Jeff Bezos hires investment firm to explore possible bid for Washington Commanders
Amazon founder Jeff Bezos may just become an NFL team owner soon.
Soros Fund Management sells Twitter and Zoom, loads up on Tesla
George Soros’s family office, Soros Fund Management, made several significant moves in its investment portfolio.
Endeavor’s investment in Twitter signals confidence in its growth potential
The investment marks the first known outside investment in Twitter 2.0 since Musk’s takeover and subsequent changes.
Warren Buffett’s firm spends $107 billion on stocks, sets record for buybacks
The firm spent around $107 billion on stocks in the last three years but sold about $88 billion of that, resulting in a net outlay of $18 billion.
US restaurant chain PF Chang’s to expand in India
This move is expected to further enhance India’s rapidly growing food and beverage industry.
Wall Street mourns the loss of Thomas H. Lee, master of the buyout deal
Lee’s suicide has reverberated throughout Wall Street, the museum world, and the art market.
Singapore emerges as preferred destination for family offices
Singapore currently has about 700 family offices, up from 400 in end-2020 and up sevenfold from 2017.
Nintendo heir’s family office says “patience is a superpower”
Nintendo’s heir and its family office is willing to have longer timeline for its portfolio companies.
Bao Fan’s disappearance sends chill through finance circles in China
Bao Fan missing sends shockwaves to Chinese investors.
Hong Kong aims to attract family offices with “Wealth for Good” summit
The WGHK summit will focus on four key themes: technology, art, green development, and philanthropy.