The highest bid for the uncut "Lesedi La Rona" stone was $61 million, which was below the minimum reserve price. » Read More
The U.K.'s vote to exit the European Union is expected to pressure results at this week's London auctions.
The tennis ball-size gem, a 1,109-carat white diamond, will be up for bid in a public auction in London, NYT reported.
The distressed investor tags in new lawyers, replacing a firm that worked on the SEC’s fraud case against her.
"George Soros did not speculate against sterling while he was arguing for Britain to remain in the European Union," a spokesman for Soros said.
The British pound is down in the water, and billionaire investor Wilbur Ross sees a buying opportunity.
Bullish positions in gold and volatility and short bets on China and emerging markets were some of the trades that benefited hedge funds on Friday.
The U.K. vote adds yet another wave of uncertainty to sales and profits at high-end retailers.
For the first time, Asia's millionaires are worth more than the high net worth individuals living in North America.
The NBA All-Star says you have to stay humble and always have a plan B.
From an IT tycoon to a cement giant, these Indian billionaires all have their parents to thank for their start in business.
Donald Trump said his "unlimited" trove of personal wealth would help compensate for his poor presidential campaign fundraising.
Donald Trump's campaign did not spend much in May. But a good chunk of what it did spend went to Trump companies.
Rooster McConaughey, co-chairman of the West Texas Investors Club, has a specific benchmark for success.
Chinese billionaire Chen Tianqiao has raised his stake in Lending Club following the recent ouster of the CEO.
Would you sell all of your belongings to travel the world? This entrepreneur did.
As the high-end market struggles to eke out revenue growth, there's one area where sales are flourishing: The web.
Advisors who want to capture the $30 trillion that boomers are passing on to heirs must embrace fintech tools to attract young clients.
Achieving billionaire status is something entrepreneurs dream of, but one billionaire says life afterward isn't that different than before.
It's becoming clearer what happens when a multi-million-dollar estate like Prince's is up for grabs: Would-be "heirs" come romping out of the shadows.
Charitable giving in the U.S. hit a record $373.3 billion in 2015, with individuals contributing more than two-thirds of that amount.
Many people approaching retirement or who are already retired have misunderstandings or misconceptions about Social Security.
Lackluster performance is a top reason investors switch advisors, along with poor communication and bad advice.
Half of all older workers retire early, often unwillingly, which often devastates carefully planned retirement savings.