Billionaire hedge fund manager Bill Ackman didn’t hold his tongue while watching the CBS News Vice Presidential Debate on Tuesday night. The founder and CEO of Pershing Square Capital Management made a series of X posts explaining why he thinks Republican nominee Sen. JD Vance (R-Ohio) outperformed Democratic nominee Minnesota Gov. Tim Walz. “JD Vance is whip … Read more
Billionaire investors and renowned hedge fund managers, such as Pershing Square Capital Management’s Bill Ackman, Citadel’s Ken Griffin, and Susquehanna International Group co-founder Jeff Yass, bought millions of Nike shares in Q2 despite the company struggling to retain the top market spot due to headwinds on multiple fronts. Shares are down over 20% year-to-date and … Read more
Billionaire hedge fund manager Bill Ackman said he confronted the CEO of Uber after his cab driver accused the ride-sharing app of not allowing him to keep tips. Ackman, the founder and CEO of Pershing Square Capital Management, wrote on his X social media account on Wednesday that he ordered a yellow cab in Manhattan … Read more
The fight against antisemitism may soon get a powerful and deep-pocketed ally: Blackstone chief Steve Schwarzman. The private equity titan, worth approximately $40 billion, has been discussing with various people his concern about the anti-Israeli protests at Yale, his alma mater, and the broader attacks against Jews around the country, people close to him tell … Read more
Founder and CEO of Masimo, Joe Kiani addresses a press conference in Bangalore on January 2, 2017. Manjunath Kiran | Afp | Getty Images Billionaire Masimo founder Joe Kiani, best known for his successful legal fight against Apple and his friendship with President Joe Biden, has borrowed against half of his $660 million stake in … Read more
A handful of American finance and tech tycoons are gearing up for multi-billion bids to buy TikTok after President Joe Biden signed an act which will force its Chinese owners to sell the app. The Wall Street and Silicon Valley figures are led by Steven Mnuchin, the former treasury secretary who has openly said he … Read more
Documents obtained by The Post indicate that Kamala Harris ignored calls from her staff to investigate Herbalife for pyramid-scheme behavior while serving as Attorney General of California — all while her husband, Douglas Emhoff, worked for the law firm representing Herbalife. According to the documents, Harris’s staff recommended she investigate the Los Angeles-based company, which … Read more
Jamie Dimon, CEO of America’s largest bank JP Morgan Chase, has been iced out of the White House’s good graces after apparently endorsing Republican policies and calling Donald Trump “kind of right,” The Post has learned. The self-identified Democrat has been labeled “MAGA curious” by White House insiders after telling Democrats to “respect” Trump’s supporters … Read more
Billionaire investor Bill Ackman, who led a campaign criticizing Harvard University as it has been rocked by turmoil over practices related to antisemitism, plagiarism and financial management, on Friday failed in a bid to get four candidates on the ballot for a governing board of the Ivy League school. One other candidate backed by Facebook founder Mark … Read more
Three members of the group behind the highbrow “TED Talks” lecture series resigned, claiming that the group took an anti-Palestinian stance for naming Bill Ackman as a 2024 main stage speaker. Astronomer Lucianne Walkowicz, filmmaker Saeed Taji Farouky and entrepreneur Ayah Bdeir co-signed a resignation letter on Wednesday, saying they are “no longer willing to … Read more
