The oil market paused to catch its breath yesterday. Crude fell to $130, after hitting the $135 mark. Gold, too, took a step back – falling $10 to $918. Stocks, meanwhile, advanced a baby step – the Dow rose 24 points. But we interrupt the news to …

China in the past decade has been one of the world's largest sources of new billionaires. On the 2013 Forbes Billionaires List published in March, it had 122, second only to the United States. Yet the plunge in stock prices in the country in recent …

There are really things in life that withers as quickly as it blooms. It also happens to entrepreneurs, including billionaires. There are plenty of billionaires who rose to financial success and then filed bankruptcy later on. Donald Trump could have …

Few billionaires have weathered as many scandals as former Italian prime minister Silvio Berlusconi, but recent court rulings in his “bunga bunga” sex case don't look good for him. On Monday, Berlusconi was convicted of paying for sex with a minor and …

Apollo, meanwhile, is run by a trio of billionaires: Leon Black ($4.3 billion), Marc Rowan ($2.1 billion) and Joshua Harris ($2.1 billion). Black is the 95th richest person in the U.S., while Rowan and Harris are tied at 243rd. The surprising …

West Virginian billionaire Jim Justice made his fortune in coal and agriculture and is revered in his home state as the man who rescued the historic Greenbrier resort from bankruptcy. Worth an estimated $US1.7 billion ($A1.78 billion), Justice is a …

NEW YORK The conviction of a onetime Sri Lankan billionaire on insider-trading charges was upheld Monday by a federal appeals court that concluded the government did not cheat to obtain permission to make its most extensive use of wiretaps ever in such …

VENTURES AFRICA – Two brothers – Sarit and Sachit Raja-Shah – on Tuesday joined the ranks of billionaires in Kenyan Shillings with a total combined wealth of Sh2.69 billion ($31 million). This was after their firm, the newly-listed I&M Holdings' shares …

(Hence the lust for gold; but that's a different story.) Among those beating a path to Shahid Bhagat Singh Road in Mumbai, where RBI's headquarters is located, is Reliance Capital, controlled by billionaire Anil Ambani, the younger sibling of Mukesh …