe line called Adrienne Maloof for Charles Jourdan. Adrienne used to be married to Beverly …
Billionaire Elon Musk's CV is impressive, to say the least. He made his initial fortune from PayPal before going on to launch spaceships. He also founded Tesla, which has made electric sports cars viable and profitable. He has been compared to the …
In the space of a few days, two major newspapers have been sold from their corporate entities to billionaires. On August 3, The New York Times Co agreed to sell The Boston Globe to John Henry, the owner of the Boston Red Sox, for a pittance of $70M …
To The Hotel Detective, the opening of the 56-room Hotel Alpina Gstaad in Gstaad, Switzerland, late last year was a $336 million mystery. Put in terms of cost-per-room, the standard hotel industry metric, that works out to an astounding $5 million. How …
RIO DE JANEIRO — It was 2008, Brazil's economy was in its fifth-straight year of robust growth, exports were expanding fast and the government was euphoric about the newly discovered oil, billions of barrels of it, just waiting to be mined offshore.
Slightly lower on the list, dozens of emerging American tech billionaires have been at the forefront of technology and reaped the benefit. For some, fractions of total net worth have been spent on bigger boats and multiple homes. For others, charitable …
Have you ever wondered how billionaires continue to get RICHER, while the rest of the world is struggling? "I study billionaires for a living. To be more specific, I study how these investors generate such huge and consistent profits in the stock …
A century ago, their tribe, engaged in less complicated businesses than power-packed takeovers, was known as robber barons. Today, the billionaires whom Wall Street admires for their ability to generate money on money, are apparently fanged with …