Uber surges after Bill Ackman reveals $2B stake in app

Billionaire hedge fund manager Bill Ackman revealed Friday that his activist investment company had purchased approximately $2 billion worth of shares in Uber. Uber's shares are about 1pm east time on Friday after Ackman wrote X's stock on his company Pershing Square Capital Management to reach around 1% of its $16.113 billion market capitalization. They […]

Bill Ackman deletes post floating DC plane crash conspiracy theory

Bill Ackman, a billionaire hedge fund manager, deleted X's post on Wednesday night, which caused aerial collision between passenger jet near Reagan Airport and military helicopter as a result of a terrorist attack. I did. “How do you use all sensors and warning devices designed to prevent such accidents, and how do you dive into […]

Bill Ackman backs fellow hedge fund billionaire Whitney Tilson for NYC mayor

Billionaire investor Bill Ackman is flexing his political muscle again, this time by publicly promoting former hedge fund manager Whitney Tilson's candidacy for New York mayor. That's because “we don't want New York City to become San Francisco or, God forbid, Los Angeles.” Tilson, who founded Kase Capital Management in 1999 and was one of […]

Pershing Square delisting from Euronext Amsterdam after Bill Ackman threat

Pershing Square Holdings announced on Monday that it plans to delist its shares from Euronext Amsterdam, following a request by billionaire Bill Ackman to the company's board last month. The investment holding company, in which Mr. Ackman and his family own a 23% stake, said its shares will continue to trade in dollars and pounds […]

Pershing Square CEO Bill Ackman lists two NYC apartments: report

Bill Ackman put his two New York City apartment buildings on the market Thursday for a multimillion-dollar loss, according to reports. A billionaire hedge fund manager is unloading two luxury apartment buildings on Manhattan's Upper West Side for $19.9 million — years after he spent $22 million on them, according to New York magazine. Real […]

Bill Ackman feels ‘sorry’ for Tim Walz after debate with JD Vance

billionaire hedge fund manager bill ackman He didn't stay silent as he watched Tuesday night's CBS News vice presidential debate. The founder and CEO of Pershing Square Capital Management said Republican candidate Sen. J.D. Vance (R-Ohio) outperformed Democratic candidate Minnesota Governor Tim Walz. I made a series of X posts explaining why I think this. […]

Bill Ackman seeks to revive botched Pershing Square USA IPO

Hedge fund mogul Bill Ackman is trying to revive his failed Pershing Square USA IPO by offering attractive incentives to early investors.The Financial Times reported on Thursday. The 58-year-old billionaire last month withdrew plans to list a highly publicized new fund on the New York Stock Exchange. Investor demand fell short of his lofty expectations.. […]