Devon Pendleton

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Jeff Bezos Loses $13.5 Billion After Amazon Disappointment

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Investor reaction to Amazon.com Inc.'s weaker-than-expected second quarter has sent its founder's fortune tumbling.

Banks Are Giving The Ultra-Rich Cheap Loans To Fund Their Lifestyle

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Rock-bottom interest rates have fueled the biggest borrowing binge on record.

Banks Are Giving The Ultra-Rich Cheap Loans To Fund Their Lifestyle

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Asset-backed debt is one of the hottest parts of private banking.

A Record Buyout Is Just The Start As Wealthy Flee U.S. Tax Hike

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The wealthy are making moves now to avoid footing the bill for Democrats' ambitious spending plans.

Walton Family, World's Richest, Raises $2.1 Billion From Walmart Holdings

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Walton family members are trying to keep their Walmart stake from ballooning amid the company's stock buybacks.

One Of America's Richest Families Emerges From Medline Buyout

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The sale of Medline could rank among the biggest transactions ever involving a family-owned business.

Billionaire Family Offices Reveal Biggest Equity Picks

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Family offices are betting on banks, technology and post-pandemic reopening stocks.

Billionaires Are Selling Mega-Sized Stock Blocks After Surge

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The ultra-wealthy are massively selling stocks in May.

Rockefeller's Fleming Sees Taxes Rising On The Corporate 'Honeypot'

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Corporations are the ones most likely to see higher taxes in President Biden's proposed tax overhaul, said Rockefeller Capital Management CEO Greg Fleming.

Bill And Melinda Gates To Divorce With $146 Billion At Stake

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The split after 27 years of marriage could have a profound impact on the couple's foundation and family office.

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