HONG KONG/ BANGKOK, May 30- Thai billionaire Charoen Sirivadhanabhakdi is considering buying cognac maker Louis Royer, people familiar with the matter said, potentially locking horns with a Philippine tycoon for the French firm amid a forecast rebound in Asian demand for luxury spirits. Liquor firm Emperador Inc, controlled by the Philippines'...» Read More
Two of the biggest names in real estate are forming a global alliance to create the largest network for homes priced in the top ten percent of the market. CNBC's Robert Frank talks to Howard Lorber, Douglas Elliman chairman and Lord Andrew Hay, Knight Frank, about the global marketplace.
India's Reliance Industries plans to invest about $13 billion in energy projects, including a 400,000 barrels per day crude refinery.
Activist investor Carl Icahn reported a 6.6 percent stake in Gannett on Thursday, a regulatory filing showed.
An Indonesian man sold millions of dollars of fake French wine to the wealthy was sentenced to 10 years in jail in Manhattan federal court.
Citadel CEO Ken Griffin has filed for divorce from his wife of 10 years. CNBC's Robert Frank has the details of the divorce, as well as a statistic on whether billionaires are more prone to divorce.
Hedge fund billionaire John Paulson netted $1.3 billion on an M&A deal, and Carl Icahn and Bill Ackman are "trading places" on Herbalife, reports CNBC's Kate Kelly.
Russian oligarchs are terrified of potential sanctions for their country's politics. CNBC's Robert Frank has the details.
CNBC's Robert Frank reports pressure is growing for the Oligarchs to pay a price for Russia's politics.
Legendary hedge fund manager Leon Cooperman's Omega Advisors has $10.7 billion in assets. In this collection of interviews, the Bronx-born, tough-talking, no-nonsense billionaire, shares his favorite stocks; why he really sold GM and his definition of having it all.
Klara Glowczewska, Town & Country Magaine, discusses this year's top luxury getaway destinations for the very wealthy, including philanthropic travel packages, and visiting "The Brando."
Mogul Chen Guangbiao is hoping to improve U.S.-China relations by hosting a charity lunch for several hundred poor Americans in New York City's Central Park, reports CNBC's Eunice Yoon.
Most stereotypes associated with the world's ultra-high-net-worth UHNW)population are just plain wrong, says research house Wealth X Institute.
Ford is looking to add a new environmental option to its tool box and it plans to team up with ketchup maker Heinz to to make it happen.
A Redfin report shows which billionaire could buy your city. CNBC's Robert Frank hosts "Who Wants to Buy a City" on "Street Signs," with CNBC's Brian Sullivan and Mandy Drury.
Thailand's economy was already struggling before the country's military seized power in a bloodless coup Thursday, saying it needed to restore order after six months of protests aimed at ousting the elected government.
Goldman Sachs is still doing business with Steven A. Cohen and extended a loan to the billionaire after his firm, SAC Capital Advisors.
Digicel founder Denis O'Brien is worth $5.7 billion, due to his mobile phone network provider in Central America and the Caribbean. In an interview at the Milken Global Conference, the former Bank of Ireland deputy governor describes improved conditions in earthquake-ravaged Haiti, thanks to millions of dollars in multinational corporate investment, more than 3 percent economic growth and a 20 percent boost in tourism.
While these may not be the best of times for hedge funds, they're still pretty good for the best of the best.
Billionaire investor Mario Gabelli told CNBC on Friday the unique arrangement to try to buy Botox-maker Allergan is unfair.
David Geffen says he, Winfrey and Oracle's Larry Ellison are joining together to bid for the team, according to ESPN.