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Millionaires & Billionaires Billionaires

  • *Batista was Brazil's richest man before group collapsed. *Police suspect Batista flew to New York on Tuesday. RIO DE JANEIRO, Jan 26- Brazilian police are seeking the arrest of fallen commodities tycoon Eike Batista as part of a vast political bribery probe, investigators said on Thursday, adding that the former billionaire appeared to have already flown to New...

  • *Batista was Brazil's richest man before group collapsed. RIO DE JANEIRO, Jan 26- Brazilian police are seeking the arrest of fallen commodities tycoon Eike Batista as part of a vast political bribery probe, investigators said on Thursday, adding that the former billionaire appeared to have already flown to New York. "The federal police are in contact with...

  • SAO PAULO, Jan 26- Brazilian federal police said on Thursday they had asked Interpol to issue an international arrest warrant for former billionaire Eike Batista as part of a sweeping political bribery investigation.

  • Nathan Blecharczyk, CEO of Airbnb.

    Nathan Blecharczyk earned close to $1 million before he shut down the business in 2002 to focus on his studies.

  • *Batista was Brazil's riches man before group collapsed. *Police suspect Batista flew to New York on Tuesday. RIO DE JANEIRO, Jan 26- Brazilian police are seeking the arrest of fallen commodities tycoon Eike Batista as part of a vast political bribery probe, investigators said on Thursday, adding that the former billionaire appeared to have already flown to New...

  • MOSCOW, Jan 26- A joint venture between Russia's top gold producer Polyus and state conglomerate Rostec has bought the rights to develop Sukhoi Log, one of the world's largest untapped gold deposits, for 9.4 billion roubles. Russia competes with Australia for second place among the world's largest gold producers and has one of the world's largest gold reserves.

  • *U.S. hedge fund manager Dan Och another big winner. ZURICH, Jan 26- The 70- year-old son of a Swiss butcher is among the biggest beneficiaries of Johnson& Johnson's $30 billion takeover of Actelion, Europe's biggest biotech company. Other winners include BlackRock, which according to a SIX Swiss Exchange filing from December owns 5.2 percent of Actelion, and...

  • *Batista once one of Brazil's wealthiest men. BRASILIA, Jan 26- Brazilian police and federal prosecutors on Thursday issued a detention order against former billionaire Eike Batista and eight others amid a series of raids related to the country's biggest corruption probe. According to the police statement, a "great deal" of the $100 million laundered by the...

  • Once Brazil's richest man, with a fortune calculated at about $35 billion less than five years ago, Batista has been hard hit by the crash in Brazil's decade-long commodities boom, which led to the collapse of his Grupo EBX- a conglomerate of mining, energy, shipbuilding and logistics companies. The "Car Wash" scandal has centered around the cozy relationship...

  • Good times back for the wealthy?

    CNBC's Robert Frank takes a look at what Dow 20K means for the wealthy.

  • Trump-backer Peter Thiel just became a New Zealand citizen

    A New Zealand Herald report says the billionaire investor quietly became a citizen of the island nation.

  • MUMBAI, Jan 25- An initial public offering from India's BSE Ltd, the country's second-biggest stock exchange, was well oversubscribed on the last day of the sale, helped by attractive valuations and expectations of robust growth for stocks in the coming years. "Financial markets are overall under-penetrated in India. More than 250 shareholders, including...

  • BEIJING, Jan 25- The European Union urged China on Wednesday to make "concrete progress" in opening its markets to global investment, after Chinese President Xi Jinping decried protectionism in a speech at the recent World Economic Forum in Davos, Switzerland. In June 2016, the European Chamber of Commerce in China warned that foreign companies face an...

  • WASHINGTON, Jan 24- A leading Republican lawmaker warned on Tuesday that Congress will not be able to lower the U.S. corporate tax rate to the 15 to 20 percent range sought by President Donald Trump unless a controversial "border adjustment" proposal remains part of tax reform. Escalating the war of words over a measure opposed by retailers, oil refiners and...

  • WASHINGTON, Jan 24- A U.S. Senate committee swiftly approved Republican President Donald Trump's nominees for commerce and transportation secretaries by voice vote on Tuesday, signaling that they will face little resistance to approval by the full Senate. Members of the Senate Commerce, Science and Transportation Committee voiced no objections to the...

  • The Trump administration has asked the Environmental Protection Agency to temporarily halt all contracts, grants and interagency agreements pending a review, according to sources. Australia and New Zealand hope to salvage the Trans-Pacific Partnership by encouraging China and other Asian countries to join the trade pact after Trump kept a promise to...

  • The Trump administration has asked the Environmental Protection Agency to temporarily halt all contracts, grants and interagency agreements pending a review, according to sources. Australia and New Zealand hope to salvage the Trans-Pacific Partnership by encouraging China and other Asian countries to join the trade pact after Trump kept a promise to...

  • The Trump administration has asked the Environmental Protection Agency to temporarily halt all contracts, grants and interagency agreements pending a review, according to sources. Australia and New Zealand hope to salvage the Trans-Pacific Partnership by encouraging China and other Asian countries to join the trade pact after Trump kept a promise to...

  • The Trump administration has asked the Environmental Protection Agency to temporarily halt all contracts, grants and interagency agreements pending a review, according to sources. Australia and New Zealand hope to salvage the Trans-Pacific Partnership by encouraging China and other Asian countries to join the trade pact after Trump kept a promise to...

  • The Trump administration has asked the Environmental Protection Agency to temporarily halt all contracts, grants and interagency agreements pending a review, according to sources. Australia and New Zealand hope to salvage the Trans-Pacific Partnership by encouraging China and other Asian countries to join the trade pact after Trump kept a promise to...