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Blackstone's Real Estate Fund For Wealthy Prompts SEC Queries, Investor Scrutiny

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The $68 billion Blackstone Real Estate Income Trust has been grappling with investors pulling money.

Here Are This Year's 10 Most Expensive NYC Residential Sales

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The very peak of the high-end real estate market is not immune to macroeconomic conditions.

New York Risks Losing Wealthiest Over High Taxes, Comptroller Says

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Increased outlays on education, pensions and healthcare threaten to blow multibillion dollar holes in New York's finances.

Executive Accused Of Fine Wine Scheme Facing U.S. Extradition

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The U.S. wants the ex-CFO of Bordeaux Cellars Ltd., Andrew Fuller, to face charges of fraud and money laundering.

One Of World's Richest Families Is Building An Investment Firm

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The wealth managed by North American family offices has grown to an estimated $182 billion, according to a November study.

Citadel's Griffin Sues IRS For Failing To Protect His Financial Data

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Ken Griffin is seeking financial damages over a data breach, claiming the IRS didn't protect his information.

Twitter Suspends The Account That Tracked Elon Musk's Private Jet

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A student at the University of Central Florida operates automated accounts that follow celebrity jets.

Who Is Bernard Arnault, The World's Richest Person?

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The tycoon behind luxury-goods powerhouse LVMH surpassed Elon Musk on the Bloomberg Billionaires Index.

A Recession Will Not Deter Wealthy Americans From Spending In 2023, Survey Says

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A private wealth survey showed that the wealthy plan to spend mostly on travel, businesses and real estate.

Musk's $5.7 Billion Mystery Gift Went To His Own Charity

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His donation instantly made Elon Musk's charity arm one of the largest foundations in the U.S.

The Best Twitter Account To Follow Is One That Keeps Disappearing

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Survey respondents said Michael Burry, famous for "The Big Short," has the best Twitter account.

Billionaire Chinese Developer Arrested Over U.S. Bribery Charge

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Zhang Li is wanted in the U.S. over allegations he provided kickbacks to get California contracts.

Secretive Shein Founders Build $40 Billion Fortune In Rapid Fashion

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Its rise of Shein and its controversies have grabbed the fashion world by the lapels.

Bourbon Is As At Home In A Portfolio As It Is A Rocks Glass, CaskX Says

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Bourbon is poised to be the next good alternative investment, Jeremy Kasler said.

Family Offices Are Being Asked To Target Deforestation

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Global Canopy has produced guidance on attacking climate change.

Young Adults Living With Parents Fuel Luxury Boom, Morgan Stanley Says

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U.S. Census data shows nearly half of all young adults ages 18 to 29 are living with their parents.

Smash-And-Grab Watch Thefts Threaten Swiss Brands From Rolex To Patek

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Reports of high-end watch robberies, many of them violent, are soaring in cities around the world.

Saxo's 'Outrageous' Prediction? Gold Will Top $3,000 In 2023

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These are among Saxo Bank's self-described “outrageous” predictions for the year ahead.

Peter Thiel's Money Manager Hunts 'Next PayPal' For His Own Firm

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Jack Selby has parlayed his PayPal fortune into making movies as well as early investments in companies.

Lunch With Billionaire Investor Bill Ackman Will Cost You At Least $25,000

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This is the fifth time that Ackman has auctioned off a lunch for charity.

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