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The Latest Breaking News on Hedge Funds

Bill Ackman Pledges $10 Million Gift To Hall Of Fame After His Disastrous Professional Debut — And Will Manage It For Free

Hedge-fund billionaire Bill Ackman pledged a $10 million endowment to the International Tennis Hall of Fame days after his heavily panned pro-doubles debut, saying the fund will pay the organization 5% annually and that he will manage it for free.

Benzinga

S&P 500 Rally Far From Over? Strategist Says It Could Have 'Plenty Left In The Tank' As Institutional Investors Missed Out With $7.4 Trillion On Sidelines

Despite the fresh highs that the SP 500 index has made in the last few weeks from its April lows, experts predict that there is more room for the index to rally, as the institutional investors have missed the rally.

Benzinga

How the Jeffrey Epstein row plunged Maga world into turmoil – a timeline

Saga has pitted Trump against his base, with the president pleading with supporters to ‘not waste time’ on Epstein

The Guardian - US

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Bill Ackman Jeered For Tennis Match By Former Champions: 'The Biggest Joke I've Ever Watched'

Legends of the game of tennis are speaking out in criticism of billionaire hedge fund manager Bill Ackman after he recently took part in a professional tennis match.

Benzinga

Bill Gates Spent One 'Long' Weekend A Year Vacationing With His Ex At A Beach Cottage — He Says They 'Played Putt-Putt' But Melinda Approved

It's not every day you hear about a billionaire spending a weekend at the beach with his ex — and having his wife's full blessing. But that's exactly what Bill Gates arranged before marrying Melinda French in 1994.

Benzinga

Wall Street's Most Accurate Analysts Spotlight On 3 Utilities Stocks Delivering High-Dividend Yields

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

Benzinga

Billionaire Warren Buffett Was Asked Which Is Better, Being 'Rich' or Being Wealthy — He Said He'd Gladly Trade Net Worth For Extra Years On Earth

If you think being a billionaire means living in some gilded, diamond-encrusted parallel universe — Warren Buffett might surprise you.

Benzinga

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Epstein Died By Suicide, Did Not Have 'Client List': Govt Memo

Jeffrey Epstein was not murdered, did not blackmail prominent figures and did not keep a "client list," the FBI and Justice Department said Monday, debunking notable conspiracy theories about the disgraced US financier.

International Business Times

Warren Buffett Would Probably Still 'Literally Throw Up' When Speaking In Front Of Crowds If He Didn't Take This $100 College Course

Legendary Investor Warren Buffett had an extreme fear of public speaking in his younger days. If it weren’t for a $100 college course he took when he was 20 years old, the “Oracle of Omaha” might have shorted his own success.

Benzinga

Billionaire Begs for New Candidate to Challenge Socialist NYC Mayoral Candidate, Promising Funding: 'Save Our City'

Bill Ackman pledged to fund a new candidate's campaign, claiming Zohran Mamdani's socialist platform would be "disastrous" for New York City.

Latin Times

Bill Ackman Rips Chuck Schumer Over Zohran Mamdani Praise, Calls It 'Pathetic,' Warns NYC Risks $10 Billion In Lost Wealth

Pershing Square Capital Management CEO Bill Ackman launched a scathing attack on Sen. Chuck Schumer (D-N.Y.) on Wednesday over his endorsement of Zohran Mamdani, the progressive Democrat who won New York City’s mayoral primary.

Benzinga

Two US Lawmakers On The Armed Services Committee Quietly Snapped Up L3Harris Shares Leading Up To Iran Tensions: 'This Shouldn't Be Legal'

Two U.S. lawmakers are being called out after disclosing their stock purchases involving defense contractor L3Harris Technologies Inc. (NYSE:LHX), in the lead up to conflict with Iran, while serving on the Congressional Armed Services Committee.

Benzinga

Ex-analyst guilty of £1m insider trading while working from home during Covid lockdown

Redinel Korfuzi, who made £963,000 in around six months through the scheme, was convicted alongside his sister Oerta Korfuzi

The Independent UK

Treasury Secretary Bessent Reacts To Reported Fight With Musk, Says He's 'More of a Ninja' While Comparing Elon To a 'Viking'

Treasury Secretary Scott Bessent addressed the fight with Elon Musk, which at one point got physical, according to reports

Latin Times

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Latin Times

Trump Aides Have Reportedly Scheduled a Call With Musk To Deescalate Their Feud

Donald Trump aides have reportedly scheduled a call with Elon Musk to deescalate their explosive feud

Evening Standard

Elon Musk says Donald Trump appears in Epstein files as huge row explodes in public view

Falling-out between former close allies explodes as Trump says Musk has gone ‘crazy’ and billionaire hits back accusing US President of ‘ingratitude’

Latin Times

Elon Musk 'Wasn't Helpful' in His Criticism of Trump's 'Big, Beautiful Bill', Republican Lawmaker Says

A Republican Representative has called billionaire Elon Musk's sentiments towards the GOP spending bill "unhelpful", further stating that Musk's criticism was "disappointing" for the party.

International Business Times UK

Bill Gates' Children Set To Inherit Less Than 1% Of His £85.7bn Fortune: Who Are They?

Bill Gates has pledged to donate 99% of his fortune by 2045, leaving under 1% to his three children. Here's some quick facts about Jennifer, Rory, and Phoebe Gates.

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Windows Central

Bill Gates to donate '99% of his billions' to fix Elon Musk's mess: "The picture of the world's richest man killing the world's poorest children is not a pretty one"

Microsoft co-founder Bill Gates will give away $200 billion and spend the next 20 years eradicating deadly diseases and premature deaths of mothers and babies.

Latin Times

Bill Gates Slams Elon Musk After Pledging To Donate 99% Of His Fortune: 'Killing The World's Poorest Children'

Billionaire Bill Gates pledged to donate 99% of his fortune to the Gates Foundation over the next years before closing down the organization in 2045

International Business Times

Warren Buffett To Remain As Berkshire Hathaway Board Chair

American investor Warren Buffett, 94, will remain as chairman of Berkshire Hathaway's board of directors once he steps down as chief executive at the end of this year, the conglomerate announced Monday.

The Independent UK

Buffett will remain chairman at Berkshire Hathaway when Abel takes over as CEO in 2026

Billionaire Warren Buffett will remain chairman of Berkshire Hathaway after Greg Abel takes over as CEO at the start of the new year

Evening Standard

Warren Buffett is stepping down – but his advice is still timeless

The American investor’s rules for life have earned him billions of dollars and a loyal tribe of admirers

International Business Times

Warren Buffett To Retire From Berkshire Hathaway By Year's End

Influential billionaire investor Warren Buffett said Saturday he would retire from leading his Berkshire Hathaway business group by the end of the year and that he would recommend his chosen successor Greg Abel take over.

The Independent UK

Warren Buffett’s best and worst investments in his 60 years as Berkshire Hathaway CEO

Billionaire investor Warren Buffett says he wants to step down as chief executive of Berkshire Hathaway at the end of the year

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