Richest News

For 20 straight years Microsoft co-founder Bill Gates has been the richest man in America and at moments, the world's wealthiest man. He has now again surpassed telecom billionaire Carlos Slim to become the richest person on the planet.

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).

Mexico's Carlos Slim became the first person from a developing nation to be named the richest person in the world. He's worth $53.5 billion.

In a downstream economy like ours, it's somewhat a glimmer of hope to talk about riches -- at least the ones that we consider as "honest" money.

Condé Nast Portfolio magazine’s Generosity Index rates billionaires’ philanthropy relative to their wealth. The most recent study shows Warren Buffett is the most generous billionaire in the U.S.

Forbes has just released their new list of the richest dead celebrities. Elvis Presley is listed at the top of the list with earnings of approximately $49 Million. He was 2nd on the list in 2006.

The richest person in the world is not Bill Gates. It's not Warren Buffet either. Nor is it Carlos Slim Helu. The richest person in the world is now Indain billionaire Mukesh Ambani.

The twenty-six year-old daughter of a rags-to-riches property developer is China's wealthiest person, with a $16 billion fortune, Forbes magazine said on Monday. She must be the Paris Of China.

Arsenal becomes the Great Britain’s richest football club and without any additional investment from foreign investors. The club crossed the £200m barrier after they moved to the Emirates Stadium this year.

The richest 2% of adults in the world own more than half of all household wealth, according to a new study by a United Nations research institute.