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Sotheby's Wins Suit By Russian Billionaire Over Art Fraud

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The trial opened a rare window into the mysterious world of high-end art purchases.

Chicago's Wealthy Raise $66 Million For Fight Against Crime

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The donors include the Crown and Pritzker family foundations.

Ex-Citi Bankers Target Family Offices Across Americas From Miami

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Their plan is to help single-family offices from Latin America build real estate investment companies.

Summit Takes Stake In Midwestern Indie Launch

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Veteran wirehouse advisor Daniel P. Murphy oversaw $400 million at Wells Fargo.

tru Independence Adds NYC Multifamily Office With $1B AUM

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Founded in 2019, Seven Mile Advisory serves a clientele of about 25 UHNW families.

Wealthy N.Y.C. Family Feuds Over $258 Million Madison Avenue Sale

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All of the parties are bold-faced names in Northeastern social and cultural circles.

Sotheby's Pitches First Of Its Kind Offer Secured By Art Collections Of The Wealthy

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The auction house plans to securitize loans made to the wealthy, with art used as collateral.

Singapore Hikes Permanent Residence Threshold For Ultra-Rich

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The government is trying to drive money into the local economy.

Richest German Getting $4.5 Billion Has Eye On U.K. Property

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Klaus-Michael Kuehne stands to pocket $4.5 billion in dividends this year.

Thomas Lee Is Remembered By Milken, Kraft As Wall Street Trailblazer

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The private equity pioneer, who took his own life last week, evokes memories of being generous with his time and money.

These Billionaire Owners Of Luxury Hotels Plan To Start Cruise Ship Operators

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There's a new wave of high-end luxury cruising operators targeting the wealthy.

Blackstone CEO Schwarzman Reaped Record $1.27 Billion In 2022

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Schwarzman, who owns some 20% of Blackstone shares, reaped about $1 billion in dividends.

Here's What A $10 Million Violin Sounds Like

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This Guarneri violin could top the $15.8 million public auction record.

Biden Can't Pay For Everything By Just Taxing The Wealthy

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Everyone will need to ante up more if we want to pay for all the new government Democrats envision.

World's Richest Woman, L'Oreal Billionaire, Beefs Up Investment Firm

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Francoise Bettencourt Meyers's Invest SAS named Cyrielle Villepelet as managing director.

Thomas Lee Was A Private Equity Pioneer Before Blackstone And Apollo

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Lee reportedly died in his office on Thursday of a self-inflicted gunshot wound.

Family Office Spinout With $10 Billion Builds Private Credit Team

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Cercano Management was spun out of Microsoft co-founder Paul Allen's family office.

Trump, Vornado-Owned San Francisco Buildings Land On Watchlist

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Higher rates have ramped up the pressure on commercial landlords, causing loan extensions to become costlier.

Spy Balloon Over Heckerling

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Our correspondent sends dispatches from the Heckerling 2023 estate planning conference.

U.S. Is No Longer The Millionaire Magnet It Was Before The Pandemic

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Wealth is fleeing most major U.S. metros in favor of mid-sized, Sun Belt cities.

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