Private Wealth News

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Top 15 Hedge Fund Managers Collectively Made $12 Billion In 2019

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The top five managers made more than $1 billion apiece, according to a Bloomberg analysis.

The Napa Chateau That Doogie Howser Built

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Dayna Boschco, widow of TV producer Steven Bochco, is putting a 47-acre Napa Valley estate on the market.

$450 Million Superyacht In Divorce Case Freed To Leave Dubai

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A $450 million superyacht at the center of London’s largest divorce fight may be finally set sail.

Cruise Ship Rejected By Five Ports Runs Out Of Options

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Luxury travelers are getting the third world treatment due to fears over coronavirus.

Ferrari Boosts 2020 Profit Estimate After Record Car Sales

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Ferrari sold over 10,000 units in 2019, a record for the luxury auto manufacturer.

‘Everything Is Accelerating’ In The Climate Fight, Warns Jeremy Grantham

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While the stakes rise increasingly higher, there has been some progress in combatting climate change, says Jeremy Grantham.

Big Short’s Eisman Ends Bet Against 'Cult-Like' Tesla

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Eisman said the recent run-up in Tesla Inc.’s stock is inexplicable and is instead bullish about General Motors Co.

Leverage Is Exploding In The Fine-Art World

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Daniel Sundheim, 42, is part of a new breed of collectors who are eagerly pledging artworks in exchange for lines of credit.

Quarantine On Virus-Hit Ships Heightens Cruise Industry Threat

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The deepening concern over the coronavirus outbreak is beginning to impact the luxury cruise industry.

Turn Valentine’s Day Into A Romantic Weekend At One Of These Lovely Hotels

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These 14 getaways may be the destination for romance and relaxation on this year's Valentine's Day.

Johns Hopkins Displaces Harvard As Top Fundraiser In Record Year

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A $1.8 billion donation from Michael Bloomberg puts Johns Hopkins University ahead of Harvard University in total fundraising among U.S. colleges.

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

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Thematic funds targeting technology and innovation are flourishing worldwide.

UN Experts Call For Probe Into Allegations Of Bezos’ Phone Hack

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The allegations point to a pattern of surveillance of perceived opponents and those of strategic importance to the Saudis.

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 Unlikely Rise Of The Trumps And Kushners

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Donald Trump, his children and the Kushner family may be on the verge of forming a new political dynasty.

Climate Change Is Killing Alpine Skiing As We Know It

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Many of the destination towns in the Alps are no longer cold enough to maintain skiing snow.

Bloomberg Says He Sees His Spending As Investment To Beat Trump

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Michael Bloomberg has already booked more than $223 million in advertising across the country.

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.

Nine Golf Courses We Can’t Wait To Play In 2020

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These nine new courses should entertain and challenge golfers in North America and Europe.

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