Former reporter takes control of fugitive husband's $11.7 billion fortune

Former reporter takes control of fugitive husband's $11.7 billion fortune

When Chan Hoi-wan first met her future husband,billionaire mogul Joseph Lau,she reached out to a mole on his head and asked if it was real. So begins the story of one of Hong Kong's most peculiar family sagas.

  • byBlake Schmidt

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'Tale of two pandemics':Billionaires'fortunes rise in COVID-19 lockdown

'Tale of two pandemics':Billionaires'fortunes rise in COVID-19 lockdown

The combined wealth of America's billionaires,including Amazon.com founder Jeff Bezos and Tesla chief Elon Musk,increased nearly 10 per cent since the outbreak of the COVID-19 pandemic,a new study shows.

Billionaire Kerry Stokes exempted from strict quarantine rules after arriving in Perth from Aspen by private jet

Billionaire Kerry Stokes exempted from strict quarantine rules after arriving in Perth from Aspen by private jet

Media mogul Kerry Stokes and his wife arrived two weeks ago in their private jet and went straight to their riverfront mansion in Perth's billionaire suburb of Dalkeith after being granted an exemption by police.

  • byHamish Hastie andNathan Hondros
US authorities considered action over quarantined Australians'ski jaunt

US authorities considered action over quarantined Australians'ski jaunt

The fallout continues from a luxury getaway at which several people tested positive to COVID-19.

  • byTony Wright andCameron Houston
'A line drawn':Bennett defence claims inheritance matters settled after 2008 dispute

'A line drawn':Bennett defence claims inheritance matters settled after 2008 dispute

A deed of settlement signed in 2008 by the children of Pilbara iron ore pioneer Peter Wright"drew a line"under future disputes,lawyers for Mr Wright's daughter Angela Bennett claim.

  • byHamish Hastie
The whining 1 per cent:It has been the decade of the billionaire victim

The whining 1 per cent:It has been the decade of the billionaire victim

The GFC was supposed to shame the wealthy into slinking away embarrassed,grateful they didn't land in jail or worse. It hasn't gone that way.

  • byHelaine Olen
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UK's richest woman gets $616 million pay from betting empire

UK's richest woman gets $616 million pay from betting empire

Already one of the world's best-paid bosses,Denise Coates has hit the jackpot again.

  • byBen Stupples
'Ill-gotten gains':OxyContin family took $15b out of opioid maker

'Ill-gotten gains':OxyContin family took $15b out of opioid maker

Opponents of the Sackler family's offer to settle opioid lawsuits against Purdue Pharma point to a report showing the clan took more than what they now offer over the last decade.

  • byJef Feeley andErik Larson
Nickel tycoon's family dramas put $110m estate in limbo
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Nickel tycoon's family dramas put $110m estate in limbo

She was once Australia's richest woman. Now she is 90 years old,has had a stroke and is incapable of signing a will,a court has heard.

  • byKate McClymont
There are more billionaires than ever,but fortunes took a hit in 2018

There are more billionaires than ever,but fortunes took a hit in 2018

Tech billionaires bucked last year's losing trend,having nearly doubled their ranks over the past five years,a new report shows.

  • byTaylor Telford
'OK boomer'? Instead of a generational war,let’s fight the rich!

'OK boomer'? Instead of a generational war,let’s fight the rich!

Instead of lashing out at boomers,why not target those that bear direct complicity in our widening dystopia? Instead of"ok boomer,"how about"ok billionaire"?

  • byFarhad Manjoo