A German billionaire, Reinhold Wuerth (#93 on the Forbes 2009 list), who has put his factory workers on short-time and cut their wages by faking a recession, has gone on to buy himself a $100 million yacht, which exemplifies the old phrase "The rich...

Forbes has recently published its annual 400 list. The latest ranking of the wealthiest people is a richer list than ever before. But now, $1 billion is not enough to make it to the list like before. The price of admission to the 25th anniversary...

Loitering around the race-courses and five-star hotels used to be the most favorite pass-time of the filthy rich in the society a few years back. But now, the luxury playgrounds include deep-under the sea, to the high peak of Himalayas, to the deep...

Gone Gone are the days when lurking around the race-courses and five-star hotels used to be the favorite pass-time of the billionaires of the society. The latest luxury playgrounds includes deep-under the sea to the high peak of Himalayas and end-up in...