RIO DE JANEIRO — The son of Brazilian billionaire Eike Batista was convicted of involuntary manslaughter in the death of a cyclist, the Rio de Janeiro state judiciary said Thursday. Batista's 21-year-old son Thor hit the cyclist last year while …

Mr Lauder said to raise their profile, African billionaires could give in their own names, in the way Mr Elumelu was doing, partly so they could clearly state their values and agenda. "No other people can make Africans develop. It is just Africans who …

If you are billionaires Mindy and Jeff Hildebrand, you open your own shop in the 'hood, the 'hood being River Oaks. "I felt like I wanted to provide the neighborhood with donuts," Mindy explained on Thursday, the first day of business. "It's as simple …

Nathan has cited two recent cases where the founder of Icahn Capital Management has been thwarting the efforts of billionaire investor Bill Ackman and Michael Dell of Dell Inc (NASDAQ:DELL). William Ackman is the founder of Pershing Square Capital …

buy-and-hold Billionaires Portfolio: I have been blessed in that I have worked for and had clients who were Billionaires. But there is one Billionaire I met during my hedge fund days that I will never forget, because he was one of the best options …

john-paulson After the massive crash that rocked global markets in 2008, as Congress, central bankers and major financial institutions met in secret to mitigate the crisis, billionaires like Warren Buffet were buying up shares of some of the hardest …

This story has been updated to reflect that Lt. Gov. Gavin Newsom doesn't serve on the Coastal Commission. In addition, Sean Parker has responded to the criticism over this event, please see this post. Entitled Internet billionaire brat Sean Parker …

A fifth billionaire has been unmasked in the German family behind perfume maker Coty Inc. (COTY), which debuted on the New York Stock Exchange today. Andrea Reimann-Ciardelli, 56, sold her stake in Joh. A. Benckiser, the Reimann family's closely held …

At the center of the case was self-described King of Kings, Galleon's founder Raj Rajaratnam, a Sri-Lankan-born, Wharton-educated billionaire. But the most shocking allegation was that the éminence grise of Indian business, Rajat Gupta, was Rajaratnam …