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Hidden away in the Colorado Rockies, a Sicilian resort, or a Utah ski lodge are some of the most exclusive events a billionaire can hope to attend. Attendee lists are so all-star that even the Goldman Sacks chief executive is a 'third-tier guest' and if you have to ask, you're not invited. Between discussions topics like 'can you marry a robot?' quizzes on tech trends and performances by celebrities, deals are made and executives are hired. More and more of these elite getaways are popping up as guests crave time away from the spotlight with few cameras and everything is...

As Donald Trump faces a Monday deadline to post a $454 million bond in the civil fraud case against him in New York, insiders said he may be weighing a little-discussed option: Do nothing. The ex-president reportedly has been struggling to raise the cash for the bond — either from banks or wealthy friends — with his lawyers claiming on Monday that it was a “practical impossibility.” While some reports have raised speculation that Trump may “go nuclear” with a Chapter 11 filing to protect his prize real estate assets across Manhattan, experts said bankruptcy would create unwelcome complications as...

Ultra-progressive California Governor Gavin Newsom is in Las Vegas ahead of Super Bowl and is spending his time in Sin City hobnobbing with billionaires and Tom Brady, as speculation mounts that Joe Biden will stand down. On Friday, Newsom, 56, was a surprise guest at Fanatics billionaire Michael Rubin’s hot 100 luncheon at LAVO – a swanky restaurant at the upscale Palazzo hotel. The restaurant, which bills itself as offering ‘authentic Italian flavors and unforgettable experiences’, specializes in seafood – including a lavish $225 ‘plateau grande’ that comes with an entire lobster and kaluga caviar.

A migrant family with two young children have camped in the freezing cold outside the New York City offices of billionaire George Soros, 93, who poured at least $47 million into backing loose immigration policies and open borders. Shocking footage captures the woman and two young children sitting on the busy sidewalk outside the headquarters of the Open Society Foundation, a nonprofit organization established by far-left billionaire Soros in Midtown Manhattan. Consultant Jason Curtis Anderson, who shared the video on X, formerly Twitter, stated that the mother, an Asian migrant, has been there with her two babies for more than...

Trump must pay $ 83.3 MILLION to E. Jean Carroll for defamation, a federal jury has ruled

An investment firm led by the billionaire Stephen Deckoff has bought two private islands in the U.S Virgin Islands previously owned by the late notorious sex criminal Jeffrey Epstein, Deckoff confirmed to CNBC on Wednesday. Forbes first reported that Deckoff, the founder of the private equity firm Black Diamond Capital Management, purchased the two islands for $60 million, less than half of their initial asking price. One of the islands was used by Epstein to sexually abuse young women for years, according to court filings. “Mr. Deckoff plans to develop a state-of-the-art, five-star, world-class luxury 25-room resort that will help...

Billionaire hedge-fund manager Leon Cooperman nearly burst into tears Thursday over the future of America. Cooperman was talking about stocks he is invested in, noting he owns Microsoft but isn’t buying any more because of its price. That’s when Cooperman shifted gears to talk about his book and criticized Democratic Massachusetts Sen. Elizabeth Warren’s progressive outlook. “I’ve lived the American dream. I’m trying to convince people like Elizabeth Warren, Bernie Sanders and AOC, don’t move away from capitalism. Capitalism is the best system. I get choked up when I talk about it because basically my father came to America at...

A new lawsuit accuses Eaze, a major California cannabis company based in San Francisco, of running an illegal operation and defrauding investors. The lawsuit also accuses Eaze of being so low on cash that it is now “pending insolvency.” SNIP Eaze was formerly the buzziest cannabis company in California, running a delivery service that was valued at $700 million, with more than $255 million in total investment capital raised with the promise of becoming “the Amazon of weed,” according to TechCrunch. However, cash flow problems at the company have been documented for years, and Eaze has faced a series of...

July 21 (Reuters) - Apollo Global Management Inc (APO.N) co-founder Leon Black paid $62.5 million to the U.S. Virgin Islands to avoid any legal claims tied to a Jeffrey Epstein sex-trafficking investigation, the New York Times reported on Friday. The Times obtained a copy of the settlement agreement from the Virgin Islands government through a public records request. The settlement was reached in January. A spokesperson for Black confirmed in an emailed statement to Reuters that Black had settled with the Virgin Islands, noting that there was no suggestion in the settlement "that Mr. Black was aware of or participated...

A failure to resolve twin strikes of the writers’ and screen actors’ guilds could lead to “devastating effects” if no deal is reached soon, according to billionaire media mogul Barry Diller. snip Mr. Diller, a former Paramount Pictures CEO, said on July 16 that the situation could compound if not resolved quickly. “These conditions will potentially produce an absolute collapse of an entire industry,” he told CBS News. “I would call for a September 1 deadline. There’s a strike deadline. I think there should be a settlement deadline, because unless it happens by September 1 … The truth is, this...

