Hints and tips:
...UBS has agreed to sell $8bn worth of loans to private capital group Apollo as part of a renegotiated deal to hive off a Credit Suisse business that securitised loans for assets such as yachts....
...The two Orient Express-branded yachts are being constructed by French shipbuilder Chantiers de l’Atlantique and are expected to launch in early 2026 and early 2027, respectively....
...of yachts and private jets that contrasts with the more frugal profile he maintained while overseeing Amazon’s rapid expansion....
...Venture capital firm Andreessen Horowitz is among the investors that received a windfall this week when billions of dollars worth of tokens were issued to the creators, backers and owners of the Bored Ape Yacht...
...The start-up behind Bored Ape Yacht Club, the non-fungible token collection that counts celebrities such as Gwyneth Paltrow and Snoop Dogg as owners, is discussing a financing with Andreessen Horowitz that...
...The swashbuckling Englishman once described by a fellow pheasant shooter as “the rudest man I’ve ever met” spent his early career facilitating payments for online gambling groups aboard a yacht in Monaco...
...An aggressive dealmaker, he merged Endeavor with rival William Morris, acquired sports media group IMG and Ultimate Fighting Championship, along with about 20 more transactions....
...The start-up behind Bored Ape Yacht Club non-fungible tokens has named a new chief executive as it ramps up plans to build a “metaverse” despite the crypto slump biting sales of digital assets....
...securitised products group....
...The Instagram influencer who makes their living taking pictures of themselves on fabulous yachts....
...Join our online book group on Facebook at FT Books Café...
...The New York-based securitised products business — which packages debts such as mortgages and loans for yachts before selling them on as securities — would reduce capital burdens on Credit Suisse’s balance...
...“There are the 1990s oligarchs, and we’re all very proud when we sanction them and their yachts get taken. But let’s be clear: those guys have zero influence over Vladimir Putin.”...
...Bored Ape Yacht Club’s non-fungible tokens have been purchased by celebrities including the musicians Snoop Dogg and Madonna....
...metaverse If BVI records are to be believed, Abramovich, the billionaire owner of Chelsea Football Club now criss-crossing the globe as Putin’s emissary in peace talks with Ukraine, lives in “The Great Gatsby...
...The letter also shows the billionaire’s address in Switzerland is listed simply as “Immeuble, Gatzby Le Magnifique”, which translates as “The Great Gatsby Building”....
...Russia’s invasion of Ukraine has brought renewed scrutiny of oligarchs, whose assets range from property to planes, yachts and sports teams....
...The start-up behind Bored Ape Yacht Club, the non-fungible token collection of digital art snapped up for millions of dollars by celebrities and crypto-enthusiasts, has an ambitious new idea from which it...
...(Nikkei Asia) News round-up Credit Suisse securitises yacht loans to oligarchs and tycoons (FT) US budget airline Frontier to buy rival Spirit for $6.6bn (FT) Landmark Credit Suisse money laundering...
...Welch, who also arranges finance for yachts and jet purchases, reckons he has received £500m of leads through giving out branded sunglasses cleaning cloths from his stall at the Monaco Yacht Show....
...His business occupied a Manhattan skyscraper, and he bought a penthouse and 56-foot yacht named “Bull”. He attributed his results to a mysterious “split strike” strategy....
...Other accoutrements include a private jet, a helicopter and an extensive collection of Scotch whisky — and Gupta is known to have entertained friends in Sydney on a 31-metre yacht....
...Mr Black is one of the most successful financiers of his generation, co-founder of Apollo Global Management, a group that ranks among the most powerful on Wall Street....
...to sell stake in McDonald’s China unit in push to cut debt (FT) JPMorgan applies to take control of its China futures business (FT) Walmart, other grocers are considering acquiring Grubhub (NY Post) Yacht-builder...
...Laurene Powell Jobs, the widow of late Apple co-founder Steve Jobs, has also organised her “social change organisation” Emerson Collective as an LLC....
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