After Putin invaded Ukraine, Western countries grabbed 20 yachts to punish him and his cronies. Great PR move but terrible economics as many still rot in their berths, costing taxpayers millions.
The small group of people worth a dozen digits has hit a record high, just as Elon Musk approaches trillionaire territory.
Filippo Ghirelli made a small fortune in Italy then bet on one of India’s largest refineries, making him a billionaire. Now he’s out to build an empire from airports to data centers.
The convicted sex offender was worth nearly $600 million at his death, thanks mostly to two wealthy billionaire clients—plus generous tax breaks.
The unsealing of the fashion icon’s will shows he left nothing to chance, dividing his fortune among five now billionaires and naming potential buyers for his fashion house.
Giorgio Armani, the iconic fashion designer who had redefined luxury fashion since the late 1970s, died on September 4 at age 91. The reason for his death was not disclosed in a company press statement, but Armani had missed the Milan and Paris fashion weeks in June and July due to unspecified health issues and […]
Lauren Leichtman spent four decades building a super successful private equity firm with her husband. Now the couple is bringing their experience to the San Diego Wave pro soccer team. This story is featured in Issue 18 of Forbes Australia. Tap here to secure your copy. Lauren Leichtman wasn’t always into soccer. That changed after she […]
Before his second arrest and death in 2019, the convicted sex offender owned a property empire stretching from Paris to New Mexico. All of it has since been sold.
Since 2015, Giovanni Ferrero has expanded his family’s company beyond brands like Nutella and built a global powerhouse—especially through big acquisitions in the U.S.
In his second term, Donald Trump is still pushing forward with new deals all over the world. No one has more of them than Saudi real estate developer Yousef Al Shelash.