Investing

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Dalio's Macro Fund Plunged About 20% This Year As Market Tanked

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The Bridgewater founder offered a fairly rosy outlook for markets as recently as last month.

A McKinsey Exec Built A 1,000-Piece Art Collection. Now He's Selling

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He criss-crossed the country to visit artists’ studios, private collectors’ homes, and far-flung galleries.

Nonprofits Prepare For The Worst With Wealthy Losing Billions

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The needs of charities are set to soar while the financial situations of many wealthy families have deteriorated.

Warren Buffett Bars Shareholders From Berkshire's Meeting Over Virus

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The meeting in Omaha, Neb., usually draws thousands.

Cash-Rich Billionaire Hargreaves Eager To Jump Back Into Market

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“I have seen investors wait years trying to time their re-entry,” he wrote.

World's Richest Nearing $1 Trillion Wipeout In 2020 Rout

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Oklahoma fracking mogul Harold Hamm dropped off the top 500 richest index Monday after losing almost half his net worth.

Rockstar Mother And Son Score $3 Billion Windfall On Pepsi Deal

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PepsiCo is planning to acquire Rockstar Energy Beverages for $3.9 billion.

Prince Alwaleed's Fortune Plunges $22.3 Billion From 2014 Peak

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The man often called the Warren Buffett of the Middle East saw his fortune drop to $13.8 billion.

Top ESG Manager Is A Philosophy Graduate With Outsized Returns

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Philip Ripman is among a new class of managers feeding a growing investor population desperate for cleaner returns.

Stanford Doctor To Get $191 Million For Cancer-Fighting Biotech

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Irv Weissman, 80, started working in a lab as a high school students for $25 a month.

Heirs Of Ultra-Wealthy Can Profit Even When Markets Plunge

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The ultra-rich and their advisers can also take a longer-term view of market volatility.

Jet-Setting Dealmakers Quarantined With Virus Fears Hobbling M&A

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One advisor who flies 250,000 miles a year said he’s canceled all upcoming trips to Asia, Europe and the Middle East.

SEC Sues Israelis Tied To International Insider Trading Ring

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They're accused of using tips on planned health-care mergers to make more than $4 million in illegal profits.

Billionaire Hohn's Hedge Fund Slumps 8.8% As Virus Rocks Markets

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The fund’s struggles last month come as some other fund strategies have performed better.

A Hedge Fund Pioneer Bets On Higher Rates, Recovery In Stocks

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He expects an economic rebound after the virus outbreak subsides.

Pandemic Panic Fattens Fortunes In Health Care And Tech

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Companies that facilitate remote working and studying have also gotten a boost.

World's Richest Lose $444 Billion After Hellish Week For Markets

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The world’s three richest people incurred the biggest losses.

She Stole $17 Million To Join the Rich, And Then Reality Hit

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Britta Nielsen, a 65-year-old former social worker, has stunned a country that’s used to topping anti-corruption rankings.

Advisors To Rich Pitch Equities, Private Markets After Plunge

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Advisors to the world’s wealthiest people are urging clients to pounce on potential bargains.

Thailand's Richest Man Is Building Bangkok's Tallest Skyscraper

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No official height has been set and completion isn’t expected until 2025.

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