Blake Schmidt

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New 'Red Roulette' Memoir Claims China Kidnapped Billionaire

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Desmond Shum's book comes as Chinese communist leaders reassert control over the private sector.

World's Billionaire Factory Shudders As China Cracks Down

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The age of unfettered gains for China's ultra-rich now appears to be coming to an abrupt end.

Ambani Eclipses Richest European To Become World’s No. 4

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The Reliance Industries chairman is now worth $80.6 billion.

Asia’s Wealthiest Man Joins Club Of World’s 10 Richest

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Mukesh Ambani, chairman of Reliance Industries, has seen his net worth jump to $64.5 billion.

Hong Kong Billionaire Breaks Silence, Urges Protesters To Think

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Hong Kong’s unrest has spiraled since the initial anger was sparked by a proposed extradition bill.

Zuckerberg Security Chief Placed On Leave Amid Racism Investigation

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Liam Booth allegedly made the remarks about Mark Zuckerberg’s wife, Priscilla Chan, and some household staff.

97-Year-Old Tycoon's Kids Race To Revive His Casino Empire

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The Ho empire controlled Macau’s economy almost completely for decades.

Four Wives, 17 Kids And Wrangling For Control Of A Casino Empire

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This family has been embroiled in a decade-long battle over a Macau casino empire.

Four Chinese Tycoons Just Transferred $17 Billion To Trusts

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The moves are an example of how rich families are racing for cover after China toughed its tax laws.

Sons Of Late Hong Kong Real Estate Developer Inherit $3 Billion

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They are the sons of Walter Kwok, who was once kidnapped for ransom.

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