forbes

Why Are These CEOs So Overpaid?

The staggering growth of CEO pay might have something to do with executives' control over their own compensation. These are the chairmen/CEOs enjoying the biggest paydays.

Tony Stark, Meet the Real-Life 'Iron Man'

"Iron Man 3" flew into theaters this week, but there's been a real-world Tony Stark toiling among us all along: Elon Musk. Here are a few of the uncanny resemblances.

Meet the Billionaire Women Who Made It On Their Own

The Forbes magazine annual list of the world's billionaires has always been scant of women, but 35 more women did join this year's record-length list of 1,426 global über-rich. They now number 138, or 9.7 percent of the total. Last year, they represented 8.5 percent of the list.

4 Surprising Nations That Minted 6 New Forbes Billionaires

When the next Forbes billionaires list is released, 32 new names will be on it. And while most hail from the sort of countries you'd expect -- the United States, China, EU nations -- a half dozen made their fortunes in more surprising places.

Fashionably Forbes: 10 Style Icons New to the Billionaire List

Everyone knows high fashion and high incomes go hand in hand, and clothes, cosmetics and perfume have put plenty of people on Forbes' billionaires list. But here's a surprise: The latest list has 34 new names, and 10 came from the world of fashion.

Did Tea Party's Top Campaign Donors Tax Themselves?

Tea Party mega-donors poured hundreds of millions into the 2012 election, and one of their key goals was to keep taxes low for the rich. Had Romney won, their investments could have paid off mightily. Here's a look at how what they donated compares with what they'd have saved under Romney.

The World's Richest Woman: How Gina Rinehart Earns her Billions

Most of the richest women in the world have one thing in common: It was their husbands or fathers who actually earned the wealth. But while Australian mining magnate Gina Rinehart inherited $75 million from her dad, it was by her own efforts that she multiplied that sum -- 386 times.

A Success Equal Parts Caffeine, Chemistry and Meditation

5-Hour Energy's mixture of caffeine, vitamins and amino acids fuels millions of hectic days and nights, and a multibillion-dollar company. But its founder, Manoj Bhargava, tells Forbes that his lifelong pursuit has been inner tranquility. A contradiction? He thinks not.

Homes of the Super-Rich, and Their Prices in Real Money

In real estate, the battle to be America's most expensive neighborhood is fierce. Yet the question of which zip code is the priciest and whose home is the costliest is only half the story: Putting those prices in the context of average Americans' income is the real shocker.

So Long, and Thanks for All the Foosball

Well, DailyFinance readers, it's been a great ride, but now it's time for me to say goodbye. On Monday, I start a new job at Forbes, where I'll be covering media and technology.

New Era at Forbes: Staffer Calls Article 'Stupefyingly Inane'

Forbes has given all of its reporters blogs in an effort to turn them into "entrepreneurial journalists." Now some of them are using their blogs to critique the magazine itself, and a top early target has been conservative writer Dinesh D'Souza's article last week about President Obama.

CNBC's Dennis Kneale Set to Exit, Say Sources

Dennis Kneale's turbulent but entertaining tenure at CNBC is set to end, barring a last-minute plot twist. According to sources with knowledge of the situation, Kneale is likely to leave after his contract expires in the next several weeks.

The Business of Hip Hop: Brand Masters Bring in the Cash

For many rap and hip-hop artists, behind all the trash talk and posturing, it's all about business. Forbes recently released its Hip Hop Cash Kings list, and the 20 big names on it racked up a total of about $300 million, despite the weak economy and the Internet revolution that is killing the CD business.

Jay-Z Captures Hip-Hop's Cash Crown

Hip-hop pays well, very well, at least for Jay-Z. Forbes reports Jay-Z racked up $63 million in the past year -- owing about $22 million in federal and state taxes, a sum greater than the total earnings of every rapper and hip-hop mogul besides second-ranked Diddy.

Editor Steps Down at Troubled Forbes Magazine

William Baldwin announced Tuesday that he's taking a new job at the struggling business magazine as a writer. The move comes about two months after Forbes hired Lew Dvorkin as chief product officer, above Baldwin.