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Millionaires & Billionaires Billionaires

  • MEXICO CITY, Jan 6- A consortium including a construction company controlled by billionaire Carlos Slim has clinched the terminal project at Mexico City's new $13 billion airport, Mexican officials said on Friday. The construction arm of Slim's Grupo Carso and his majority-owned FCC submitted a bid of 84.8 billion Mexican pesos for the project, which is due to...

  • LONDON, Jan 6- Brewer Anheuser Busch InBev and coffee maker Keurig Green Mountain have teamed up to develop a countertop appliance that could dispense alcoholic drinks in the home. Keurig is part of privately held JAB Holding, the investment vehicle of Austria's billionaire Reimann family. JAB Chief Executive Olivier Goudet is also the chairman of AB InBev, the...

  • SAO PAULO, Jan 6- Israeli businessman Amos Genish was vital to Vivendi SA's successful foray in Brazil a few years ago. His appointment this week as Vivendi's first chief convergence officer comes as global media companies bet on megadeals to increase their presence in entertainment-rich regions like the Americas, Europe and Asia while struggling to make...

  • Samsung, the single most popular smartphone brand in India, commanded a roughly 30 percent market share just over a year ago. "In a country like India, there are two religions- one is Bollywood and the second is cricket," said Arvind R Vohra, Gionee's India head, noting that both avenues have helped popularize its brand. Chinese brand executives said innovative...

  • *Expansion in southern Europe key pillar of strategy. SAO PAULO/ PARIS, Jan 5- Vivendi has tapped Amos Genish, the former head of Telefonica's Brazil unit, to lead efforts to converge the French media company's content, platforms and media distribution strategies. The move comes as Vivendi, led by billionaire and corporate raider Vincent Bollore, has been building...

  • Executive Edge: DC mega-mansions mini-boom ahead

    CNBC's Robert Frank reports on the luxury real estate boom awaiting the Washington, DC area as wealthy Trump presidential appointees prepare to move to the nation's capital.

  • Protesters hold placards against the Trans-Pacific Partnership (TPP) during a rally on the sidelines of the Asia-Pacific Economic Cooperation (APEC) Summit in Lima on November 18, 2016.

    President-elect Donald Trump on Tuesday nominated lawyer Robert Lighthizer as U.S. Trade Representative.

  • LAS VEGAS, Jan 3- Electric vehicle start-up Faraday Future showed off in Las Vegas on Tuesday a prototype of a vehicle set for production next year as the China- backed company strives to win credibility in the crowded sector and weather its funding challenges. Advance reservations for the car- which insiders say will retail for about $180,000- are being taken for...

  • LAS VEGAS, Jan 3- Electric vehicle start-up Faraday Future showed off its first production vehicle prototype in Las Vegas on Tuesday as the China- backed company strives to win credibility in the crowded sector and weather its funding challenges. Advance reservations for the car- which insiders say will retail for about $180,000- are being taken for $5,000.

  • Senate confirmation is required for all the posts except national security adviser and White House posts. A civil engineer by training, the Texan joined the world's largest energy company in 1975 and led several of its operations in the United States as well as in Yemen, Thailand and Russia. DEFENSE SECRETARY: JAMES MATTIS Mattis is a retired Marine general...

  • Senate confirmation is required for all the posts except national security adviser and White House posts. A civil engineer by training, the Texan joined the world's largest energy company in 1975 and led several of its operations in the United States as well as in Yemen, Thailand and Russia. DEFENSE SECRETARY: JAMES MATTIS Mattis is a retired Marine general...

  • Senate confirmation is required for all the posts except national security adviser and White House posts. A civil engineer by training, the Texan joined the world's largest energy company in 1975 and led several of its operations in the United States as well as in Yemen, Thailand and Russia. DEFENSE SECRETARY: JAMES MATTIS Mattis is a retired Marine general...

  • Icahn ups offer to buy Federal-Mogul again

    Carl Icahn's investment firm raised its offer for a third time to buy shares of Federal-Mogul Holdings it doesn't already own.

  • Lighthizer has argued that China has failed to live up to commitments made in 2001 when it joined the World Trade Organization and that tougher tactics are needed to change the system, even if it means deviating from World Trade Organization rules. "Years of passivity and drift among U.S. policymakers have allowed the U.S.- China trade deficit to grow to the...

  • George Soros

    The billionaire calls President-elect Donald Trump a con artist and would-be dictator.

  • MUMBAI, Jan 3- Bharti Airtel Ltd, India's top wireless carrier, said on Tuesday it would offer free data to woo new and existing 4 G customers, intensifying a price war in the sector and sending share prices tumbling. The package is Bharti's latest response to the entry last year of new operator Reliance Jio, backed by billionaire Mukesh Ambani, which shook India's...

  • President-elect Donald Trump is expected to pick Robert Lighthizer to serve as his U.S. As Trump's trade representative, Lighthizer would play a key role in enacting a get-tough policy that could heighten tensions with China and other key U.S. trading partners. He criticized China on Twitter on Monday for "taking out massive amounts of money& wealth from the U.S....

  • Big gainers in 2016

    Michael Sonnenfeldt, Tiger 21 Founder, looks at other billionaires who fared very well in 2016.

  • Air Force One sits ready for boarding on the tarmac at Joint Base Andrews in Maryland U.S. December 6, 2016, the same morning that U.S. President-elect Donald Trump urged the government to cancel purchase of Boeing's new Air Force One plane saying it was "ridiculous" and too expensive.

    U.S. President-elect Donald Trump extracted a promise from Boeing's CEO that the cost of replacing Air Force One would not exceed $4 billion.

  • A cautionary tale on education investment flops: Author

    When you try to mix your philanthropy with your investing you tend to do both badly, says Jonathan Knee, "Class Clowns" author talking about his book and the billionaires that got burned investing in for-profit education ventures.