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Millionaires & Billionaires Billionaires

  • President Donald Trump said he had a friendly phone call with Mexico's president on Friday but asserted he will renegotiate trade deals and other aspects of the countries' ties because Mexico has "beat us to a pulp" in the past. Financial markets took news of the call as a sign that a crisis in U.S-Mexican relations had eased, a day after Mexican President Enrique...

  • MEXICO CITY, Jan 27- Mexican billionaire Carlos Slim said on Friday a united Mexico was ready to help the government negotiate with Donald Trump, and tried to calm fears in his country about what the U.S. president's policies would mean for its economy. Mexican President Enrique Pena Nieto on Thursday cancelled a planned summit with Trump after the American...

  • MEXICO CITY, Jan 27- Mexican billionaire Carlos Slim said on Friday a united Mexico was ready to help the government negotiate with Donald Trump and called on all political parties to support President Enrique Pena Nieto in his discussions with the U.S. president.

  • CORRECTED-MEXICAN BILLIONAIRE SLIM SAYS MEXICANS UNITED IN.

  • MEXICO CITY, Jan 27- Mexican billionaire Carlos Slim said on Friday he is willing to help the government negotiate with Donald Trump, and called on Mexicans from all political parties to unite behind President Enrique Pena Nieto in his discussions with the U.S. president.

  • Carlos Slim

    CNBC's Michelle Caruso-Cabrera reports that Mexican billionaire Carlos Slim is offering to help Mexico President Enrique Peña Nieto in his negotiations with President Donald Trump.

  • LONDON, Jan 27- Alliance Trust, one of Britain's oldest investment managers, agreed on Friday to buy back shares held by a U.S. activist hedge fund, bringing an end to a campaign that has forced it to reform how it is run. Dundee- based Alliance, which traces its roots to the late 19th century and loans to farmers across the British Empire, said it would buy back a 19.75...

  • *Q4 net profit 738 mln Sfr vs 339 mln estimate in Rtrs poll. *UBS says to propose 2016 dividend of 0.60 Sfr per share. ZURICH, Jan 27- UBS, the world's biggest wealth manager, on Friday struck a more optimistic tone for 2017 on the back of rising U.S. interest rates as it posted a 47 percent fall in full-year net profit.

  • *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...

  • NEW YORK, Jan 26- Billionaire hedge fund manager William Ackman, who has long courted publicity with his multibillion-dollar stock investments, took a new tack on Thursday when he shrouded his most recent bets in mystery. Ackman's $10.9 billion hedge fund Pershing Square Capital Management made two bets in recent months where the firm committed more than 10...

  • *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.