Warren Buffett, Rupert Murdoch, Carlos Slim, Amancio Ortega, Juan Roig, Giorgio Armani and Bernard Arnault are facing one of the most critical moments for any family business: generational change. And in some cases, it is far from clear who will be their successor
These days, donations are very volatile, with rich countries increasingly focused on financing domestic causes. They are turning their backs on the Global South
Buffett has long said investors are better served focusing on Berkshire’s operating earnings, which exclude the value of its investments that can vary widely quarter to quarter
Berkshire bought nearly 4 million more shares of the Houston-based oil producer to give it more than 228 million shares and control of nearly 26% of Occidental
European Commission President Ursula von der Leyen says ‘global markets are now flooded with cheaper Chinese electric cars,’ with prices ‘kept artificially low by huge state subsidies.’
Some celebrities have made millions from investments, ranging from telecommunications to gin. They’re an example of the wide range of options open to those who have a high net worth – and a big public profile