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Carlos Slim: 5 Facts on the Billionaire Atop the Forbes 400 List

Recession woes? Diminished savings? Behind on bills? These aren't words that resonate for Carlos Slim, the Mexican billionaire who just topped a 2011 Forbes list of the world's wealthiest people. As WalletPop reports, Slim is now worth a whopping $74 billion, placing him well ahead of No. 2 Bill Gates ($56 billion) and...

Nelson Peltz: 5 Facts About the Investor Set to Pay $7.6 Billion for Family Dollar Chain

The Family Dollar is going a lot further than it used to. According to a regulatory filing made public today, Nelson Peltz is offering to buy discount retailer Family Dollar Stores Inc. for the sum of $7.6 billion, The Wall Street Journal reported. Word of the possible deal caused Family Dollar shares to jump in...

Buffalo Billionaire to Sponsor Ragtag British Soccer Team

An American billionaire is spending part of his family fortune saving a lowly English soccer team from possible extinction. Bob Rich has bought into the Bedlington Terriers, a team near the Scottish border that competes in the ninth tier of English soccer in front of about 60 fans. The 70-year-old native of...

WikiLeaks Founder Says Next Target Is Major US Bank

(Nov. 30) -- WikiLeaks founder Julian Assange says big business is next. Early next year, WikiLeaks will publish tens of thousands of internal documents from a major U.S. bank, exposing the institution's rampant corruption and unethical practices and executives' brazen self-interest, Assange said in an exclusive...

Forbes 400 Breakdown: America's Richest Reside in Calif., Still Mostly Male

(Sept. 23) -- A billi? That's right, a cool billion dollars was the minimum amount for securing a spot on this year's Forbes 400 list of the wealthiest Americans (which unfortunately did not include the originator of the phrase "billi," rapper Jay-Z, although he did get the coveted spot on the magazine's cover, alongside...

Background on forbes

Forbes is an American business magazine owned by Forbes, Inc. Published biweekly, it features original articles on finance, industry, investing, and marketing topics.

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