JAPANESE fashion tycoon Yusaku Maezawa is giving away US$9 million to his Twitter followers in what he says is a "social experiment", to see if the payment boosts their happiness.

THE BOTTOM LINE

THE world's billionaires do not have everything their own way these days. They are still rich and powerful, but they are less feted for exceptional achievement and are under pressure to pay more...

THE BOTTOM LINE

IMMENSE wealth isn't good for your reality sense. Billionaires aren't necessarily bad people, and most of them probably aren't. However, some are, and my unscientific sense is that billionaires...

[MANILA] PAL Holdings Inc president Lucio "Bong" Tan Jr, son of Philippine billionaire Lucio Tan, died on Monday after collapsing while playing in a basketball game days earlier. He was 53.

[ZURICH] The world's richest people became a little less well off last year, according to a report by UBS and PwC, as geopolitical turmoil and volatile equity markets reduced the wealth of...

[HONG KONG] A Thai billionaire was the latest to call for an end to the violence in Hong Kong with advertisements in local newspapers, joining local tycoons dealing with the economic fallout from...

THE Kings Arms Hotel is a 300-year-old inn next to London's Hampton Court Palace, once the home of Henry VIII. It's poised to open soon after refurbishment, with rooms costing about £250 (S$429.50...

[HONG KONG] Some Hong Kong tycoons have started moving personal wealth offshore as concern deepens over a local government plan to allow extraditions of suspects to face trial in China for the...

JAY-Z is officially hip-hop's first billionaire, Forbes declared on Monday, founding his kingdom on entertainment but also reaping earnings from liquor, art and real estate.

[SINGAPORE] Dan Gilbert, the billionaire founder of mortgage giant Quicken Loans Inc and owner of the NBA's Cleveland Cavaliers, is "awake, responsive and resting comfortably," a day after...