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Millionaires & Billionaires Billionaires


  • *Queensland vote to halt cash support for coal infrastructure. MELBOURNE, Feb 5- A shock state election result in Australia's coal-rich Queensland state and heightened pressure to protect the Great Barrier Reef have thrown new doubts over plans by Indian firms to build two huge mines. This included money for a rail line and port planned by India's Adani...

  • LONDON, Feb 3- British online grocer Ocado reported an annual pretax profit for the first time in its 15 year history on Tuesday and said it aimed this year to seal its first technology deal with an overseas retailer. Ocado, founded by three former Goldman Sachs bankers in 2000, has divided analysts like few other stocks, with some viewing its door-step deliveries...

  • BOSTON, Feb 2- Billionaire Steven A. Cohen, who oversees only his personal fortune after decades of running one of the world's biggest hedge funds, wants to recruit newly minted college graduates into his army of hundreds of investment professionals. Less than 16 months after Cohen's SAC Capital Advisors pleaded guilty to insider trading charges, the successor...

  • Feb 2- Casual clothing retailer Lands' End Inc said Chief Executive Edgar Huber would step down in two weeks and be succeeded by Federica Marchionni, the U.S. head of luxury goods retailer Dolce& Gabbana. Huber, who will leave on Feb. 17, has held the top job since August 2011 and led Lands' End spin off from struggling retailer Sears Holdings Corp last year.

  • LONDON, Feb 2- The value of merger and acquisition deals worldwide soared 28 percent in January compared with the same month last year, with the Asia-Pacific region enjoying its best start to a year on record, according to Thomson Reuters data. Deals in the Asia-Pacific accounted for 43 percent of the total, up from 20 percent last January, beating both Europe and...

  • Regeneron, Vertex execs heads to White House Wednesday, 28 Jan 2015 | 4:55 PM ET
    Regeneron, Vertex execs heads to White House

    Executives are headed to the White House Friday to discuss President Obama's precision medicine initiative, reports, CNBC's Meg Tirrell.

  • Real estate mogul: Housing recovery will be slower Wednesday, 28 Jan 2015 | 4:41 PM ET
    Real estate mogul: Housing recovery will be slower

    Billionaire investor and real estate entrepreneur Jeff Greene weighs in on the state of the single-family real estate market and higher quality apartments in the U.S.

  • Elderly billionaire does pushups faster than you Friday, 16 Jan 2015 | 2:17 PM ET
    Jim's 75th birthday pushup.

    Jim Thompson, the founder and chairman of Crown Worldwide, celebrated his birthday with pushups.

  • How to become a billionaire Tuesday, 30 Dec 2014 | 8:45 AM ET
    How to become a billionaire

    John Sviokla, PricewaterhouseCoopers, discusses the five habits of highly successful, self-made billionaires.

  • Rockstar yacht loses to drawbridge Thursday, 4 Dec 2014 | 2:57 PM ET
    Rockstar yacht loses to drawbridge

    Rockstar energy drink billionaire founder Russ Weiner's yacht got stuck while being towed under a drawbridge, taking out part of the roof, but no one was hurt. CNBC's Robert Frank says the bridge had been declared "functionally obsolete" 4 years ago.

  • Harold Hamm's billion dollar net loss Monday, 1 Dec 2014 | 1:58 PM ET
    Harold Hamm's billion dollar net loss

    CNBC's Robert Frank reports Harold Hamm has lost more wealth in 3 months than Eric Schmidt has made in a lifetime.

  • Carl Icahn raises stake in car rental company Hertz Tuesday, 25 Nov 2014 | 7:01 PM ET
    Carl Icahn

    Activist investor Carl Icahn raised his stake in U.S. car rental company Hertz Global Holdings Inc to 10.77 percent from 8.48 percent.

  • Hitler watercolor fetches $161,000 at auction Sunday, 23 Nov 2014 | 7:29 AM ET
    An auction house employee puts away a watercolor of the old registry office in Munich by Hitler, Nov. 18, 2014.

    A 1914 watercolor by Adolf Hitler fetched 130,000 euros ($161,000) at auction in the German city of Nuremberg on Saturday, the auctioneers said.

  • Indian retailers hobble as e-commerce race ahead Monday, 17 Nov 2014 | 5:58 PM ET

    Indian retailers are struggling to keep up online as e-commerce garner large investments.

  • Forbes' top power players Wednesday, 5 Nov 2014 | 7:43 AM ET
    Forbes' top power players

    Michael Noer, Forbes executive editor, explains how the magazine comprised its list of the world's most powerful people, which includes tech titans, political leaders, and Asian powerhouses.

  • Why Lasry likes Ford and YRC Worldwide Friday, 31 Oct 2014 | 7:53 AM ET
    Why Lasry likes Ford and YRC Worldwide

    Billionaire distressed debt investor Marc Lasry tells CNBC that both companies and stocks are bargains.

  • CNBC.com hot list: Ballmer's b-ball billions Monday, 27 Oct 2014 | 4:46 PM ET
    CNBC.com hot list: Ballmer's b-ball billions

    CNBC.com Managing Editor Allen Wastler reports inequality worrying the wealthy; Steve Ballmer's LA Clippers; and Wal-Mart's category slip-up are the hottest topics on CNBC.com.

  • Bargains for billionaires Monday, 27 Oct 2014 | 1:28 PM ET
    Bargains for billionaires

    One reason why billionaires could be fans of buying sports teams, with CNBC's Josh Lipton.

  • Zuckerberg speaks Chinese, Beijing students cheer Thursday, 23 Oct 2014 | 11:02 AM ET
    Facebook co-founder Mark Zuckerberg speaks during a dialogue with students as a newly appointed member to the advisory board for Tsinghua University School of Economics and Management in Beijing, Oct. 22, 2014.

    China may ban Facebook, but not its co-founder Mark Zuckerberg. He delighted an audience of students in Beijing recently by chatting in Mandarin.

  • Mark Cuban on politics and prosperity Wednesday, 22 Oct 2014 | 8:16 AM ET
    Mark Cuban on politics and prosperity

    Billionaire investor Mark Cuban talks to CNBC about how to change the political conversation to focus on business and success rather than getting bogged down in social issues.