The Bridgewater founder offered a fairly rosy outlook for markets as recently as last month.
He criss-crossed the country to visit artists’ studios, private collectors’ homes, and far-flung galleries.
The needs of charities are set to soar while the financial situations of many wealthy families have deteriorated.
The meeting in Omaha, Neb., usually draws thousands.
“I have seen investors wait years trying to time their re-entry,” he wrote.
Oklahoma fracking mogul Harold Hamm dropped off the top 500 richest index Monday after losing almost half his net worth.
PepsiCo is planning to acquire Rockstar Energy Beverages for $3.9 billion.
The man often called the Warren Buffett of the Middle East saw his fortune drop to $13.8 billion.
Philip Ripman is among a new class of managers feeding a growing investor population desperate for cleaner returns.
Irv Weissman, 80, started working in a lab as a high school students for $25 a month.
The ultra-rich and their advisers can also take a longer-term view of market volatility.
One advisor who flies 250,000 miles a year said he’s canceled all upcoming trips to Asia, Europe and the Middle East.
They're accused of using tips on planned health-care mergers to make more than $4 million in illegal profits.
The fund’s struggles last month come as some other fund strategies have performed better.
He expects an economic rebound after the virus outbreak subsides.
Companies that facilitate remote working and studying have also gotten a boost.
The world’s three richest people incurred the biggest losses.
Britta Nielsen, a 65-year-old former social worker, has stunned a country that’s used to topping anti-corruption rankings.
Advisors to the world’s wealthiest people are urging clients to pounce on potential bargains.
No official height has been set and completion isn’t expected until 2025.