Fininvest SpA, the holding company of the Berlusconi family, has received bids for the late media tycoon Silvio Berlusconi's villa in Sardinia, according to a company statement.
South Africa is considering lowering the threshold for its high-wealth tax unit, expanding the number of rich taxpayers it monitors to boost government revenue.
The honeymoon is officially over for burrito baron Steven Marks: Just a year after Guzman y Gomez Ltd.'s blockbuster market debut made him a multimillionaire, the founder's fortune is getting hammered.
Governor Gavin Newsom has rallied enough support from local Democratic leaders to plow ahead with a controversial initiative to redraw California's congressional maps. A key next task: tapping the state's wealthy to help sell the plan to voters.
Lululemon Athletica Inc. founder Chip Wilson pledged shares in return for cash for the third time in just over a year, freeing the billionaire to spend on other matters and maintain his voting influence over the yogawear-maker he founded nearly three ...
China beverage heiress Kelly Zong is seeking to appeal two orders imposed on her over the $1.8 billion assets held in an HSBC Holdings Plc bank account as part of an inheritance feud with her half siblings.