The ‘Billionaire Effect’ is alive and well across the world – and shows little sign of slowing

    The billionaire boom of the past five years has now undergone a natural correction. Report. Billionaires are transforming the business of global philanthropy. Billionaire-controlled companies have returned almost twice the average market performance over the past 15 years. This is one of the findings of the annual UBS and PwC Billionaires Insights report, … Read more

World’s most expensive watch sells for £24.2m in charity auction

All proceeds from sale in Switzerland go to research into Duchenne muscular dystrophy

Luxury player: why Bernard Arnault is making a blockbuster bid for Tiffany’s

France’s richest man has turned LVMH into a leviathan: this move will be the crowning glory of a calculating career

Labour explores plans to ban private jets from UK airports from 2025

Carbon emissions from sector shown to be equivalent to 450,000 cars each year – report

Virgin Galactic wins space tourism race to float on stock market

Sir Richard Branson beat Elon Musk and Jeff Bezos by listing his venture in New York

Tiffany takeover approach is all about chasing Chinese money

LVMH bid for jeweller is latest attempt to target China’s new wealthy generation