By contrast, hedge funds dialed up their bets on the sector in the fourth quarter.
A 70% surge in Tesla's share price is pushing Musk back towards the top of lists of the world's wealthiest people.
The waterfront property, which last sold in 2014, features an island and orchard.
Nathan Berman envisioned rich rewards where the establishment saw only risks.
The U.S. crackdown on trade-sanction violators is turning to the art world.
Anchor Financial will operate in Linwood, N.J.
The deal values Josh Kushner's Thrive at $5.3 billion.
Its flagship hedge fund gained 38% last year by trading everything from equities to commodities.
As Elizabeth Holmes fought fraud charges she lived on an estate with reportedly $13,000 in upkeep costs each month.
The money went missing from the Jamaican Olympic sprinter's investment account, his attorney says.
Deep-pocketed house hunters in the posh South Florida town are paying up for its few available spreads.
Still, Congress is highly unlikely to raise taxes in the next two years, one analyst predicted.
Michael Tiedemann is hunting deals after creating one of the largest publicly traded money managers catering to the super-rich.
Elon Musk wants to move his upcoming fraud trial with Tesla shareholders.
Demand won't necessarily bring rising prices, Sotheby's said.
David Einhorn's $2 billion Greenlight Capital focuses on undervalued stocks.
Founder Chris Kersey leads the firm after working as a medical doctor.
The new firm will cater to high-net-worth individuals, families, business owners, entrepreneurs and family offices.
Private equity titans like KKR have pursued unorthodox paths to dealmaking this year.
Family office exes aren't so sure the next generation is ready to take over the wealth.