Billionaire Larry Ellison once fought the entire city of San Jose so he could land his private jet at midnight, but when it came to buying a $490 million megayacht, he did it over lattes and two emails

‘Destroyed lives’: Chinese billionaire in exile sentenced to 30 years in US prison

Guo Wengui convinced hundreds of thousands of people to invest more than US1 billion but instead spent their money on a lavish lifestyle that included a superyacht and a New York penthouse.

<a href='https://news.sky.com/story/mark-kleinman-blog-see-the-latest-stories-from-sky-news-city-editor-13475361'>Morrisons in talks with US giant Realty Inc about £600m stores deal | Mark Kleinman blog</a>

<a href='https://news.sky.com/story/mark-kleinman-blog-see-the-latest-stories-from-sky-news-city-editor-13475361'>Morrisons in talks with US giant Realty Inc about £600m stores deal | Mark Kleinman blog</a>

The World’s First Trillionaire and the Company He Won’t Let Go

Elon Musk made history last month.

NYC’s top deals: Witkoff, Access Industries snag $24M for One High Line penthouse  

There were 295 transactions totaling 488 million filed in New York City records in the 24 hours before 4 p.m. on Friday, June 26. Commercial: The top commercial deal recorded in New York was on the Lower East Side. Shinko Co., which provides dry cleaning equipment, paid 24 million for a six-story, mixed-use building at 245 Eldridge Street. The seller, 245 Eldridge LLC, had owned the 10-apartment complex, which has ground-floor retail, since December, when the company purchased the building for 16.5 million. Residential: The most expensive home sale was a 23.5 million deal for a penthouse in []This article originally appeared on The Real Deal. Click here to read the full story.

Jaw-Dropping Amount of Money Billionaire Pays to Be Trump’s Friend Revealed

Elizabeth Frantz / ReutersMAGAfied billionaire Larry Ellison secretly channeled around 45 million into a tax-exempt group propping up Donald Trump’s 2024 election bid, according to an explosive new report. Ellison, who at 81 is just a year older than the president, has cultivated a low-key bond with Trump that The Wall Street Journal says has benefited both his software giant Oracle and his son David Ellison’s media empire. The donation, which represents one of the cycle’s largest single checks, flowed through a vehicle shielded from disclosure laws—leaving it hidden until now.Read more at The Daily Beast.

Mamdani Touts Big Business Investments in New York

Mamdani Touts Big Business Investments in New York

Justice for the victims of Epstein

Jeffrey Epstein may have seemed like a charming guy to most people who knew him. As an investment manager, he helped make his clients billions of dollars and they were happy with that. Many of them were also pleased with the so-called entertainment services he provided.Eventually, it all collapsed, though. Reports of him and others exploiting underaged females became too numerous to ignore. When faced with the possibility of spending the rest of his life in prison, he committed suicide while in jail in 2019. His estate has been tied up in conflicting lawsuits ever since.

Peter Thiel's broken doorbell – what a week outside his Buenos Aires mansion revealed

NOTICIAS magazine staked out the tech billionaire's home in Barrio Parque amid swirling rumours that the tech billionaire is leaving Argentina just as soon as he arrived. Days of surveillance turned up little more than fallen leaves, an empty mansion – and one unexpected visitor. Leer más

The Melbourne property plays set to make James Packer millions

After selling Crown casino, the businessman has ploughed millions into local real estate ventures, with projects set to offer affluent Melburnians a new era of downsizing luxury.

This Unexpected Tech Founder Is Now Richer Than Mark Zuckerberg, Larry Ellison and Jensen Huang

This CEO is now one of the richest people in the world, with a fortune greater than 200 billion.

Who is 32-year-old millionaire fraudster who bankrolls Farage and calls him ‘daddy’?

Cottrell reportedly sees Nigel Farage as a 'father figure'.

A CFO Departure. A Clinical Miss. A $43 Billion Question Mark. Should You Throw in the Towel on Pfizer Stock?

Things are going from bad to worse for the pharmaceutical giant.

Elon suffers another day short of trillionaire status

Right now he's merely a several-hundred-billionaire, according to Bloomberg's Billionaires Index.

Strip casino giants eyeing Wall Street exits as billionaires bet on Las Vegas' future

When billionaire Tilman Fertitta offered 17.6 billion to take Caesars Entertainment private, industry observers viewed it as a bold move by a longtime casino operator seeking control of one of gaming’s largest companies. Less than one week ...

Billionaire's reading list: Zerodha's Nikhil Kamath rates 5 books guiding his life & strategy

For a billionaire deeply rooted in the numbers-driven world of stockbroking, the revelation that human ambition is largely an unconscious attempt to escape mortality shifted his entire perspective.

The Illinois Restaurant Guy Fieri Can't Forget

The Illinois Restaurant Guy Fieri Can't Forget

Zohran Mamdani’s Wife Skips America’s 250th Celebration For Luxurious Overseas Islamic Retreat

While Democratic socialist New York City Mayor Zohran Mamdani used America’s 250th birthday to criticize capitalism, ICE, and what he described as an “arena of supremacy,” his wife, Rama Duwaji, spent the nation’s milestone celebration thousands of miles away at a luxury Islamic spiritual retreat in Spain. Duwaji departed from Newark Liberty International Airport earlier ...

Moving forward with debt sale, Chicago taps Bank of America as facilitator – City Bureau

The deal with the San Francisco-based bank is one step forward in the city’s plan to sell at least 1 billion worth of vehicular debt such as unpaid parking, speeding and red light camera tickets, in hopes of earning no less than 89.6 million. That’s roughly 9 cents on the dollar.

