DUBLIN, March 31- Canada's Fairfax Financial Holdings has sold half of its 5.8 percent stake in Bank of Ireland for more than triple what it paid for it in 2011, a source with knowledge of the deal said, pushing the share price down 6 percent. Bank of Ireland shares were down 6 percent at 36.2 euro cents at 0725 GMT following the sale, which was managed by Deutsche Bank.» Read More
A new yacht's multimillion-dollar price tag is just the beginning. From fuel to food to crew salaries, costs can easily add up to millions annually to fully operate and enjoy the vessel. Robert Frank breaks it down.
The Star Wars creator's wealth will soar to more than $5.2 billion after Disney purchases Lucasfilms.
CNBC's Robert Frank reports the multi-billion dollar yacht economy is struggling.
New York City officials are taking a closer look at the tax breaks given to two billionaires who bought penthouses at New York City's 90-story "One57" condominium. CNBC's Robert Frank has the story.
Sam Zell, Equity Group Investments chairman, reveals his top commercial real estate investments; where to find emerging market opportunities; his outlook on the U.S. economy; and thoughts on presidential politics.
"Unleash the animal spirits of America, unleash the small businessmen, unleash people like me," said Sam Zell, Equity Group Investments chairman, talking about allowing Americans to "get back to business."
"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.