Minecraft founder Markus Persson is the ultimate bachelor—35 years old, a billionaire, and newly single. And now he's got the ultimate bachelor pad.» Read More
Freddie Mac used a flawed analysis when it accepted $1.35 billion from Bank of America to settle claims that the bank misled it about loans purchased during the mortgage boom, according to an oversight report scheduled for release on Tuesday.
Warren Buffett's estimated fortune dropped by $6 billion over the past year to $39 billion in the just-released Forbes 400 list of richest Americans. He's the only person in the top 20 to see his wealth drop. But he's also number one on the magazine's ranking of biggest charitable gifts made by members of the Forbes 400 club.
When Discovery Communications set out to reformat HD Theater, the nine-year-old home of high-definition documentaries, its executives assessed the crowded cable programming landscape and asked what was missing — where there was “white space,” as one later put it. The New York Times reports.
We've put together a list of the top 10 richest people in China based on the Hurun Rich List. Find out who are China’s top billionaires and which companies they run.
Warren Buffett says the two new money managers he hired will be paying taxes at a much higher rate now that they'll be getting a salary from Berkshire Hathaway, but they're not bothered "one bit."
As demand outpaces the constrained small supply of gold — who has the most?
Napoleon Hill who died in 1970, remains one of the leading voices in the self-help genre. His books continue to sell worldwide. His 1948 "Think Your Way to Wealth" was recently reissued and still offers new lessons in the importance of teamwork and self-awareness.
Relationship Managers in Asia tend to see themselves more as the clients’ ambassador within the bank than as the bank’s representative with the clients, as they constantly move from bank to bank.
After the downgrade of American debt, many Chinese asked whether their government had invested wisely. The NYT reports.
Scaling back on stocks in countries with economic woes might be tempting, but few knee-jerk investing strategies born in uncertain times prove wise, the New York Times reports.
Chinese companies are using new techniques that help make pearls cheaper, throwing the industry into turmoil. The NYT reports.
There is a lot that is getting better about the U.S. economy but the continued uncertainty on the debt ceiling talks is causing UBS' high-net-worth clients to hold on to more of their cash, Robert McCann, CEO of the Wealth Management Americas business, told CNBC Thursday.
Americans who illegally download songs and movies may soon be in for a surprise: They will be warned to stop, and if they don’t, they could find their Internet access slowing to a crawl, the New York Times reports.
After steadily climbing for several years, the number of Americans filing for bankruptcy is on the decline, though that is not necessarily an indicator of an improving economy the New York Times reports.
To adapt the exchange between Ernest Hemingway and his literary agent: the super-rich are very different from the rich. They have even more money, according to the FT.
Laurence Graff, who has sold his luxurious diamond jewelry to everyone from Oprah Winfrey to Arnold Schwarzenegger, sees serious potential in Asia's rising number of wealthy shoppers and is making a big push into China.
The different styles of investors in Europe and Asia pose unique challenges for the bankers managing their money.
I've been covering the reported sale of Candy Spelling's mega mansion in Holmby Hills, just around the corner from Hugh Hefner's Playboy Mansion. Hef, the new neighbor is your kinda guy.
According to reports, Petra Ecclestone's father, Formula One boss Bernie Ecclestone, has bought his daughter a 56,500-square-foot mansion (plus the 17,000-square-foot attic) that Candy Spelling has had on the market for $150 million, the highest U.S. home price ever.
Should the government confiscate all wealth from the dead by imposing a 100 percent inheritance tax?
As an investor, do you actually know the difference between a fiduciary vs. suitability standard?
Year-end is a good time to review estate plans, particularly if you've had a change-in-life circumstance in 2014.
When it comes to liquid alternatives, research, moderation and patience are the keys to success with this asset class.