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'Sailing changed forever' after Cup classic: Ellison Billionaire yachtsman Larry Ellison said the thrilling America's Cup series had changed the face of the sport after his Oracle Team USA completed a miraculous comeback.

26 September 2013

Australian tycoon to sue Murdoch, claims wife 'Chinese spy' Flamboyant Australian billionaire Clive Palmer on Thursday said he plans to sue Rupert Murdoch over unflattering allegations and claimed the media mogul's estranged wife is a Chinese spy.

05 September 2013

Hong Kong fortune teller appeals Nina Wang will conviction A former Hong Kong fortune teller has filed an appeal against his 12-year jail term for forging the will of late billionaire Nina Wang in a bid to steal her fortune.

11 July 2013

Ex-fortune teller jailed for forging will in Hong Kong A Hong Kong court Friday sentenced a former fortune teller who claimed to be the lover of late billionaire Nina Wang to 12 years in jail after finding him guilty of forging her will.

05 July 2013

Rinehart loses $7 bn but still Australia's richest Mining magnate Gina Rinehart had Aus$7 billion (US$6.8 billion) wiped off her fortune in the past year but remains Australia's wealthiest person.

22 May 2013

US billionaire Warren Buffett optimistic on stocks Billionaire Warren Buffett is praising the policies of both President Barack Obama and his predecessor George W. Bush for moving the US economy in the right direction.

06 May 2013

Virgin Galactic tourist spaceship breaks sound barrier Virgin Galactic's passenger spaceplane, which is designed to take tourists to the edge of space, flew its first rocket-powered test flight Monday, breaking the sound barrier at high altitude.

30 April 2013

Titanic tycoon launches political party in Australia Australian billionaire Clive Palmer, the tycoon who is building a replica of the ill-fated Titanic, on Friday unveiled his new political party and said he would run in the September 14 elections.

26 April 2013

US billionaire wins $12 mln in damages in wine fraud case A New York jury on Friday awarded $12 million in damages to a US billionaire, who said he had been defrauded when he paid thousands of dollars for supposedly vintage wine that turned out to be fake.

13 April 2013

US billionaire wins fake wine trial A New York jury on Thursday backed a US billionaire who complained that wines he bought costing thousands of dollars a bottle were phony.

12 April 2013

Titanic II titan unveils Australian dinosaur park plan An eccentric Australian mining magnate who is building a replica of the ill-fated Titanic on Saturday unveiled his latest scheme -- a park of giant robotic dinosaurs.

01 April 2013

Billionaire Rinehart 'offered daughter $300 mln to end feud' Australian billionaire Gina Rinehart offered her estranged daughter Hope Aus$300 million (US$306 million) in a bid to end a sordid feud over the family fortune.

14 March 2013

Five Kazakhstan citizens on Forbes richest list Forbes magazine included 5 Kazakhstan citizens in the updated list of the richest people on the planet.

06 March 2013

Asia has the world's most billionaires: survey Asia has more billionaires than any other continent, followed by North America and Europe, according to a survey.

28 February 2013

Berkshire, 3G buy ketchup maker Heinz in $28bn deal Billionaire Warren Buffett's investment powerhouse Berkshire Hathaway and Brazilian-led 3G Capital announced Thursday they would take over venerable US ketchup maker Heinz in a deal worth $28 billion.

15 February 2013

Brazil, Mexico have most Latin American billionaires Brazil and Mexico have the most billionaires in Latin America but earn the least from estate taxes, according to a new study from a regional economic group.

31 December 2012

Abramovich eyes Australian gas investment - report Chelsea football club owner Roman Abramovich jetted into Australia for talks with resource company Linc Energy, renowned for its underground coal gasification (UCG) technology.

08 November 2012

Bill Gates still richest person in US, says Forbes Bill Gates remains the richest person in the United States with a fortune of $66 billion in 2012, up 10 percent from last year.

20 September 2012

Abramovich could not pull Putin strings: judge Chelsea football club owner Roman Abramovich enjoyed "privileged access" to Russian President Vladimir Putin but held no significant influence over him.

20 September 2012

Billionaire Buffett cancer treatment over: report Billionaire investor Warren Buffett has completed radiation treatment for prostate cancer, according to a newspaper owned by the larger-than-life financier.

17 September 2012

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