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Billionaire Francois-Henri Pinault's two-decade-long reign at the helm of Gucci owner Kering SA is ending with the group at one of the lowest points in the family company's history. A key question for investors is whether he'll give his successor ...

Paintings and a photograph tied to the 1MDB scandal were sold at auction Thursday, with one artwork from Jean-Michel Basquiat fetching more than double its previous price.

Giorgio Armani, the billionaire designer who established one of the world's most revered fashion labels and helped define the "Made in Italy" slogan as a sign of quality for consumers, has died. He was 91.

For years, India's wealthiest families thrived in a geopolitical sweet spot.

Barings, the more than $456 billion asset management arm of insurer MassMutual, is exploring the sale of the JW Marriott Marco Island, a luxury resort on Florida's Gulf Coast, in a sign that the market for hotel transactions is perking up.

Saudi billionaire Prince Alwaleed bin Talal is in talks with the Public Investment Fund to acquire a majority of Al Hilal Football Club, in what would mark one of the most high-profile privatization efforts in the kingdom's football sector.

Alphabet Inc.'s Google doesn't have to sell its popular Chrome web browser, a federal judge ruled Tuesday in the Justice Department's landmark antitrust case against the search engine.

Colombia's richest citizens face a tripling in the top rate of wealth tax, as well as higher levies on salaries and luxury goods, as the leftist government of Gustavo Petro taps them to narrow the widest fiscal deficit since the pandemic.

Billionaire Mukesh Ambani's family has called off a weekend theatrical extravaganza scheduled for mid-September in New York, citing "unforeseen circumstances," as the US sharpened its attacks on India over Russian oil purchases.

New Zealand will loosen its ban on foreigners buying houses, opening the door for wealthy investors to purchase luxury properties as part of a push to revive its sluggish economy.