Tara Patel

Luxury Heir Alleges His $13 Billion Hermès Fortune Has Vanished

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A Swiss court threw out the 81-year-old's allegations that his former advisor had a role in his fortune's disappearance.

L'Oreal Heir Becomes First Woman With $100 Billion Fortune

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France's growing domination of luxury retail has spawned several other ultra-rich families.

Family Offices See Opportunity In Wealthy, Under-Served France

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France’s wealthiest citizens were relatively late in creating family offices and some still don’t even know they exist...

Richest German Getting $4.5 Billion Has Eye On U.K. Property

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Klaus-Michael Kuehne stands to pocket $4.5 billion in dividends this year.

World's Richest Woman, L'Oreal Billionaire, Beefs Up Investment Firm

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Francoise Bettencourt Meyers's Invest SAS named Cyrielle Villepelet as managing director.

Who Is Bernard Arnault, The World's Richest Person?

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The tycoon behind luxury-goods powerhouse LVMH surpassed Elon Musk on the Bloomberg Billionaires Index.

Carlos Ghosn Investigated By France Over Possible Tax Evasion

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Auto executive-turned-fugitive Carlos Ghosn is under investigation in France for possible tax evasion.

Renault Aims To Turn $80,000 Sports-Car Line Into A Mini Ferrari

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Ferrari’s least-expensive models command more than $200,000.

A Daredevil's Guide To A Very Wild Earnings Season

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The investment community is lost in a fog as market volatility has hit historic levels.