Facebook founder Mark Zuckerberg, billionaire Michael Bloomberg and Citigroup exec Carlos Gutierrez gave immigration reform firepower last year, when they lent their money or names to the cause. But roughly two months before Election Day, the three …

Welcome to On the Racked, where Racked SF editor Robyn Hagan Cain shares the top fashion, beauty and fitness news of the week. DudleyonFloor.jpg [Dudley Flores, Racked's Hottest Trainer of 2013, busts a move. Photo by Aubrie Pick]

Billionaires do seem to hanker after their own version of Xanadu, the sprawling estate in “Citizen Kane.” The average billionaire holds $78 million in real estate and owns four homes, each one worth around $20 million, according to a 2013 survey by …

Hong Kong-traded shares in Geely, the Chinese automaker controlled by billionaire Li Shufu, lost 0.6% in early trade today after the company said yesterday profit and sales both dropped in the first half from a year earlier. Sales fell by 32% to 10.1 …

Forbes put 26 Korean and 25 Japanese billionaires on its list of the world's 1,000 wealthiest people on Aug. 15. While it demonstrates the growth of the Korean economy, the higher number doesn't equate to more wealth. Korea narrowly has more people on …

The above map is actually a better indicator of "billionaire hives" six decades ago, rather than today, because the average billionaire is 63, WealthInsight's Oliver Williams told Spear's. While some cities on the ranking, like New York and London …

Aug. 20 (Bloomberg) — Bloomberg's Matthew G. Miller reports on the hobbies and passions of notable billionaires on “In The Loop.” (Source: Bloomberg). Please enable JavaScript to view the comments powered by Disqus. Now to discuss. This is interesting.

On August 18, Lei Jun, founder and CEO of Chinese fast-growing smartphone maker Xiaomi Technology, proudly accepted Russian tech investor Yuri Milner's nomination in front of a big crowd and stood still while a bucket of cold water was dumped upon his …

Germany's Samwer brothers–Alexander, 39; Oliver, 42; and Mark, 43–have been criticized for copycatting American tech companies, but the imitation has paid off. In August Philippine Long Distance Telephone (PLDT) paid $445 million for a 10% stake in …