Forbes said this year's 1,226 billionaires are a record high, up one per cent from last year's total.
Hyderabad-born Prem Watsa, the founder, chairman and chief executive of Toronto-based Fairfax Financial Holdings, is often called the Warren Buffett of Canada for his ability to spot investment opportunities ahead of others and turn around non-performing enterprises.
Parikh was in Omaha for Warren Buffett's Berkshire Hathaway meet
It is not every day that one of the planet's richest men is arrested by his government.
Jeff 'Amazon' Bezos' $250-million purchase of the iconic Washington Post last week has sparked a debate on why billionaires are buying into a medium that is staring at irrelevance, if not death.
While some are recognised are for their exceptional products, others have earned a repute for excellent services.
Often called Canada's version of Warren Buffet, Watsa preaches a long view that suggests it may be too early to assess his decision to take on a leading 10 per cent stake in BlackBerry.
More than 1,000 copies were sold at Berkshire's annual meeting.
The airline business has eaten up capital over the past century like almost no other business.
Tim Cook is joining the roster of the very rich donors.
Indian businessmen and philanthropy have never walked hand in hand. But change is in the air...
Microsoft co-founder Bill Gates tops list of the world's top 25 richest self-made billionaires.
Philanthropic activities tend to be confined by the limitations of a corporation's location and capabilities.
Berkshire Hathaway's India-born head of reinsurance business Ajit Jain, seen as a possible successor to billionaire investor Warren Buffett, will testify through a video deposition for his "close friend", former Goldman Sachs director Rajat Gupta in his insider trading trial.
Jhunjhunwala said that his decision was personal and might not have anything to do with Buffett's pledge.
Berkshire Hathaway's India-born top executive Ajit Jain was "shocked" to hear that his friend ex-McKinsey head Rajat Gupta had lost USD 10 million in an investment fund with Raj Rajaratnam, which he described as a "deliberate hanky panky" by the convicted hedge fund founder.
This tried-and-true investment method not only protects capital but also makes money for you. It helps investors navigate volatile markets and avoid emotional investment decisions.
US President Barack Obama has made an aggressive case for imposing more taxes on the rich and criticised those opposing his 'Buffet Rule'.
The world has 1,210 billionaires with a combined wealth of $4.5 trillion.
Happiest Minds expects revenue to touch $100 mn in 3 years, the fastest in India's tech services sector.
Booking losses at the right time forms the most important part of wealth management strategy.
Giving People asks its signatories to commit publicly to give away majority of their wealth.
The 'AAA' rating is the highest possible rating and the world's largest economy had been enjoying this top-notch rating ever since the agencies began assigning sovereign credit rating to the country.
IT czar Azim Premji has given away almost half of his stakeholding in Wipro, India's third largest exporter of software services, to philanthropy.
Here are the events that shaped the newspaper.
The seven Indian-Americans are cybersecurity firm ZScaler CEO Jay Chaudhry, founder and chairman of Symphony Technology Group Romesh Wadhwani, cofounder and CEO of online home goods retailer Wayfair Niraj Shah, Silicon Valley venture capital firm Khosla Ventures founder Vinod Khosla, managing partner of Sherpalo Ventures Kavitark Ram Shriram, Airline veteran Rakesh Gangwal and Workday CEO and co-founder Aneel Bhusri.
40 American billionaires have pledged to eat into their wealth and give half of it away in an unprecedented act of philanthropy.
Jacob Fugger could always add value for his customers. He made himself indispensable. That kept him in the game
When it comes to stock market investing, following the crowd often results in losses. Why replicate the mediocrity of the masses when you can clone the success of the world's greatest investor, Warren Buffett?
Goldman Sachs' director Rajat Gupta tipped off Raj Rajaratnam, an accused in insider trading scam, about a deal between Buffett-led Berkshire Hathaway and the Wall Street giant, before the public announcement.
As many as nine companies which suffered the brunt of the economic crisis and were bailed out by the government -- including Citigroup and Goldman Sachs -- are among the least reputed companies in the US, a study said.
Forbes said out of the world's 1011 billionaires, only 14 are women who earned their fortunes, rather than inherited them.
Mukesh Ambani, who heads Reliance Industries, has been ranked among top five best performing CEOs in the world by the prestigious Harvard Business Review.
There are thousands of 'business' books adorning hundreds of bookstore shelves across the world, and new ones keep being written practically everyday. So given this problem of plenty, how do you select the best business books to read? Well, here's help....
There are 1,011 billionaires in the world this year.
Copying the portfolios of big-time investors is unlikely to yield comparable returns.
Where the super-rich, like Gates, Buffett and Jobs, rest their heads.
Amid the worsening financial crisis in the US, business publication Forbes has named legendary investor Warren Buffett and Indian billionaire Anil Ambani among the world's richest business people who are investing heavily in the American economy.
Why the case for investing in passive funds is becoming stronger.
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