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The Latest Breaking News from Bill Ackman

Before becoming a billionaire investor, Bill Ackman’s journey began with a $14,000 Harvard sales job and a book linked to Warren Buffett

Bill Ackman’s investment career can be traced back to a surprisingly modest beginning: a college sales job that earned him $14,000. While studying at Harvard, Ackman sold advertising for the student-produced Let’s Go travel guides on commission, discovering that he had a knack for turning sales into serious money. The…

The Times of India

Bill Ackman adds Netflix, Visa & Mastercard in biggest portfolio shake-up in years

Investor Bill Ackman has disclosed significant portfolio changes, adding Netflix and other companies. His funds acquired stakes in Alcon, Intercontinental Exchange, and S&P Global. Ackman also added Microsoft to his portfolio earlier this year.

The Economic Times

Stock Market Today: S&P 500, Dow Futures Rise, Nasdaq Falls as July Inflation Cools—Cisco Systems, Netflix, Applied Materials in Focus (UPDATED)

U.S. stock futures were mixed on Thursday, as the Nasdaq 100 index fell and the Dow Jones and S&P 500 indices rose, following Wednesday’s lower close.

Benzinga

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Bill Ackman Lost $400 Million on NFLX Stock in 2022 — Now He’s Back With a 3.15M-Share Bet, Saying Netflix Has ‘Won the Streaming Wars’ (UPDATED)

Editor’s Note: The story has been refreshed with the latest market price action and a revised headline.

Benzinga

Trump Says He’s Exploring Federal Action to Block Zohran Mamdani’s Luxury Second-Home Tax, Calls It a ‘Dangerous Political Experiment’

President Donald Trump said Tuesday that his administration is examining whether the federal government can challenge New York City Mayor Zohran Mamdani’s new pied-à-terre tax on luxury second homes, calling the levy a "dangerous political ‘experiment’" that could damage the city.

Benzinga

Bill Ackman Says President Trump Has Done 'Very, Very Good Things': Trump Accounts Among His Favorites

Bill Ackman backed Donald Trump in 2024. Nearly two years into Trump’s second term, the Pershing Square (NYSE:PS) CEO may not agree with everything the president does, but he’s still bullish—particularly on Trump Accounts.

Benzinga

How a book that inspired Warren Buffett and a $14,000 side hustle helped billionaire Bill Ackman get started as an investor

Pershing Square Capital Management CEO Bill Ackman says he was inspired to become an investor after working at his dad’s real estate company.

Fortune

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Bill Ackman Backs Vivek Ramaswamy’s Data-Center Plan: 'Interesting Idea'

Hedge fund manager Bill Ackman is among the voices speaking out about the United States falling behind China if there isn’t more AI and data center growth. Ackman recently supported a proposal on data center regulation that former presidential candidate and current Ohio governor hopeful Vivek Ramaswamy shared on social…

Benzinga

Even receptionists & janitors 'own millions in stock' at this US billionaire’s hedge fund

Pershing Square Capital Management stands out for its remarkable employee benefits, with Bill Ackman saying that everyone from receptionists to custodial staff owns a significant amount of company stock. This inclusive approach highlights the value the firm places on every team member. The firm also offers a distinctive summer work…

The Economic Times

Bill Ackman's $35 billion hedge fund made janitors and receptionists millionaires—and its investment team summer together in the Hamptons

Billionaire investor Bill Ackman says employee loyalty pays dividends—and he’s willing to invest millions in stock awards and allowing summer remote work to earn it.

Fortune

Bill Ackman agrees with Jeff Bezos: Being a great CEO can do more for the world than philanthropy

The hedge fund billionaire has been a philanthropist for 20 years and told Fortune that it's "vastly less efficient at solving problems than capitalism."

