Hong Kong Tycoon Cheng Raises Doubt Over Succession Plans
Hong Kong billionaire Henry Cheng said his family business is still looking for a successor, calling into question
2023-11-20 12:53
Millennium Sought Purge of Schonfeld Clients During Deal Talks
For months, two giant hedge funds discussed a partnership that would be unprecedented for the industry. Schonfeld Strategic
2023-11-18 23:51
Billionaires Niel, Saadé and Schmidt Invest in €300 Million AI Lab
Billionaires Xavier Niel, Rodolphe Saadé and Eric Schmidt announced a new nonprofit artificial intelligence research lab in Paris,
2023-11-17 23:54
Brazilians Have $1 Trillion Invested With Retail Gaining Ground
Brazilians had a record 5.5 trillion reais ($1.1 trillion) in domestic financial investments at the end of the
2023-11-17 22:19
Jack Ma Loses $683 Million on Alibaba Days Before Big Stake Sale
Jack Ma is preparing one of his biggest Alibaba Group Holding Ltd. stake reductions in recent years, and
2023-11-17 17:54
Schonfeld Cuts 15% of Staff After Exiting Millennium Talks
Schonfeld Strategic Advisors dismissed 15% of its workforce to cut costs after scrapping deal talks with Izzy Englander’s
2023-11-16 21:24
Chicken Finger Craze Fuels $7.6 Billion Fortune for Raising Cane’s Founder
Raising Cane’s Restaurants has grown to more than 750 locations worldwide, drawing lines when its flagship Times Square
2023-11-16 18:20
Billionaire Lithium Crashers Hamper Australian Deals, Miners Say
Australia’s richest woman and other billionaire entrepreneurs wading into takeover offers threaten to cool enthusiasm over the country’s
2023-11-15 13:45
Schonfeld Ends Millennium Partnership Talks, Secures Billions Elsewhere
It was about 5 p.m. in New York on Tuesday when Steven Schonfeld picked up the phone to
2023-11-15 13:25
PGA Tour Says It Will Offer Equity Ownership to Players
The PGA Tour said on Tuesday that it will offer professional golfers direct ownership in an entity being
2023-11-15 05:27
Billionaire Desmarais Family Sees Gain on Private Equity Deal
Power Corp. of Canada, the holding company of Canada’s billionaire Desmarais family, increased the estimated value of its
2023-11-15 00:55
Billionaire Money Manager Terry Smith Sees Worst Payday in Seven Years
Terry Smith, the UK’s most popular money manager, saw his first pay drop since 2016, as his funds
2023-11-14 18:20