The current Asia-Pacific Wealth Report 2015 showed Asia Pacific has a larger number of high net worth individuals compared to North America. A recent study indicates Asia Pacific region had exceeded North America with the number of high net worth individuals.
Naguib Sawiris, the third richest man in Egypt announced he wants to buy an island either in Greece or Italy to relocate refugees from the war zone, Syria. He wants to name it 'Ilan' to remember Aylan Kurdi, the Syrian boy drowned on Turkish shore.
In just 135 characters, Minecraft creator Markuss Persson has expressed his feelings of existential meltdown on Twitter Saturday:
South Carolina - The Republican billionaire presidential candidate, Donald Trump, on Thursday, said he would decide in time if he will sign a pledge for the Republican presidential nominee. South Carolina Republican Party requires signing the pledge in order to vie for SC's critical primary.
Billionaire investor Carl Icahn said thanks but no thanks when real estate mogul turned Republican presidential candidate Donald Trump floated his name for U.S. Treasury secretary.
The chairman of a Chinese company that develops online games has agreed to pay $2,345,678 for a private lunch with billionaire investor Warren Buffett, winning a charity auction.
CEOs at large U.S. companies collectively realized at least $6 billion more in compensation than initially estimated in annual disclosures in the five years after the financial crisis first hit, according to a Reuters analysis. The reason for the windfall: the soaring value of their stock awards.
Warren Buffett, at a news conference in Bengaluru in 2011, lavishly praised Berkshire Hathaway executive Ajit Jain for smoothly running much of the conglomerate's insurance businesses.
Warren Buffett, in his annual letter to Berkshire Hathaway Inc shareholders last year, called America "the mother lode of opportunity."
Billionaire investor Warren Buffett said on Wednesday he is likely to buy a small business in Western Europe and he would like to buy more businesses abroad.
Mexican billionaire Carlos Slim has become the largest shareholder of New York Times Co (NYT.N) after exercising warrants to double his stake in the publisher to 16.8 percent.
Hedge fund manager Jim Chanos, the prominent short-seller, said Tuesday he has lightened up on some of his bets against Brazil, saying most of the country's downside risk is priced in after the sharp selloff over the past two months.
Venture capitalist Marc Andreessen said he was quitting EBay Inc's (EBAY.O) board following the online retailer's decision last month to spin off its electronic payment unit, PayPal.
Former Lehman Brothers Holdings Chief Executive Officer Richard Fuld Jr. and OpenMatch Holdings are involved in a deal to buy the Jersey City-based National Stock Exchange (NSX), the Wall Street Journal reported, citing people familiar with the matter.
Billionaire activist investor Carl Icahn tweeted on Wednesday, saying he would send an open letter to Apple Inc (AAPL.O) on Thursday.
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