PW Online

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A Powerful New Tool Transforms How Billionaires Give Fortunes Away

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The vehicle drew controversy in the past decade as a “dark money” political giving tool.

Apollo Co-Founder Leon Black Sued By Second Woman Claiming Rape

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The lawsuit alleges Black assaulted the woman after she was introduced to him by Jeffrey Epstein.

Lawyer Charged In Billionaire's Tax Case Dies On Eve Of Trial

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Carlos Kepke had been charged with helping private equity billionaire Robert F. Smith evade taxes.

Hedge Fund That Beat 99% Of Peers Places Contrarian Bet On Meta

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One top-performing manager, Tom Morris of the Liontrust GF Tortoise Fund, is going against the tide.

Jaguar Land Rover Cuts U.K. Production On Chip Shortages

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The manufacturer will cut production of the Range Rover Velar and Jaguar F-Pace models.

The Top Paris Museum Shows To See This Winter

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Paris is buzzing with the arguably the best collection of museum shows in the world right now.

Putting The 'Elite' In Elite Wealth Management

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There are some financial services and products that are more or less exclusive.

M.D. Sass Talks Concentration And Why It Works

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The boutique asset manager's president talks about how the firm prioritized concentrated value over a diversified approach.

The Importance Of Succession Planning For Ultra-Wealthy Family Businesses

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Succession planning is essential because it ensures that family conflicts will not destroy the family business.

Super-Rich Connoisseur Collectors

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There are different types of super-rich collectors.

Binance's Zhao Flags Possible $1 Billion For Distressed Assets

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Crypto billionaire Changpeng “CZ” Zhao further outlined his plans to backstop the stricken industry.

FTX Is Allowed To Hide The Identity Of Its 50 Biggest Creditors

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A judge ruled that FTX creditors, including rich investors, can remain anonymous.

Billionaire Investor Carl Icahn Is Betting Against GameStop Shares

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Icahn began shorting GameStop during the height of the meme-stock frenzy around January 2021.

It Was A Brutal Election Year For Self-Funding Candidates

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Mehmet Oz poured $23 million into his Senate campaign. Democrat Trudy Busch Valentine spent $10.4 million.

How Fidelity Investments Built America's Biggest Charity

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Donor-advised funds now often come highly recommended by charitable giving experts because they convey an ability to "bunch" donations.

Leveraging Technology To Ensure Compliance And Manage Risk In A Volatile Market

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How advisors should be leveraging technology to ensure compliance in a volatile market

Alternative Investments For Successful Closely Held Business Owners And Affluent Families

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Entrepreneurs and affluent families may want to consider alternative investments

Evaluating Liquid Tokens And Capturing Digital Assets Alpha

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Evaluating liquid crypto in an investment portfolio

Simplifying The Trust Management And Estate Planning Process

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Why advisors should incorporate trust and estate planning for all clients

The Battle Between Tax Cheats And The IRS Is About To Heat Up

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The Biden administration could use $104.5 million earmarked for the Treasury's Office of Tax Policy to hire legal staff to write new regulations.

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