This week Walmart shareholders will gather in the retail giant's Arkansas backyard and re-elect a board of directors charged with guiding the company over the coming years. Walmart's board—rife with billionaires and industry titans—has recently …
West Virginia billionaire Jim Justice made his fortune in coal and agriculture, and he is revered in his home state as the man who rescued the historic Greenbrier resort from bankruptcy. Worth an estimated $1.7 billion, Justice is a prominent member of …
Richard Branson, Arianna Huffington and a group of other CEOs and former world leaders have formed a group whose goal is to end capitalism as we know it. The nonprofit, known as “The B Team,” was created to help promote a “better version of capitalism, …
The former owners of TNK-BP and the Alfa Group let it be known in March that they were shopping around with their eyes on the oil industry in a big way; this week, the Alfa Group announced it would invest $10-$20 billion or more in global oil and gas …
Citi Private Bank oversees $270 billion for ultra-high-net-worth clients and family offices around the world. Yakob Peterseil talks to John Entenberg and Kristen Bitterly about the bank's unique set-up and the role structured products play. If you're …
In 1942, writer Jerry Siegel (the co-creator of "Superman") and artist Leo Nowak introduced a comic-book character named Robotman, a scientist whose human brain had been transplanted into an immortal robot body. Now, a Russian multimillionaire has …
NEW YORK – A federal appeals court in New York City is upholding the conviction of a onetime billionaire on insider trading charges. Lawyers for Raj Rajaratnam (RAHJ rah-juh-RUHT'-nuhm) had argued on appeal that the government improperly persuaded …
Billionaires have mastered this rule passed down from the great Chinese Buddhist masters: To be truly happy, they focus on money, block everything outside that Eternal Now, at least till you become a billionaire and can sign the “Giving Pledge” along …
Move over Nathan Tinkler. Australia has a new breed of billionaires. Enterprising geeks have quietly taken over the top spot of Australia's richest in Business Review Weekly Young Rich List . Coal magnate Nathan Tinkler is overshadowed by software …