Trevor Milton’s net worth has plunged by almost one-third since Friday’s market close.
Cascade Investment owned shares in Arcos Dorados for more than five years.
Switzerland has changed its tax regime but remains an attractive location for multinational firms and wealthy individuals.
A U.K. court okays a $1.6 billion rescue built around a loan from a private-equity firm.
A group of multimillionaire investors in the U.S. are hoarding cash at unprecedented levels.
A family that became Germany's richest two years ago has seen their wealth decline by 75%.
The appetite for green or socially responsible investments among young wealthy people is overstated.
As the global economy continues to slump, the wealthy are seeing opportunities.
Billionaires will transfer more than $2 trillion within the next two decades.
Jose Cuervo heiress Karen Virginia Beckmann is buying a luxury condo at 432 Park Ave.
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