Global spirits giant Bacardi Limited will acquire Patrón Spirits International AG, maker of the popular Patrón tequila, at an enterprise value of $5.1 billion, the companies...
Amazon, the global e-commerce behemoth, has brought incomparable scale to online retailing. In turn, it has brought incomparable wealth to its founder, Jeff Bezos. As of...
The acquisitive plans of South African retail king Christo Wiese took a hit Wednesday when Steinhoff, the retail conglomerate he chairs, said its chief executive Markus...
Amazon CEO Jeff Bezos’ two day streak as the world’s only centi-billionaire is over – for now. Bezos’ net worth topped $100 billion for the first...
Starbucks chairman and former CEO Howard Schultz has never been one to hold back on giving his opinion about the state of the country. On Thursday, speaking at the...
The net worth of billionaire Saudi prince Alwaleed bin Talal Al Saud—who was detained by the Saudi government on Saturday as part of what officials have called...
Tesla’s fleet of electric vehicles are known for their smooth ride; production at the company plant has been markedly choppier. On Wednesday afternoon, the carmaker unveiled...
Amazon CEO Jeff Bezos is now the richest person in the world for the second time. On Friday morning, Amazon stock opened up more than 8%...
The average member of The Forbes 400 is, at 67, old enough to retire. But 14 members of the new Forbes list of America’s 400 richest people...
A tough New York real estate market, a costly lawsuit and an expensive presidential campaign all contributed to the declining fortune of the 45th president. After...
