Two American billionaire families are using Brexit to build a London property empire

Two American billionaire families are using Brexit to build a London property empire

Uncertainties surrounding Brexit has for the most part slowed the amount of money flowing into the UK —companies are putting projects on hold, staff are being relocated from London to other European business hubs, and London’s role as a dominant financial center is under threat. A pair of billionaire American families, however, is seizing on…

Topshop billionaire Sir Philip Green is named in UK Parliament as businessman who tried to stop media reporting allegations of sexual harassment and racism

Topshop billionaire Sir Philip Green is named in UK Parliament as businessman who tried to stop media reporting allegations of sexual harassment and racism

Retail billionaire Sir Philip Green was named in the UK parliament as the businessman who reportedly used a legal injunction a British newspaper from reporting allegations against him of sexual harassment, racist abuse, and bullying. None of the allegations have been proven in a court of law. Peter Hain named the businessman in the House…

Billionaire Marc Benioff’s $190 million deal for Time could drag tech deeper into Trump’s firing line

Billionaire Marc Benioff’s $190 million deal for Time could drag tech deeper into Trump’s firing line

Salesforce CEO Marc Benioff and his wife Lynne Benioff may find that their purchase of Time magazine comes with strings attached. The two announced on Sunday that they would be buying the iconic US magazine for $190 million (£145 million), only eight months after its previous owner, Meredith Corp., completed its acquisition of the title.…

Time magazine sold to tech billionaire

Time magazine sold to tech billionaire

Image copyright Getty Images Image caption Time magazine is being sold amid declines for newsstand sales and print advertising Time magazine is changing hands once again, nearly eight months after it was sold to US media group Meredith Corporation. The co-founder of Salesforce.com, Marc Benioff, and his wife are personally buying Time for $190m (£145.3m).…

The billionaire cofounder of WhatsApp is ‚resting and vesting’ — showing up to Facebook and barely working in order to collect a $450 million payday

The billionaire cofounder of WhatsApp is ‚resting and vesting’ — showing up to Facebook and barely working in order to collect a $450 million payday

The WhatsApp cofounder Jan Koum. Reuters The WhatsApp cofounder Jan Koum said in April that he planned to leave Facebook, which bought his company for $19 billion in 2014. He’s already sold $7.1 billion worth of Facebook shares. But he’s still showing up to the office, The Wall Street Journal reports, to collect one last…

Billionaire investor George Soros made a big bet on music streaming services, and it looks like it’s paying off

Billionaire investor George Soros made a big bet on music streaming services, and it looks like it’s paying off

Billionaire investor George Soros bet big on music-streaming platforms in the second quarter. His fund, Soros Fund Management, bought 728,700 shares of Spotify currently valued at $122.6 million in the second quarter, according to documents filed Tuesday. It also loaded up on 7.12 million shares of Pandora stock currently valued at $56.1 million, the filing…

French billionaire Serge Dassault dies

French billionaire Serge Dassault dies

Image copyright AFP Image caption Mr Dassualt’s group owned firms in aeronautics and armaments as well as the newspaper Le Figaro French entrepreneur and politician Serge Dassault has died at the age of 93, his family has said. Mr Dassault led the Dassault group after his father, Marcel’s, death in 1986. The group has numerous…

Billionaire Snapchat CEO Evan Spiegel and supermodel Miranda Kerr just welcomed their first baby — here’s a look inside the power couple’s whirlwind romance

Billionaire Snapchat CEO Evan Spiegel and supermodel Miranda Kerr just welcomed their first baby — here’s a look inside the power couple’s whirlwind romance

It’s been an exciting year for Evan Spiegel and Miranda Kerr. Kerr and Spiegel started dating nearly two years ago, and a whirlwind romance followed, which led to their engagement last year. Here’s how the two powerful stars met and fell in love: Biz Carson contributed to an earlier version of this post. The two…

When you’re a billionaire, spending $174,349 on an Airbnb-style vacation rental is no big deal — and these pictures prove it’s probably worth it

When you’re a billionaire, spending $174,349 on an Airbnb-style vacation rental is no big deal — and these pictures prove it’s probably worth it

You probably won’t find these vacation rentals on Airbnb.Photo courtesy of Nota Bene Global Airbnb has changed the way many people travel, including billionaires. Renting private villas has become increasingly popular among the world’s richest people, according to Nota Bene Global. Airbnb-style luxury villa rentals cost between $87,000 and $174,000 per week. Airbnb has changed…