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The Horse Breeder, The Novelist And The $60 Billion Mine

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Entrepreneurs are eying an abandoned Bougainville Island mine estimated to have tens of billions in gold and copper.

Warren Buffett Throws In The Towel On His Newspaper Empire

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Berkshire Hathaway will sell BH Media unit and 30 newspapers to Lee Enterprises, which owns the St. Louis Post-Dispatch.

MacKenzie Bezos Shrinks Her Amazon Stake By About $400 Million

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It’s not clear whether Jeff Bezos's ex sold the shares, gifted them or otherwise transferred them.

Ultra-Wealthy Demand Up For Single-Family Office Services

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A Tiedemann study finds that single-family offices with demanding ultra-wealthy clients have grown in number.

Banker Tied To Billionaire Found Dead Amid Angolan Probe

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A banker tied to Africa’s richest woman was found dead amid a probe into mismanagement at Angola's state oil company.

Bill Miller’s Hedge Fund Rose 120% In 2019 After Fast Finish

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Bill Miller’s hedge fund jumped 120% last year. He says it’s because he didn’t stray from his top names.

Whistle-Blowers Simultaneously Report Their Florida Hedge Fund To SEC And NBC

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According to whistle-blowers, TCA Fund Management Group inflated its main hedge fund's earnings and assets.

Global Tax Crackdown Targets Central American Financial Firm

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A financial institution in Central America is suspected of helping global customers evade taxes and launder money.

Predicting Future Trends Is Hard. More Money Than Ever Is Trying

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Thematic funds targeting technology and innovation are flourishing worldwide.

Cannabis Fund Turns To Distressed Debt Amid Sector Slump

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The newest bonanza in cannabis investing is not in equity, but in distressed debt.

Trump Says He’s ‘Disappointed’ In Boeing, Praises ‘Genius’ Musk

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Trump called Musk a "genius" due to the growth of SpaceX and an apparent turnaround of fortunes at Tesla.

Hedge-Fund Titans Hohn, Mandel Lead $178 Billion Year Of Profits

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The hedge fund industry posted its best performance in a decade.

The SALT Cap Fuels A Wealth Exodus From High-Tax States

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The wealthy are fleeing New York, California, Connecticut and New Jersey for lower tax states like Florida.

Plaid’s Founders Are Latest Fintech Royalty With Visa Deal

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This week Zach Perret, 32, and William Hockey, 30, announced the sale of their company to Visa Inc. for $5.3 billion.

The 2010s May Have Been The Best It Gets For The Rich

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2020 could be a year when the wealthy endure some setbacks, giving everyone else a chance to do some catching up.

Wealthy Investors Steer Billions Toward New Trump Tax Break

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Investors just pumped $2.26 billion into funds planning to take advantage of “opportunity zone” tax incentives.

China’s Super Rich Twice As Likely To Have Property To Thank

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China’s wealthy families are twice as likely as global peers to have made their millions in real estate.

Don’t Use Repo Volatility As A Reason To Roll Back Bank Regulations

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The recent repo market uncertainty is not a good enough excuse to roll back banking safety measures.

Rich Family Under Fire From Muddy Waters Loses $820 Million

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The Shetty family has lost about $820 million in net worth since one of its companies was criticized this week.

World’s Best Hedge Fund Returns Are Found In Tiny Singapore

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There are three key theories behind the success of Singapore’s chart-toppers.

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