Screen Shot 2014-08-14 at 12.57.09 PM Washington, D.C.—American Commitment, a national advocacy organization, is launching a hard-hitting ad campaign to expose the hypocrisy of out-of-state billionaires Tom Steyer and Herb Sandler spending millions …

Rudy Kurniawan was a wine forger: he brewed up batches of wine in his kitchen, stuck it in bottles to which he applied carefully-forged labels – and sold the bottles as impossibly rare vintages to collectors whose ranks included billionaires such as …

The finance industry gets a lot of flack, but maybe one reason is nearly everyone is dependent on it. Hedge funds range from cowboy-like and risky to conservative and geared toward the long-term investor. In his book, More Money than God, Sebastian …

New Delhi: The top five Indian billionaires, led by Reliance Industries chairman Mukesh Ambani, collectively control $85.5 billion (Rs 5,21,550 crore at 1 dollar = 61 rupees) in personal wealth, accounting for nearly half (47.5 per cent) of the country …

Steve Ballmer is now the proud owner of his very own sports franchise. Now that the former Microsoft (MSFT) CEO has finalized his deal to buy the Los Angeles Clipper's for a cool two billion dollars he joins an exclusive club of super rich franchise …

According to the Forbes Billionaires list in 2014, 31 of the 1,645 members are under the age of 40. That elite group no longer includes Google's Sergey Brin and Larry Page as both of whom have crossed into their 40's. This year, there's a newcomer to …

L.A. Clippers owner Steve Ballmer has joined other billionaires and millionaires in donating money to push a gun control initiative in Washington state, which will expand firearm background checks to online purchases and gun shows. But online sales …

Simon Xie, an Alibaba Group Holding Ltd. (BABA) co-founder and second-biggest shareholder of its finance affiliate that owns Alipay, may become a billionaire as the estimate for the value of the electronic-payment company rose. Xie, 44, owns 9.7 …

Six years ago, Mr Rajan, a former International Monetary Fund (IMF) chief economist, was warning about India's billionaire problem. After Russia, as he repeatedly pointed out, India had the most billionaires per $1 trillion (32 trillion baht) of gross …