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Feb 17 2024
News
Billionaire Soros to Become Biggest Stockholder in US Radio Company
Soros Fund Management is positioned to become the biggest shareholder of Audacy Inc. when the radio and podcast company emerges from bankruptcy.
The investment firm founded by billionaire George Soros has scooped up more than $400 million of Audacy’s highest-ranking debt, bankruptcy court filings show. That makes it by far the biggest member of a group of lenders planning to swap their
BloombergMar 24 2024
News
Wife of Minn. billionaire snaps at locals worried about her buying area homes, vows not to help ‘small-minded’ community
The wife of a Minnesota billionaire and member of America’s fourth-richest family is lashing out at locals worried about her scooping up homes in the neighborhood — and now vows to not help the “small-minded community.” Kathy Cargill – the spouse of billionaire James Cargill II, one of the heirs to food-industry behemoth Cargill, Inc. – started raising eyebrows over the past year after
New York Post (News)Jan 31 2024
News
Private equity billionaire David Rubenstein to buy Baltimore Orioles
Carlyle Group co-founder David Rubenstein has signed an agreement to buy the Baltimore Orioles baseball club from the Angelos family for just over $1.7 billion, as first reported by Puck and confirmed by Axios. Why it matters: Ask any long-suffering Orioles fan. Details: Rubenstein would be control owner, according to a source familiar with the situation. • His minority partners are expected
AxiosMar 06 2024
News
Tech billionaire donates $150M to Hawaii hospitals after massive real estate purchases raise alarms
Salesforce’s billionaire CEO Marc Benioff announced that he is gifting $150 million to Hawaiian hospitals — one week after locals raised alarms over reports that he has quietly has amassed roughly 600 acres of green landscapes in Waimea, Hawaii. Of the nine-figure donation, $50 million will be sent to the Hilo Medical Center, while the remaining $100 million will go to nonprofit healthcare
New York Post (News)Jan 15 2024
News
Billionaire Bill Ackman Donating $1M to Biden Challenger
Hedge fund manager Bill Ackman has thrown his considerable wealth and support behind Democrat Rep. Dean Phillips presidential campaign. Billionaire hedge fund manager Bill Ackman plans to donate $1 million to a political action committee (PAC) backing Rep. Dean Phillips (D-MN), a Democrat who launched a primary challenge to President Joe Biden in October last year. According to the billionaire
The Epoch TimesFeb 19 2024
News
Billionaire Lerner Family Ends Years Of Uncertainty For Washington Nationals: ‘We Are Not Going To Sell’
The billionaire family that owns the Washington Nationals has said it won't sell the baseball team almost two years after it first started looking for a buyer, ending years of uncertainty for fans and the city of Washington D.C. Mark Lerner, son of billionaire real estate magnates Annette and the late Ted Lerner, told the Washington Post on Monday his family has decided not to sell the
ForbesMar 06 2024
News
Katie Porter blames billionaires, campaign 'lies' in concession speech even though big donors backed her
California Democrat Katie Porter took a swipe at Rep. Adam Schiff, D-Calif., and special interest groups after losing the open Senate primary, suggesting that Schiff's campaign spent millions "peddling lies" and ultimately boosted the Republican in the race, former baseball player Steve Garvey, on Super Tuesday.
"We're standing three to one in TV spending and an onslaught of
Fox News (Online News)Feb 19 2024
News
Swiss Billionaire’s Nonprofit Sent $35 Million To Dark Money Group Propping Up Dems
The Berger Action Fund, one arm of liberal Swiss billionaire Hansjörg Wyss’ philanthropic empire, gave tens of millions to one of America’s most prolific Democrat-aligned dark money groups.
The Berger Action Fund, a 501(c)(4) nonprofit organization, gave $35 million to the liberal dark money group Sixteen Thirty Fund in 2022, tax documents show. Sixteen Thirty Fund in 2022 poured tens
The Daily CallerJan 18 2024
News
Tech Billionaires Release Map of Utopian City They Want to Build in California
California Forever, the quixotic, billionaire-backed project to build a new city in the Bay Area, is chugging along. Despite the fact that locals seem to hate it, the Silicon Valley dreamers behind the project remain undeterred. The team planning the city released more details about its proposed development, including a map of what the hypothetical future city might eventually look like.
GizmodoFeb 05 2024
Analysis
Elon Musk has lost more money this year than most billionaires are worth
The Wall Street Journal has yet another story this morning about Elon Musk’s drug use —“ketamine recreationally through a nasal spray bottle,” “ecstasy from a water bottle,” among other substances and delivery methods—this time concerning how he does them with board members of his various companies, some of whom have amassed very valuable stock options in their time there. (Musk didn’t comment
Quartz