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Eike Batista just got his big first fine related to the collapse of his...

Former billionaire Eike Batista is facing his first official sanctions from the collapse of his billion-dollar empire.The New York Times reported Wednesday that Brazil's securities regulator charged...

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San Francisco's top 5% of earners blow the rest of the country out of the water

The Brookings Institution recently released a report showing the income gap between the bottom 20% of households and the top 5% in the fifty largest US cities.Inadvertently, Brookings has discovered a...

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A billionaire with his own private army is fighting the government in Ukraine

Igor Kolomoisky was once called Ukraine's "secret weapon" as the 52-year-old billionaire raised his own private army to fight off separatist forces attempting to capture the country's third-largest...

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The wealthiest people in America live in these states

In a new report on wealth in America, wealth intelligence firm Wealth-X revealed that California has more super-wealthy residents than New York. California now has 13,445 people who are worth more than...

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Meet the richest Brazilian in the world, who partnered with Warren Buffett to...

Kraft and Heinz are coming together in a massive merger that will create the fifth-largest food company in the world. Two investment firms are behind it, Berkshire Hathaway and 3G Capital.Of course you...

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Here's what you need to study in college to become a billionaire

Prospective university students set on making their millions should sign up for some extra engineering lectures, new analysis has shown.More than a fifth, or 22 per cent, of the world’s wealthiest...

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The truth about Spanx — a woman's dirty little secret when dressing up

The BI Life team gives us a crash course on Spanx. Spanx is an American hosiery company founded in 2000 by Sara Blakely.The company mainly manufactures pantyhose and other undergarments for women and,...

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15 mega-yachts worth a total of $5.5 billion — and the lucky men who own them

.Join the conversation about this story »NOW WATCH: Top Gear cast responds to Jeremy Clarkson's suspension

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The fabulous life of Bob Parsons, the billionaire founder of GoDaddy

GoDaddy went public today, nearly 10 months after filing for an IPO in June 2014. With a 28% stake, founder Bob Parsons is still the company's largest shareholder. Parsons left his position as...

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China has 41 brand new billionaires thanks to a surge in share prices

The recent surge in share prices on the mainland has created at least 41 new super-rich people in the nation whose individual net worth exceeded US$1 billion during the past two months, Forbes business...

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15 awesome women who outshine their rich and famous husbands

These wives of some of the world's most rich and famous men are no slouches.Despite having access to all the money in the world, they have written novels, started companies, edited magazines, and...

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A billionaire shares the best thing he’s ever done with his money

Entrepreneur John Paul DeJoria is the co-founder of Paul Mitchell hair products and Patrón tequila.Ever since I was a child, I've enjoyed making others feel great about themselves even when I didn’t...

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Billionaires and millionaires are going nuts with their personal staffs

Got a billion dollars? Or a few dozen million? Then it might be time for you to set up a family office with a staff of uber-niche personal assistants – and there are a lot of people out there to help...

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Most of the world's billionaires didn't inherit their wealth — they earned it

A new infographic from All Finance Tax highlights the richest people in the world, along with some interesting patterns.For instance:Eight of the 10 richest billionaires in the world are AmericanTwo of...

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The countries where it's easiest to become a self-made billionaire

"SuperEntrepreneurs" are the Cinderellas of the business world. They're the most entrepreneurial of entrepreneurs, the extreme rags to riches stories: they are self-made billionaires.The London-based...

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11 super successful tech leaders who struggled when they first arrived in...

More than a third of the top tech companies in the US were founded by people born outside of the country.Their success stories drive many immigrants to come to the US in hopes of realizing the American...

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John Paul DeJoria describes what it felt like to become a billionaire

It's easy to see why John Paul Mitchell Systems hair care and Patrón tequila cofounder John Paul DeJoria likes to defend the American Dream— he embodies it.Born in Los Angeles in 1944 to poor immigrant...

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Elon Musk's first wife explains what it takes to become a billionaire

Justine Musk, the first wife of billionaire Elon Musk, knows a thing or two about wealth and hard work — her ex-husband is a founder of PayPal and the CEO of Tesla and SpaceX and has an estimated net...

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The incredible real estate portfolio of Oracle billionaire Larry Ellison

Former Oracle CEO Larry Ellison is no stranger to the real estate market — he's been called"the nation's most avid trophy-home buyer" and has all but taken over entire neighborhoods in Malibu and the...

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6 hustles Warren Buffett used to make $53,000 by age 16

Warren Buffett — now worth more than $71 billion— has had a hunger for wealth since he was a tube-socked teenager.Through numerous schemes, the would-be Oracle of Omaha amassed the equivalent of...

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