The Mansours are part of a trend of the world's wealthy rejecting traditional investment intermediaries.
Cohen was in talks to acquire the team late last year, but the negotiations broke down.
Some bondholders may be banking on the makeup company’s majority owner bailing it out.
Jack Ma, the co-founder of Alibaba, is poised to become the world’s 11th richest person with the Ant Group's IPO.
Here are a few key characteristics to look for in IM firms when choosing your investment manager.
Smith used foreign trusts, corporations and bank accounts to cheat the IRS, prosecutors charge.
Aerion, founded by billionaire Robert Bass, plans to deliver a business jet with top speeds of 1.4 times the speed of sound.
Billionaire Kelcy Warren is stepping down as CEO of Energy Transfer LP, but he's not going far.
Thomas Faust boasts a 3% stake and stock options in Eaton Vance, which is being bought by Morgan Stanley.
The widow of Steve Jobs is pulling her financial support from some battered publications.
An SEC plan to let hedge funds conceal stock picks is getting pushback from the hedge fund industry itself.
Thomas Healy was trying to turn his truck electrification start-up into a publicly company when coronavirus struck.
Since March, the Done family has doubled its holdings in William Hill to 6%, via a company they control.
Thanks to a rush of new gamers, Playrix has become the world’s largest mobile-game developer.
Apple said it is giving its CEO new equity awards that could provide him with as many as 1 million shares by 2025.
The Doubleline Capital CEO tweeted an invitation for real estate agents in low-tax states.
It happened during a day the world's tech elite suffered massive losses.
Mat Ishbia is a former college basketball player and now CEO of lender United Wholesale Mortgage, which is going public.
Chinese consumers are finally starting to spend again after the pandemic-induced slump.
Bit by bit, billionaire Ronald O. Perelman is parting with his treasures.