Wealth

The activist group Prescription Addiction Intervention Now, or PAIN, is organizing protests across the country at museums like the Metropolitan Museum of Art’s Sackler wing in New York City, Washington’s Arthur M. Sackler Gallery and the Harvard Art Museums. These protesters aim to pressure the Sackler family, which amassed a fortune after founding Purdue Pharma
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Saudi Arabia’s best-known investor is back in the market. Prince Alwaleed bin Talal, a longtime investor in international businesses including Citigroup, Twitter, Lyft and the Four Seasons hotel chain, announced a $270 million transaction with the French music-streaming company Deezer on Thursday. The Deezer investment is the prince’s first big international deal since January, when
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Prosecutors have been eager to show jurors that President Donald Trump‘s former campaign chairman Paul Manafort lived an opulent lifestyle as part of his ongoing criminal trial on financial fraud charges. But their biggest obstacle so far has not been Manafort’s defense counsel — it’s been the judge. Manafort heads to Virginia federal district court
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Warren Buffett praised Leon Cooperman’s vow to give away his entire fortune to charity. In an email to the hedge fund billionaire, Buffett said “a disproportionately low number of people” from Wall Street have committed to the Giving Pledge, and he urged the 75-year-old Cooperman to influence his peers to give more. The Giving Pledge
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The Marlboro man has taken the reins of the Prancing Horse. Ferrari on Saturday announced Louis Camilleri, the former chairman and CEO of Philip Morris International and a current Ferrari board member, will be the company’s new CEO. The news followed the surprise announcement that current CEO and chairman Sergio Marchionne was “unable to return
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Christie’s auction house reported its highest-ever sales total for the first-half, topping $4 billion during the first six months of this year and highlighting the continued strength of the global art market. Total sales were up 35 percent in the first six months of 2018, according to Christie’s, which is privately held. More than three-quarters
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Forbes has made Kylie Jenner its new cover girl for self-made billionaire women. The trouble is, she’s probably not a billionaire. And she certainly isn’t self-made. On the cover of its “America’s Women Billionaires” issue, Forbes touts Jenner as the 21-year-old who is “set to become the youngest-ever self-made billionaire,” eclipsing Facebook founder Mark Zuckerberg,
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There’s no secret to scoring a coveted 90210 mailing address in California. All it takes is $692,388. From Beverly Hills to Greenwich, Connecticut, personal finance website GOBankingRates determined the exact annual income needed to live comfortably in the country’s most expensive ZIP codes, based on local home values and the cost of living (including groceries,
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