S3 Capital Lends $101M on Luxury Resort Project Near Orlando

A joint venture between Urban Network Capital Group and Vertical Developments has landed 101 million of construction financing to build a master-planned luxury resort community in suburban Orlando, Commercial Observer has learned. S3 Capital provided the loan for the sponsorship’s multiphased Visions Orlando Resort Spa project in Davenport, Fla. The 70-acre project when completed []

Would David Ellison Really Pull Paramount Out of California if the State Tries to Block Warner Bros. Merger?

Is David Ellison considering a nuclear option of relocating Paramount’s headquarters from California — and potentially diverting billions of production dollars from the Golden State — if California Attorney General Rob Bonta files an expected challenge to the Paramount-Warner Bros. Discovery deal? That was the suggestion in an anonymously sourced item published by Semafor on []

New York City has defeated Waymo, and the taxi lobby is the reason

Waymo delivers more than 500,000 paid rides per week across 10 US cities, raised 16 billion in February, and is expanding internationally to Tokyo and London. It cannot operate in New York City. The reason is not technical, it is political. As the New York Times reported this week, opposition from local politicians, labor unions, [] This story continues at The Next Web

Billionaire Leon Black to testify before House committee in Epstein probe

An investor who employed and was close to Jeffrey Epstein is scheduled to appear before members of Congress investigating the deceased sexual abuser. Billionaire Leon Black paid Epstein extraordinary sums that his spokespeople have said was for tax advice and estate planning. Earlier this month, Democratic Sen. Ron Wyden of Oregon wrote to the House []...Click to read more

Self-exiled Chinese billionaire Guo Wengui jailed for 30 years in US for fraud conviction

A self-exiled billionaire Chinese business tycoon once believed to be among China’s wealthiest men was sentenced on Monday to 30 years in a US prison for a massive financial fraud that a federal judge said cost over 1,000 people worldwide hundreds of millions of dollars. Guo Wengui, who fled China a decade ago and reinvented himself as a US-based Communist Party critic, was sentenced in a Manhattan courtroom packed with his supporters by Judge Analisa Torres. She said he “preyed on those seeking...

Self-exiled Chinese billionaire gets 30 years in US prison for fraud conviction

A self-exiled billionaire Chinese business tycoon once believed to be among China's wealthiest men was sentenced Monday to 30 years in a U.S. prison for a massive financial fraud that a federal judge said cost over 1,000 people worldwide hundreds of millions of dollars. Guo Wengui, who fled China a decade ago and reinvented himself as a U.S.-based Communist Party critic, was sentenced in a Manhattan courtroom packed with his supporters by Judge Analisa Torres. She said he preyed on those seeking to bring Democracy to China, taking their money so he could live lavishly.

Bill Ackman Backs Alphabet (NASDAQ: GOOGL), Amazon (NASDAQ: AMZN), And Meta (NASDAQ: META) As AI Spending Fears Create Buying Opportunity

Billionaire investor Bill Ackman is standing firm on his Big Tech holdings even as Wall Street grows increasingly skeptical about the industry’s massive artificial intelligence spending commitments. During a Forbes Iconoclast interview, Ackman discussed his portfolio strategy, his IPO plans, and his continued conviction in three of the market’s most debated technology giants. Ackman’s firm, [] The post Bill Ackman Backs Alphabet (NASDAQ: GOOGL), Amazon (NASDAQ: AMZN), And Meta (NASDAQ: META) As AI Spending Fears Create Buying Opportunity appeared first on Foreign Policy Journal.

His Neighbor Kept Parking Inches From His Car Door. His Brilliant, High-Tech Revenge Was to Quietly Buy the Man’s Business Domain.

I'd be scared to live next to that guy. The post His Neighbor Kept Parking Inches From His Car Door. His Brilliant, High-Tech Revenge Was to Quietly Buy the Man’s Business Domain. appeared first on TwistedSifter.

Ex-Google engineer left India for the American dream and built a $7.2 billion AI firm—he says everyone escaping right now is making a huge mistake

He left India for Silicon Valley, built two billion-dollar companies, and insists the U.S. remains the land of opportunity as Americans flee.

Exclusive: Element Labs raises funds at $4b valuation

This is the second time this month that an Israeli chip startup in serial entrepreneur Avigdor Willenz’s portfolio has raised hundreds of millions of dollars.

This is Mayor Zohran Mamdani's 9/11 [Interesting]

[link] [11 comments]

Money lesson from millionaire who once had big debt

Money lesson from millionaire who once had big debt

$29.2 Million: Why Walmart’s Former CEO Took Home the Biggest Payday of Any Grocery Retailer Last Year

The executive beat out leaders from Target and Albertsons.

Meet Ben Lamm: The billionaire CEO trying to bring back the woolly mammoth with a $10.2 billion startup

Meet Ben Lamm: The billionaire CEO trying to bring back the woolly mammoth with a $10.2 billion startup

California Drew the Venture Capital Than Any Other State

Despite high-profile billionaire departures and complaints about costs, California is pulling in more than 335 billion in venture capital -- about ten times New York ...

Foreign investors dump record W47tr in Korean stocks in May

Foreign investors dumped a record 47 trillion won (30.6 billion) of South Korean stocks in May, yet their market ownership climbed to an all-time high as the Kospi rally lifted the value of their remaining holdings. According to the Financial Supervisory Service on Friday, foreign investors sold a net 49 trillion won on the Kospi while buying a net 2 trillion won on the Kosdaq, according to the regulator's monthly foreign securities investment report. Net selling over the first five months of t

W. Palm Beach, Fla., airport now officially Donald J. Trump Int'l

W. Palm Beach, Fla., airport now officially Donald J. Trump Int'l