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The Incredible Disparity Between Park Ave, Manhattan And Park Ave, Bronx

It was in a cab driving down Fifth Avenue, passing an apartment building on E. 66th Street, that Michael Gross, author of a book about the rich and famous residents of 740 Park Ave., realized that the...

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How Billionaire Heiress Tamara Ecclestone Justifies Her $1 Million Handbag...

Billionaire heiress Tamara Ecclestone has a handbag collection valued at more than $1 million. Her father, Formula One boss Bernie Ecclestone, doesn't appreciate her shopping habit and often confronts...

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Meet The Rich And Famous Residents Of Malibu's Exclusive 'Billionaire's Beach'

Nicknamed "Billionaire's Beach," the Carbon Beach section of Malibu is home to Oracle CEO Larry Ellison, entertainment mogul David Geffen, former Dodgers CEO Jamie McCourt, and other business...

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Billionaires Are Going To Spur Online Consumer Demand, According To A Leading...

Martin Sorrell, founder of the world’s biggest advertising firm, said online promotions are set to boom in India, spurred by investments in retail by billionaires Mukesh Ambani and Sunil Mittal.Digital...

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A Billionaire Heir To Aldi Supermarkets Has Died

Berthold Albrecht, the billionaire heir of the cut-price supermarket chain Aldi and one of Germany's richest men, has died at the age of 58, his family announced on Friday.Albrecht was buried last...

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Don't Believe For An Instant That Billionaire Political Investors Have Given Up

I keep hearing that the billionaires and big corporations that poured all that money into the 2012 election learned their lesson. They lost their shirts and won’t do it again.Don’t believe that for an...

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Meet The World's Newest Billionaire, A 36-Year-Old 'Surfer Dude' Named...

Nick Woodman is the 36-year-old founder and CEO of GoPro, a wearable camera produced by Woodman Labs that can capture footage for athletes as they whiz down a mountain or surf 6-foot waves.Last week,...

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The Biggest Losers Of 2012

Stock markets can go up as well as down, as 2012 has proved. But there are plenty of City folk who can conspire to produce eye-watering losses for themselves even against the positive backdrop of a...

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The 10 Billionaires Whose Net Worth Rose The Most In 2012

Billionaires had a good 2012.According to Bloomberg, the richest 100 billionaires added $241 billion  to their wealth this past year.As a whole they're worth $1.9 trillion.Bloomberg kindly gave us the...

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HOUSE OF THE DAY: Billionaire Heiress Tamara Ecclestone Is Selling Her London...

British socialite and racing heiress Tamara Ecclestone has not been shy with her money. She is well-known for her $1 million handbag collection, posing naked with £1 million of her own money to promote...

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Bill Gates Is $7 Billion Richer Than He Was A Year Ago (MSFT)

After giving away $28 billion, Bill Gates is no longer the third-richest man in the world.He's the second-richest. You read that right. Despite his considerable, praiseworthy charity work, the...

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Fashion Designer Tory Burch Is Officially A Billionaire

Tory Burch is officially a billionaire.Her ex-husband Chris sold some of his stake in her company last week, ending an acrimonious legal battle and securing Tory's status as a billionaire. The women's...

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A Writer Describes Traveling With Late Billionaire Teddy Forstmann On His...

In 2011, Wall Street lost one of its greatest to brain cancer, billionaire private equity investor Teddy Forstmann.And while Forstmann was a huge public figure — he was a philanthropist who also owned...

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What It Was Like To Get Into A Fight With Late Billionaire Teddy Forstmann

Writer Rich Cohen had the pleasure and the frustration of being late billionaire investor Teddy Fortmann's shadow during his last days.In 2010 Cohen was contracted to ghostwrite Forstmann's biography,...

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15 Frugal Billionaires Who Live Like Regular People

Have you ever wondered what you would do with a billion dollars?These 15 frugal billionaires have answered that question for real, and their response is "not much."Instead of dropping dough on jets,...

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DISCOVERED: 8 Hidden Billionaires No One Knew Existed

Bloomberg News' Alex Cuadros & David de Jong have uncovered eight hidden billionaires that no one knew existed. These people have their fortunes in publicly-traded companies and live in Mexico,...

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13 Good Reasons Why You Should Become a Billionaire

Having a billion dollars would be pretty cool.  Everyone knows that.But why exactly? The mansions, exotic vacations and luxury cars are obvious, but there are TONS of other awesome perks that come with...

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Bloomberg's New Billionaires Page Will Let You Track The World's Richest Like...

Bloomberg has an amazing team of reporters hunting down the world's billionaires. Some of these super wealthy are out in the open and living opulently, others are hidden and living modestly.Veteran...

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Nazi Propaganda Minister Joseph Goebbels' Step-Grandchildren Are All...

The step-grandchildren of Nazi propaganda chief Joseph Goebbels are billionaires, although their wealth comes mostly from their biological relatives, Bloomberg's David de Jong reports.Here's how the...

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This Taiwanese Billionaire Is Launching An Asian 'Nobel Prize'

One of Taiwan's richest men on Monday launched what has been widely touted as the Asian equivalent of the Nobel Prize, and it is even more lucrative than the famed Swedish award.Samuel Yin, head of the...

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