Hints and tips:
...With an $8,000 salary he somehow amassed millions of dollars by the time of his death....
...Early on, Apollo paid cents on the dollar for bonds Drexel clients had purchased at full price....
...Her separation from art-dealer scion David Mugrabi, whose family are known to own the biggest private collection of Warhols in the world, was dubbed by one socialite New York City’s “nastiest” multimillion-dollar...
...“He was so concerned about the employees, a lot of whom don’t have family in the US. It feels very much like a family.”...
...In New York, the Lincoln Centre’s David Geffen Hall will reopen next month after a multimillion-dollar refurb, with several new food and drink outlets....
...But this year, fintech shares have collectively lost nearly half a trillion dollars in value compared to their pandemic peak. That’s according to data from CB Insights....
...Some claim the Marcos family, who prosecutors say profited from billions of dollars’ worth of ill-gotten gains, in fact earned their wealth from gold, or that the Philippines was one of Asia’s “strongest...
...Nota bene: the Duke of York has agreed to a multimillion-dollar, out-of-court settlement with Virginia Giuffre, who was suing him for sexual abuse in connection with the Epstein saga....
...This is not just a recent phenomenon: Adam quotes Mark Jones, former director of London’s V&A, on Richard Wallace (1818-90), founder of the Wallace Collection, who “was an outsider, because of being illegitimate...
...Germany has a long history of entrepreneurship; its Mittelstand of family-owned companies powered its postwar economic miracle. It also has deep engineering expertise....
...Guedes said the country had entered a “V-shaped” recovery and would grow as much as 2.1 per cent next year, aided by investment commitments from the private sector of more than $100bn....
...A few years ago it was easy to exploit loopholes by tapping family and friends to help overcome individual restrictions....
...Today the family is battling to save whatever reputation it has left. Peter is accused of plundering Cox & Kings, the family’s company, in an alleged fraud totalling hundreds of millions of dollars....
...Write to the FintechFT team at imani.moise@ft.com and sid.v@ft.com....
...“It’s the last thing American families can afford.”...
...Images of Her Majesty on banknotes including a Bahamian dollar bill show her wearing this wedding present from the Nizam of Hyderabad....
...Thursday: Earnings from the trillion-dollar club with iPhone maker Apple, online retailer Amazon and Google’s Alphabet reporting....
...The store of value function is important; in many countries, family heirlooms are the main stock of wealth....
...The currency — which fell to as low as $1.14 when the pandemic hit in March — has risen 2.4 per cent against the dollar and 3 per cent against the euro since the end of 2020....
...I can glimpse a red-and-white gingham shirt under a V-neck navy jumper and a pair of antique drop earrings — her “uniform” of the moment — against a room wallpapered in mossy green velvet....
...Once Charles V was elected Holy Roman Emperor in 1519, the Habsburg challenge became far more considerable....
...True debt relief for the most vulnerable individuals and families could avoid this....
...The dollar index was unchanged. “It is an astronomically high number,” said Randy Frederick, vice-president of trading and derivatives at Charles Schwab....
...“This is a crisis that is driven by fear in a different way . . . this time it’s not just about people losing their assets or savings, it’s about their life, it’s about their families....
...dollars,” Mr Bharara told the Financial Times....
International Edition