Tag: Billionaires

  • Billionaires at the Gate: Ultra-Rich Muscle In on Private Equity

    America’s last Gilded Age had its “List of 400”: the people said to be worthy enough, or at least rich enough, to climb the pinnacles of high society. Today, in an age of affluence not even the Astors and Vanderbilts might have imagined, there is something closer to a List of 55. Its members are […]

  • Wall Streets $6 Trillion Man Fink Is Finally Worth $1 Billion

    BlackRock’s Larry Fink owns 0.7 percent of the money manager Schwarzman says unloading BlackRock was a “heroic” mistake Larry Fink, Starbucks coffee in hand, heading down Park Avenue. And there’s Bloomberg Billionaires Index. His holding in BlackRock is valued at $570 million with dividends, stock sales and compensation — $27.7 million in 2017 — making […]

  • Apple Is the Richest Company, So Where Are the Billionaires?

    Art Levinson is only insider known to have at least $1 billion CEO Cook, who took over in 2011, is worth about $600 million Bloomberg Billionaires Index. But tracking down members of the three-comma club at Apple Inc. is a less fruitful endeavor, even though the iPhone-maker is the world’s most valuable company, with a […]

  • Weinstein Buyers Pull Out of Purchase After Looking at Books

    Maria Contreras-Sweet said her group is pulling out of its deal to buy the troubled Weinstein Co. film and TV studio after an examination of its finances raised doubts about the company’s viability. The deal fell apart after Contreras-Sweet’s group learned Weinstein’s liabilities were higher than the $225 million previously thought, people with knowledge of […]

  • China’s Love of Live-Streaming Makes Ex-Journalist a Billionaire

    Every night, millions of Chinese millennials swipe their smartphone screens and spend money to lavish virtual gifts on their favorite real-time entertainers. It has become a daily habit for 73 million users of live-streaming platform YY Inc. as they seek out everything from singing and dancing performances, makeup tutorials, trivia games and extreme sports. On […]

  • Da Vincis Christ Portrait Shatters Art Record With $450 Million Sale

    “Jesus Christ.” That was the reaction of mega art dealer Larry Gagosian after a rediscovered painting by Leonardo da Vinci became the most expensive work ever sold, soaring to $450.3 million at a Christie’s auction in New York on Wednesday. Alex Rotter, the auction house’s co-chairman of postwar and contemporary art in the Americas, placed the winning […]