Microsoft co-founder Paul Allen, who is rated by Forbes magazine as the world's 37th richest person, plans to give away most of his $13.5 billion fortune.
In the statement, Allen said his estate would support...
Mexican tycoon Carlos Slim may be the world's richest man but he limits his monthly salary to $24,000 and travels in a Suburban, according to his biography.
Mr Slim, 70, knocked Bill Gates form the...
Asia-Pacific millionaires are collectively worth more than their European counterparts for the first time, with the rich in China and India leading the way.
The report on high-net worth individuals (HNWIs) -- defined as anyone...
Warren Buffett’s lunch auction rose to a record of $2.63 million in the 11th annual charity fundraiser.
That’s about 24 percent higher than the previous record, set in 2008 when hedge-fund manager Zhao Danyang of...
Italy is the most expensive place in the world to berth a super-yacht, where it can cost up to €2,900 a night to moor a 24 metre-plus boat.
The Italian resorts of Capri, Porto Cervo...
The Hurun Research Institute published the 2010 Hurun Wealth Report today for the second consecutive year.
The report analyses the number and distribution of China's wealthy across the nation's major cities and provinces.
The report shows...
A Palm Beach billionaire has uncorked a suit charging Christie's auction house is in cahoots with counterfeit wine sellers.
William Koch is still steaming about four bottles of wine supposedly owned by Thomas Jefferson that...
The world's new richest man, Mexican Carlos Slim, and a fresh crop of billionaires in Asia helped lead a comeback for the wealthiest few on the planet in 2010, Forbes magazine said Wednesday.
The publication's...
