Billionaires

It’s fun buying distressed assets, when you believe, like Goff does, in the long-term staying power of petroleum. “We have a clear shot at doubling the size of the combined company again, in a [...]

In a remarkable lawsuit filed on Memorial Day, West Virginia Gov. Jim Justice — the former coal-mining billionaire — has accused his family’s longtime lender Carter Bank & Trust of [...]

Energy tycoon Dennis Uy’s Udenna Corp. has gained a controlling interest in the Malampaya gas field following the acquisition of Shell Petroleum NV’s 45% stake for up to $460 million.

It’s cold comfort that the DarkSide hackers are “apolitical” and didn’t intend to cause social havoc.

Tesla’s stock is down 15% so far this week, lowering the fortune of its billionaire cofounder.

Reliance, parent of mobile telecom provider Jio, is now India's biggest company.

The billionaire entrepreneur, who has become a forces in the cryptocurrency world, said Tesla is no longer accepting Bitcoin as payment for purchases of its electric vehicles owing to the [...]

Based on the value of the Tesla options Elon Musk was awarded last year, his CEO compensation was in the billions of dollars—far more than every other company's leader.

Warren Buffett and Charlie Munger revealed over the weekend that Greg Abel, the CEO of Berkshire Hathaway’s vast electric power generation business would be taking over from them some day.

For some six months, Standard Industries co-CEOs David Millstone and David Winter have been trying to acquire W.R. Grace, the specialty chemicals firm. Today, they announced that they'd succeeded [...]