The divorce battle between Bill Gross and his ex-wife turned extremely nasty, after the billionaire kicked up a stink and resorted to petty revenge tactics.
The software giant splurged big bucks to buy a software development company, and in the process put a lot of money into the pockets of three lucky tech boffins.
Nine South African-born individuals appear on the Sunday Times Rich List and, whilst some names are familiar, others fly a little more under the radar.
Viktoria-Katharina Flick and twin brother Karl-Friedrich Flick are worth more than R22 billion each, but there’s a reason they’re keeping a very low profile.
Your Instagram is great, sweetie, but you’ve got some way to go before you can rival Gustav Magnar Witzøe. It helps that he’s worth R22,6 billion.
Patrick Soon-Shiong might be America’s wealthiest doctor, but his reasons for buying one of the country’s most popular newspapers stem from growing up in South Africa.
When your net worth reaches a billion rand you’re doing just fine, but to play in the big leagues you’ll need a billion greenbacks. Now there’s another South African on that list.
Evan Spiegel and his Snapchat money isn’t going to run out any time soon, but he’s actually second on the list of youngest self-made billionaires.
As you can imagine Red Bull brings in a decent amount of money, but you’d be hard-pressed to see those making bank splashing the cash.
When you’re worth close to R90 billion you’ve certainly got a little wiggle room, but no one takes dropping over R20 billion lightly.
When Bill first met him, Warren couldn’t send an email and Bill didn’t know much about finance. Now 25 years later they’re still going strong.
Damn, billionaires under the age of 35 are a real thing – and most of them have the God of Technology to thank.
These guys have done well for themselves… Our country’s five wealthiest men – they show that hard work does indeed pay off (no pun intended).
Warren Buffet didn’t make his billions by not knowing what’s going on with the economy. He clearly has an inside piece of information, and is selling stocks at a fast pace…
First weekend after pay-day (or just before pay-day for some of you) and most of us still have money on our minds. Mark Zuckerberg, however, is unlikely to EVER need to worry about money again at this rate…
A mysterious billionaire has set a new Guinness World Record for having the most expensive life insurance policy, $201 million. On top of that the annual premiums on the policy are costing the unknown billionaire a couple of million dollars.
A lotto winner wasting his windfall on parties and hookers, or a retired sports personality sitting in a spot of financial bother doesn’t come close to comparing to these gentleman. After making it to the pinnacle of the billionaire echelons, more than a few have made quick work of losing it all.
It’s time to make you feel like you haven’t accomplished a dang thing in your life. 31 of the 1,645 people that made the Forbes Billionaires List are under the age of 40. Here are the five youngest billionaires on the planet.
Forbes lists the outgoing Naspers CEO, Koos Bekker, as having an estimated net worth of $1.1 billion. They rank him as the 24th wealthiest person in Africa. There’s one important fact that you should consider when looking at his net worth, he is a self made billionaire.
Athens takes bronze with $15 billion. Beijing gets bumped down to silver with $40 billion. And the gold medal goes to Russia with $50 billion, making the Sochi 2014 Winter Olympics the most expensive Olympics ever. Let’s meet a couple of Russia’s wealthiest individuals responsible for the bill.
Super-yachts have become the mainstay for billionaires across the globe,making an already exclusive even more nichey. A report from Wealth-X and the UBS Global Billionaire Census (really,that’s a thing?) has found that the average billionaire spends $22 million on yachts, which equates to around a measly R226 million. In that spirit, check out the top five most expensive super-yachts, and feel bad about yourself.
Forbes has released their list of the richest people in America. They said: “Five years after the financial crisis sent the fortunes of many in the U.S. and around the world tumbling, the wealthiest as a group have finally gained back all that they lost.” Guess who’s on top. Go ahead, guess
A study has revealed that South Africa is the favoured country in Africa for millionaires. There are over 35,000 millionaires living in South Africa according to senior analyst at New World, Andrew Amoils.
Brazilain billionaire Eike Bastista has fallen on tough times losing billions in the space of a year. The tycoon, once number 7 on the Forbes wealthiest list, is now being called the “master of road shows” by critics.
As of now, there are 1,426 billionaires in the world, but only 29 of them are under 40 years old. The people on that elite list have a total net worth of $199 billion (R1 trillion) between them. Here’s a peak at the top five on that list of 29
New studies show that the billionaires of this world didn’t get to where they are by luck, or even hard work, alone. It turns out that people who get really, really rich are basically just smarter than you.
It’s one thing to be a billionaire in say, Zimbabwean dollars. It’s quite another to be a billionaire in US dollars. The 2011 Forbes list of wealthiest people, released this week, includes four South African US dollar billionaires out of a total of 14 Africans on the rich list. Here’s the line-up of our wealthiest locals…