Graeme Massie Thu, June 8, 2023 at 2:11 PM MDT·2 min read A Donald Trump-supporting New York billionaire says that he wants to buy embattled CNN from Warner Bros. Discovery. Grocery mogul John Catsimatidis told The New York Post that he would “go run the place tomorrow morning and all I’d want is $1 per year.” The news network has been hit by falling ratings and earlier this week under-fire CEO Chris Licht, who attempted to drag CNN to the right, was fired after a searing profile in The Atlantic. Greek-born Mr Catsimatidis, 74, refused to tell the newspaper how...

Chicago's wealthiest citizens are investing millions in its poorest neighborhoods in an attempt to help solve the city's spiraling crime crisis. Billionaire businessman James Crown, who leads the Civic Committee of the Commercial Club of Chicago, has made it his goal to make Chicago 'the Safest Big City in America.' The tycoon, whose family was ranked the 34th richest in America by Forbes in 2020 with an estimated worth of $10.2 billion, plans to leverage his national influence and work with other businessmen to combat crime in the murder capitol of the U.S. Crown introduced his crime-fighting plan Thursday, announcing...

In an interview with the Daily Mail, billionaire supermarket CEO John Catsimatidis expressed concern that Gen Z’s commitment to social media platforms like TikTok is hampering their career growth, echoing a sentiment shared by several other business magnates. In a recent interview with the Daily Mail, billionaire John Catsimatidis expressed concern that Gen Z’s reliance on social media sites like TikTok is impeding their professional development, echoing a sentiment expressed by a number of other business titans.

The politically connected Chinese donors who pledged $1-million to the Pierre Elliott Trudeau Foundation and the University of Montreal did not only want to build a statue of the former prime minister. They also sought to erect a statue at the university’s law school of chairman Mao Zedong, the Chinese leader who brought his country under Communist control and, in his decades as the Great Helmsman, oversaw policies that led to huge numbers of deaths from famine and violence. “They suggested one of Trudeau and Mao together,” Geneviève O’Meara, a spokesperson for the University of Montreal, confirmed to The Globe...

A New York City billionaire staged a private New Year’s Eve display that set a hillside ablaze near his New Zealand estate — and nearby residents are reportedly smoking mad. Empire State Building magnate Tony Malkin set off the extravagant display on his complex in Central Otago, near Queensland, as the clock struck midnight on Jan. 1 — torching more than an acre of grass and sparking a frenzy... Malkin, CEO of Empire State Realty Trust, owner of the iconic Manhattan building, set off the fireworks despite a petition from neighbors opposing it... The blaze tore through 1.2 acres of...

A dark money group tied to Swiss billionaire Hansjörg Wyss poured tens of millions of dollars into organizations leading major left-wing campaigns...Fund for a Better Future (FBF), which has received a majority of its funding from two nonprofit foundations overseen by Wyss in recent years, pushed large sums of cash last year to groups dedicated to overhauling the Supreme Court, supporting President Biden's "Build Back Better" initiative, addressing alleged voter suppression, and advocating for aggressive climate change policies.

Gov. Kathy Hochul attended a secret meeting this week at the Upper East Side townhouse of Alexander Rovt — a billionaire mega-donor to her campaign whose hospital network was bailed out by the state in April. A source provided The Post a video of Hochul — who is already under fire over accusations of pay to play campaign donations involving an overpriced, no-bid $637 million COVID test contract — entering Rovt’s mansion on East 68th Street Thursday morning. Rovt, 70, is chairman of the board of One Brooklyn Health Systems Inc., which runs a network of medical facilities where the...

Another US billionaire in the oil/gas industry (or in commodity markets) blamed the Biden administration’s energy policies for soaring fuel costs and said it would magnify the current crisis.John Arnold, former Enron trader and hedge fund manager, known as the “king of natural gas,” unleashed a tweetstorm Tuesday directed at Biden for the worsening supply outlook that sent natgas futures to 13-year highs. US Natgas supplies are trending below a 5-year mean. Source: Houston-based energy firm Criterion ResearchHe said the federal government should invoke the Defense Production Act to spur increased production, or prices could rise even more and cause...

Lakers star LeBron James has officially become the first active NBA player to obtain a net worth of $1 billion, according to Forbes. Legendary NBA superstar Michael Jordan has also reached the lofty billion-dollar mark, but he didn’t accomplish that feat until 2014, long after he retired from the league. Only $41 million worth of James’ considerable financial fortune comes from the Los Angeles Lakers team he plays for. The rest comes from shoe, movie, and clothing deals, the lion’s share of which is connected to Nike, which is among one of the dozens of international corporations linked to slave...

Well, well, well, roughly a quarter of the 2.2 billion dollars being spent on Obamaphones, has gone to a company owned by Carlos Slim. Todd Shields of Bloomberg reports: Slim's TracFone Wireless Inc. received about a quarter of the funds from the U.S. government's Lifeline program, according to the latest figures. Today, a House subcommitteeasked why the program, paid for by fees charged to U.S. phone subscribers, tripled in cost since 2008. How many other markets have grown 300% in the years since the crash? Slim is often called the richest man in the world, and owns the cell phone monopoly in Mexico,...