Sunday 26 June 2016
 
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Nepal billionaire to build new hotel in Dubai

CG Hotels and Resorts, the hospitality division of Nepal’s only billionaire Binod Chaudhary, has kickstarted the construction of its latest hotel project in Dubai's Jumeirah Lake Towers. The new hotel follows the announcement

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Iran billionaire sentenced to death for graft

A court in Iran has sentenced to death Iranian businessman Babak Zanjani and two accomplices for embezzlement, the judiciary said, in a case widely watched due to the billionaire's prominent role in helping the government evade oil sanctions

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Moroccan billionaire plans to build 200-m-tower

A leading Moroccan businessman plans to build a 200-m-tower in a strategic area near the Bou Regreg River, which runs into the Atlantic Ocean between the capital city of Rabat and Salé, said a report. Othman Benjelloune, wh

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Sumosan to open in Dubai's Billionaire Mansion

This March, revered contemporary Japanese restaurant concept Sumosan will launch within Flavio Briatore’s much-awaited Billionaire Mansion in Dubai. Billionaire Mansion will bring a sophisticated spectacular terrace and nightclub

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Sumosan to open in Dubai's Billionaire Mansion

This March, revered contemporary Japanese restaurant concept Sumosan will launch within Flavio Briatore’s much-awaited Billionaire Mansion in Dubai. Billionaire Mansion will bring a sophisticated spectacular terrace and nightclub

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Prince Alwaleed settles Forbes libel suit

Saudi Arabian billionaire Prince Alwaleed bin Talal said he had settled a libel suit against the Forbes magazine group over its reporting on his fortune, which he claimed was billions of dollars larger than the magazine estimated.

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Arab billionaires' wealth hits $155bn

Despite plunging oil prices, the number of billionaires in the Arab world rose to 49 this year - four more than last year -- with a shared wealth of $155.1 billion, up $7.4 billion, according to Forbes Middle East. The world&rsquo

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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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