Annie Massa

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Ultra-Rich Families Set To Control $9.5 Trillion By 2030, Deloitte Says

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Large family offices are carving out new roles in the market, including as activist investors.

Icahn's Margin Loan Deal With SEC Caps $19 Billion Wealth Plunge

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The activist investor's wealth has plunged over the past year.

Soros, Druckenmiller Pared Megacap Holdings Ahead Of Rout

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Soros Fund Management sold some of its stake in Alphabet totaling $58 million.

Ackman's IPO Dream Implodes From $25 Billion To Zero In Weeks

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Behind the IPO debacle was a series of missteps that left many on Wall Street wondering what Ackman was thinking.

Jerry Seinfeld Net Worth Tops $1 Billion Thanks To Sitcom

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Seinfeld merchandise is among the most sought-after for any TV show.

Bill Ackman's Pershing Square Targets U.S. Retail Investors In New Fund

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Pershing Square's new push comes during an active stretch for Ackman.

Fidelity's Billionaire Johnson Family Backs Consumer Venture Capital Fund

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FMR LLC, the parent company of Fidelity Investments, is backing a new venture-capital fund whose initial investments span spices, vegan vitamins and skincare...

Fidelity's Billionaire Johnson Family Backs Consumer Venture Capital Fund

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The fund spent about a year prior to the launch quietly investing in four startups in health, wellness and beauty.

Schwab Sees Second-Quarter Revenue Declining As Much As 11%

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Executives maintain that the firm's higher-cost borrowing is temporary.

Schwab Began Hedging Interest-Rate Risk With About $3.9 Billion In Derivatives

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Schwab, which runs both brokerage and bank businesses, has been ensnared in the tumult ravaging regional banks.

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