Billionaire says Trump Media a ‘scam,’ calls investors ‘dopes’
Trump Media, Truth Social’s parent company, is a “fraud,” billionaire investor Barry Diller said in a CNBC interview Thursday. “This is a fraud, just like everything he’s ever been involved in is some kind of fraud,” Diller said. spoke on CNBC “Squawk Box” refers to former President Donald Trump and Trump Media & Technology Group. […]
Disney, Bob Iger poised to win bitter board fight with billionaire Nelson Peltz
A multimillion-dollar quagmire battle over Walt Disney’s future continues Wednesday when the company is expected to announce that shareholders have rejected two hedge fund bids to shake up the entertainment giant’s board of directors. It will officially come to an end. Disney secured enough shareholder votes on Tuesday to defeat a challenge from billionaire investor […]
Billionaire Bill Ackman Calls for SEC Probe of Disney Proxy Battle Following ‘Inappropriate’ and ‘Illegal’ Media Leaks
Bill Ackman has asked the Securities and Exchange Commission to investigate the Walt Disney Company’s proxy fight following leaks to the media claiming that Disney is on its way to victory over activist investor Nelson Peltz. I’m asking you to start. Ackman’s hedge fund is not an investor in Disney, but the leak is wall […]
Hedge fund billionaire says US debt ‘is a growing concern that cannot be overlooked’
Philip Swagel, director of the Congressional Budget Office, is analyzing where lawmakers stand to rein in the rise in debt. Founder and CEO of Citadel ken griffin He sounded the alarm about the growing U.S. national debt in his annual letter to investors in his hedge fund, published Monday. Griffin pointed to recent projections by […]
Billionaire Trump supporter owns firm that underwrote Trump’s $175M bond
The company, which underwrote Donald Trump’s $175 million appeals bond in a New York state civil fraud case, is known for providing subprime auto loans and is known for providing subprime auto loans to billionaire potential Republican presidential candidates. Owned by supporters. Don Hankey, a California-based businessman who made a $1.6 billion fortune by lending […]
Secrets of Sean Diddy Combs’ billionaire boys club
Sean “Diddy” Combs turned his edgy rap appeal into a billion-dollar fortune, aggressively marketing himself to the super-rich. Billionaires told the Post that he cold-mailed them business proposals, while other Wall Streeters hailed him as a “genius” and one New York Stock Exchange CEO said he He called them an “inspiration” on par with the […]
Charitable misgiving: The modern billionaire philanthropist
Recently, and somewhat quietly, 93-year-old Ruth Gottsman said: billion dollar gift to Einstein College of Medicine in New York City. The purpose of this gift was to make medical school forever free to medical students. Surprisingly, this gift had few strings attached, other than the mission. No request was made to change the name of […]
Disney dealt stunning blow as billionaire Nelson Peltz lands big endorsement in proxy fight
In a blow to Walt Disney, activist Nelson Peltz announced Thursday that proxy advisory firm Institutional Shareholder Services (ISS) will recommend that shareholders elect him to the company’s board of directors in the fight against the entertainment conglomerate. received strong support. ISS’ recommendations could sway the votes of hundreds of investors, but Mr. Peltz, Disney’s […]
Billionaire Nelson Peltz Backs Trump, Says Biden Has ‘Really Scary Mental Condition’
Billionaire Disney investor Nelson Peltz says Biden is in a “really horrible mental state” and plans to support former President Donald Trump’s bid to take back the White House in November. Nelson Peltz wasn’t too enthusiastic about his choice. interview This week financial times. “It’s probably going to be Trump, but I’m not happy about […]
Chinese billionaire admits to making illegal straw donations to several political campaigns
A Chinese billionaire pleaded guilty on Monday to an illegal straw donation scheme, according to a report. press release From the United States Attorney’s Office for the Eastern District of New York. Hui Ching, a Chinese national who runs an entertainment company based in Hong Kong, admitted to making about $11,600 in straw donations to […]