BOSTON—Billionaire investor Julian Robertson, whose Tiger Management once ranked among the world’s biggest and most successful hedge funds and who trained generations of prominent managers known as “Tiger Cubs,” has died at age 90. Robertson died at his home in New York from cardiac complications, said his spokesman, Fraser Seitel. The North Carolina-born investor who…
Billionaire Hedge Fund Manager Julian Robertson Dies at 90: Spokesman
This Billionaire Says the Recession Is Happening In Phases, and We’re Now In the First Part
Venture capitalist and Social Capital owner Chamath Palihapitiya say that the world is experiencing a supply-side recession, which is the first part of the process. In a recent interview, Palihapitiya warns that the global economy appears on track to witness phases of recession. “We have been in a supply-side recession. That is what has caused…
3 Things LeBron James Can Teach You About Business Growth
By Jeremy Moser What image first comes to mind when you hear the name LeBron James? Basketball superstar? One of the most distinguished athletes of our time? Sure, but that’s not all. After a particularly profitable year (following an exceptionally successful career thus far), James raked in upwards of $1.2 billion in pretax earnings, giving him…
8 LeBron James Quotes to Help You Find the King Within
June 11, 2022
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By Emily Conklin LeBron James, the most dominant player in his sport, is a living NBA legend with unsurpassable work ethic, passion, and loyalty. The Los Angeles Lakers star and former Miami Heat legend has officially become the first NBA athlete to hit billionaire status while still playing in the league. Despite being a superstar, the…
Tiger Woods Joins Michael Jordan, LeBron James in Billionaire Club, Forbes Reports
Tiger Woods has joined Michael Jordan and LeBron James in a select group of elite athletes with a net worth of at least $1 billion, business magazine Forbes reported. Michael Jordan takes part in a ceremony honoring the 2020 NBA All-Star game at Spectrum Center in Charlotte, N.C., on Feb. 17, 2019. (Streeter Lecka/Getty Images)…
LeBron James Becomes First Active NBA Player to Score Billionaire Status: Report
LeBron James has become a billionaire, marking the first time a player still active in the NBA has achieved such a status, according to a recently published list by Forbes. The 18-time NBA all-star and two-time Olympic gold medalist has an estimated fortune of $1.2 billion in pretax earnings, Forbes reports, making him the first active NBA player to make the…
Australian Billionaire Cannon-Brookes Settles 11.3 Percent Stake Buy in AGL Energy
Australian tech billionaire Mike Cannon-Brookes’ firm Grok Ventures said on Wednesday it settled an 11.28 percent stake purchase in AGL Energy worth A$650 million ($455.33 million) with J.P. Morgan. Cannon-Brookes, the co-CEO of software firm Atlassian and a vocal climate activist, had gained the AGL stake earlier this month by converting a part of his…
Europe Officials Seize Multi-Million-Dollar Superyachts of Russian Billionaire Businessmen
March 3, 2022
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Authorities in Europe have seized two superyachts belonging to Russian businessmen with alleged close ties to Russian President Vladimir Putin, according to multiple reports. Authorities in France on Thursday seized a yacht they linked to the CEO of Russian oil giant Rosneft, Igor Sechin, in the Mediterranean port of La Ciotat, Finance Minister Bruno Le Maire said. “Thanks…
Pennsylvania Gubernatorial Race: Shapiro Positioned to Outspend Most Republican Candidates
February 16, 2022
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In the Pennsylvania race for governor, Democrat candidate Josh Shapiro has raised more money than all other candidates combined. Shapiro has raised more than $16 million and spent nearly $3 million. He has $13 million left to spend, and because he is unchallenged in the primary, most of that money will be available to outspend…
Billionaire Soros Buys Stake in EV Startup Rivian
NEW YORK—Billionaire investor George Soros bought nearly 20 million shares of electric truck startup Rivian Automotive Inc. in the quarter ended Dec. 31, securities filings showed Friday. The 19,835,761 shares, worth about $2 billion at the time, makes Soros Fund Management among the most prominent investors in a company that has yet to produce a…
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