Less than a year ago major shale firms were saying they needed oil above $60 a barrel to produce more; now some say they will settle for far less.
Sumner Redstone was under "undue influence" from people around him, his ex-girlfriend argued in a court filing on Thursday.
Billionaire investor Bill Ackman told investors that he made mistakes last year in not cutting two big positions.
A California judge on Friday ruled that Viacom Executive Chairman Sumner Redstone can be examined by a doctor hired by Redstone's ex-girlfriend.
The billionaire investor says the slowdown in China is inflicting its problems on the rest of the world.
Metersbonwe, one of China's top brands, said in a statement to the Shenzhen stock exchange on Friday that founder Zhou Chengjian was back at work.
The founder of Metersbonwe, one of China's best-known fashion brands, has gone missing.
The billionaire investor's Pershing Square hedge fund finished off the year with a significant loss.
Lawyers for media mogul Sumner Redstone asked a court to dismiss ex-girlfriend Manuela Herzer's petition for a new evaluation of his competence.
This is what you need to consider if you are dedicating your billions to philanthropy, the FT reports.
A U.S. appeals court rejected the appeal of a prominent wine dealer who was sentenced to 10 years in prison for selling counterfeit wine.
More women from Asia are entering the billionaire ranks and unlike their Western counterparts, they tend to be self-made, a survey found.
James Purcell, head of ultra high net worth cross-asset strategy at UBS Wealth Management, discusses the various ways billionaires destroy their wealth.
CNBC's Robert Frank takes a look at how an increase in interest rates may impact the way the very rich stash their cash.
The billionaire entrepreneur is pushing for the colonization of Mars before it's too late.
One of China's best-known entrepreneurs is assisting authorities with an investigation, after an earlier report said the group lost contact with him.
The chairman of Fosun International, one of China's largest private investment firms has been unreachable.
Faraday Future is investing $1 billion in North Las Vegas to build electric vehicles.
A U.S. lawsuit raises new questions about the competence of Sumner Redstone and his ability as executive chairman of to run Viacom and CBS.
A Chinese man can now likely get free flights for the rest of his life after putting $170 million on his black Amex.