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Billionaires News

Number of billionaires worldwide jumps 10%: study

Geneva - The number of billionaires worldwide rose above 1,500 last year, a 10 percent jump from 2015, due largely to a surge in Asia, Swiss banking giant UBS and auditors PwC said Thursday.

Trump's fortune slides by $600 mn on Forbes wealth list

New York - America's richest may be getting richer but President Donald Trump's fortune has slid by $600 million to $3.1 billion, according to a list of 400 billionaires released by Forbes magazine on Tuesday.

Bill Gates again world's richest man, Trump slips

New York - Microsoft co-founder Bill Gates once again topped the Forbes magazine list of the world's richest billionaires, while US President Donald Trump slipped more than 200 spots, the magazine said Monday.

Billionaire moguls elected to power

Paris - Donald Trump, the real estate mogul, reality TV star and US president-elect whose worth Forbes estimates at $3.7 billion, joins an ultra-elite group of billionaire business tycoons who have come to power through the ballot box.

Oxfam: Number of billionaires has doubled since financial crisis

The number of billionaires in the world has more than doubled since the global financial crisis of 2009, with inequality reaching new extremes, according to a recently-released report from the UK-based charity Oxfam.

Census finds that billionaires are hoarding their wealth

The Billionaire Census conducted by Wealth-X and UBS has concluded that the world’s richest people are keeping their money in cash, rather than investing it.

U.K. now has over 100 billionaires

London - The number of billionaires living in the U.K. has risen to more than 100 for the first time, according to the 2014 Sunday Times Rich List.

Bill Gates reclaims top of Forbes billionaire list from Slim

Bill Gates has returned to the top of Forbes magazine's annual list of the world's richest people, as rising stock markets swelled the ranks of billionaires, which included a record number of women.

The Porsche Building will house 2% of the world's billionaires

Th Porsche Building is underway in Miami, Florida, and it stands at 60 stories. Two percent of the world's billionaires will be housed there.

Billionaire investor: 'I've gotten rich at the expense of labor'

The billionaire founder of one of the world's largest investment firms has acknowledged that he has gotten incredibly wealthy "at the expense of labor" and is calling for higher taxes on the rich to help curb growing economic inequality.

Nigeria's former Niger Delta warlords now govt made millionaires

Abuja - It is being alleged that the message of the Nigerian state to would-be militants is that militancy pays. Recent reports say Nigeria is paying out millions of dollars to former Niger Delta "war lords" in the effort to sustain the "peace" in the region.

Forbes tracks top billionaires NYSE real-time losses and gains

New York - Forbes, famous for its 'lists' especially 'rich lists,' 'powerful people lists' and 'leading company lists,' now tracks in real-time the gains and losses of the world's top billionaires' investments during the New York Stock Exchange's hours of trading.

Denmark lottery mistakenly announces hundreds of billionaires

Copenhagen - The state-run Danish lottery blundered big time when it emailed 300 lottery players to congratulate them on a $3.8 billion win.

Op-Ed: The American GOP: Spoon-feeding the rich, bankrupting the nation

The GOP has executed the largest transfer of wealth in U.S. history. Due to unfair tax schemes and an obsession for selling out to corporations while hobbling the middle class, the U.S. has record numbers of billionaires and people living in poverty.

Filthy rich and getting richer

Even with world economies teetering on collapse and rampant inflation brought on by oil price spikes, this year saw the highest number of dollar billionaires on earth – 1,210 billionaires with a total net worth of $4.5 trillion (US).

Billionaires Invest $60 Million To Ensure Education Is High On '08 Agenda

Two of the world's richest men plan to spend $60 Million on 'Strong American Schools' in a political effort to put education high onto the agenda of the 2008 presidential race.

Forbes Billionaires List 2007

Forbes lists the World's Billionaires, 2007

See? Women Can Be Successful, Too

The billionare's-only Forbes list of the 400 richest Americans, at the very least, is no boys-only club.

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Rich and poor live in close proximity in São Paulo  Brazil s largest city.
Rich and poor live in close proximity in São Paulo, Brazil's largest city.
The Koch brothers have spent millions funding climate change denial.
The Koch brothers have spent millions funding climate change denial.
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