David Geffen is practicing social distancing in the Caribbean aboard his 454-foot super yacht.
But he's still down $35.2 billion for the year.
Private investors typically buy gold bars of 1 kilogram or less, far smaller than those traded between banks.
Still, the outlook for a rapid recovery is far from clear-cut.
The fight has broken out among the heirs of two reclusive British billionaire brothers over their business empire.
The space travel company reported widening losses in the fourth quarter from a year earlier.
Stefano Pessina has used offshore tax havens to shield much of his wealth from taxes.
Family offices with assets of at least $1 billion are increasingly bypassing private bankers.
The uncle of Santander Chairman Ana Botin was sentenced to 18 months in prison for smuggling a Picasso out of Spain.
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