The former New York City mayor, a longtime backer of historically Black colleges and universities, has a new initiative to ...

Russian billionaire Dmitry Rybolovlev largely lost a legal fight over whether his family trust was on the hook to provide ...

A flurry of recent investments is catapulting two upstart prediction-markets firms into the financial limelight, and turning ...

Czech billionaire Andrej Babis said he will place his conglomerate Agrofert into a blind trust to avoid conflict-of-interest ...

Joesley Batista, co-owner of a sprawling business empire led by the meat-processing giant JBS NV, is quietly positioning ...

Billionaire footballer Cristiano Ronaldo has taken a stake in Perplexity AI Inc., marking the Portuguese star’s most ...

UBS Group AG’s billionaire clients are planning to curb allocations to private equity funds amid a global slowdown in the market that’s left many buyout firms struggling to raise new cash.

The Benetton family’s holding company Edizione is setting up an alternative investment firm with about €3 billion ($3.5 ...

Gunvor Group owner and co-founder Torbjörn Törnqvist will step down and sell his majority stake in the energy trader to ...

US insurer Prudential Financial Inc. is considering selling its stake in South African financial-services firm Alexforbes, according to people familiar with the matter.

The largest creditors to Altice France met at Château Lafite Rothschild near Bordeaux on Monday to toast a debt restructuring ...

Finance industry billionaires are raising concerns over what they see as increasing risk in private markets fueled by steep rises in asset valuations, limited regulation and macroeconomic pressures.