The rich are rich again. After plummeting by a record amount in 2008, the number of millionaires in the world recovered last year despite ongoing weakness in the global economy, according to a new survey.
The global financial crisis took a heavy toll on the world's wealthiest individuals last year, with the number of millionaires falling by a record amount, according to a report released Thursday.
The number of people around the world with at least $1 million in assets passed 10 million for the first time last year, according to a new report.
You've probably heard the old lament that good help is hard to find. Carol Scudere has a place where the help can be found -- by the rich.
Technology consultancy Capgemini will begin recommending Google's online suite of office software to its corporate customers, bolstering the Internet search leader's effort to drum up more sales to big businesses.
Remember when it was all the rage to screen socially and environmentally irresponsible stocks, like sweatshop employers or polluters, from your portfolio? Now a new class of niche investment products has emerged to weed out what some see as even worse: the hoi polloi.
This fall the business world will see the first tentative release of a product that Charles Simonyi has been working on, in one form or another, for most of his professional life. No, it's not word-processing software, which the Hungarian immigrant developed at Xerox PARC and then took to Microsoft in 1981, and which helped build him a fortune estimated at $1 billion. It's more audacious than that.
Work hard, take risks, maybe build your own business. That's the traditional route to financial success. Of course, there's another highly traditional path to acquiring wealth that isn't talked about quite as much these days: Marry money.
CNNMoney: Europe finishes upupdated: Fri Jun 29 2007 00:15:00
European stocks ended higher Friday, despite a potential terrorist attack in London and weakness in the banking and mining sectors. Concerns over interest rates continued to nag at investors after the Federal Reserve signaled that inflationary pressures remain a concern.
Wealth is becoming ever more concentrated among the richest of the rich worldwide.
Being your own boss has a lot of advantages, but making the transition from the traditional corporate world takes work.
NEW YORK (CNNMoney.com) - It's not your imagination. The rich are getting richer, but they're welcoming fewer new members into their club than they have in the past few years, according to a survey released Tuesday.
General Motors, despite its billion-dollar losses and weakened credit rating, is going ahead with plans to spend as much as $15 billion on information technology over the next five years, the largest such subcontracting agreement ever.
NEW YORK (CNN/Money) - The number of millionaires in the United States grew nearly 10 percent in 2004, trumping the growth rates of high net worth individuals in other regions across the world, according to a report released Thursday.
Seems Mr. and Mrs. Thurston Howell III have some new neighbors: A survey by Merrill Lynch and consultancy Capgemini finds that the number of millionaires in the U.S. jumped a staggering 14% last ye...
Fortune: PSS Systemsupdated: Mon Nov 24 2003 00:01:00
In a period when venture capitalists are flush with cash but picky about where they put it, having a good track record helps--and Alain Rossmann's got one. The 48-year-old ex-Apple marketing whiz a...
Fortune: New Moneyupdated: Mon Jul 07 2003 00:01:00
The rich are getting richer--but not in the U.S. According to a new report by Cap Gemini Ernst & Young and Merrill Lynch, the number of millionaires* increased during 2002 in every region of the wo...
Yes, these are dog days for technology. Stocks have been hammered. Programmers are out of work. Many companies have disappeared, and those still around have been humbled. And no matter how you look...
These are glory days for Bob Chrismer. In fact, they're almost too good. The head of global recruiting at consulting firm A.T. Kearney is overwhelmed with job acceptances. For the first time in the...
You're a 22-year-old consultant, face to face with the CEO of a FORTUNE 500 company. The last time you were at a party, you drank warm beer out of plastic cups. If you think you're nervous about th...
You can go home again. That, at least, is what corporate recruiters are telling fortune seekers who jilted less trendy employers for Internet startups. As more dot-coms fail or lay off workers, inv...
Fortune: InfoRayupdated: Mon Jul 05 1999 00:01:00
ENTERPRISE SOFTWARE hq: Cambridge, Mass. founded: 1994 sales: $6 million (est.) employees: 60 privately held address: www.inforay.com
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