Category billionaires

World’s 400 Richest Add $92 Billion in 2014 as Alibaba Jumps

The richest people on Earth got richer in 2014, adding $92 billion to their collective fortune in the face of falling energy prices and geopolitical turmoil incited by Russian President Vladimir Putin. Read more FULL REPORT Advertisements

A decade of slow growth?

By Fareed Zakaria From: Cnn.com: Every year at Davos, people like me try to get a sense of the mood of the place, take the temperature of people in this frosty mountain resort. Obviously, I will give you a highly impressionistic and personal picture, but it’s one I find useful since Davos does bring together […]

The Jewish Billionaires of Forbes

Twenty-five years ago, Forbes began to pursue the world’s billionaires. The magazine’s annual list netted a record 1,226 billionaires this year, worth a total of $4.6 trillion. Because Bubbe has been ragging you to marry up, Jspace has profiled the 17 Jews of Forbes’ list worth more than $10 billion. Source: http://www.forbes.com Larry Ellison: Net […]

Bank Of America Still World’s Biggest Wealth Manager

According to a report out today ranking the world’s 20 biggest wealth managers. BofA took the top spot with $1.944 trillion in assets in private banking followed by Morgan Stanley with $1.628 trillion and UBS AG with $1.559 trillion. The increase in AUM for the private banking industry was helped primarily by market gains which […]

What’s Next for the Son of Asia’s Richest Man?

Richard Li, the son of Asia’s richest man, Li Ka-shing, is known for straying from the family business and venturing into sectors on his own. The WSJ’s Deborah Kan speaks to Dow Jones’ Jeffery Ng about what the younger Mr. Li could be up to next. Source: http://live.wsj.com

Many Regulators Put Their Attention on How JPMorgan Marketed Its Funds

Authorities are responding to current and former JPMorgan financial advisers who said they had felt pressure to sell the bank’s products even when cheaper or better performing options were available. Source: http://dealbook.nytimes.com

Count ‘Em: 30 Billionaires Now Backing Romney’s Super PAC

It’s no secret that the super-rich have been more inclined to write checks to right-wing candidates so far this election cycle. What is a bit of a surprise is just how many members of the Forbes 400 have donated to one group in the last few months. Source: http://www.forbes.com