Trump's overall net worth is about the same now as when he was elected -- but there's been a big change in the makeup of his fortune. Crypto ventures are already worth more than $600 million, with billions more soon to be unlocked. Gift link: t.co/YqsTZDPbX2
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Come listen to me and my Bloomberg colleagues dissect the Musk-Trump spat!
Coreweave's IPO minted three founder billionaires, but that's just the tip of the iceberg in a world of sky-high AI valuations. Here we identify 29 lesser-known founders getting very rich from the AI boom. Gift link @bloomberg.com www.bloomberg.com/features/202...
Life update: I got a capital-J Job!
In 2024 I began writing news quizzes for Bloomberg and this year we made it official. Today, our product launches and I get to tell the world!
I’m the games writer at Bloomberg! Play trivia written by me every week with Pointed! www.bloomberg.com/games/pointed
Susquehanna's Jeff Yass is now the richest person in finance outside of Warren Buffett. His net worth of $63 billion is thanks to surging trading revenues and his stake in TikTok owner Bytedance. bloomberg.com/news/article... via
@wealth
The top 20 highest-paid hedge fund managers made an average of $1.1 billion each in 2024, Bloomberg calculated. This is the first time we've had Rob Citrone of Discovery on the list, who made $730 million after betting on Argentina. Gift link: www.bloomberg.com/news/article...
How does a 15% gross return at a hedge fund turn into less than 3% for investors? Pass through fees! A fascinating look at how and why these fees are exploding at big multistrat firms.