Hints and tips:
...Drahi bought London-based Sotheby’s in 2019 for $3.7bn via his family office, not Altice....
...As it were, Freeman had just departed Jackson Walker after more than four years as a partner....
...Folwell said he has negotiated for lower fees and now votes the state’s holdings in proxy votes rather than letting BlackRock do so....
...Succession: With family businesses around the world set to pass trillions of dollars to children, advisers are putting greater emphasis on planning for the next generation....
...“No amount of research would’ve come up with pairing Bo Diddley and Bo Jackson in a commercial,” Riswold told me....
...Chipmakers like Intel, Infineon and ASE Technology Holding are increasing their manufacturing capacity in Malaysia....
...The Sage of Omaha, Warren Buffett, sold off some of Berkshire Hathaway’s Chevron holdings in 2023 and some analysts have soured on the stock....
...Dell’s family office, DFO Management, has agreed to provide the first outside capital to 5C Investment Partners....
...“But with the support of the CVAs and IVAs this is allowing me and my family to try and recover the best possible return for all parties.”...
...One person close to the family said this was a “significant test for Lachlan”....
...It is also possible that, for example, Arm’s small free float is more palatable because the dollar amount of the free float — around $5bn — is so large....
...WWE, a family business for decades until this year’s deal with Endeavor, has produced stars including Hulk Hogan and Dwayne “The Rock” Johnson....
...The latter is the devout Christian founder of Archegos Capital Management, the US family office whose 2021 collapse led to billions of dollars of losses for Wall Street banks and criminal charges for Hwang...
...This appears to irritate Musk because the origin story he has preferred in recent years is that his family was never that rich....
...And that to me meant dollar signs, because if they couldn’t do it and I could, then I’d make the money. And that’s what I wanted to do....
...Privately owned Armani and Dolce & Gabbana are also holding tight....
...The holding company The Roy family runs a holding company — a vehicle used to control interests in other companies....
...The other top Cascade holdings are also a bit bizarre for a technology billionaire’s family office....
...As a result, streamers have been holding back shows just to make sure they have something to air if the strikes grind on....
...In addition to their holdings being ostensibly wiped out in FTX’s bankruptcy, though, high-profile endorsers might lose some credibility when it comes to hawking financial advice on social media....
...Italy’s Del Vecchio family has been accused of “sabotaging” potential bids for Brooks Brothers and forcing the US menswear chain they controlled into bankruptcy to avoid paying tens of millions of dollars...
...“Everyone was getting comfortable in August again but unfortunately Jackson Hole happened and then everything went haywire,” the banker added, alluding to Federal Reserve chair Jay Powell’s remarks in Jackson...
...Banks that lost more than $10bn from the meltdown of Bill Hwang’s family office Archegos Capital Management in 2021 will get back as little as 5 cents on the dollar from its restructuring, with brokers such...
...This process could take decades and ultimately cost hundreds of billions of dollars, according to court filings by LTL....
..., so SBF didn’t get much doodle per dollar. 8) Nod Labs, Inc. ($1mn for 10 per cent) There’s a Santa Clara-based Nod Labs, founded by ex-Googler Anush Elangovan in 2013, works on “machine interaction,...
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