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Druckenmiller, Family Offices Ditched Tech Stocks Before Rally

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By contrast, hedge funds dialed up their bets on the sector in the fourth quarter.

Elon Musk Nears World's Richest Title Again

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A 70% surge in Tesla's share price is pushing Musk back towards the top of lists of the world's wealthiest people.

A Greenwich Estate With Ties To Bridgewater's Ray Dalio Hits Market For $150M

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The waterfront property, which last sold in 2014, features an island and orchard.

He Turned Wall Street Offices Into Homes. Now He Vows To Remake New York

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Nathan Berman envisioned rich rewards where the establishment saw only risks.

Rich Russians' Art Buying Is Target Of U.S. Crackdown On Trade-Sanction Cheats

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The U.S. crackdown on trade-sanction violators is turning to the art world.

N.J. Advisor Trio Join RJFS Indie Channel With $435M AUM

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Anchor Financial will operate in Linwood, N.J.

Billionaires Worth $123 Billion Buy Stake In Kushner's Thrive

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The deal values Josh Kushner's Thrive at $5.3 billion.

Citadel's $16 Billion Win Tops Paulson's Greatest Trade Ever

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Its flagship hedge fund gained 38% last year by trading everything from equities to commodities.

Holmes Belongs In Prison, Not $13,000-A-Month Manor, U.S. Says

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As Elizabeth Holmes fought fraud charges she lived on an estate with reportedly $13,000 in upkeep costs each month.

World's Fastest Man, Usain Bolt, Loses $12 Million in Alleged Fraud

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The money went missing from the Jamaican Olympic sprinter's investment account, his attorney says.

Ultra-Rich Flip Palm Beach Homes To Score As Much As 86% Returns

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Deep-pocketed house hunters in the posh South Florida town are paying up for its few available spreads.

7 States Introduce Wealth Tax Bills To 'Soak The Rich'

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Still, Congress is highly unlikely to raise taxes in the next two years, one analyst predicted.

Ex-Banker Eyes M&A After SPAC Deal Forges $60 Billion Wealth Firm

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Michael Tiedemann is hunting deals after creating one of the largest publicly traded money managers catering to the super-rich.

Musk Says He Can't Get Fair Trial In San Francisco, Favors Texas

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Elon Musk wants to move his upcoming fraud trial with Tesla shareholders.

This Year, Luxury Home Buyers Will Look Further Afield For Deals

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Demand won't necessarily bring rising prices, Sotheby's said.

Einhorn's Fund Climbed 36.6% Last Year, Recouping Losses Since 2015

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David Einhorn's $2 billion Greenlight Capital focuses on undervalued stocks.

Havencrest Capital Eyes Healthcare Firms For PE Investments

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Founder Chris Kersey leads the firm after working as a medical doctor.

Ballast Rock Launches Alternatives RIA For The Rich

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The new firm will cater to high-net-worth individuals, families, business owners, entrepreneurs and family offices.

Private Equity's Tough Year Shows No Signs Of Letting Up

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Private equity titans like KKR have pursued unorthodox paths to dealmaking this year.

Heirs To $19 Billion Face Succession Doubts From Family Offices

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Family office exes aren't so sure the next generation is ready to take over the wealth.  

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