*Rubbish rots, water contaminated as budgets cut. LUANDA, Feb 11- When a plunge in oil prices prompted Angola's government to slash public spending last year, street trader Antonio Simao Baptista had no idea it would leave his rundown suburb overwhelmed by filth and disease. The budget of Africa's second largest oil exporter has been cut again this year and is 40...» Read More
"We are beginning to see the excess flow of capital; we're seeing too much capital chasing too few opportunities," said Sam Zell, Equity Group Investments chairman, talking about the impact of QE3 on real estate and stock markets.
Tax experts say the planned 75 percent tax rate on France's rich will bring in less than hoped, but still may convince the wealthy to relocate beyond the country's borders.
Larry Ellison is one of the richest men in the world. He's worth over $30 billion. But is he spending too much? CNBC's Robert Frank reports.
U.S. regulators are launching an all-out review into how Wall Street uses high-speed trading and how it's impacting the markets and the individual investor, with CNBC's Eamon Javers.
Hong Kong's "playboy tycoon" Cecil Chao has put up a $65 million "marriage bounty" to find a husband for lesbian daughter Gigi, who is already married to her long-time female partner.
Here is a list of the top 10 countries with the most billionaires for the period between August 2011 and July 31, 2012 compiled by Wealth-X. Click to find out where the mega-rich live.
A new report raises doubts about how many billionaires among the Forbes 400 are truly "self-made rich."
Almost half of China’s ultra-rich saw their wealth shrink in the past year as the Chinese stock markets slumped, according to an annual survey of the country’s 1000 richest individuals, with those in the solar and textile sectors the hardest hit.
A poll of charitable billionaires found that a majority say taxes impact their giving.
Chinese billionaires lost almost a third of their combined wealth in the past year as Asia’s mega rich experienced the biggest drop in their total net worth compared to anywhere else in the world, a new study shows.
Australian billionaire Gina Rinehart, the world's richest woman, has told Australians envious of rich people that they should stop complaining, work harder, and cut down on drinking, smoking and socializing.
A new study shows the wealthy give a smaller percentage of their income to charity than the middle class.
So, which billionaires own some of the world’s most expensive private islands? Click ahead to find out.
The study predicts that Singapore — that little Southeast Asian city-state with loads of Type A zeal — will be the world's richest nation by 2050.
Those earning incomes in the top one percent (like many Americans) rank themselves much lower than their actual position, and worry that the wealthy have "too much influence."
It turns out, Mitt Romney may not have been the only American political figure to have a Swiss bank account. The difference is — he paid his taxes but some of the others may not have.
The new mortgage granted to Facebook's maximum leader is symptomatic of how inequality is a slippery slope.
A survey from GlobeScan found that 58 percent of Americans say the rich deserve their wealth, and also the number of people who think the wealthy should pay more taxes has fallen in recent years.
Hans Kristian Rausing, who inherited a fortune made from drink containers, is being held in a death called "unexplained."
Discussing whether the middle class worries they will be taxed next, if the rich are taxed, with Scott Rasmussen, Rasmussen Reports founder & president. Marc Lamont Hill, "Our World" host, and Monica Crowley, "What the (Bleep) Just Happened," author, weigh in.