The billionaire boom of the past five years has now undergone a natural correction. Report. Billionaires are transforming the business of global philanthropy. Billionaire-controlled companies have returned almost twice the average market performance over the past 15 years. This is one of the findings of the annual UBS and PwC Billionaires Insights report, … Read more
Facebook founders top the Wealth-X list of the world’s top 10 richest individuals under 40. The list is dominated by male technopreneurs, with four of the men deriving their fortunes from their early involvement in Facebook. Self-made Mark Zuckerberg (30), co-founder, chairman and CEO of online social networking service Facebook claims top spot with 35,1 … Read more
North America – the region with the most billionaire wealth in 2013 – overtaken by Europe in terms of billionaire wealth. 155 new billionaires were minted this year, pushing the global population to a record 2,325 – a 7% rise from 2013, according to the second Wealth-X and UBS Billionaire Census 2014, one of the … Read more
China’s wealthiest women reflect the reality of China’s real estate market. The combined wealth of the top 15 wealthiest women in China exceeds US$30 billion, with real estate wealth dominating China’s female billionaires top compiled by Wealth-X. The wealthiest female billionaire in China, Huiyan Yang, vice chairman of Country Garden, is the youngest on the … Read more
Chinese Online Gaming Co-Founder Most Likely To Become Next Female Billionaire Qianqian Luo , who is co-founder of Shanda Interactive Entertainment, is most likely to be the next female billionaire with a net worth of US$910 million, according to Wealth-X’ “Top 13 Female Self-Made Future Billionaires” list. Marissa Mayer , Silicon Valley’s golden girl and … Read more