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NEWS ABOUT: personal fortune

How This Reclusive Heiress Spent Her Fortune

$2.5M in payments to a Parisian doll shop, among other things

(Newser) - To say that mystery surrounds the life—and pocketbook—of Huguette Clark is an understatement. The reclusive heiress to a $400 million copper-mining fortune died in May at age 104, and excluded her relatives from her will. Now, they're heading to court to challenge it, and MSNBC reports on... More »

Bloomberg Wins 3rd NYC Term

$100 million of own money keeps independent on top

(Newser) - Michael Bloomberg has won a third term tonight as New York’ mayor, outdistancing Democrat William Thompson in a race that saw the incumbent spend an estimated $100 million of his personal fortune—the largest sum in US history. Bloomberg won by nearly 20% in 2005, but early returns showed his... More »

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