If you want to be among the elite 1 percent of the 1 percent, consider Harvard.
Billionaires around the world are flexing their philanthropic muscles.
One of the richest women in the U.S. escaped detection by those who track 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?
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.
Think you’ve experienced the pain of investment losses? Everything being relative, the net worth of Carlos Slim, the world’s richest man according to the Bloomberg Billionaires Index, dropped an astounding $478.4 million in a day. As of March 2, his total net worth was $68.5 billion, making his one-day loss much less significant as it
Back in August, I wrote about investor Warren Buffett’s plea to the wealthy to publicly commit to donating most of their fortunes to charity. Called the “Giving Pledge,” it immediately attracted heavy-hitters like Oracle founder Larry Ellison, movie producer George Lucas, and oil tycoon T. Boone Pickens. Recently, 16 additional billionaires signed up (which raises
It looks like billionaire investor Warren Buffett has started a trend in charitable donations. In an interview last month during a conference for technology and media leaders, Buffett said he hoped wealthy people would enrich society by pledging at least half their fortunes to philanthropy. He has donated 99 percent of his own fortune to
It didn’t take long for the billionaires to start dying this year, leaving the U.S. Treasury mourning millions in lost estate taxes, and many happy heirs. On March 28, Texas gas pipeline billionaire Dan Duncan, the 74th richest person in the world, died. Under the estate tax of 2009, he would have owed up to