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Billionaire Charlie Munger's Timely Apartment Bet Began With Hebrew Bible

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A encounter with a teenager led him to an investment in California apartment complexes.

The Real 'Crazy Rich Asians' Estate Is Up For A Luxury Rebuild

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The sprawling, vacant plot in Singapore may be transformed into a luxury residential development.

Trump Treasury Secretary Steven Mnuchin Raises $2.5 Billion Fund

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The fund was founded this year with a focus on technology, financial services and fintech.

The $2 Million Bacalar Shows Off The Best Of Bentley

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This limited, two-seat car was built by 40 artisans in Bentley's highly specialized Mulliner program.

David Sackler To Testify In Purdue Pharma's Bankruptcy Trial

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The Sacker family, which owns the drugmaker, is seeking broad protection from OxyContin lawsuits.

Senators Go Beyond Biden To End Private-Equity Tax Break

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The move would repeal the break for carried interest, which allows private equity managers to pay lower tax rates on their earnings.

Banker To World's Richest Families Has $3.6 Billion Fortune

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One of his firm's first investments, grill-maker Weber Inc., went public this week.

Billionaires' Row Condo May Face Foreclosure After Loan Default

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The owner of the exclusive condo defaulted on a $13.75 million mortgage.

Gateses Have Two Years To Decide If They Can Share Foundation

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Melinda French Gates might not stay at the $50 billion foundation she built with her husband Bill.

MacKenzie Scott Donates $2.7 Billion, Blasts Wealth Gap

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Her ex-husband, Jeff Bezos, has also accelerated his giving.

Coal Baron's Fatal Flight Was Illegal, Punctuated By Confusion

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Christopher Cline, founder of Foresight Energy, died with six others in a chaotic helicopter flight in 2019.

JPMorgan's $1 Billion Brother-Sister Team Leaves To Start Own Wealth Firm

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The Invictus Collective will focus on private investment portfolios for ultra-high-net-worth clients.

Tour Billionaire Pinault's New $194 Million Art Museum In Paris

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Parisians can now enjoy a 113,00-square-foot museum in the city's former commodities exchange.

Paulson Protege Who Scaled Kilimanjaro Builds $1 Billion Fund

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Andrew Klaber worked for more than a decade at John Paulson's hedge fund firm before launching Bedford Ridge in October.

Red Sox Owners Receive Investment From RedBird, LeBron James

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Fenway Sports also owns the Liverpool Football Club, Fenway Park and a 50% stake in Nascar's Roush Fensy Racing.

Riskiest U.S. Junk Bonds Are Outperforming Just About Everything

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The junk bonds' outperformance comes through a period of poor performance for most corporate credits.

Trump Attacks Niece Mary's Estate-Fraud Claims As Out Of Date

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Mary Trump claims her aunt and two uncles conspired for decades to skim tens of millions of dollars off her inheritance.

Billionaire Scores 3,000% Gain Through Electric-Vehicle SPAC

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Arrival is now worth $15.3 billion, more than double its valuation at the start of last year.

John McAfee Charged Over Crypto Promotion On Top Of Tax Woes

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The software mogul, in custody in Spain, was indicted for using social media to promote digital currencies.

Richest 100 Americans Would Pay $78 Billion Under Warren Tax

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The proposal requires households with a net worth of over $50 million to pay a 2% annual tax on their wealth.

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