Saturday 27 December 2014
 
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Christy Walton richest woman in the world

Christy Walton, who inherited a portion of the Walmart fortune after her husband’s death in 2005, is the richest woman in North America, and the world, with an estimated net worth of $37.9 billion, according to a Wealth-X list of the wealt

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US universities produce the most billionaires

Twenty-five billionaires obtained their bachelor's degrees from the University of Pennsylvania, making it the top university in the world in terms of number of billionaire undergraduate alumni, according to this year’s Wealth-X and UBS

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Dubai City ranked eighth in billionaire census

Dubai City has been ranked eighth in the world in terms of the size of its billionaire population, with 34 billionaires, according to a recent report. The ‘Top 20 billionaire cities’ listed in the Wealth-X and UBS Billionair

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UAE tops world in billionaire wealth growth

Billionaire wealth in the UAE surged to $132 billion in 2014 from $45 billion last year, marking a worldwide record increase of 193 per cent, a report said. The number of billionaires in the UAE also increased to 46 from 37 in 201

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Top five Indian billionaires' wealth hits $85.5bn

A wealth-X list of India's richest individuals has been released revealing the top 5 entrepreneurs who collectively control $85.5 billion in personal wealth. All five entrepreneurs on the wealth-X list made their fortunes through th

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Bill Gates with $76bn is world's richest again

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. With a net worth of $76

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Billionaire's arrest and Iran's battle within

While international sanctions have made life a struggle for many Iranians, they were a big break for businessman Babak Zanjani, who made a fortune helping the government evade the restrictions on oil sales. He also made enemies. A

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The world’s top 10 most expensive streets

In the wake of a recession that knocked as much as 40 per cent off the price tags of global prime property, the world’s wealthiest individuals are buying homes on top streets for higher-than-ever prices, according to data from Knight Frank

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Saudi billionaire Alwaleed sues Forbes

Saudi billionaire Prince Alwaleed bin Talal has sued Forbes magazine for libel in a British court, alleging its valuation of his wealth at $20 billion was short of the mark by $9.6 billion, Britain's Guardian newspaper reported.

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Ambanis ink $2.1bn telecom deal

India's billionaire Ambani brothers have announced a $2.1 billion deal to share telecom tower infrastructure, cementing a reconciliation between the once-warring siblings. The agreement is another tangible sign that the two ar

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