BOSTON, Oct 20- Billionaire investor William Ackman, whose fund is the largest shareholder in Allergan Inc., and Valeant Pharmaceuticals said the botox maker's Chief Executive Officer David Pyott tried to discredit Valeant as it was making a hostile takeover bid, court documents showed. Ackman's hedge fund has been working with Valeant for months to craft a...» Read More
Stung by revelations about his ex-budget minister's Swiss bank account, French President Francois Hollande pushed legislation aimed at making elected officials disclose their wealth.
A new study shows that the stock boom has benefited the rich more than the less affluent, whose wealth is concentrated in their homes.
Singapore could overtake Switzerland as the world's capital for offshore wealth by 2020, a new report says.
"G.I. Joe: Retaliation" won the box office battle, fighting off competition from cartoon cavemen, a Tyler Perry drama, and an alien-possessed heroine trying to save the human race.
Berkshire Hathaway billionaire Charles Munger is giving a $110 million in stock to the University of Michigan — the largest donation in its history — for a graduate student residence hall.
A nearly 75 carat diamond's sale at Sotheby's offers further evidence of the roaring bull market in hard assets.
As Hamptons homeowners battle beach erosion, a flurry of construction is touching off bitter disputes over the environment, real estate and class.
The founder of the hedge fund Third Point has reportedly purchased the 200-foot "April Fool" from Sandy Weill, the former CEO and chairman of Citigroup for about $52 million.
In the highly personal interview, the cable magnate talked about his wealth, his land holdings and the one toy he does enjoy: Barry Diller's yacht.
The recent birth of a daughter to Roman Abramovich and his girlfriend helps explain why the Russian billionaire has kept his mega-yacht docked on Manhattan's West Side.
Higher than expected tax revenues resulting from outsized gains by the wealthy in 2012 could ease the budget pressures in Washington — or stoke arguments over taxes and spending.
A new study is turning the American dream on its head: Maybe it's not hard work that brings success and money. Maybe it's sheer brainpower.
That'll give him something to wine about: A judge awarded a billionaire $12 million after a tech entrepreneur sold him vintage wine that turned out to be fake.
A new study from Duke University shows that 45 percent of billionaires are in the top 1 percent of intelligence, with the "Power Lunch" crew and Business Insider's Henry Blodget.
The gusher of cash from the Fed explains why prices for everything from 1950s Ferraris to Brazilian farmland to old U.S. stamps are surging.
Raul Moreno, IBillionaire co-founder, explains how his app can help people invest like Warren Buffett or Carl Icahn.
Cosmetics tycoon Leonard Lauder has promised New York's Metropolitan Museum of Art his long-sought collection of Picassos and other works.
Which ZIP codes were home to the priciest home sales? A new report takes a look.
A new yacht launched Friday bumped Russian oligarch Roman Abramovich's yacht – the 536-foot Eclipse – from its number one ranking.