Investing

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A Secretive Family Landing A $4 Billion Haul Has Everyone Guessing

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Despite being publicly traded, the inner workings of this family-run business are shrouded in secrecy.

The World's Most Expensive Bank Limits Staff Water To Cut Costs

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The focus on reining in costs has been central to the Indonesian bank's strategy.

Louis Vuitton Owner Offers $14.5 Billion For Jeweler Tiffany

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A deal for the jeweler would expand the French company’s access to U.S. luxury shoppers.

How Jim Simons Built The Best Hedge Fund Ever

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The former code breaker and math professor figured out how to do one thing very well in markets.

Branson's Virgin Galactic Space Venture Starts Trading on NYSE

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Investors are being asked to back a project that’s yet to achieve a first commercial launch.

The Never-Ending Trial Between A Billionaire Heir And His Nation

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The Samsung Electronics heir is facing a retrial of expanded corruption and bribery charges.

Derek Jeter's Website Players' Tribune Exploring A Sale

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The site has hosted viral posts by stars such as Kobe Bryant, but it has struggled to draw consistent traffic.

Longbow Capital Founder Lists $16 Million Litchfield County Estate

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The compound and farm comfortably accommodates 25 people—or over a thousand for a pumpkin-launching contest.

Asia's Richest Man Gets Win As Rivals Face $7 Billion Bill

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Wireless carrier Jio’s price-slashing has dragged down competitors.

Jeff Bezos Is Set To Lose His Crown As World’s Richest Person

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Jeff Bezos loses the title of world’s richest person to Bill Gates as Amazon stock tumbles in late trading.

They Took His Supercars, But Dictator's Son Still Flaunts Riches

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Teddy Obiang has faced corruption probes in three countries over the past decade.

Jewelers Are Already Nostalgic For The End Of Pink Diamonds

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The mine that has been the world's chief supplier of pink diamonds is close to shutting down.

A 24-Year-Old Who Parties With Rihanna Gets $3.8 Billion Gift

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Eric Tse became one of Asia’s richest individuals overnight.

Private Equity Titans Quietly Discover How To Get Richer

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Private equity investors are selling minority stakes to boost their liquidity.

Goldman VP, Poker Player And Lovers In Insider-Trading Plot

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They’re all accused of participating in a “wide-ranging international insider-trading ring.”

Baker Brothers Makes $730 Million In One Day On Its Biotech Bet

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The investment firm founded by Felix and Julian Baker made a big bet in the company.

Zuckerberg Has Quietly Recommended Campaign Hires To Buttigieg

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The emails have come to light as Zuckerberg faces unrelenting attacks from politicians from both parties.

Ex-Soros Senior Analyst Yiannakas Plans Stocks Hedge Fund

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EOF Partners, a London-based long/short investment firm, plans to start trading in early 2020.

Billionaire Says Rich Worried About Warren Should 'Lighten Up'

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“How in God’s name do you feel like a victim?” the former Goldman partner said in a message to his rich friends.

Larry Summers Lambasts Warren, Sanders Plans For Wealth Tax

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The former Treasury secretary said it would be better to raise estate taxes and eliminate carried interest.

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