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
Billionaire investor Carl Icahn questioned the timing of certain stock sales by Forest Laboratories' CEO Howard Soloman today, and discusses his concerns over its corporate governance.
A Morgan Stanley strategist has come up with a new yard-stick for national competitiveness: the billionaire indicator.
Affluent women are more likely to vote for Obama, but on the whole, affluent and wealthy voters are leaning toward Romney, reports CNBC's Robert Frank.
Excalibur Almaz will charge wannabe astronauts an average of £100 million for a six to eight month journey exploring deep space
To meet the demand, companies have sprung up around the world to reinforce and bulletproof cars and trucks — a practice known as “up-armoring.”
High-end New York brokers were asked: If your client were spending $30 million or more, what five apartments would you show them?
CNBC flew to Nebraska to spend some time with Warren Buffett bodyguard Dan Clark during a two-day executive training session he organized for dozens of security guards.
For the average American, a home alarm system may be the extent of his or her security detail. But the super-rich are taking security to a new high in technology and price.
Whether it’s wealthy French or Americans fleeing the prospect of higher taxes or wealthy Russians and Chinese trying to escape political uncertainty, millionaires and billionaires around the world are migrating like never before, according to government statistics and relocation experts.
According to Forbes, only 8.5 percent of the world’s 1,226 billionaires are women. Why aren't there more?
In China, more than 2,800 women gathered to meet, and possibly marry, a group of 11 men purportedly worth a billion yuan.
How new millionaires can hold on to their riches, with David Greenberg, Greenberg Capital founder and James Altucher, Formula capital managing director. "People would pass me on the street and ask to borrow money," says Altucher.
Donald Trump, Trump Organization chairman & president, sounds off on whether Facebook's Mark Zuckerberg will obtain a prenuptial agreement if he marries his girlfriend, with the "Squawk Box" crew.
CNBC's Kate Kelly reports on the details of legendary energy trader and billionaire hedge fund manager John Arnold choosing to retire and dedicate himself to philanthropy.
The Senate is set to vote on the "Buffett Rule," President Obama's tax proposal that would require people making more than a million dollars a year to pay a minimum tax rate of 30 percent. Gene Sperling, White House economic adviser, shares the Administration's perspective.
Despite the Internal Revenue Service's promise to bring new scrutiny to the super rich, a new report finds that of nearly 8,300 individuals with income of $10 million or more, as few as a dozen may have been audited.
Discussing President Obama's tax proposal, with Jared Bernstein, Center on Budget & Policy Priorities and Dan Mitchell, Cato Institute.
Defying the economic slump, celebrities, corporate titans and Internet entrepreneurs in recent years have upgraded to bigger planes, with leather seats, plush bedrooms and opulent boardrooms.
Like other Americans, high net-worth investors are feeling upbeat about the economy’s near-term fortunes of late, according to a new survey. So why aren't they diving into the stock market?
The list of those whose careers have been made or influenced by billionaire investor Richard Rainwater reads like a guide to contemporary American business.