Investing

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Lunch With Billionaire Investor Bill Ackman Will Cost You At Least $25,000

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This is the fifth time that Ackman has auctioned off a lunch for charity.

Citi Sees Family Offices Swarming Bond Market And Fueling Rally

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Bonds "deserve immediate attention" as a "mild" recession is expected next year, Citi Global Wealth said in a new report.

UBS's Billionaire Clients Are Betting On Big Gains From Energy

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Energy bets have been on the rise as Russia's invasion of Ukraine has disrupted supply chains.

David Bonderman's Family Office Is Opening Up To World's Rich

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The family office of private equity legend David Bonderman is seeking funds from outside investors.

Boone Pickens Texas Ranch Sells After Price Cut To $170 Million

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The sprawling Texas ranch of the late oil billionaire has found a buyer.

Apollo Co-Founder Leon Black Sued By Second Woman Claiming Rape

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The lawsuit alleges Black assaulted the woman after she was introduced to him by Jeffrey Epstein.

Hedge Fund That Beat 99% Of Peers Places Contrarian Bet On Meta

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One top-performing manager, Tom Morris of the Liontrust GF Tortoise Fund, is going against the tide.

Binance's Zhao Flags Possible $1 Billion For Distressed Assets

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Crypto billionaire Changpeng “CZ” Zhao further outlined his plans to backstop the stricken industry.

FTX Is Allowed To Hide The Identity Of Its 50 Biggest Creditors

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A judge ruled that FTX creditors, including rich investors, can remain anonymous.

Elon Musk's 2022 Wealth Loss Exceeds $100 Billion For First Time

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Musk, 51, has been preoccupied with Twitter, the floundering social-media network he acquired last month for $44 billion.

Billionaire Investor Carl Icahn Is Betting Against GameStop Shares

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Icahn began shorting GameStop during the height of the meme-stock frenzy around January 2021.

The Waltons: World's Richest Family Trims Exposure To Emerging Markets

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Emerging markets have been pummeled this year, with the MSCI Emerging Markets Index down 24% since Dec. 31.

Bankman-Fried Courted Legislators And Regulators. Now, They're Shunning Him

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All of the FTX co-founders supporters seem to have evaporated in the wake of his firm's bankruptcy.

How Elon Musk Scored A $55 Billion Pay Package That's Now Under Fire

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A lawsuit challenging the Tesla board of directors over the compensation package goes to trial this week.

Sam Bankman-Fried Fooled The Crypto World And Maybe Even Himself

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It's been one of the most harrowing weeks in the young, freewheeling crypto world.

Billionaire Steve Ballmer Invests $400 Million In Black Fund Managers

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Most of Ballmer's $85 billion fortune is tied to shares of Microsoft.

Banker To World's Rich Explores M&A Deal To Manage More Billions

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The head of Mediobanca SpA's wealth unit in Monaco is exploring potential acquisitions.

There's No Recession In Luxury With Dior, Mercedes Sales Booming

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The question now is how long this conspicuous consumption can carry on.

A 27-Year-Old Is Taking On Big Banks To Lure Mega-Rich Families

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Jasper Lau, who started 8090 Partners, got his break in business through YouTube.

Ray Dalio Gives Up Control Of Bridgewater In Final Succession Step

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Dalio founded Bridgewater from his two-bedroom New York City apartment in 1975.

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