A billionaire is funding the construction of a new version of the ill-fated liner.
Not all billionaires live in mansions, but they still live well.
Many of the super-rich don’t want to appear flashy, but this billionaire pulls out all the stops.
Luxury is an important part of Europe’s wealth, as reflected in its top 10 billionaires.
It was a good week for the ultra-rich, who added billions more to their net worth.
You’ve probably heard of 28-year-old Facebook CEO and founder Mark Zuckerberg, but do you know who Dustin Moskovitz is?
They used to be called “nerds” or “computer geeks,” but now you can call them multibillionaires.
If you could experience life as a billionaire for one day, what would you most look forward to: the VIP treatment, the opportunity to spend as much as you want on luxury, or would you seek opportunities to help others and make a difference?
From the Occupy Wall Street movement to reality TV to Bloomberg’s daily ranking of billionaires, fascination with the uber-rich has only increased, even as the effects of the Great Recession are still being felt.
So with a desire to “walk a mile in their Ferragamo loafers,” New York Times reporter Kevin Roose wondered what it would be like to be a billionaire for a day.
One Texas billionaire really wants President Obama to lose the election. And he’s putting part of his considerable fortune to work to try to make that happen by donating millions to super political action committees, or PACs.
Harold Clark Simmons, whose net worth is estimated at $10 billion, doesn’t state a preference for a particular Republican candidate. He just wants a Republican president and a GOP majority in the House and Senate. In a profile in the Wall Street Journal, he called Obama a socialist and says Republicans will rescue the economy from the current president’s agenda. He’s in favor of business deregulation and tax reform.
Last month, New York billionaire Carl Icahn made $100 million on a $2-billion bet that the benchmark Standard & Poor’s 500 Index would decline. Nice work if you can get it. An article in Investment News said the 75-year-old investor turned bearish in mid-August as the European debt crisis loomed and the outlook for the
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