Fortune

Uber Stock Is a ‘No Brainer’ for Bill Ackman After Its 2026 Selloff

Bill Ackman added a position in Uber Technologies (NYSE:UBER) to the Pershing Square Capital Management investment fund (NYSE:PSUS) in the first quarter of 2025. With Uber remaining one of the largest positions for the hedge fund, Ackman couldn’t help but agree with a recent social media post about the stock…

Benzinga

'Socialism is a disaster': Bill Ackman says Zohran Mamdani's bad left-wing housing policy is worsening New York's affordability crisis

"Left-wing mayors have made it very difficult for developers to build here," Ackman told Fortune. He highlighted Ken Griffin as a key example.

Fortune

Bill Ackman's next big bet is convincing Americans to fall back in love with capitalism

Also: All the news and watercooler chat from Fortune.

Fortune

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Benzinga

Bill Ackman Warns NYC's Luxury Home Tax Will Backfire, Says It Could Lower Property Values and Tax Receipts

Billionaire investor Bill Ackman is pushing back on New York City’s pied-à-terre tax, arguing the levy will backfire by shrinking property values and tax revenue rather than boosting city coffers.

Benzinga

Bill Ackman’s Amazon Bet Pays Off: Initial Stake Up At Least $423 Million

Amazon.com (NASDAQ:AMZN) stock is soaring Friday after the company’s double beat in the second quarter and explosive AWS growth. That’s good news for Amazon shareholders, including Bill Ackman.

Fortune

Bernard Arnault slams claim his kids are feuding for control of the $142 billion LVMH empire: ‘They burst out laughing ... It is the stuff of novels’

“In the real world, my children run Maisons, build teams, make decisions, and, sacrilege of sacrileges, call each other on Sundays,” Arnault countered.

Benzinga

House Passes Congressional Stock Trading Ban — Then The White House Gets Community Noted Over It

Efforts to stop members of Congress from buying and selling stocks and options have been a key interest of retail traders and some elected officials for years. A recent effort to ban the practice passed the U.S. House, but its limited scope and a bundled voter-ID provision sparked confusion and…

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Fortune

CEOs agree there’s an affordability crisis, but how to solve it isn’t so simple

Also: All the news and watercooler chat from Fortune.

Benzinga

Zelenskyy Appoints New Ukraine Military Chief as Protests Grow and Russia Strikes Key Energy Facility

Ukraine’s President Volodymyr Zelenskyy has appointed Major General Mykhailo Drapatyi as the new commander-in-chief of the country’s military, amid ongoing street protests in the country.

Fortune

A family crisis inspired Bill Ackman to spend $260 million to create a massive brain research institute in Manhattan

The new facility will be constructed on the Upper West Side, where Ackman has just purchased two buildings for a planned 700,000 square foot institute.

Benzinga

Bill Ackman Says Tesla Robotaxi Fears Are Creating a 'Very Cheap' Buying Opportunity for UBER

Billionaire investor Bill Ackman believes the market’s anxiety over Tesla Inc.‘s (NASDAQ:TSLA) upcoming autonomous fleet has severely mispriced Uber Technologies Inc. (NASDAQ:UBER), creating a highly lucrative entry point for investors.

Benzinga

Bill Ackman Says 'Never Bet Against Elon' Amid SpaceX's Decline, Explains Why Pershing Square Doesn't Own SPCX

Investment firm Pershing Square Inc. (NYSE:PS) founder Bill Ackman has backed Elon Musk and Space Exploration Technologies Corp. (NASDAQ:SPCX), calling the commercial space flight company a “very interesting business.”

Benzinga

Bill Ackman Says META and AMZN Are 'Cheap Stocks' Despite Their Massive Size

Billionaire investor Bill Ackman, the founder of Pershing Square, is betting heavily on tech behemoths Meta Platforms Inc. (NASDAQ:META)and Amazon.com Inc. (NASDAQ:AMZN), identifying both companies as “durable compounders.”

Fortune

The American Dream according to Bill Ackman

The billionaire investor on reviving Americans’ faith in capitalism—and the family crisis reshaping his legacy.

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