EFG-Hermes Holding SAE, the biggest publicly traded Arab investment bank, will hire an outside financial adviser to evaluate an offer from billionaire Naguib Sawiris and Beltone Financial to take a stake in the company. The adviser will give a so …
Times may have changed, but technology billionaires still set the engines racing among Silicon Valley brokers. Social media IPOs, including LinkedIn, Facebook and Twitter, and acquisitions like Facebook's planned $18 billion purchase of WhatsApp have …
According to Wealth-X and UBS, the average wealth of a billionaire equals $3bn, but globally, there are 111 individuals who each have a net worth above $10bn. Their collective net worth is an impressive $1.9 trillion, which is greater than the GDP of …
The Arisons strolled the River Walk prior to the 1996 National Basketball Association All-Star Game in San Antonio, where Micky, the billionaire owner of the Miami Heat, became convinced that his son had the passion needed to govern the team. Nick …
They're self-made Houston trial lawyers; if they're not billionaires, they're getting pretty close. They're young, in their 40s, and they like to hang out and drink and party, something different than your idea of the traditional megadonor. On the …
Australians might admire or envy billionaires, but it's a fair bet that most don't necessarily trust them. Three such billionaires are on the financial public stage right now and the shareholder audiences are soon to deliver their verdicts. Enter Frank …
Middle Eastern billionaires prefer to spend their summers in the Mediterranean, while Russians head to the Caribbean after Christmas for some winter sun. A study into the spending habits of the world's wealthiest businessmen has been produced to …
The 77-year-old and his family control almost 62pc of the company, according to exchange filings, a stake valued at $1.4bn (€1.02bn), according to the Bloomberg Billionaires Index. Anil Sharma, a spokesman for Havells, confirmed the family stake in the …
Oprah Can Buy Mokena, and Other Billionaires That Can Buy Your City. Real Estate website Redfin combined the total value of homes in many cities around the country with a list of the richest people in the world. It turns out Oprah makes just enough …